In the Margins
State Street Corp. overbilled some clients over an 18-year period by roughly $200 million. The Boston firm said it would fully compensate affected clients, including interest, once its investigation is completed; it also said it would make any required improvements to its billing practices. Read the original story from The Wall Street Journal.
Most Read
Independent mutual fund directors, on average, earned more in 2020, a year in which they were grounded by a global pandemic and forced to adapt to ...
Independent mutual fund directors who were looking forward to seeing their peers in person this fall after 18 or more months apart are likely going to ...
For the first time in more than two decades, there are no cases pending before the courts that accuse the fund industry of wrongfully charging excessive ...
Environmental, social, and governance investing has been a huge topic of discussion in the mutual fund industry over the past several years, including in fund boardrooms. ...