BlackRock jilts State Street, moves $1 trillion in custody assets to JPMorgan

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Go back to BlackRock jilts State Street, moves $1 trillion in custody assets to JPMorgan

Argus Downgrades State Street (STT) to Hold

January 26, 2017 8:14 AM EST

Argus downgraded State Street (NYSE: STT) from Buy to Hold.

The downgrade follows a 50% rise in the STT share price over the past year and news that BlackRock, a major State Street customer, will move a portion of its servicing assets to... More