[Courtesy of Northern Trust Company]
The Northern Trust Company, a major US banking services provider based in Chicago, has been allowed to open a branch in South Korea, financial regulators said Wednesday.
The Northern Trust Company operates as a subsidiary of Northern Trust Corporation which provides investment management, asset and fund administration, fiduciary and banking services.
The Financial Services Commission said it has approved a request from the US company to open a branch in Seoul. There are 43 foreign financial institutions operating in South Korea.
Aju News Lim Chang-won = cwlim34@ajunews.com
reporter
Park Sae-jin
swatchsjp@ajunews.com
Copyright ⓒ Aju Press All rights reserved.
View more comments