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State Street Corporation - STT STOCK NEWS

Welcome to our dedicated page for State Street Corporation news (Ticker: STT), a resource for investors and traders seeking the latest updates and insights on State Street Corporation stock.

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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State Street Corporation (NYSE: STT) announced its plan to streamline its operating model in India, assuming full ownership of its joint venture with the Atos Group. The consolidation, expected to be complete by Q4 2023, aims to continue the company's global operations transformation, leading to productivity savings starting in 2024. State Street emphasizes the integration of State Street Syntel operations to enhance productivity and accelerate its transformation journey.
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State Street Corporation has been appointed by abrdn to service its first actively managed ETF in Europe. State Street will provide custody, fund accounting, order-taking, transfer agency services, and ETF servicing for abrdn. This partnership aims to support abrdn's expansion into the European ETF market and provide investors with access to its investment capabilities.
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State Street Corporation announces a 10% increase in quarterly cash dividend
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Rathbone Funds (Rathbone Unit Trust Management Ltd) is now live on the cloud-based Charles River Investment Management Solution (Charles River IMS) and the State Street Alpha Data Platform (ADP), empowering their business with faster insights, increased operational efficiency, and greater collaboration across investment teams. This enterprise-wide solution provides a single view of portfolios, risk, performance, and ESG analytics, positioning Rathbones for scalable growth.
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State Street Corporation (STT) reports Q2 2023 financial results, with a conference call scheduled for July 14, 2023. Access the news release and additional financial information on State Street’s Investor Relations website. The call will discuss the firm’s financial results, outlook, and related matters, accessible via webcast and telephone.
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State Street Corporation (NYSE:STT) has been appointed to provide custody and fund order services for Confuturo, a Chile-based insurance company. This partnership aims to help Confuturo meet their investment objectives and focus on their core management responsibilities. State Street, a leading global custodian, offers a comprehensive suite of custody services, strengthening its growth in Latin America.
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State Street Corporation has entered into an arrangement with GeoQuant to make available geopolitical and country risk indicators in its macro strategy research. This collaboration will enhance State Street's market-leading research franchise and provide clients with data-driven indicators and investment ideas. GeoQuant's indicators measure and predict political risk daily using a fusion of political and computer science.
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State Street Corporation appoints Jessica Donohue as head of Global Investment Insights, Sustainability, and Impact. Donohue will oversee sustainability efforts and deliver insights to clients. She will also lead and coordinate investment insights and solutions to deepen relationships with Chief Investment Officers at client organizations.
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FAQ

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

The current stock price of State Street Corporation (STT) is $98.17 as of December 23, 2024.

What is the market cap of State Street Corporation (STT)?

The market cap of State Street Corporation (STT) is approximately 28.4B.

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 Street Corporation

NYSE:STT

STT Rankings

STT Stock Data

28.44B
291.73M
0.41%
90.8%
1.09%
Asset Management
State Commercial Banks
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United States of America
BOSTON