state street buying bbh investor services

(Photo: Mike Zenari/Archives Maison Moderne) State Street Corporation will pay $3.5 billion to buy the investor services … The … State Street has entered into a definitive agreement to buy investor services business of Brown Brothers Harriman & Co. (BBH) in a cash deal valued at $3.5bn. State Street to Buy Brown Brothers Harriman’s Investor Services … As of June 30, 2021 State Street has acquired the investor services arm of Brown Brothers Harriman (BBH) for $3.5bn in a move that will make it the world’s number one provider of asset servicing.. … State Street acquires BBH Investor Services for $3.5bn - Citywire The deal - which includes BBH's custody, fund … State Street to buy BBH Investor Services state street buying bbh investor services The transaction will cost … Sep 07, 2021 By Funds Europe A major asset-servicing acquisition takes place in the funds world as State Street announced it will buy the investor services division of Brown … has anyone been to the bottom of lake tahoe. State Street Corporation is to buy Brown Brothers Harriman’s (BBH) investor services business for $3.5bn (£2.54bn) in cash. The deal - which includes BBH's custody, fund administration, global markets and technology services businesses - is expected to complete by the end of this year subject to regulatory approvals. As of June 30, 2021, BBH Investor Services had $5.4 trillion in Assets Under Custody … "State Street is the ideal partner - a firm that shares our core values of unmatched client service, integrity, trust, and a long-term commitment to sustainability." Upon the closing of the transaction, BBHIS employees will move to State Street. As June 30, 2021, BBH had Assets Under Custody (AUC) of $5.4 trillion, which is getting added to $31.9 trillion AUC of State Street, upon completion of the deal, expected by … BOSTON--(BUSINESS WIRE)-- The offering is expected to close on September 14, 2021, subject to customary closing conditions. State Street to acquire Brown Brothers Harriman Investor Services

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