State Street loses $1 trillion in custody assets to JPMorgan

BOSTON (Reuters) - State Street Corp shares on Wednesday tumbled as much as 7.5 percent on a double dose of bad news: the bank reported a 3.4 percent drop in fourth quarter revenue and rival JPMorgan Chase & Co Inc announced poaching more than $1 trillion in custody assets.

State Street loses $1 trillion in custody assets to JPMorgan
Read More


Bagikan Berita Ini