State Street

State Street is a leading financial services provider serving some of the world’s most sophisticated institutions. The company offers a flexible suite of services that spans the investment spectrum, including investment management, research and trading, and investment servicing.

 Page 2 

LATEST

State Street Plans 630 Job Cuts

Depression, Suicide

State Street, the third- largest custody bank, said it will eliminate 630 jobs in its third round of cuts in two years to bolster profit as record low interest rates weigh on revenue from lending.

State Street CFO to Retire in 2013

State Street Logo

State Street Corporation has announced that Executive Vice President and Chief Financial Officer, Edward J. Resch, 60, has informed the company of his plan to retire in 2013, after more than a decade in the role, following the appointment of his successor and an orderly transition of the function.

HOT LIST

Top Firms Get The Dreaded 'Bonus Letter'

Bloomberg reports that New York State Attorney General Andrew Cuomo has sent letters to some of the biggest banks in America, trying to acertain (amongst other things) exactly how big bonus pots would have been if the US taxpayer hadn't stepped in to bail out the industry.

FEATURED