State Street News

Boston-based State Street Corp. has over $2 trillion in assets under management, including over $565 billion in 13-F assets per its latest Q4 filing on Thursday.

A national business group will present Terrence Murray, retired chairman and CEO of FleetBoston Financial Corp., with a lifetime achievement award next month.

Barclays fiscal year 2011 net attributable profit of 3 billion pounds is down from 3.56 billion in 2010 on "challenging" market conditions.

Nomura weighs in on State Street after digesting the firm's Analyst Day presentation - maintaining a Buy rating and price target of $40. Analyst Glenn Schorr says that the firm is well-positioned and expects above-average growth, but warns of cyclical headwinds that include net interest income and FX.

State Street 's stock had its "hold" rating reaffirmed by investment analysts at Jefferies Group in a note issued to investors on Friday.

State Street 's stock had its "neutral" rating reaffirmed by equities research analysts at Nomura in a research note issued to investors on Friday.

State Street Corp has hired former Bank of America Corp's executive Dan McNicholas as head of sales for its alternative investment servicing business in the Asia Pacific region.

State Street Corp has hired former Bank of America Corp's executive Dan McNicholas as head of sales for its alternative investment servicing business in the Asia Pacific region.

Illinois Teachers' Retirement System , Springfield, authorized a search for the $36 billion system's first third-party securities lending agent.

Harvard University professor Jeremy Stein earned $198,500 giving speeches and consulting for financial institutions prior to his nomination to the Federal Reserve's Board of Governors.

Guggenheim Partners LLC is among the companies preparing to bid for Deutsche Bank AG 's asset- management divisions ahead of a deadline this week, said a person with knowledge of the matter.

State Street was downgraded by analysts at Evercore Partners from an "overweight" rating to an "equal weight" rating in a research report issued to clients and investors on Monday.

Analysts at BMO Capital Markets downgraded PNC Financial Services Group Inc from "outperform" to "market perform." PNC's shares closed at $62.20 on Friday.

Since I first presented a more bullish case on BNY Mellon than the Street here , the stock has risen by 18%, beating the Dow Jones by 870 basis points.

Hotel Indigo, IHG's [LON: IHG, NYSE: IHG] upscale boutique brand, today announces the February opening of the Hotel Indigo Santa Barbara.

Some banks have hundreds, or even thousands, of retail branches and make their money on the back of their interest margins.

The following financial service industry appointments were announced on Thursday.

The State Street Investor Confidence Index fell 2.1 points in January to 92.4 from 94.5 the month before, State Street Corp.

Macquarie Group Ltd., Australia's biggest investment bank, is vying with at least three companies to buy asset-management divisions from Deutsche Bank AG, said two people with knowledge of the matter.

Local members of the Swampscott Senior Center and Spirit of State Street joined together once again recently to donate to Children's Hospital.A In the event you missed the first article sharing how this union started we've included a copy below.