State Street Corporation

State Street’s Research Team Announces Academic Partnership with Daniel Drezner of The Fletcher School, expanding Markets Research Capabilities in Arena of Geopolitical Risk

Retrieved on: 
Monday, April 8, 2024
Finance, Consulting, Professional Services, Public Policy, Government, Other Policy Issues, Department of the Treasury, Conference, Politics, University, The Washington Post, Data science, Tufts University, Foreign Affairs, Partnership, Risk, STT, Social media, Research, State Street Corporation, Publication, Language, Book, State Street, The Wall Street Journal, State

Mr. Drezner will partner with State Street Associates, the firm’s hub for partnerships with academics and fintech start-ups, which powers its award-winning markets research platform for foreign exchange trading, equities trading, and securities lending clients.

Key Points: 
  • Mr. Drezner will partner with State Street Associates, the firm’s hub for partnerships with academics and fintech start-ups, which powers its award-winning markets research platform for foreign exchange trading, equities trading, and securities lending clients.
  • “Our clients are increasingly contemplating the risk of ongoing and potential conflicts around the world as well as several high-stakes, national elections."
  • "I am honoured to collaborate with State Street Associates as its newest academic partner,” said Professor Drezner.
  • As part of his engagement with State Street, Professor Drezner will be a featured speaker at the 2024 Markets & Financing Research Conference.

US Financial 15 Split Corp. Preferred Dividend Declared

Retrieved on: 
Monday, March 18, 2024
Bank of America, American Express, Citigroup, J. P. Morgan, Financial system, Bank, JPMorgan Chase, BNY Mellon, PNC, Morgan Stanley, Goldman Sachs, SunTrust Banks, Wells Fargo, Regions Financial Corporation, State Street Corporation, Fifth Third Bank

TORONTO, March 18, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05292 for each Preferred share, or 10.00% annually based on the previous month end net asset value.

Key Points: 
  • TORONTO, March 18, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05292 for each Preferred share, or 10.00% annually based on the previous month end net asset value.
  • Distributions are payable April 10, 2024 to shareholders on record as at March 28, 2024.
  • US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services Group Inc., Regions Financial Corp., State Street Corp., SunTrust Banks, U.S. Bancorp, and Wells Fargo.

US Financial 15 Split Corp. Extends Termination Date

Retrieved on: 
Tuesday, March 12, 2024
Bank of America, American Express, Citigroup, J. P. Morgan, Financial system, Bank, JPMorgan Chase, BNY Mellon, PNC, Prospectus, Morgan Stanley, Goldman Sachs, Truist Financial, Wells Fargo, Regions Financial Corporation, State Street Corporation, Fifth Third Bank, Security (finance)

TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp. (the “Company”) is pleased to announce it will extend the termination date of the Company a further six year period from December 1, 2024 to December 1, 2030.

Key Points: 
  • TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp. (the “Company”) is pleased to announce it will extend the termination date of the Company a further six year period from December 1, 2024 to December 1, 2030.
  • In connection with the extension, the Company will have the right to amend the dividend entitlement of the FTU.PR.B Preferred Shares (“Preferred Shares”) effective December 1, 2024.
  • US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services Group Inc., Regions Financial Corp., State Street Corp., Truist Financial Corp., U.S. Bancorp, and Wells Fargo & Co.
  • Please read the Company’s publically filed documents which are available at www.sedar.com .

State Street Corporation Announces Time Change for its First-Quarter 2024 Financial Conference Call Webcast

Retrieved on: 
Tuesday, April 2, 2024
Finance, Consulting, Banking, Professional Services, Asset Management, State, State Street Corporation, STT, Webcast, Telephone, Conference

State Street Corporation (NYSE: STT) today announced a change to the timing of the previously announced first-quarter 2024 webcast and teleconference due to a scheduling conflict.

Key Points: 
  • State Street Corporation (NYSE: STT) today announced a change to the timing of the previously announced first-quarter 2024 webcast and teleconference due to a scheduling conflict.
  • As previously announced, financial results will be announced on Friday, April 12, 2024 at approximately 7:30 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).
  • Following the call, a replay will be available via audio webcast on State Street’s Investor Relations website, http://investors.statestreet.com , or by telephone, which will be available for approximately one month, at (+1) 877-674-7070 (Conference ID: 14320217, Playback Passcode: 320217 #).

HarborOne Bancorp, Inc. Names Stephen W. Finocchio as Executive Vice President and Chief Financial Officer

Retrieved on: 
Thursday, March 28, 2024
Finance, Banking, Accounting, Professional Services, Legal, Fennel, Aswath Damodaran, Business, Strategic planning, Capital, University, State Street Corporation, Senior, Consultant, Multimedia, Treasury, State Street, Management

HarborOne Bancorp, Inc. today announced the appointment of Stephen W. Finocchio as Executive Vice President and Chief Financial Officer, HarborOne Bancorp, Inc. and HarborOne Bank.

Key Points: 
  • HarborOne Bancorp, Inc. today announced the appointment of Stephen W. Finocchio as Executive Vice President and Chief Financial Officer, HarborOne Bancorp, Inc. and HarborOne Bank.
  • Finocchio will oversee all Finance areas, including Accounting, Reporting, Treasury, and Investor Relations.
  • “Stephen’s deep experience in driving growth and innovation in large financial institutions brings a new perspective and skill set in helping HarborOne meet its growth aspirations,” said Joseph F. Casey, President and CEO of HarborOne Bancorp, Inc. and HarborOne Bank.
  • Earlier in his career, he served as Managing Director - Structured Finance for State Street Global Markets, LLC from 1995 to 2010.

State Street Officially Opens its New Kilkenny Office

Retrieved on: 
Monday, March 25, 2024
Technology, Professional Services, Security, Finance, International Financial Services Centre, Science, University, STT, IDA, Female, News, State Street Corporation, State Street Global Advisors, Biodiversity, Monterey, California, State Street, Government, State, Renewable energy

State Street Corporation (NYSE: STT) one of the world's leading providers of financial services to institutional investors, today marked the official opening of its new office building in Kilkenny.

Key Points: 
  • State Street Corporation (NYSE: STT) one of the world's leading providers of financial services to institutional investors, today marked the official opening of its new office building in Kilkenny.
  • State Street established its Irish operations in 1996 and has grown to become one of the largest international financial services employers in Ireland.
  • With a presence in Kilkenny for over 20 years, State Street was the first company in the International Financial Services Centre (IFSC), to establish a regional base outside of Dublin.
  • “Our new office and global cybersecurity centre reflects State Street’s commitment to Ireland and our confidence in the South-East region's exceptional talent pool” said Ron O ’Hanley, chairman and chief executive officer of State Street.

State Street Appointed to Provide Investment Services to AZ Quest, Further Expanding Presence in Latin America

Retrieved on: 
Wednesday, March 20, 2024
Finance, Banking, Professional Services, Other Professional Services, Asset Management, Head, Growth, STT, State Street Corporation, FX, State Street, State

State Street Corporation (NYSE: STT) today announced that it has been selected to provide fund accounting, fund administration and investor servicing for AZ Quest, an asset manager based in Sao Paulo, Brazil.

Key Points: 
  • State Street Corporation (NYSE: STT) today announced that it has been selected to provide fund accounting, fund administration and investor servicing for AZ Quest, an asset manager based in Sao Paulo, Brazil.
  • State Street will provide this range of services to the AZ Quest Fund SPC and its segregated portfolios.
  • “We are pleased to announce this relationship with AZ Quest, as we continue to expand our capabilities across the region, furthering our goal of supporting leading institutional clients throughout Latin America,” said Marcia Rothschild, State Street head of Latin America.
  • "We look forward to working with AZ Quest to help generate and sustain growth to meet their investment objectives.”
    Today’s announcement strengthens State Street’s continued growth in Latin America.

State Street Partners with Diverse Firms to Underwrite $1 Billion of Senior Debt

Retrieved on: 
Monday, March 18, 2024
Professional Services, Other Professional Services, Data Analytics, Finance, Asset Management, Consulting, Banking, STT, UBS, State Street Corporation, State Street, State

State Street Corporation (“State Street”) (NYSE: STT) announced today that it has issued an aggregate principal amount of $1 billion of senior debt.

Key Points: 
  • State Street Corporation (“State Street”) (NYSE: STT) announced today that it has issued an aggregate principal amount of $1 billion of senior debt.
  • “We are once again pleased to partner with a diverse group of firms on our debt offerings, and proud to announce the successful execution of this latest transaction,” said Kimberly DeTrask, executive vice president and treasurer for State Street.
  • “Blaylock Van is thrilled to have participated as one of four joint book runners in State Street’s $1 billion, 3-year fixed rate senior notes offering.
  • We are honored to be partners with State Street in this transformative journey,” said Founder and Chief Executive Officer of Blaylock Van, LLC, Eric Standifer.

State Street Corporation Announces Time Change for its First-Quarter 2024 Financial Results and Conference Call Webcast

Retrieved on: 
Friday, March 15, 2024
Asset Management, Professional Services, Finance, State, State Street Corporation, STT, Webcast, Telephone, Conference

State Street Corporation (NYSE: STT) today announced changes to the timing of the previously announced release of its first-quarter 2024 financial results and the associated webcast and teleconference, in order to minimize conflicts with other industry earnings announcements.

Key Points: 
  • State Street Corporation (NYSE: STT) today announced changes to the timing of the previously announced release of its first-quarter 2024 financial results and the associated webcast and teleconference, in order to minimize conflicts with other industry earnings announcements.
  • Financial results will now be announced on Friday, April 12, 2024 at approximately 7:30 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).
  • Materials will be available on State Street’s Investor Relations website prior to the call.

SMBC Americas Appoints Mark Corteil as Chief Risk Officer

Retrieved on: 
Tuesday, March 12, 2024
Banking, Professional Services, Finance, Deutsche Bank, State Street Corporation, Risk, SMBC, Sumitomo Mitsui Banking Corporation, Culture, Risk management, Management

Sumitomo Mitsui Banking Corporation (SMBC) today announced the appointment of Mark Corteil as Chief Risk Officer for the Americas Division.

Key Points: 
  • Sumitomo Mitsui Banking Corporation (SMBC) today announced the appointment of Mark Corteil as Chief Risk Officer for the Americas Division.
  • “Mark has made a significant impact as a member of our risk management team and has consistently demonstrated a capacity for leadership,” said Hirofumi Otsuka, Chief Executive Officer, SMBC Americas Division.
  • “His deep knowledge of the space will help SMBC meet the demands of an evolving risk landscape as we continue to grow.”
    Mark joined SMBC in 2022 as Americas Chief Credit Risk Officer, where he oversaw all aspects of credit risk management in the region.
  • Prior to joining SMBC, Mark spent more than a decade as the Chief Credit Officer and Head of Global Markets Risk for State Street Corporation.