state street buying bbh investor services

State Street To Acquire Brown Brothers Harriman Investor Services Upon closing of the transaction, BBH Investor Services employees will move to State Street. The senior management team will transition to State Street in executive leadership roles, and Seán Páircéir, currently partner and Global Head of Investor Services at BBH, will join State Street’s Management Committee. As June 30, 2021, BBH had Assets Under Custody (AUC) of $5.4 trillion, which is getting added to $31.9 trillion AUC of State Street, upon completion of the deal, expected by … State Street Corp will buy investment bank Brown Brothers Harriman & Co's (BBH) investor services business for $3.5 billion in cash, the companies said in a statement on Tuesday. State Street to buy Brown Brothers unit for $3.5 bln to expand ... State Street Corp. is acquiring the custody, accounting, fund administration, global markets, and technology services of private bank Brown Brothers Harriman & Co. — known as … State Street to buy Brown Brothers Harriman's unit for $3.5 bln State Street Corp. agreed to buy Brown Brothers Harriman & Co. ’s investor-services business for $3.5 billion in cash, adding an operation that safeguards about $5.4 trillion in assets. State Street acquires BBH Investor Services for $3.5bn ByNicole Piper07 Sep, 2021 State Street is to acquire Brown Brothers Harriman’s (BBH) investor services group for … On September 7, 2021, State Street Corp. acquired business services company BBH Investor Services for 3.5B USD Acquisition Highlights This is State Street’s 3rd transaction in …