Today's UK Brexit vote is not good for banks including State Street. Bond yields are dropping to all time lows which is bad for bank (State Street) revenue. Watch out State Street worker--more job cuts appear inevitable.
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Hooley is thrilled he will use Britain leaving as an excuse to Cut Cut and Outsource more jobs.
Image the money SST could save by getting rid of the hundreds of useless Avp and Svp who have
nothing to do.
Glad I don't work in the London office...
So what ya doing now Hooley? Markets in turmoil. State Street stock down big time! Staff levels already cut to the bone? Maybe you can do some of the real work yourself? What about that Hooley?