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State Street Corp (STT.N)

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Tue, Jun 26 2018

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Ex-State Street executive convicted in U.S. of hidden fee fraud

BOSTON A former State Street Corp executive was convicted on Tuesday of participating in a scheme to defraud several of the bank's customers by charging them secret commissions on billions of dollars of trades.

UPDATE 2-Ex-State Street executive convicted in U.S. of hidden fee fraud

BOSTON, June 26 A former State Street Corp executive was convicted on Tuesday of participating in a scheme to defraud several of the bank's customers by charging them secret commissions on billions of dollars of trades.

Ex-State Street executive convicted in U.S. of hidden fee fraud

BOSTON, June 26 A former executive at State Street Corp was convicted on Tuesday of U.S. charges that he participated in a scheme to defraud several of the bank's customers by charging them secret commissions on billions of dollars of trades.

Ex-State Street executive pulled 'bait-and-switch' on clients: U.S. prosecutor

BOSTON A former State Street Corp executive engaged in "bait-and switch" by promising to charge several of the bank's clients low fees to execute billions of dollars of trades before secretly applying commissions to them, a U.S. prosecutor said on Monday.

Ex-State Street exec pulled 'bait-and-switch' on clients -U.S. prosecutor

BOSTON, June 25 A former State Street Corp executive engaged in "bait-and switch" by promising to charge several of the bank's clients low fees to execute billions of dollars of trades before secretly applying commissions to them, a U.S. prosecutor said on Monday.

MOVES-State Street makes senior appointment

June 20 State Street Corp named Geoff Pullen as managing director of its alternatives sector for Europe, the Middle East and Africa (EMEA).

MOVES- State Street, Legal & General, Franklin Templeton

June 15 The following financial services industry appointments were announced on Friday. To inform us of other job changes, email moves@thomsonreuters.com.

MOVES-State Street names head of sector solutions for EMEA

June 15 Custody bank State Street Corp said on Friday it had named Maria Cantillon head of sector solutions for Europe, Middle East and Africa (EMEA).

Arkansas fund wants to remain in State Street case amid fee questions

By Nate Raymond The Arkansas Teacher Retirement System wants to remain lead plaintiff in a class action against State Street Corp to administer a $300 million settlement despite a judge's concerns that the pension fund may be conflicted by its relationship with law firms that may have overbilled the class.

Ex-State Street executive cheated clients with secret fees: U.S. prosecutor

BOSTON A former State Street Corp executive directed a fraudulent scheme to overcharge several of the bank's clients, including Kuwait's sovereign wealth fund, by applying secret commissions to billions of dollars' worth of trades, a U.S. prosecutor told jurors on Tuesday.

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