(The item "State Street Swings To 2Q Loss On Charges, Results Miss Views," published at 8:10 a.m. EDT, misstated the earnings excluding items...
State Street Corp.'s (STT) Chief Executive Ron Logue said Tueday he expects his firm to have a "tangible common equity" ratio of 6.5% by the end...
Below is a synopsis of major second-quarter releases from Tuesday morning: Merck Earnings Down 12%, But Results Top Views Merck & Co.'s (MRK...
State Street Corp. (STT) swung to a second-quarter loss on charges related to consolidation of asset-backed securities as results missed...
The largest shareholder in troubled CIT Group Inc. (CIT) is a group of mutual funds run by Ameriprise Financial Inc. (AMP), which bought nearly...
The U.S. Treasury Department confirmed in a report Friday that 10 big banks are repaying $68 billion in federal government aid. The firms are...
US Bancorp (USB) sees its second-quarter per-share earnings hurt by 15 cents due to repayment of TARP funds and a special FDIC assessment. (The...
Company: American Express Co. (AXP) Amount Being Repaid: $3.39 billion Notes: The company sees a one-time 18c/share charge for the quarter in...
The Federal Reserve says the 10 banks required to bolster capital buffers have submitted plans that would provide sufficient capital. "The 10...
By Lynn Cowan Of DOW JONES NEWSWIRES The pace of public companies raising money slowed slightly over the past five days, with fewer banks tapping...
A freshly minted accounting rule will simplify the largest banks' balance sheets by early next year. Getting them through the clean-up process...
Write-downs and losses on over-leveraged bets may be over for the largest U.S. banks, Goldman Sachs said Thursday, upgrading its rating on large...
Write-downs and losses on overleveraged bets may be over for the largest U.S. banks, Goldman Sachs said Thursday, upgrading its rating on large...
Chalk up one small victory for Uncle Sam's bailout of large financial firms. Monday's news out of State Street Corp. (STT) offered at least a...
State Street Corp. (STT) on Monday announced plans to sell more than $1 billion in stock and notes as the money manager cut its 2009 forecast and...
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