State Street were revealed to have misled clients on foreign currency trades.
The Global Custodian Team are joined by State Street's Nick Wright to discuss the week's news, tax transparent funds, pension funds outsourcing and digitisation.
Q2 results show improvement on first quarter but decline year-on-year.
The Illinois State Board of Investment has invited bids from custodians for management of its $3.9 billion DC scheme.
State Street has agreed to pilot the Margin Settlement Service.
Marc Russell-Jones was formerly at State Street and JP Morgan.
Citi has appointed two new fund services experts who arrive from JP Morgan and State Street, according to an internal memo seen by Global Custodian.
Only 7% of asset owners and managers currently have blockchain initiatives underway according to new research from State Street.
State Street Global Advisors (SSGA) has made 40 SPDR ETFs available on Euroclear’s FundSettle fund processing platform including its range of 29 Sector ETFs.
State Street has been selected as an official research partner by the International Forum of Sovereign Wealth Funds (IFSWF).