State Street is a leading financial services provider serving some of the world’s most sophisticated institutions. The company offers a flexible suite of services that spans the investment spectrum, including investment management, research and trading, and investment servicing.

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State Street Appoints Senior Vice President

State Street Logo

State Street has announced the appointment of Dick Taggart to Senior Vice President and head of Middle Office Outsourcing Operations across North America for the Company’s Investment Manager Services business.


Depression, Suicide

State Street Plans 630 Job Cuts

State Street, the third- largest custody bank, said it will eliminate 630 jobs in its third round of cuts in two years to bolster profit as record low interest rates weigh on revenue from lending.

The 'Heads I Win, Tails You Lose' Bonus Report

New York State Attorney General Andrew Cuomo has released his report on bank bonus culture, which is he dramatically titles 'No Rhyme Or Reason - 'Heads I Win, Tails You Lose''. The contents will no doubt shock everyone, except those who work in the financial markets.

State Street Provides Details On Job Losses / Business Transformation Program

State Street Corporation has now provided an update of its multi-year business operations and IT transformation program. First announced in November 2010, the program is designed to enhance State Street's growth by substantially increasing its focus on technology research and development and service excellence to drive innovation for clients and to streamline its operating model.

Rescuing Goldman Sachs - The Truth

US Treasury Secretary Tim Geithner came under fire again last week over the bailout of AIG (he was a key player in that saga in his previous position as President of the New York Federal Reserve).