Aetna Life Insurance hired State Street Corp. to provide custody for $19 billion in invested insurance assets. State Street has $5 trillion in total assets under custody. State Street will provide trade settlement, income collection and corporate action notification. Cash collateral reinvestment services for lendable assets will be handled by State Street’s investment management arm, State Street Global Advisors.
Aetna Life Insurance hired State Street Corp. to provide custody for...
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