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News Breaks | | | | October 24, 2012 | | 06:27 EDT |  | STT, NTRS, BK | State Street's valuation still looks attractive, Barron's contends
While the stock has appreciated more than 11% in the past 12 months, it has underperformed trust-and-custody peers, and its valuation still looks attractive, Barron's reports. If management can keep a lid on expenses, growth prospects in State Street's increasingly global platform look enticing. Combined with an attractive valuation, State Street shares should prove a healthy investment over the coming year. State Street shares are trading roughly in line with book value. And on the basis of tangible book value, both State Street and Northern Trust (NTRS) are cheaper than Bank of New York Mellon (BK). Reference Link | |
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News For STT;BK;NTRS From The Last 14 Days Check below for free stories on STT;BK;NTRS the last two weeks. |
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| June 18, 2013 | | 07:29 EDT |  | BK | Securities Industry and Financial Markets Association to host a conference
 Subscribe for More Information | | | June 12, 2013 | | 07:25 EDT |  | BK | BNY Mellon expands fund services for ING U.S. Investment Management
BNY Mellon has expanded its relationship with ING U.S. Investment Management to provide fund accounting and administration, custody, and transfer agency services for the Wisconsin Tomorrow's Scholar 529 Plan and the Iowa Advisor 529 Plan. | | | June 11, 2013 | | 07:38 EDT | | BK | BNY Mellon appointed trustee, agent roles for Rideau Transit's C$2.1B contract
BNY Mellon has been appointed collateral agent, insurance trustee and financial model custodian by the Rideau Transit Group for its C$2.1B transit contract. Rideau Transit Group will use the lender's proceeds to finance the construction of the Confederation Line, a light rail project that will run through the city of Ottawa, Canada. The Rideau Transit Group and the City of Ottawa have entered into a public-private partnership in which RTG will design, build, finance and maintain the Confederation Line light rapid transit system. RTG is a consortium comprising ACS Infrastructure Canada, SNC-Lavalin Capital and EllisDon. | | | 07:30 EDT | | STT | Morgan Stanley to host a conference
Subscribe for More Information | | | June 6, 2013 | | 16:11 EDT | | STT | State Street appoints Michael W. Bell as CFO
State Street announced that it has named Michael W. Bell as executive vice president and member of its Management Committee, the company’s senior-most policy-making and strategy group. Bell will assume the role of CFO in August, following the planned retirement of Edward J. Resch who has served in the role for eleven years. He most recently served as chief financial officer of Manulife Financial Corporation in Toronto. | | | 07:17 EDT | | BK | Pershing to host a conference
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