tiprankstipranks
Advertisement
Advertisement

State Street now sees FY fee revenue growth 7%-9%, up from 4%-6% view

Says continues to assume global equity markets are flat this year. Sees NII growth in the 8%-10% range, up from previous outlook for low single digits y/y. Sees expenses up 5%-6%, up from prior view of 3%-4%. Still sees effective tax rate of approximately 22%.

Meet Samuel – Your Personal Investing Prophet

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1