Welcome to our dedicated page for State Str news (Ticker: STT), a resource for investors and traders seeking the latest updates and insights on State Str stock.
State Street Corporation (STT), a global provider of financial services to institutional investors, maintains this dedicated news hub for stakeholders seeking authoritative updates. Our curated collection combines official press releases with market-relevant analysis, offering comprehensive tracking of corporate developments.
This resource delivers immediate access to earnings announcements, strategic partnerships, and regulatory filings, alongside expert commentary on market implications. Users benefit from centralized monitoring of investment servicing innovations, asset management trends, and global financial operations updates.
The archive organizes content into key categories including quarterly financial disclosures, leadership changes, risk management initiatives, and technology implementations. Each entry maintains factual accuracy while providing context for institutional investors and financial professionals.
Bookmark this page for efficient tracking of State Street's evolving position in global financial markets. Regular updates ensure continuous access to material developments affecting one of the world's largest custody banks and asset managers.
State Street Corporation (NYSE: STT) has expanded its academic partnerships by adding two renowned professors from top Boston business schools to its State Street Associates (SSA). Antoinette Schoar from MIT will focus on blockchain and cryptocurrencies, while Robin Greenwood from Harvard Business School will research central bank policy and equity investing. This initiative aims to assist clients in navigating financial risks and opportunities in the evolving digital finance landscape as State Street Digital continues to grow.
State Street Global Advisors has launched the Opportunity Class shares within its money market fund suite, aimed at supporting philanthropic organizations aligned with its commitment to racial equity and social justice. This new share class responds to client demand for investments that support inclusion and diversity initiatives. At least 20% of the annual net management fee from these shares will be donated to relevant charities. Notable funds offering these shares include the State Street Institutional U.S. Government Money Market Fund and the State Street ESG Liquid Reserves Fund.
State Street Corporation (NYSE: STT) announced that its Chairman and CEO, Ron O’Hanley, along with CFO Eric Aboaf, will participate in the Goldman Sachs 2021 US Financial Services Conference on December 8, 2021, at 10:40 am ET. The webcast and related materials will be available on the Investor Relations page, with a recorded replay accessible later for two weeks. State Street is a leading provider of financial services to institutional investors, managing $3.9 trillion in assets as of September 30, 2021.
Charles River Development, part of State Street, has integrated MTS BondsPro, an SEC-registered Alternative Trading System, into its Order and Execution Management System (OEMS) and Inventory Hub. This integration allows users access to streaming liquidity on corporate bonds with over 180,000 prices across 20,000 securities. Traders can act as price makers in fixed income markets, enhancing liquidity access. MTS connects over 500 firms globally, facilitating average daily volumes exceeding €130 billion.
Charles River Development (CRD), a State Street Company, appointed Caroline O'Shaughnessy as Head of EMEA, overseeing all business operations in the region and collaborating with State Street Alpha℠. With over 25 years in high-revenue businesses, O'Shaughnessy joins from the London Stock Exchange Group, where she held senior roles. The leadership change aims to leverage her experience to drive growth and enhance customer partnerships, contributing to the ongoing expansion of CRD's services that manage over US$35 trillion in assets.
State Street Corporation (NYSE: STT) has appointed Brad Hu as its new chief risk officer, effective January 1, 2022. Hu will transition from his previous role at Citigroup, where he notably reduced the firm's risk profile during challenging times. His extensive experience spans over three decades in financial services, including significant roles at Morgan Stanley. Hu's leadership is expected to enhance State Street's risk management capabilities amidst the evolving global risk landscape.
State Street Corporation (NYSE:STT) announced that CFO Eric Aboaf will participate in the BancAnalysts Association of Boston Conference on November 4, 2021, at 2:40 PM ET. The event's webcast will be available on State Street's Investor Relations page, with a recorded replay accessible for two weeks post-event. State Street is a global leader in financial services for institutional investors, managing $3.9 trillion in assets as of September 30, 2021, and overseeing $43.3 trillion in assets under custody.
State Street Corporation (NYSE:STT) announced a cash dividend for its non-cumulative perpetual preferred stock series, payable on December 15, 2021. The dividends are as follows: Series D will receive $1,475.00 per share ($0.3687 per depositary share), Series F will get $938.56 per share ($9.3856 per depositary share), Series G is set to receive $1,337.50 per share ($0.3343 per depositary share), and Series H will obtain $2,812.50 per share ($28.1250 per depositary share). Record date for all series is November 30, 2021.
State Street Corporation (NYSE:STT) has announced the launch of its Peer-to-Peer Repo program, facilitating overnight and term repo trading between buy-side counterparties. The first transaction was executed between a large asset owner and a non-traditional investment manager. This initiative enhances liquidity access while providing a guaranty against counterparty default. The program aims to meet the high demand for secured investment opportunities highlighted by volatility in 2020, with over $1 trillion in the Federal Reserve's Reverse Repo Program. State Street manages $3.9 trillion in assets as of September 30, 2021.
State Street Corporation (NYSE: STT) reported its third-quarter 2021 financial results. As of September 30, 2021, the firm managed $3.9 trillion in assets and administered $43.3 trillion in assets. A conference call is scheduled for October 18, 2021 at 10:00 a.m. ET to discuss results and outlook. The call will be accessible publicly via the Investor Relations website. For more details, please visit State Street's Investor Relations.
