Key Takeaways STT has outperformed peers with a 9.5% gain, driven by strategic deals and strong fundamentals. Acquisitions, fee income gains and rising NII continue to support State Street's growth outlook. Higher expenses and reliance on fee income remain key risks to STT's ongoing performance.State Street Corporation (STT) shares have gained 9.5% in the past three months, outperforming the industry’s mere 0.6% growth and the S&P 500 Index’s 5.2% rise. Moreover, STT’s price performance has been better th ...

Key Takeaways Jio BlackRock gains SEBI approval to operate as an investment adviser in India. The JV merges BLK's global expertise with Jio Financial's digital reach and local insights. Jio BlackRock previously secured approval to launch mutual fund operations in India.BlackRock Inc. (BLK) and India-based Jio Financial’s joint venture (JV), Jio BlackRock Investment Advisers, obtains approval from the Securities and Exchange Board of India (SEBI) to operate as an investment adviser in India.Earlier this ye ...