State Street Corp - Company Profile
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State Street Corp (State Street) is a provider of a range of financial services primarily investment related services through its subsidiaries. Increase in net interest margin, sound capital base, and adequate liquidity are a few of its major strengths; even as its geographic concentration could be an area for concern. Growing wealth management prospects in the US, strategic initiatives, and recent launches could offer significant growth opportunities. Crowded robo advisor field, risks related to online identity theft and hacking, and litigation risks could affect the company’s performance.
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