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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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 long-term goal of 10 percent to 15 percent growth. State Street plunged $17.18, or 47 percent, to $19.16
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State Street shares plummet on 2009 outlook
State Street stt dove to a 13-year low on Tuesday in both income and revenue in 2008, State Street said it expects 2009 results to fall to $2.59 billion. For the year, State Street reported net income after paying preferred
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Financial Bailout Balloons to the TrillionsMellon Corp., Citigroup (thought it later received more money), Goldman Sachs, JPMorgan Chase, Morgan Stanley, State Street Corp ., Wells Fargo and Merrill Lynch. An additional $91 billion was allocated Nov. 14, leaving some $60 billion
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Wall Street: Taking Bailouts, Giving Bonuses?Fargo, Bank of America (including Merrill Lynch), State Street Corp . and Bank of New York Mellon. Of the nine, JPMorgan the seven-figure incomes of bankers. Similarly, State Street Corp . said in a statement: "We do not intend to use
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U.S. buys $125B in bank stocks
mer , which is being acquired by Bank of America, got $10 billion. Bank of New York Mellon bk received $3 billion and State Street stt of Boston got $2 billion. Two large investment banks, which converted to bank holding companies during the upheavals
