Highlights
- State Street achieved strong new business results as evidenced by new asset servicing commitments of approximately $300 billion this quarter and total of $800 billion in 2015
- State Street expect its multi-year transformation program and targeted staff reductions, announced in Q3, to generate approximately $550 in annualized savings when fully implemented
- Fourth-quarter 2015 operating-basis EPS was $1.21, on revenue of $2.6 billion
- Full-year 2015 operating-basis EPS was $4.89, on revenue of $10.6 billion
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