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) announced a quarterly cash dividend for its non-cumulative perpetual preferred stock series, payable on March 15, 2021. Series D will pay $1,475.00 per share (approximately $0.3687 per depositary share), Series F will pay $953.38 per share (approximately $9.5338 per depositary share), and Series G will pay $1,337.50 per share (approximately $0.3343 per depositary share). Record date for all series is March 1, 2021. This reflects State Street's commitment to providing returns to its shareholders.
State Street Corporation (NYSE: STT) has launched full foreign exchange (FX) trading capabilities through its Brazilian bank, expanding its footprint in Latin America. This strategic move follows the acquisition of Natixis Brasil S.A. in 2019 and represents a significant step in enhancing services for local and global clients. With 13 FX sales and trading desks globally, State Street now offers unparalleled access and insights into local markets. Additionally, Marcia Rothschild has been appointed to lead Latin American operations, focusing on client engagement. State Street has also received top rankings in FX services from Euromoney Magazine.
State Street Corporation (NYSE: STT) will announce its fourth-quarter and full-year 2020 financial results on January 19, 2021, at approximately 7:30 a.m. EST. The financial results will be discussed in a conference call at 10:00 a.m. EST, accessible via State Street's Investor Relations website or by telephone. State Street manages $3.1 trillion in assets and has $36.6 trillion in assets under custody as of September 30, 2020, employing around 39,000 people worldwide.
State Street Corporation (NYSE: STT) announced strong results from the 2020 Federal Reserve stress test, affirming its capital stability amidst the pandemic. The Federal Reserve has authorized State Street to resume capital actions, including share buybacks and dividend payments. The company aims to return excess capital to shareholders, reflecting confidence in its financial position and operational effectiveness. With $36.6 trillion in assets under custody and $3.1 trillion under management, State Street continues to support financial markets and its clients.
State Street Corporation (NYSE:STT) has declared a quarterly cash dividend of $0.52 per share of common stock. The dividend is scheduled for payment on January 19, 2021, to shareholders on record as of the close of business on January 4, 2021. As of September 30, 2020, State Street managed $3.1 trillion in assets and had $36.6 trillion in assets under custody and/or administration, solidifying its position as a leading provider of financial services to institutional investors globally.
State Street Corporation (NYSE: STT) has launched the State Street AlphaSM Data Platform, designed to provide institutional investment and wealth managers with an end-to-end data management solution. This platform allows clients to access investment data from both internal and third-party services in near real-time, enhancing data quality and reducing costs. Collaborating with Snowflake and Microsoft Azure, the platform aims to deliver timely insights while simplifying user experience, ultimately accelerating decision-making in investment processes.
State Street Corporation (NYSE: STT) has extended its investment servicing relationship with Glenmede Investment Management L.P. and the Glenmede Funds. This renewal includes global custody, accounting, fund administration, and transfer agency solutions. Glenmede will also utilize State Street’s outsourced non-US equity trading and middle office services. According to Ellyn Charters of State Street, this move supports client growth and operational efficiency. Glenmede’s President, Kent Weaver, noted that the extension enhances their service capability and aligns with their growth objectives.
State Street Corporation (NYSE: STT) has appointed Staffan Ahlner as the global head of Collateral+ within its Funding and Collateral Solutions group, aiming to enhance its collateral management capabilities. Ahlner, formerly of BNY Mellon, brings valuable experience to the role. Additionally, Yalini Isweran has joined to focus on product innovation and business development. Recent survey findings revealed that 81% of asset managers are unprepared for upcoming Uncleared Margin Rules.
State Street Corporation (NYSE: STT) has announced an extension of its service agreement with Neuberger Berman to continue providing accounting services for Neuberger's $40 billion mutual funds business. This renewal underscores the strong partnership built over nearly four decades. John Lehner, head of State Street's asset manager segment, expressed pride in supporting Neuberger Berman, a private investment management firm that serves institutional investors and high-net-worth individuals globally.
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.
