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 launched its Collateral+ business, now operational with DTCC’s Margin Transit Utility (MTU). This new capability simplifies collateral transfer, enhances operational efficiency, and reduces risk by automating margin processes. Clients can now validate, enrich, and monitor collateral more effectively. With market volatility and final phases of uncleared margin rules, automation is increasingly crucial. State Street manages
State Street Corporation (NYSE:STT) announced participation of COO Lou Maiuri and CFO Eric Aboaf in the Barclays Global Financial Services Conference on September 13, 2021, at 10:30 am ET. The event will be virtual, and a webcast will be available on State Street’s Investor Relations page. A recorded replay will also be accessible post-event for two weeks. As of June 30, 2021, State Street manages $3.9 trillion in assets and holds $42.6 trillion in assets under custody worldwide.
State Street Corporation (NYSE: STT) announced its partnership with Lukka to enhance digital and cryptocurrency asset fund administration for private funds clients. This collaboration will enable State Street to utilize Lukka's software for data management, processing, and reporting related to digital assets. The move follows the launch of State Street Digital, aimed at evolving towards digital finance. With $42.6 trillion in assets under custody, State Street is positioning itself to meet growing demands in the crypto space, helping clients diversify their portfolios.
State Street Corporation (NYSE: STT) has submitted its 2021 resolution plan to the Federal Reserve and the FDIC. This plan, known as a “living will,” outlines measures to improve the company's resolvability, adhering to regulatory standards. As of June 30, 2021, State Street managed $3.9 trillion in assets and held $42.6 trillion in assets under custody. The public section of the resolution plan is accessible in the Investor Relations area of State Street's website.
State Street Corporation (NYSE:STT) has announced an acquisition of Mercatus, Inc., enhancing its front and middle office solutions for private market managers. The deal emphasizes the launch of the State Street AlphaSM for Private Markets solution, which aims to streamline investment management across diverse asset classes. The transaction, pending customary conditions, is set for completion in September. This move is part of State Street's strategy to address inefficiencies in private market processes and to support institutional investors' complex needs.
State Street Global Advisors released a survey indicating a growing interest among institutional investors in indexed fixed income strategies, particularly in ESG themes. Key findings highlight that 76% of participants allocate under 30% of their fixed income portfolio to index strategies. Moreover, 71% plan to increase ETF use in core fixed income portfolios. The survey emphasizes the importance of ESG integration and reveals that 61% prioritize ESG factors in their fixed income strategies.
State Street Corporation (NYSE: STT) announced its second-quarter 2021 financial results, offering insights into its performance. The company reported $42.6 trillion in assets under custody and/or administration and $3.9 trillion in assets under management as of June 30, 2021. A conference call discussing the results and outlook is scheduled for July 16, 2021, at 10:00 a.m. ET, available to the public via their Investor Relations website.
State Street Corporation (NYSE: STT) declared quarterly cash dividends for its non-cumulative perpetual preferred stock, effective September 15, 2021. The Series D dividend is $1,475.00 per share ($0.3687 per depositary share), Series F is $949.61 per share ($9.4961 per depositary share), and Series G is $1,337.50 per share ($0.3343 per depositary share). All dividends are payable to holders of record by August 31, 2021. With $40.3 trillion in assets under custody and $3.6 trillion under management, State Street is a leading financial services provider.
