US - Assets under management at State Street Global Advisors, fell by 27% to US$1.4trn during 2008 while net income at available to shareholders at parent company State Street Corp. declined 71% to $65m, according to an earnings release published today.
However, State Street said total operating revenues - which excludes certain items - was up 25% to $10.5bn. Earnings on an operating basis for 2008 are $5.21 per share, up 14% from $4.57 per share ...
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