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Spaulding Group lays down benchmark cost guidelines
17 December 2014 New York
Reporter: Stephanie Palmer

The Spaulding Group has released a set of custodian guidelines for transparency in benchmark cost, partnering up with three custodian banks; BNY Mellon, State Street and Northern Trust...

State Street stops swaps
05 December 2014 Boston
Reporter: Stephanie Palmer

State Street has announced it is closing its swaps business to focus on futures execution and clearing...

Pension funds hungry for investment risk
21 November 2014 Boston
Reporter: Stephanie Palmer

Pension funds will see an increase in appetite for investment risk over the next three years, according to a report by State Street...

State Street acquires two new WisdomTree ETFs
19 November 2014 London
Reporter: Stephanie Palmer

State Street has become custodian for two new ETFs launched by WisdomTree, which it already acts as a custodian for...

State Street strengthens servicing leadership team
31 October 2014 Boston
Reporter: Becky Butcher

State Street Corporation (SSC) appointed Jane Kirkland as senior vice president to strengthen its investment servicing business...

State Street reports 9 percent rise in fees
27 October 2014 London
Reporter: Stephanie Palmer

State Street saw a 9 percent jump in asset servicing and management fees in Q3 2014, compared to the same period in 2013...

State Street gets a positive 'A+'
18 August 2014 Chicago
Reporter: Catherine Van de Stouwe

State Street has been given a boosted rating to ‘A+’ by Fitch Ratings who also revised the firm’s rating outlook to Stable from Positive...

State Street calling Berger
05 August 2014 Frankfurt
Reporter: Catherine Van de Stouwe

Oliver Berger is set to join State Street as a senior vice president, head of strategic market initiatives for Europe, Middle East and Africa (EMEA)...

HSBC Securities Services recruits for China push
30 July 2014 Hong Kong
Reporter: Tammy Facey

HSBC Securities Services has created a new head of product strategy role to push business in China...

New Hub solution for financial industry
29 July 2014 New York
Reporter: Catherine Van de Stouwe

The Depositary Trust & Clearing Corporation (DTCC) has collaborated with six banks to establish the Clarient Entity Hub...

State Street has strong Q2 earnings
23 July 2014 Boston
Reporter: Catherine Van de Stouwe

State Street has reported a “solid” Q2 for 2014 with asset servicing and asset management revenue up 7 percent from Q2 2013...

State Street offers BAAM liquid alternatives
16 July 2014 New York
Reporter: Catherine Van de Stouwe

State Street has been selected by Blackstone Alternative Asset Management (BAAM) and Legg Mason for liquid alternatives fund servicing...