New focus on large clients pays off for State Street despite pricing pressures
The improved performance in the last three months followed a renewed focus on its largest asset manager and asset owner clients.
Tag: State Street
Custody
BNY Mellon and State Street draw new battle lines for front-to-back data
A trend that defined global custody in 2019 and continues to spark debate, Global Custodian investigates the front-to-back data models of the market’s two largest providers.
State Street’s global head of alts services tech to join hedge fund giant
State Street has seen several senior technologists leave over recent months, while also appointing a new CIO following a review of its tech strategy.
Custody
Global Custodian’s biggest news stories of 2019
We break down the biggest stories of 2019 and what they meant for the global securities services industry.
US regulators raise concerns over ‘living will’ plans of global custodians
BNY Mellon and State Street were among the six banks that were found to have 'shortcomings' in their resolution plans.
State Street launches digital asset pilot with crypto custodian Gemini
The pilot will perform reporting scenarios on a user’s crypto currency holdings with Gemini Custody, and can be adapted to report on holdings of security tokens.
State Street reaches $3 trillion milestone for ETF fund admin business
State Street says it now administers nearly 70% of US ETF assets under management after a series of mandate wins.
State Street appoints new senior tech chief to support digitalisation effort
The bank has set out to become a ‘digital-first organisation’, emphasising on client experience and productivity.
State Street appoints new head of Paris branch
State Street has appointed Jordao to lead its Global Services business in France and further enhance the branch's strategy.
State Street recruits new buy-side sales head for Australia and Southeast Asia
State Street has hired a former buy-side executive from HSBC Securities Services to lead its sales initiatives across products and buy-side client sectors.