State Street Tries to Contain IT Costs, While Shoring up Asset Management Business

Posted on 10/26/2019


State Street Corporation reported total revenue of US$ 2.9 billion in the third quarter of 2019. Servicing fees, foreign echange trades, and interest income boosted the bottom line. Earnings per share came in at US$ 1.42. State Street’s assets under management have ballooned to nearly US$ 3 trillion, with US$ 13 billion coming in the […]

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