State Street completes acquisition of CF Global
Deal will bump State Street into the ranks of outsourced trading giants such as Northern Trust and UBS, extending its remit in outsourced trading to the UK and Europe.
Tag: State Street
State Street appoints new UK country head
Internal hire has overseen a number of significant projects across various roles at State Street.
State Street secures mandate wins worth $500bn in fourth quarter
Chief executive Ron O'Hanley underscored the firm’s strategic initiatives that reshaped operations and boosted productivity despite setbacks of 2023’s ‘unpredictable’ operating environment.
Broadridge poaches client delivery operations lead from State Street
Incoming hire spent 24 years at State Street, most recently as CEO of its IFSI/SS Alternative Funds Administration business.
Custody
State Street’s BBH acquisition ‘increasingly uncertain’, bank says
The bank also posts a 12.4% fall in servicing fees, continuing as the only top four custodian to post revenue declines from asset servicing this year.
State Street selects FundGuard to deliver accounting solutions for its Alpha product
FundGuard’s capabilities will implemented by State Street for its Alpha clients that offer mutual funds and ETFs, alternatives, insurance, and pensions.
State Street to administer A$1 billion Australian private equity fund
The fund will focus on mid-market private equity transactions in Australia and New Zealand.
Custody
State Street considering amended purchase price for BBH Investor Services with deal in jeopardy
The bank states that after 6 September 2022 either party can terminate the transaction without penalty and says that despite a review of the deal “there can be no assurance as to the timing or outcome of that review”.
State Street appointed fund administrator for K2’s Ethereum ETF
Deal follows a similar tie-up signed last month between the two companies for fund admin services on a bitcoin-based ETF.
State Street rolls out ETF portal in Asia-Pacific market
Initiative marks the custodian’s first ETF product in the region, with an Australian launch also expected in the coming months.