State Street Corporation
Latest State Street Corporation News
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What S&P Credit Downgrade of Banks Means
negative outlook and decreased Wells Fargo to A+ from AA- while maintaining its outlook at negative. S&P maintained State Street Corp .’s A+ rating, but changed its outlook to negative from stable. “The banking industry continues to be under pressure
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Top 10 U.S. Cities for Super Richcompanies include BJ's Wholesale Club, life sciences company Thermo Fisher Scientific, financial services company State Street Corp ., medical device maker Boston Scientific and pharmaceutical company Genzyme. The cost of living is serious business
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Bank of New York Mellon Plans 1,500 Job Cuts
of their laid-off workers. Banks have been cutting jobs again in recent months. Goldman Sachs Group Inc. and State Street Corp ., among others, each announced last month that they would lay off about 3 percent of their work forces. What
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Bank of New York Mellon Adds Fee to Deposits
percent from the first quarter and up 64 percent from the same quarter last year. So far, the bank's chief rivals, State Street Corp . and Northern Trust Corp., say they have not instituted the same kind of fee. Investors withdrew $122 billion
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Wells Fargo, Coca-Cola, BofA Are Big Market Movers
for the photo company against Apple in a patent dispute, but investors still worry about the company's future. State Street Corp ., down 93 cents at $42.02 Earnings grew with higher fee revenue from the bank's investment services. But
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Moody's Warns Big Banks of Possible Downgrades
others are Bank of New York Mellon Corp., JPMorgan Chase & Co. Goldman Sachs Group Inc., Morgan Stanley and State Street Corp . Moody's said it's evaluating its assumption of federal backing for all of them. The rating agency signaled
News
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Big banks repay bailout money
billion, BB&T bbt $3.1 billion, Bank of New York Mellon bk $3 billion, and Northern Trust ntrs $1.57 billion. State Street stt was the last to announcement repayment, giving back $2 billion. Apart from Northern Trust, all of these banks underwent
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Treasury says 10 banks can repay taxpayer bailout loans
Capital One cof : $3.6 billion• American Express axp : $3.4 billion• BB&T bbt : $3.1 billion• Bank of New York Mellon bk : $3.0 billion• State Street stt : $2.0 billion• Northern Trust ntrs : $1.6 billion
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Bankers will defend bailout spending at House hearing
Blankfein and the CEOs of Bank of America bac , Citigroup c , JP Morgan Chase jpm , Wells Fargo wfc , Morgan Stanley ms , State Street stt and the Bank of New York Mellon bk appear before the House Financial Services Committee. The bankers are not sympathetic
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Bankers: Bailout funds helped boost loans, repayment coming
wfc , each of which received $25 billion; Goldman Sachs gs and Morgan Stanley ms , each of which got $10 billion, and State Street stt , and the Bank of New York Mellon bk , which received smaller amounts. The ninth institution, Merril Lynch, merged with
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Bank CEOs: The Men Behind the Billions
chairman and chief executive officer, State Street Corp . 2007 Compensation: Salary of $1 million and $22.7 million in stock awards. State Street Corp . TARP Funding: $2 billion State Street CEO Ronald Logue Amid major investment
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Stock market doesn't share Inauguration Day optimism
of the distress was centered in the battered banking system, where reports of more big losses at U.S. banks, such as State Street stt and Regions Financial rf , fanned fears that the crisis is getting worse. The slide continues a trend that began the day
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Wall Street Tumbles as Obama Takes Office
Hogan, chief market analyst at Jefferies & Co. State Street Corp ., which had been performing better than most financial term goal of 10 percent to 15 percent growth. State Street plunged $17.18, or 47 percent, to $19.16
