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State Street Corp., the Boston-based financial services giant, will slash about 1,500 jobs before the year draws to a close. The layoffs were announced on Dec. 6 by Eric Aboaf, vice chairman and ...
State Street saw pricing compression of 4% in 2018 and 2019, though it did moderate to about a 2% headwind in 2020, 2021, and 2022. The rapid rise in interest rates during 2022 helped the custody ...
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Sep 7, 2021 · Among the key metrics of the deal for Wall Street investors, State Street said BBH Investor Services will add $1.4 billion in revenue and $300 million in pretax income to its business.
Apr 12, 2024 · About State Street Corporation State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading.
State Street Corporation is a bank holding company conducting business principally through its subsidiary State Street Bank and Trust Co. Descended from one of the first banks in the United States — the Union Bank, which was founded in 1792 — State Street is now the nation ’ s largest custodian and trustee for mutual funds and pension funds, with $6.2 trillion under custody and $763 ...
1 day ago · State Street Corporation (NYSE: STT) today announced its intention to increase its per share common stock dividend by 10% to $0.76 in the third quarter of 2024, subject to consideration and approval by its Board of Directors. State Street continues to be authorized to repurchase common shares under ...
