State Street says returning capital to shareholders is a priority Says well-positioned for 2013 return of capital to shareholders. Comments from slides that will be presented at the 2012 Banking and Financial Services Conference hosted by Bank of America Merrill Lynch.
State Street appointed by Hartford Funds to assist in providing custody services State Street announced that it has been appointed by Hartford Funds to assist in providing custody and accounting services for $93.6B in assets under management, which includes $20.6B in mutual funds supporting variable annuity and investment products. Hartford Funds is a leading provider of mutual funds.
State Street says legal accrual does not affect Q4, FY14 results The increased legal accrual does not affect State Streetís previously announced operating-basis Q4 and FY14 financial results, which are not presented on a GAAP-basis.