Black History Month gives financial services an opportunity to reflect on its roles in advancing equality and its part in failing to address systemic oppression, both for workers and the communities they serve. Numerous firms this month have highlighted their ...

BlackRock Inc., the world’s largest issuer of exchange-traded funds, will move most of its U.S. ETF assets from State Street Corp. to reduce its reliance on the bank’s custody services.  BlackRock, with $2.2 trillion of U.S. ETF holdings at the ...

Green funds sold by some of the world’s biggest asset managers are failing to live up to the climate goals set out in the Paris Agreement, according to a review of the industry conducted by London-based nonprofit InfluenceMap. More than ...

State Street Corp. will leave its two New York City offices, making good on plans to transition its Manhattan-based staff to a hybrid work model. The company plans to close its two midtown Manhattan offices, it said Monday in a ...

While 87% of investors say they are aware of what expense ratios are and 83% say they know what a basis point is, less than one-third say they understand each “completely,” according to a survey conducted by State Street Global ...

The landscape of alternative investments is evolving, with increasing interest in digital assets and impact investing, alternative asset managers have to turn to technology in order to meet the growing needs of institutional investors, according to new research by State ...