Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does State Street Corporation (STT) have what it takes? Let's find out.
Solid business servicing wins, expansion/consolidation efforts, high rates and global reach will likely keep aiding State Street's (STT) growth. Yet, rising costs and fee income concentration are woes.
SocGen (SCGLY) struggles to strike a deal for its securities services unit because potential bidders are not convinced with the price the bank is seeking.