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Pension fund separates sec lending from custody
22 August 2012 Austin, Texas
Reporter: Mark Dugdale

Texas Municipal Retirement System had named Deutsche Bank as its securities lending agent and rehired State Street as its global custodian...

S&P won’t alter ratings for State Street
20 July 2012 Massachusetts
Reporter: Georgina Lavers

Standard & Poor's Ratings Services today said that its ratings on State Street are not affected by the company's solid second-quarter earnings, which reflect flat fee revenue...

State Street does Goldman Sachs deal
18 July 2012 New York and Boston
Reporter: Mark Dugdale

State Street has confirmed that it will acquire hedge fund administrator Goldman Sachs Administration Services (GSAS) from the Goldman Sachs group in a deal worth up to $550 million...

Northern Trust grows Australian asset servicing division
17 July 2012 Melbourne
Reporter: Georgina Lavers

Northern Trust has stated it intends to grow its asset servicing business in Australia, with a significant increase in assets and the addition of new staff in its Melbourne office...

State Street may acquire Goldman Sachs fund administration
11 June 2012 New York
Reporter: Georgina Lavers

It has been reported that State Street is on the cusp of buying Goldman Sachs’ hedge fund administration business, after Goldman Sachs has been shopping around for several months...

New hire for State Street fund services
31 May 2012 Boston
Reporter: Georgina Lavers

State Street Corporation has appointed Timothy Donovan to senior managing director and head of real estate fund services for North America...

A ray of sunshine for NAB Asset Servicing
11 May 2012 Australia
Reporter: Georgina Lavers

After losing two custody mandates in recent months; QSuper to State Street in early March, and AvSuper to BNP Paribas in April, NAB have struck gold in a mandate by JCP Investment Partners to provide custody and investment administration services...

Jayawardana to develop product at Confluence
09 May 2012 Pittsburgh and Luxembourg
Reporter: Georgina Lavers

Confluence, an automated data management solutions provider, has welcomed Melvin Jayawardana as its European fund administration product manager...

State Street releases OPERA solution
04 May 2012 Boston
Reporter: Mark Dugdale

A new open protocol enabling risk aggregation (OPERA)-compliant reporting solution has been launched for hedge fund managers and institutional investors...

Wade McDonald joins HSBC from State Street
03 May 2012 London
Reporter: Georgina Lavers

Wade McDonald has left his position as senior vice president and head of client services at State Street to join HSBC Securities Services as head of sales and business development in Europe...

NAB asset servicing replaced by BNP Paribas as Australian custodian
19 April 2012 Canberra
Reporter: Georgina Lavers

BNP Paribas Securities Services Australia & New Zealand will act as the new custodian of AU$1.25 billion of assets held by the AvSuper superannuation fund...

State Street new custodian of WSIB
30 March 2012 Boston
Reporter: Georgina Lavers

State Street Corporation will provide a range of investment services to Washington State Investment Board (WSIB), including custody, daily investment and compliance reporting, securities lending, securities valuation and settlement...