- Zacks
State Street (STT) Rides on Expansion Efforts Despite Cost Woes
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.
- Zacks
SocGen (SCGLY) Faces Difficulty in Offloading Securities Unit
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.
- Bloomberg
State Street Says Active ETFs Set for $260 Billion Annual Haul
(Bloomberg) -- After a fresh torrent of inflows, actively run exchange-traded funds look poised for a record-breaking $260 billion haul this year as investors go beyond traditional benchmarks to ride alternative strategies, from selling options to riding cheap quant trades.Most Read from BloombergBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansVietnam Tycoon Sentenced to Death Faces New Charges: MediaBillionaire-Fri
