Want to join the conversation?
$STT 2Q15 Q&A: Schorr from Evercore asked about enhanced custody portion of securities finance revenue. To which Mike stated the enhanced custody was a little less than a third of the securities finance revenue in 2Q15. So specifically, it was $48MM of revenue out of a $155MM in 2Q15.
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.