UPDATE 1-State Street sees flat fourth-qtr servicing fee, shares fall 10 pct
18 Oct UPDATE 1-State Street sees flat fourth-qtr servicing fee, shares fall 10 pct
Posted at 15:13h
in
News
by KMFSLLP
Custodian bank State Street Corp
said on Friday it expects fourth-quarter servicing fee revenue –
its main earnings driver – to remain flat compared with the
third quarter, sending its shares down 10 percent.
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