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State Street Corporation services institutional investors and manages financial assets worldwide. The Company's products and services include custody, accounting, administration, daily pricing, international exchange services, cash management, financial asset management, securities lending, and investment advisory services.

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Factors affecting cost of capital: Fundamental factors are market opportunities, capital provider’s preference, risk, & inflation. Other factors include Federal Reserve policy, federal surplus & deficit, foreign trade surpluses & deficits, country & exchange rate risk. Capital Structure, Dividend & Investment Policy

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The choice of the Federal Reserve's top official on the West Coast to be the head of its New York regional bank is generating controversy because he helped regulate Wells Fargo during its fake accounts scandal and is another white male at an institution critics complain lacks diversity.

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The caravan, largely consisting of desperate Central Americans, is dispersing but plans to regroup elsewhere.

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President Rodrigo Duterte says that inadequate sewage treatment on the island, a tourism hot spot, has turned its beaches into a “cesspool.”

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The New York Fed named Federal Reserve Bank of San Francisco chief John Williams as its next president, touting his monetary-policy expertise despite criticism over his supervision of Wells Fargo and calls for a woman or minority candidate to fill the post....WFC

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The committee co-chairs said Williams best fulfilled all the requirements they’d laid out as their priorities.

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John Williams, the leading candidate to head the New York Fed, has an academic grounding in economics and monetary policy -- the biggest hole on the resume of current Fed Chairman Jerome Powell -- a former private-equity executive, investment banker and corporate lawyer....JPM

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Better Markets, a non-profit organization, says a potential promotion by Federal Bank of San Francisco Fed President John Williams to lead the Federal Reserve Bank of New York would reward failure - because the San Francisco Fed failed to prevent widespread customer abuses at Wells Fargo....WFC

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From the establishment of the First Bank of the United States to Dodd-Frank, American banking regulation has followed the path of a swinging pendulum.

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Interest rates are determined by the fed funds rate and demand for U.S. Treasury notes. Here's how it works.

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In earlier incarnations, the North Korean leader’s train has featured sumptuous feasts, cases of fine French wines and female entertainers known as lady conductors.

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The appointment of the New York Fed's president will be the first test of Powell’s commitment to diversity.

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Greek banks could soon bring new problems to Europe, as regulators test how sound they are after eight years of economic turmoil.

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With little available land and housing prices soaring ever higher, Hong Kong is considering some audacious ways to house residents.

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In 2017, equity defensives outperformed equity cyclicals, large caps outperformed small caps, and we got a weaker US dollar and flattening US yield curve in the

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The people who set interest rates don’t know what causes inflation, how to measure it, or how to move it up and down.

STATE STREET CORP (STT)

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The Great Australian Bight, a pristine stretch of ocean, is believed to have enormous natural gas reserves. The local fishing and tourism industries worry the risks of drilling outweigh talk of jobs.

STATE STREET CORP (STT)

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Gold prices are seeing some interest following the Fed's latest decision on interest rates.

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The Youth Army, a recent Kremlin creation, is designed to imprint nationalist fervor, but critics doubt Russia needs a militaristic league for the young.

STATE STREET CORP (STT)

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This is the story of the central bank’s “dot plot.”

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