Custodian bank State Street reported a 3.8% fall in second-quarter profit on Tuesday, as higher employee compensation expenses offset fees earned from managing client assets. State Street's expenses ...

State Street Bank and Trust Company's long-term issuer rating moved up to Aa2 from Aa3, and its long-term foreign currency counterparty risk ratings were upgraded to Aa1 from Aa2.

Overview of the Recent Transaction On September 30, 2024, State Street Corp made a significant addition to its investment portfolio by acquiring 1,634,114 shares of Chatham Lodging Trust (NYSE ...

State Street Corp. and Northern Trust Corp. both announced moves earlier this month to lay off hundreds of ... A company spokesman said in an email that the layoffs will be made throughout the ...

On September 30, 2024, State Street Corp executed a significant transaction involving Essex Property Trust Inc (NYSE:ESS), marking a strategic adjustment in its investment portfolio. The firm ...

Equity Trust Co., a self-directed IRA provider in Westlake, has hired George Sullivan, formerly an executive vice president with Boston-based State Street Corp., as its CEO. Besides being an executive ...

Contacts. Renee Brown Senior Vice President, Client Experience and Analytics Equity Trust Company 888.382.4727 x5373 r.brown@trustetc.com. Dave Kowal Kowal Communications, Inc. 508-393-7023 kowal ...

State Street Corp. was hit with a lawsuit Wednesday in Illinois Northern District Court accusing the ... State Street Bank and Trust Co. Banking & Financial Services. March 01, 2023, 8:26 PM.

In 2018, State Street partnered with Lukka, a crypto reference data provider, valuation and reconciliation tool, to co-develop comprehensive digital asset fund administration services.

The latest international State Street Corp news and views from Reuters - one of the world's largest news agencies ...

State Street was not the only big custody bank to be bruised by the market Monday. Shares in Chicago-based Northern Trust fell 2.5%, while Bank of New York Mellon Corp.'s stock slid nearly 5%. Bank of ...

State Street reported total revenue of $3.3 billion for Q1 2025, a 5% increase compared to the same period last year. Fee revenue, which comprises the majority of the company’s income, grew by 6 ...