US - State Street has beaten its own revenue record for a second successive quarter, bringing in US$2.7bn in the three months to the end of June.
Income was 39% up on the same period in 2007, but expenses rose over 35% to $1.84bn, with only a fraction accounting for merger and integration costs of Investors Financial. Ronald E Logue, chai...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here