Fidelity Investments and State Street Boston Corp. have won the bidding for savings plan servicing contracts that General Motors Corp. has decided to take away from Bankers Trust New York Corp. at yearend.

While the terms of the new contracts were not disclosed, they are said to be among the largest in the employee-directed savings business, market experts said.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.