Regulation
Ex-State Street Exec Loses Fraud Appeal
Ross McLellan was convicted in 2018 of plugging hidden commissions into trades.
Tag: State Street
Research
Brainiacs Adapt Human Skull Analysis to Predict Recessions
MIT and State Street researchers’ new index forecasts over 70% chance of recession in six months.
Look Out, Here Come the Grey Swans
Big changes that are foreseen, but nonetheless could upend the world as we know it, as State Street sees things.
Risk
Scary Similarity: The Roaring Twenties and Today
Then resembles now a lot, says State Street’s Arone. And we know how the 1920s ended.
Market Moves
So the Federal Reserve Doesn’t Care About the Stock Market? Baloney
Fed Chairman Powell’s words belie the official mandate, State Street’s Arone finds.
People Moves Roundup
State Street Names Portfolio Solutions Team, Schroders Strengthens North American Distribution Team, and More.
People Moves Roundup
State Street names EMEA head, Ascensus president to become CEO, and more.
Despite $89 Million Fine, State Street Nets Cool $81 Million from Alleged Overcharges
SEC’s disgorgement abilities increasingly hampered by 2017 Supreme Court Ruling.
People Moves Roundup
MSCI strengthens Australia, New Zealand reach, Chicago Trading Co. gets a new CEO, and more.
People Moves Roundup
Hamilton Lane boosts its North American footprint, State Street’s international business grows, and more.
People Moves Roundup
Cambridge Associates promotes two longtime leaders, State Street gets a new COO, and more.
State Street Calls on Boards to Invest in Corporate Culture
Asset manager says culture issue is essential to long-term value creation.
People Moves Roundup
Barclays gets a new Canadian of Financial Institutions Head, Nuveen tops off its advisory services team, and more.
Newsmakers
Former State Street Head Sentenced to 18 Months for Fraud
Ross McLellan and others were adding secret commissions to fixed-income, equity trades with institutional clients between 2010 and 2011.
Corporate Moves
Andrew Allright Named CEO of State Street’s Hedge Arm
Allright replaces InfraHedge’s co-founder Bruce Keith, who left in January.