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State Str Corp - STT STOCK NEWS

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State Street Corporation (STT) is a globally recognized leader in the financial services industry. Specializing in investment management, investment research and trading, and investment servicing, State Street partners with institutional investors worldwide. These services cater to asset managers, asset owners, alternative asset managers, insurance companies, pension funds, and official institutions.

With approximately $42 trillion in assets under custody and administration and $4.1 trillion in assets under management as of December 31, 2023, State Street demonstrates its significant presence and influence in the financial sector. The company operates in more than 100 geographic markets and employs over 46,000 professionals globally, providing a robust network of support and expertise.

State Street is committed to helping clients overcome challenges and achieve better performance both now and in the future. The company consistently delivers innovative solutions and maintains a forward-looking approach to meet the evolving needs of its clients.

Recent achievements include strategic partnerships and technological advancements aimed at enhancing client services. State Street's current projects focus on expanding its capabilities in data analytics, artificial intelligence, and digital asset management, ensuring it remains at the forefront of the industry.

In addition to its core services, State Street is dedicated to sustainability and responsible investing, integrating environmental, social, and governance (ESG) criteria into its investment processes. This commitment not only benefits clients but also contributes to the broader goal of sustainable development.

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Charles River Development (CRD), a State Street Company, collaborates with S&P Global Market Intelligence to automate and streamline primary issuance workflows in the Charles River® Investment Management Solution (Charles River IMS). The integration of S&P Global Market Intelligence’s digital primary market platform, InvestorAccess, with Charles River IMS will provide a seamless workflow for firms to manage orders, access deal information, register interest, and indicate order allocations. This collaboration aims to increase efficiency, reduce risk, and enhance access to liquidity for clients of both companies.
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State Street Global Advisors (STT) appoints Anna Paglia as executive vice president and chief business officer. Paglia brings extensive ETF industry leadership and experience from Invesco, where she managed over 350 ETFs totaling more than $460 billion. She will be responsible for developing a longer-term growth strategy for global ETFs, index, cash, and defined contribution at State Street Global Advisors.
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State Street Corporation (STT) issued $1 billion of senior debt and $0.5 billion of senior subordinated debt, closing today. The offering reflects State Street’s inclusion, diversity, and equity efforts, with diverse-owned broker-dealers underwriting 40% of the securities. This marks the company's tenth consecutive engagement with diverse underwriters, showcasing its commitment to increasing representation in the industry and communities.
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State Street Corporation (STT) to participate in Goldman Sachs U.S. Financial Services Conference on December 6, 2023
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State Street Corporation (STT) Announces Cash Dividend on Various Series of Non-Cumulative Perpetual Preferred Stock
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State Street Corporation announced that Louis D. Maiuri, president, COO, and head of Investment Services, will retire by early 2024. Ron O'Hanley, CEO, will assume the role of president and take responsibility for Investment Services. Mostapha Tahiri will become the COO. Tahiri has transformed the franchise in the Asia-Pacific region for sustainable growth. Investment Services client-facing activities will be consolidated under Joerg Ambrosius. These changes aim to position State Street's Investment Services business for long-term success.
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State Street Corporation announces automated workflow solution and integration with DTCC for faster settlement cycles in the US equity market.
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State Street Corporation reports its third-quarter 2023 financial results
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State Street Corporation CFO to participate in BancAnalysts Association of Boston Conference
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State Street Corporation opens new global headquarters at One Congress Street in Boston, showcasing commitment to the city and providing a state-of-the-art working environment for employees.
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FAQ

What is the current stock price of State Str (STT)?

The current stock price of State Str (STT) is $98.7 as of February 21, 2025.

What is the market cap of State Str (STT)?

The market cap of State Str (STT) is approximately 28.7B.

What services does State Street Corporation provide?

State Street Corporation offers investment management, investment research and trading, and investment servicing to institutional investors.

How much in assets does State Street have under management?

As of December 31, 2023, State Street has approximately $4.1 trillion in assets under management.

What is the global reach of State Street Corporation?

State Street operates in more than 100 geographic markets and employs over 46,000 professionals worldwide.

Who are the main clients of State Street Corporation?

State Street serves asset managers, asset owners, alternative asset managers, insurance companies, pension funds, and official institutions.

What recent projects is State Street involved in?

State Street is focusing on expanding capabilities in data analytics, artificial intelligence, and digital asset management.

How does State Street Corporation approach sustainability?

State Street integrates environmental, social, and governance (ESG) criteria into its investment processes for responsible and sustainable investing.

What are State Street's latest achievements?

Recent achievements include strategic partnerships and technological advancements to enhance client services.

How many assets are under custody and administration by State Street?

State Street has approximately $42 trillion in assets under custody and administration.

What makes State Street a leading financial services provider?

State Street's comprehensive services, global reach, significant assets under management, and commitment to innovation and sustainability make it a leading provider.

What is the employee strength of State Street Corporation?

State Street employs over 46,000 professionals globally.
State Str Corp

NYSE:STT

STT Rankings

STT Stock Data

28.74B
286.39M
0.41%
91.21%
1.3%
Asset Management
State Commercial Banks
Link
United States
BOSTON