State Street Stays Mum on Credit Suisse Bid Report

The transcript discusses a potential deal involving State Street and Credit Suisse, originating from a blog report in Switzerland. Analysts are skeptical about the feasibility of the deal, especially considering State Street's role as a custody bank and Credit Suisse as an investment bank. The discussion shifts to the possibility of acquiring only the asset management business, which both companies have. Analysts have noted State Street's past interest in asset management options, including talks with Invesco. The transcript concludes with analysts trying to understand the implications of the merger idea.

What was the general sentiment among analysts regarding State Street's potential acquisition of an investment bank?

What was the response from analysts regarding the merger idea discussed in the text?