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State Street To Buy Mizuho's $580B Custody Business

By Al Barbarino ( February 28, 2025, 12:56 PM EST) -- State Street Corp. said Friday it has agreed to purchase Mizuho Financial Group Inc.'s global custody and related businesses outside of Japan, which it said support the overseas investments of Mizuho's Japanese clients and hold $580 billion in assets under custody and $24 billion in assets under administration....

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