- Reuters•4 hours ago
State Street said it expects to pay a total $530 million for the settlements, which would be fully covered by a previously established reserve, according to a statement on Tuesday. State Street is paying at least $382.4 million under the settlement with the Department of Justice, to settle allegations that it deceived some clients of its indirect foreign currency exchange services, the Department of Justice said in a statement.
- The Wall Street Journal•7 hours ago
State Street agreed to pay about $530 million to clear a thicket of lawsuits alleging the custody bank had overcharged clients on foreign-currency transactions.
State Street CorporationNYSE
After hours: 58.320.00 (0.00%) as of 4:25 PM EDT
|Bid||48.50 x 300|
|Ask||77.50 x 300|
|52wk Range||50.60 - 79.80|
|Day's Range||57.52 - 58.37|
|Avg Vol (3m)||2,748,998|
As of 4:02 PM EDT. Market closed.