State Street and UBS mull asset management merger - reports
US firm also considered deal with Invesco
State Street is exploring options for its asset management business
State Street and UBS Group are in talks about the possible merger of their asset-management businesses, according to reports.
State Street has hired Goldman Sachs to review the options for its investing business, State Street Global Advisors, as the Boston-based firm believes it needs to boost the size of its asset management...
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