US custodian bank State Street said on Friday it would buy Charles River Development, a privately held investment management firm, for $2.6 billion in cash. The acquisition gives State Street a service platform through which clients would be able to get in and out of funds as well as access investment and portfolio data.
Similar Stories to State Street To Buy Investment Firm Charles River For $2.6 Billion on Bing News
Reuters, New York Post: Business
Fri, 07/20/2018 - 10:27am
BING NEWS:
- Vinayak Bhat joins State Street’s CRD as Head of APAC
Vinayak Bhat has been announced as the new senior vice president (SVP), head of Asia Pacific (APAC) at Charles River Development (CRD).
05/6/2024 - 12:09 am | View Link - ON THE MOVE: IEX Adds Bryan Harkins; Clear Street Further Builds Institutional Division
In addition, Harkins co-founded Wall Street Rides FAR (for autism research ... served as Managing Director and Lead Finance Officer for Citi’s Corporate and Investment Banking organization. TP ICAP ...
05/5/2024 - 1:00 pm | View Link - SVB to sell venture-capital arm to investment firm Pinegrove
SVB Capital will be acquired for a combination of cash and “other economic consideration,” the companies said, without giving details on the deal’s value.
05/3/2024 - 6:35 am | View Link - More
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