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$STT said that it added 300Bil of new servicing commitments during 4Q15 across all sectors & geographies. Asset management experienced net outflows of $19Bil driven by net outflows of $19Bil from institutional passive mandates & $10Bil from cash mandates primarily from securities lending cash collateral offset by $11Bil of inflows through ETS.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.