Northern Trust Corp at Credit Suisse Financial Services Forum Transcript
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Okay. So we're going to get started with our afternoon sessions now. Next up, we have Northern Trust. We are joined this afternoon by Northern Trust's CFO, Biff Bowman; and Shundrawn Thomas, President of Northern Trust Asset Management. So we're going to run this again as a fireside chat. I'm going to start with the Asset Management focused questions. We're going to dig into that business a little bit, and then move to the broader bank, discussing growth, capital requirements, operating margins. And so best to get started, and we will leave time for questions at the end.
So Shundrawn, what are your views of the prevailing industry trends within Asset Management, and then let's talk about Northern Trust's positioning in this business?
Sure. So if I were to focus on the key trends and I tend to prefer to focus on the secular trends. Number one,
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