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Reuters

Reuters

Business

Business & Economics

State Street's quarterly profit jumps 39% on strong fee income, lower expenses

Reuters
Summary
Nutrition label

78% Informative

State Street's assets under custody and administration rose 6% to $46.7 trillion in the three months ended March 31 from a year earlier .

Analysts say State Street is most exposed to the declining markets among trust banks.

The turmoil in financial markets caused by the uncertainties around U.S. trade policy is expected to hit trust banks' fee income.

VR Score

90

Informative language

99

Neutral language

26

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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