STT

State Street Announces Next Round of Deposits to Minority Depository Institutions and Community Development Financial Institutions

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화요일, 6월 11, 2024
Professional Services, Communications, Finance, Asset Management, Banking, Public Relations, Investor Relations, State Street Corporation, Address, Racism, Community development, Carver State Bank, Inequality, Certification, Workplace, State Street, STT, State, MDI, MLT, Partnership, Security (finance)

State Street Corporation (NYSE: STT) today announced that it has made deposits with three mission-driven minority depository institutions (MDIs) including Carver State Bank, Citizens Trust Bank and Ponce Bank.

Key Points: 
  • State Street Corporation (NYSE: STT) today announced that it has made deposits with three mission-driven minority depository institutions (MDIs) including Carver State Bank, Citizens Trust Bank and Ponce Bank.
  • The deposits are part of the firm’s $100 million program to provide low-cost, stable deposit funding to minority depository institutions (MDIs)1 and Community Development Financial Institutions (CDFIs)2 that launched earlier this year.
  • We are proud to be part of this partnership and thank State Street Bank for their commitment to our mission."
  • Click here to learn more about the ways in which State Street has continued to advance this mission.

State Street Corporation (NYSE: STT) Announces Date for Release of Second-Quarter 2024 Financial Results and Conference Call Webcast

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금요일, 5월 31, 2024
Professional Services, Communications, Other Professional Services, Finance, Asset Management, Banking, Public Relations, Investor Relations, Conference, Telephone, State, STT, State Street Corporation

State Street Corporation (NYSE: STT) plans to announce its second-quarter 2024 financial results on Tuesday, July 16, 2024 at approximately 7:30 a.m.

Key Points: 
  • State Street Corporation (NYSE: STT) plans to announce its second-quarter 2024 financial results on Tuesday, July 16, 2024 at approximately 7:30 a.m.
  • A conference call to review the firm’s financial results will be held at 11:00 a.m.
  • The conference call will be accessible via audio webcast on State Street’s Investor Relations website, http://investors.statestreet.com , and by telephone at (+1) 800 717 1738 (Conference ID: 92099).
  • Materials will be available on the website prior to the call.

Outsourced Trading Improved 83% of Asset Managers’ and Asset Owners’ Investment Performance, According to State Street’s Global Outsourced Trading Market and Outlook Survey

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수요일, 5월 29, 2024
Asset Management, Professional Services, Finance, STT, Head, Outsourced, State, International adoption, Acquisition, AUM, State Street, State Street Corporation

The report explores the perceptions and the benefits of outsourced trading, including the experience with outsourced trading providers and future plans.

Key Points: 
  • The report explores the perceptions and the benefits of outsourced trading, including the experience with outsourced trading providers and future plans.
  • The survey reveals compelling benefits for those outsourcing some aspect of their trading and its potential to enhance investment performance.
  • Through the acquisition of CF Global Trading in February , State Street was able to add significant scale and expertise to the firm’s existing outsourced trading solutions.
  • Please click here to view the complete survey, and here to learn more about State Street's Outsourced Trading capabilities.

State Street to Speak at the Morgan Stanley US Financials Conference

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화요일, 5월 28, 2024
Professional Services, Communications, Finance, Asset Management, Banking, Public Relations, Investor Relations, Conference, State, Webcast, STT, State Street Corporation, Morgan Stanley

State Street Corporation (NYSE: STT) announced today that its Vice Chairman and Chief Financial Officer, Eric Aboaf, will present at the Morgan Stanley US Financials Conference in New York, NY on Monday, June 10, 2024.

Key Points: 
  • State Street Corporation (NYSE: STT) announced today that its Vice Chairman and Chief Financial Officer, Eric Aboaf, will present at the Morgan Stanley US Financials Conference in New York, NY on Monday, June 10, 2024.
  • The presentation is expected to begin at approximately 1:00 pm ET.
  • An audio webcast of the event will be accessible on State Street’s Investor Relations website, https://investors.statestreet.com .
  • A replay of the webcast will be available on the Investor Relations website shortly after the event, for approximately ninety days following the presentation.

State Street Corporation Declares Dividends on its Common Stock and Non-Cumulative Perpetual Preferred Stock Series “G,” “H,” and “I”

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수요일, 5월 15, 2024
Asset Management, Professional Services, Finance, STT, State Street Corporation, Security (finance)

Additionally, State Street Corporation announced a cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock:

Key Points: 
  • Additionally, State Street Corporation announced a cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock:
    Series G (represented by depositary shares, each representing a 1/4000th interest in a share of Series G preferred stock).
  • The cash dividend is in the amount of $1,337.50 per share of Series G preferred stock (resulting in a distribution of approximately $0.334375 per depositary share) and is payable on June 18, 2024 to the holders of record of the Series G preferred stock at the close of business on June 3, 2024.
  • Series H (represented by depositary shares, each representing a 1/100th interest in a share of Series H preferred stock).
  • Series I (represented by depositary shares, each representing a 1/100th interest in a share of Series I preferred stock).

State Street Names Elizabeth Lynn to Global Head of Investor Relations

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목요일, 5월 2, 2024
Finance, Consulting, Banking, Professional Services, Asset Management, University, State Street Corporation, Equity, STT, Investment banking, State, Business, Morgan Stanley Wealth Management, State Street, Research fellow

State Street Corporation (NYSE: STT) today announced the appointment of Elizabeth (Liz) Lynn to executive vice president and global head of Investor Relations.

Key Points: 
  • State Street Corporation (NYSE: STT) today announced the appointment of Elizabeth (Liz) Lynn to executive vice president and global head of Investor Relations.
  • Lynn will report to Eric Aboaf, vice chairman and chief financial officer for State Street Corporation.
  • Prior to this role she spent several years as Citi’s Global Head of Investor Relations after having joined the Investor Relations team in 2013.
  • “I’m excited to join State Street during this pivotal time for the financial industry,” said Lynn.

State Street to Participate in Bernstein’s 40th Annual Strategic Decisions Conference

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화요일, 4월 30, 2024
Finance, Consulting, Banking, Professional Services, Asset Management, State Street Corporation, STT, Conference, State

State Street Corporation (NYSE: STT) announced today that its Chairman and Chief Executive Officer, Ron O’Hanley, and Vice Chairman and Chief Financial Officer, Eric Aboaf, will participate in Bernstein’s 40th Annual Strategic Decisions Conference in New York, NY on Friday, May 31, 2024, at 9:00 am ET.

Key Points: 
  • State Street Corporation (NYSE: STT) announced today that its Chairman and Chief Executive Officer, Ron O’Hanley, and Vice Chairman and Chief Financial Officer, Eric Aboaf, will participate in Bernstein’s 40th Annual Strategic Decisions Conference in New York, NY on Friday, May 31, 2024, at 9:00 am ET.
  • An audio webcast of the event will be accessible on the home page of State Street’s Investor Relations website, https://investors.statestreet.com .
  • A recorded replay will be available on the Investor Relations website later that day, for approximately ninety days following the presentation.

State Street Private Markets Survey Finds Macro Challenges Not Dampening Demand; Public To Private Shift Set To Grow Further

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월요일, 4월 29, 2024
Finance, Professional Services, Technology, Asset Management, Artificial Intelligence, Rotation, State Street Corporation, STT, Risk, Market, AI, Machine learning, Insurance, Risk management, Legislation, State Street, Credit, Security (finance)

The survey reveals that the rotation from public to private assets within portfolio allocations will grow further in the coming years.

Key Points: 
  • The survey reveals that the rotation from public to private assets within portfolio allocations will grow further in the coming years.
  • Over half of institutions (59%) have already allocated 30% or more to private markets, and this is expected to grow to 71% by 2028.
  • Investors intend to decrease allocation in public markets to meet increased demand for private exposure.
  • “The great rotation from public to private markets is not slowing down, with investors set to allocate more to private assets than ever before,” said Donna Milrod, executive vice president and chief product officer at State Street.

State Street Corporation (NYSE: STT) Reports First-Quarter 2024 Financial Results

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금요일, 4월 12, 2024
Banking, Asset Management, Professional Services, Finance, State Street Corporation, STT, Telephone, Conference, News, State, Consumer electronics

State Street Corporation (NYSE: STT) reported its first-quarter 2024 financial results today.

Key Points: 
  • State Street Corporation (NYSE: STT) reported its first-quarter 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 10:00 a.m.
  • The conference call will be accessible via audio webcast on State Street’s Investor Relations website, http://investors.statestreet.com , and by telephone at (+1) 888 886 7786 (Conference ID# 14320217).

State Street Earns MLT’s Hispanic Equity at Work Bronze Certification and Black Equity at Work Bronze Recertification

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수요일, 4월 10, 2024
Professional Services, DEI (Diversity, Equity and Inclusion), Finance, DEI, Address, State Street Corporation, STT, MLT, State, Work, Inequality, Partnership, Workplace, Certification, State Street, Racism, Security (finance)

State Street Corporation (NYSE: STT) today announced that it has earned both the Hispanic Equity at Work Bronze Certification and the renewal of its Black Equity at Work Bronze Certification, two recognitions issued by Management Leadership of Tomorrow (MLT).

Key Points: 
  • State Street Corporation (NYSE: STT) today announced that it has earned both the Hispanic Equity at Work Bronze Certification and the renewal of its Black Equity at Work Bronze Certification, two recognitions issued by Management Leadership of Tomorrow (MLT).
  • “State Street’s steadfast commitment to breaking down systemic barriers for Black and Hispanic professionals is truly exemplary,” said John Rice, CEO & Founder of MLT.
  • By becoming Hispanic Equity at Work certified, State Street is setting the standard for racial equity within our country’s leading financial institutions.”
    Last year, State Street became the first Global Systemically Important Financial Institution (GSIFI) to earn the MLT Black Equity at Work Bronze Certification , and the firm has now been recognized with recertification of this achievement.
  • With today’s announcement, State Street also becomes the first GSIFI to earn the MLT Hispanic Equity at Work Certification.