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| Transaction Expected to be Accretive to State Street's 2010 Earnings Per Share
Accelerates State Street's Leadership Position in Growing Pension Market in Europe Acquisition Includes Long-Term Servicing Agreement with Intesa Sanpaolo |
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| Honored for Successful Company-wide IT Infrastructure Innovation Initiative |
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| Acquisition Expected to Make State Street Largest Alternative Asset Servicing Provider Globally With $600 Billion in Assets Under Administration |
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Updates Q3 2009 Reported Results to Reflect Increased Reserve;
Operating Outlook for 2009 Remains Unchanged |
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| Effective March 1, 2010, Ronald E. Logue to Retire; 23-Year State Street Veteran Jay Hooley
To be Named CEO |
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Total Revenue Increases 5% Compared to Second Quarter with Servicing Fees Up 5% and Management Fees up 13%
Continued Expense Control Drives Q3 2009 Positive Operating Leverage Relative to Q3 2008 |
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