NEW YORK (Reuters) - Northern Trust Corp <NTRS.O>, the U.S. financial services company that drew lawmakers' ire in February for throwing a lavish party after receiving bailout funds, will cut its 2010 entertainment budget, the Financial Times reported. Chicago-based Northern Trust's chairman and chief executive Rick Waddell told the newspaper that the bank "clearly misjudged ...

Northern Trust Corp. said Wednesday it repurchased for $87 million a stock-purchase warrant issued to the federal government last fall, completing the final step to exit the Treasury Department's bank rescue program. Northern Trust's repurchase of a warrant issued to the Treasury to buy about 3.8 ...

NEW YORK, June 17 Reuters) - Ten of the largest U.S. banks said on Wednesday they repaid more than $68 billion of taxpayer bailout funds, as they race to extract themselves from government restrictions on pay for top executives. Banks are returning money taken from the $700 billion Troubled Asset Relief Program, which was once intended to spur lending but ...

Northern Trust says it has repaid the $1.58 billion it received last fall as part of the government's $700 billion bank bailout program. Chicago-based Northern Trust received the money as part of the Treasury Department's program to help revive the stagnant credit and ...