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.

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LATEST

State Street CFO to Retire in 2013

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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.

State Street Appoints Senior Vice President

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State Street has announced the appointment of Dick Taggart to Senior Vice President and head of Middle Office Outsourcing Operations across North America for the Company’s Investment Manager Services business.

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State Street Provides Details On Job Losses / Business Transformation Program

State Street Corporation has now provided an update of its multi-year business operations and IT transformation program. First announced in November 2010, the program is designed to enhance State Street's growth by substantially increasing its focus on technology research and development and service excellence to drive innovation for clients and to streamline its operating model.

Former Business Slags Off Deutsche

The Scotsman reports that managers at Edinburgh's WM Company, a business supplier of investment fund performance reports previously owned by Deutsche bank and now under State Street, have made their feelings about life under the German banking giant known. And the comments they are said to have made appear to be far from complimentary.

Rescuing Goldman Sachs - The Truth

US Treasury Secretary Tim Geithner came under fire again last week over the bailout of AIG (he was a key player in that saga in his previous position as President of the New York Federal Reserve).

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