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State Street Plans to cut 630 Jobs

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State Street (STT) logged a stronger-than-expected 23% jump in fourth-quarter profits on Friday thanks to higher fees, but the custody bank also disclosed plans to slash more than 600 jobs around the world.

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State Street Grows 4Q Net 23%, Reveals Plans to Axe 630 Jobs - Fox Business

via State Street Grows 4Q Net 23%, Reveals Plans to Axe 630 Jobs | Fox Business.

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