State Street Buys BestX

Posted on 08/27/2018


As State Street pivots toward technology investments in the front office, the mega custodial bank acquired London-based BestX, a transaction cost analysis specialist for foreign exchange markets. BestX is 10% owned by Thomson Reuters and 90% owned by its employees. The deal is expected to close in the third quarter of 2018. BestX was formed […]

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