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State Street Corp (STT.N)

STT.N on New York Stock Exchange

50.54USD
21 Aug 2019
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Thu, Jun 27 2019

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State Street pays $94.3 million to settle U.S., state charges over hidden fund markups

State Street Corp agreed to pay $94.3 million to settle federal and state regulatory charges it routinely overcharged mutual fund customers and other clients over roughly 17 years by adding hidden markups on back-office expenses.

UPDATE 2-State Street pays $94.3 mln to settle U.S., state charges over hidden fund markups

June 27 State Street Corp agreed to pay $94.3 million to settle federal and state regulatory charges it routinely overcharged mutual fund customers and other clients over roughly 17 years by adding hidden markups on back-office expenses.

State Street to pay $88.8 mln to settle with U.S. SEC on mutual fund overcharges

June 27 State Street Corp agreed to pay $88.8 million to settle charges by the U.S. Securities and Exchange Commission that it overcharged mutual funds and other clients for expenses related to its custody of client assets, the regulator said on Thursday.

MOVES-State Street hires former Citi Asia head as new CEO of int'l business

April 15 Custodian bank State Street Corp on Monday named former Citigroup Inc Asia head Francisco Aristeguieta as chief executive officer for its international business.

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