Navigate this market better. Subscribe for FREE stock alerts and information.

Tuesday, September 2, 2014

MOVES-State Street names Keogh head of alternative investment solutions in Asia, (NYSE: GS), (NYSE: STT)

State Street Corp, the world's second-largest standalone custody bank, said on Tuesday it appointed Bob Keogh as head of alternative investment solutions for the Asia Pacific region. Based in Hong Kong, Keogh will handle hedge fund, private equity and real-estate businesses in the region.Keogh was formerly based in Europe as a senior managing director for State Street's hedge fund services arm.He joined State Street in 2012 from Goldman Sachs Group Inc after its acquisition of Goldman Sachs Administration Services.

The Goldman Sachs Group, Inc. (Goldman Sachs), is a global investment banking, securities and investment management firm that provides a range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Shares of GS traded higher by 0.82% or $1.46/share to $179.11. In the past year, the shares have traded as low as $151.65 and as high as $181.13. On average, 2408640 shares of GS exchange hands on a given day and today's volume is recorded at 2567634.

State Street Corporation (State Street) is a financial holding company. Shares of STT traded higher by 0.5% or $0.36/share to $72.03. In the past year, the shares have traded as low as $62.67 and as high as $76.24. On average, 2004400 shares of STT exchange hands on a given day and today's volume is recorded at 1175824.



Source