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Stock Market & Financial Investment News

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January 24, 2014
08:07 EDTSTTState Street sees upward pressure on regulatory compliance costs in 2014
State Street is targeting positive operating leverage for full-year 2014 and expects to achieve an incremental $130M in total pre-tax expense savings from our Business Operations and IT Transformation program. The company expects upward pressure on regulatory compliance costs in 2014. Operating-basis effective tax rate to be relatively unchanged from 2013
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