State Street Corporation (NYSE:STT) reported better-than-expected second-quarter results on Tuesday. The company posted quarterly revenues of $3.191 billion, an increase of 2.6% year over year and beating the consensus of $3.146 billion. EPS of $2.15 topped the consensus estimate of $2.03, according to data from Benzinga Pro. Net interest income increased 6% year-over-year to $735 million, primarily due to higher investment securities yields and loan growth, partially offset by a shift in deposit mix. Investment Management AUM increased 16% Y/Y to $4.4 trillion as of quarter-end, primarily due to higher quarter-end market levels. "Productivity improvement remains a fundamental component of our strategic agenda. In 2Q, we completed the consolidation of our final operations joint venture in India, which ...