State Street Corp (STT) remains well-poised for growth on the back of higher asset under management (AUM), higher interest rates, efforts to improve fee income and strategic acquisitions. However, a rising expense base and concentrated fee-based revenues remain concerns.State Street’s net interest revenue (NIR) and net interest margin (NIM) are anticipated to witness a modest expansion amid the high interest rates scenario. Though both metrics declined over the past couple of years due to low interest rates ...