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State Street Exec Talks Cutting Friction, Opportunity Costs With DLT For T+0 And Custody
Wednesday, June 1, 2022 - 11:03am | 1272The regulated blockchain infrastructure platform Paxos and State Street Corporation (NYSE: STT) launched a partnership on services integrations in May. As part of a pilot, State Street simulated the settlement and custody of shares on Paxos’ platform and asset movements with Credit...
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Goldman Sachs To Only Serve As IPO Underwriter For Companies With 'Diverse' Boards
Friday, January 24, 2020 - 4:54am | 374Investment banking giant Goldman Sachs Group Inc. (NYSE: GS) will not serve as an underwriter for any company's initial public offering that doesn't have at least one "diverse" member on its board. What Happened "Starting on July [1] in the [United States] and Europe, we'...
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Goldman Sachs PT Changes For 5/31
Tuesday, May 31, 2011 - 7:59am | 145Goldman Sachs has changed the price targets on the following companies: Affymetrix (NASDAQ: AFFX) from $4.50 to $5, Sell Bank of New York Mellon (NYSE: BK) from $30 to $29, Neutral Baxter International (NYSE: BAX) from $69 to $72, Buy CME Group (NASDAQ: CME) from $345 to $325, Neutral...
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Jefferies Raises PT On State Street to $62
Wednesday, April 20, 2011 - 6:27am | 28Jefferies & Company has raised the price target on State Street Corporation (NYSE: STT) from $57 to $62 and maintains its Buy rating.
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Goldman Sachs Raises STT Target To $58 From $53
Thursday, January 6, 2011 - 8:00am | 22Goldman Sachs is raising its PT on State Street Corporation (NYSE: STT) from $53 to $58.
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FDIC Issues Two Deposit Insurance Proposals
Wednesday, November 10, 2010 - 8:14am | 157Keefe Bruyette & Woods has published a research report on Large Cap banks after the FDIC Issues Two Deposit Insurance Proposals. In the report, KBW writes "On Tuesday, the FDIC issued two proposals on deposit insurance. The first is a proposal as mandated by Dodd-Frank which changes the way...
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State Street Corporation Maintains Outperform Rating
Wednesday, July 21, 2010 - 8:37am | 66Keefe, Bruyette & Woods raises its confidence in State Street Corporation (NYSE: STT) due to their solid 2Q earnings. Even though State Street Corporation pre-announced their 2Q results on July 7, the operating results remain strong, and resulted in raising EPS estimates and the price target to...
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SunTrust Robinson Humphrey Rates State Street (STT) A Buy
Monday, March 29, 2010 - 1:43pm | 139SunTrust Robinson Humphrey analysts John W Stilmar and Greg Robinson rated shares of State Street Corporation (NYSE: STT) a Buy, with a price target of $56. The analysts lowered their 1st quarter earnings estimates 6 cents per share to 77 cents per share, which is 2 cents above Wall Street's...