Shares of Northern Trust dropped more than 4% yesterday, after the Chicago-based firm noted an 18% drop in quarterly profits following a $45 million provision for credit losses largely related to loans to failed energy trader Enron.
Shares of Northern Trust Drop In Aftermath of Enron Fall
Shares of Northern Trust dropped more than 4% yesterday, after the Chicago based firm noted an 18% drop in quarterly profits following a $45 million provision for credit losses largely related to loans to failed energy trader Enron.