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State Street Bank and Trust Company (SSBT), commonly known as State Street Global Services, is a subsidiary of State Street Corporation organized as a trust company based in Massachusetts. The company is the largest custodian bank in the world and specializes in providing institutional investors , such as mutual funds , with clearing ...
In 1995, State Street acquired Investors Fiduciary Trust of Kansas City for $162 million from DST Systems and Kemper Financial Services. [22] [23] In 1996, Bank of New York acquired the unit investment trust servicing business of Investors Fiduciary Trust Co., Kansas City, Mo. [24] In 1997, State Street setup its office in Singapore. [25]
Retrieved from "https://en.wikipedia.org/w/index.php?title=State_Street_Bank_%26_Trust_Company&oldid=447146623"
The company reported fourth quarter adjusted earnings per share of $2.60, beating the street view of $2.43. Quarterly sales of $3.412 billion (+12%) outpaced the analyst consensus estimate of $3. ...
My former (I left a week ago) employer, State Street Corporation, a large Mutual fund firm in Boston, received approximately $3 billion in US government TARP bailout money about two years ago, and is now embarked on a program (A Joint Venture "JV" with SYNTEL of TROY, MI) of sending hundreds of jobs (in "small increments" in order to avoid the attention of the media, the press, and politicians ...
High-yield savings rates for December 12, 2024. Today’s highest savings rates are at FDIC-insured digital banks and online accounts paying out rates of up to 5.10% APY with no minimums at ...
State Street's total fourth-quarter income of $549 million was down 9% from a year ago and 25% from the fourth quarter. Its earnings were worse than analysts expected.
It has since become one of the leading sources of user-generated reviews and ratings for businesses. Yelp grew in usage and raised several rounds of funding in the following years. By 2010, it had $30 million in revenue, and the website had published about 4.5 million crowd-sourced reviews. From 2009 to 2012, Yelp expanded throughout Europe and ...