State Street's Profit Surges 39%
This is a U.S. news story, published by Yahoo Finance.
U.S. news
For more U.S. news, you can click here:
more U.S. newsbanking & finance news
For more banking & finance news, you can click here:
more banking & finance newsYahoo Finance news
For more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like banking & finance news, you might also like this article about
financial markets. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest State Street news, markets news, banking & finance news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
trust banksReuters
•Business
Business & Economics
State Street's quarterly profit jumps 39% on strong fee income, lower expenses

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
Affiliate links
no affiliate links