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-0.000482962167963528 -0.000375637241749512 -0.000482962167963528 -0.00080493694660588 -0.000482962167963528 -0.00171719881942593 -0.000697612020391864 -0.00273678561845999
Stock impact report

BlackRock, Vanguard Stakes in Banks Draw Labor Union Critics [Yahoo! Finance Canada]

State Street Corporation (STT) 
Last state street corporation earnings: 4/17 07:38 am Check Earnings Report
US:NYSE Investor Relations: investors.statestreet.com
Most Read from Bloomberg The groups made their case in a letter sent to the Federal Deposit Insurance Corp. late Tuesday that warned of the investment firms' growing influence over corporate decisions, including at banks. They also called on officials to address potential threats to financial stability posed by massive asset managers. “Regulators need to catch up to the reality that the growth and concentration of the asset management industry has fundamentally reshaped how public companies — including listed banks — make decisions,” said Natalia Renta, a senior policy counsel at the Americans for Financial Reform Education Fund. Her group signed the comment letter along with dozens of organizations, including the American Federation of Teachers and the AFL-CIO. The coalition was responding to a request for comments from the FDIC, which has proposed more controls and oversight of the big money managers due to concerns that concentrated ownership could give them undue influence Show less Read more
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