State Street Corporation (NYSE:STT) Q4 2022 Earnings Call Transcript
Operator: Good morning and welcome to State Street Corporation's Fourth Quarter and Full Year 2022 Earnings Conference Call and Webcast.
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Operator: Good morning and welcome to State Street Corporation's Fourth Quarter and Full Year 2022 Earnings Conference Call and Webcast.
Boston-based custody giant State Street benefitted from rising interest rates, which helped offset choppy financial markets and a decline in fee income.
CEO said he remains confident in the organic growth potential of the firm.
The Boston company said Tuesday that its $3.5 billion acquisition of Brown Brothers Harriman's investor service business is facing pushback from regulators. The deal's completion is now in doubt even though State Street has come up with a number of modifications, including lowering the purchase price.
State Street Corporation announced today that its Vice Chairman & Chief Financial Officer, Eric Aboaf, will participate in the BancAnalysts Association of Boston Conference in Boston on... | October 3, 2022