Custody banks

The custody bank’s linked-quarter net income dipped due to a decline in earning assets and lower transaction volumes.

Hannah Grove has made it her goal to make State Street's leaders better at storytelling, launching a two-day event that features TED-style talks with execs as well as influential names in fintech.

A good leader leads by example. A great one gets down in the trenches with her team even as she is dealing with serious health issues and the demands of her job are pulling her in multiple directions. That was Paulette Mullings Bradnock in early 2017.

They are disinclined to talk about it much yet, but the big three trust banks as well as JPMorgan and Goldman are said to be mulling custody services that would help shield wealthy bitcoin investors from theft. Here are the selling points and the risks.

State Street said it would suspend a share repurchase program and issue common and preferred stock to pay for the deal.

Assets under custody and administration surged to a record high of $33.6 trillion, the trust bank said in its second-quarter report.

The big custody bank's fees surged on new business gained from its deal for UBS business units in Europe.

The bank's head of investment management said Wednesday that his unit has eliminated dozens of high-cost funds over the last two years and replaced them with more passive and enhanced actively managed funds.

The custody bank benefited from a wide range of economic forces in the first quarter.

The Chicago custody bank also benefited from a recent acquisition of a UBS business in Europe and the lower federal income tax rate.