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.
State Street Corporation (NYSE: STT) announced participation by Chairman & CEO Ron O’Hanley and CFO Eric Aboaf in the Goldman Sachs 2020 US Financial Services Conference on December 9, 2020, at 11:20 am EST. The event will be virtual, and interested parties can access the webcast and presentation materials on State Street's Investor Relations website. A recorded replay will be available for two weeks following the event. State Street manages $3.1 trillion in assets and oversees $36.6 trillion in custodial assets globally.
State Street Corporation (NYSE: STT) has launched two new quantitative investment insights tools: MediaStats Central Bank Indicators and MediaStats Thematic Indicators. These tools aggregate unstructured data from numerous media sources to analyze market behavior related to interest rates and foreign exchange. The indicators aim to measure the impact of central bank monetary tones on asset pricing, providing investors with insights on global currencies, yields, and macroeconomic trends.
Charles River Development, a State Street Company, has partnered with National Australia Bank (NAB) Asset Servicing to implement the Charles River Investment Management Solution (IMS). This collaboration aims to enhance compliance monitoring and reporting for institutional clients, thereby improving transparency and regulatory adherence. The SaaS-based solution offers scalability and regular updates to support business growth. NAB's strategy emphasizes digital innovation, and Charles River continues to invest in technology to deliver advanced capabilities to clients.
State Street Corporation (NYSE: STT) has announced that CFO Eric Aboaf and COO Lou Maiuri will participate in Citi’s 2020 Financial Technology Conference on November 18, 2020, at 12:45 pm EST. The event will be webcast, with presentation materials available on State Street's Investor Relations homepage. A recorded replay will be accessible for approximately two weeks post-event. State Street is a leading financial services provider with $36.6 trillion in assets under custody and $3.1 trillion in assets under management as of September 30, 2020.
State Street Corporation (NYSE: STT) announced that its Chief Financial Officer, Eric Aboaf, will speak at the BancAnalysts Association of Boston Conference on November 5, 2020, at 3:30 PM EST. The event will be available via webcast on State Street’s Investor Relations page, with a recorded replay accessible for approximately two weeks after. As of September 30, 2020, State Street manages $3.1 trillion in assets and has $36.6 trillion in assets under custody, highlighting its role as a leading provider of financial services globally.
State Street Corporation (NYSE: STT) announced its financial results for the third quarter of 2020, reporting $36.6 trillion in assets under custody and/or administration and $3.1 trillion in assets under management. The firm offers a range of financial services to institutional investors globally.
A conference call discussing the results and future outlook is scheduled for October 16, 2020, at 10:00 a.m. EDT. Investors can access further details on State Street's Investor Relations website.
State Street Corporation (NYSE: STT) announced a quarterly cash dividend for several series of non-cumulative perpetual preferred stock, payable on December 15, 2020. The dividends are as follows: Series D will receive $1,475.00 per share (approx. $0.3687 per depositary share), Series F will receive $972.53 per share (approx. $9.7253 per depositary share), Series G will receive $1,337.50 per share (approx. $0.3343 per depositary share), and Series H will receive $2,812.50 per share (approx. $28.1250 per depositary share). Record date is November 30, 2020.
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