Stuck in the Middle, Shareholders Could Push for State Street to Sell its Investment Management Business
Posted on 01/19/2022
State Street Corporation had profits jump in the fourth quarter of 2021. Market gains and some client wins, brought in more fee income for its asset-servicing business and its investment-management arm. State Street’s net income increased 30% to US$ 697 million from US$ 537 million in the same period a year earlier. AUM rose from […]
