State Street Corporation is a financial services and banking holding company that primarily serves institutional investors
The company offers a comprehensive range of services, including investment management, investment research and trading, and administrative services for mutual funds and other investment vehicles. With a strong focus on asset servicing and custody, State Street assists its clients in managing and optimizing their investment portfolios, while also providing tools and analytics to enhance their decision-making processes. The firm is known for its expertise in creating tailored solutions for a diverse clientele, including pension funds, endowments, foundations, and sovereign wealth funds, helping them meet their financial and investment goals.
State Street Corporation (“State Street”) (NYSESTT) announced today that it has issued $750 million of depositary shares, each representing a 1/100th ownership interest in a share of its 6.450% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series K (the “Series K Preferred Stock”), with a liquidation preference of $100,000 per share.
State Street Corporation (NYSESTT) announced today that its Chairman & Chief Executive Officer, Ron O’Hanley, will present at the UBS Financial Services Conference in Miami, FL on Tuesday, February 11, 2025 at approximately 10:30 am ET.
State Street Corporation (NYSESTT) today announced the appointment of Sarah Salih to executive vice president and head of North America for its Investment Services business. Salih is based in Boston and reports to Joerg Ambrosius, president of State Street Investment Services.
State Street Corporation (NYSESTT) reported its fourth-quarter and full-year 2024 financial results last Friday, January 17, 2025. The news release, presentation and additional financial information can be accessed on State Street’s Investor Relations website, http://investors.statestreet.com.
The world's largest asset manager BlackRock continued to grow the amount of cash investors entrust with it, breaking records. It is poised for more growth.
For 2025, the company forecasted a flat growth in NII, impacted by a continued decline in non-interest-bearing deposits. It also expects a 2% to 3% rise in annual expenses.
State Street Corporation (NYSESTT) reported its fourth-quarter and full-year 2024 financial results earlier today. The news release, presentation and additional financial information can be accessed on State Street’s Investor Relations website, http://investors.statestreet.com.
Risk appetite surged on Wall Street at the end of the week, with investors ramping up stock purchases ahead of Monday's market closure for Martin Luther King Day, which is also when Donald Trump will be sworn in as the 47th U.S. president.
State Street Corporation (NYSESTT) reported its fourth-quarter and full-year 2024 financial results today. The news release, presentation and additional financial information can be accessed on State Street’s Investor Relations website, http://investors.statestreet.com. A conference call to discuss the firm’s financial results, outlook and related matters will be held at 11:00 a.m. ET today, Friday, January 17, 2025. The call will be open to the public.
State Street Corporation (NYSESTT) today announced a quarterly cash dividend of $0.76 per share of common stock, payable on January 13, 2025 to common shareholders of record at the close of business on January 2, 2025.
State Street Corporation (NYSESTT) today announced that it has placed an additional round of deposits through three Minority Depository Institutions (MDIs) and Community Development Financial Institutions (CDFIs), Liberty Bank, Native American Bank and Sunrise Banks. These placements also mark the completion of the firm’s $100 million initiative that launched earlier in 2024 and designed to expand access to financial services through MDIs and CDFIs.
Morgan Stanley analyst Betsey Graseck said on Monday that the firm is Overweight on big banks following Donald Trump's win and the Republican sweep of the 2024 election.
