State Street

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.

Cognito Expands Communications Partnership With Foxon Media, the Organizer of The Summit for Asset Management (TSAM) Conferences

Retrieved on: 
Wednesday, March 20, 2024
Marketing, Communications, Public Relations, Investor Relations, Cognito, Voco Orchard Singapore, Northern Trust, Partnership, ESG, Social media, Asset management, Eastspring Investments, Summit, Investment, State Street

Foxon Media , a leading organizer of financial services events, is expanding its partnership with Cognito, the independent global communications agency focused on financial markets, technology, and the climate transition.

Key Points: 
  • Foxon Media , a leading organizer of financial services events, is expanding its partnership with Cognito, the independent global communications agency focused on financial markets, technology, and the climate transition.
  • Cognito will provide media, press functions and social media support for Foxon Media's The Summit for Asset Management (TSAM) portfolio, including TSAM Asia; Singapore , TSAM New York , TSAM London ; The Summit for ESG (TSESG) events in New York and London; and The Summit for Wealth Management in London.
  • The Foxon Media-Cognito partnership, which commenced in 2023, focused on the TSAM and TSESG events in New York and London.
  • Andrew Kerry, Managing Director of Foxon Media, said: “Our global collaboration with Cognito continues in 2024.

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.

The Canton Network Completes the Most Comprehensive Blockchain Pilot to Date for Tokenized Real World Assets

Retrieved on: 
Tuesday, March 12, 2024
Online Privacy, Technology, Finance, Fintech, Banking, Professional Services, Digital Cash Management, Digital Assets, Blockchain, Asset Management, Microsoft, Commerzbank, Visa, Entrepreneurship, Goldman Sachs, Broadridge Financial Solutions, Pirum, Risk, DRW, IEX, Wellington Management Company, EquiLend, Cboe Global Markets, DTCC, Harvest Fund Management, Standard Chartered, BNP Paribas, BNY Mellon, Privacy, State Street, Digital asset, Cryptocurrency

It also demonstrated the potential benefits of using such a network to reduce counterparty and settlement risk, optimize capital, and enable intraday margin cycles.

Key Points: 
  • It also demonstrated the potential benefits of using such a network to reduce counterparty and settlement risk, optimize capital, and enable intraday margin cycles.
  • The pilot showed the potential of the Canton Network to reduce costs, risks, and inefficiencies, while striving to meet regulatory requirements for the issuance, transfer, and settlement of tokenized traditional assets.
  • “The pilot program marks an important milestone for the Canton Network,” said Yuval Rooz, CEO and Co-Founder of Digital Asset.
  • Digital Asset provided the technology and guidance to support the pilot and is one of the technology and infrastructure providers for the Canton Network.

Evolus Announces Pricing of $50.0 Million Underwritten Offering of Common Stock

Retrieved on: 
Monday, March 11, 2024
Cosmetics, Retail, Pharmaceutical, Health, SVB Securities, Montgomery Street, Growth, Form, Telephone, EDGAR, Sale, Attention, Prospectus, State Street

Evolus, Inc. (Nasdaq: EOLS) announced today the pricing of its underwritten offering of 3,554,000 shares of its common stock at a underwritten offering price of $14.07 per share, which is equal to the closing price on Friday, March 8, 2024, before underwriting discounts and commissions.

Key Points: 
  • Evolus, Inc. (Nasdaq: EOLS) announced today the pricing of its underwritten offering of 3,554,000 shares of its common stock at a underwritten offering price of $14.07 per share, which is equal to the closing price on Friday, March 8, 2024, before underwriting discounts and commissions.
  • The gross proceeds from the offering to Evolus are expected to be approximately $50.0 million, before deducting underwriting discounts and commissions and offering expenses.
  • In addition, Evolus has granted the underwriters a 30-day option to purchase up to an additional 533,100 shares of common stock at the underwritten offering price, less the underwriting discounts and commissions.
  • The offering was made pursuant to the prospectus accompanying Evolus’ registration statement on Form S-3 (File No.

LeafHouse and iJoin Announce Launch of Automated Personalized Portfolio™ Program Powered by Dimensional offering State Street GTC Retirement Income Builder Series Funds

Retrieved on: 
Thursday, April 4, 2024
GTC, ARS, Partnership, State Street Global Advisors, Human voice, Retirement, APP, State Street, Financial adviser

SCOTTSDALE, Ariz. , April 4, 2024 /PRNewswire/ -- LeafHouse, iJoin, and ARS are excited to announce a new partnership to deliver personalized advice that features the State Street GTC Retirement Income Builder Series (Series) target date funds within a managed account offering.

Key Points: 
  • SCOTTSDALE, Ariz. , April 4, 2024 /PRNewswire/ -- LeafHouse, iJoin, and ARS are excited to announce a new partnership to deliver personalized advice that features the State Street GTC Retirement Income Builder Series (Series) target date funds within a managed account offering.
  • The State Street GTC Retirement Income Builder Series combines State Street Global Advisors' cost-efficient asset management expertise with ARS's patent-pending lifetime income innovation to help Americans become more retirement-ready.
  • The solution's core investment, the State Street GTC Retirement Income Builder Series, delivers growth potential, retirement risk mitigation, and a personalized lifetime income strategy by embedding ARS' patent-pending Lifetime Income Builder into the core portfolio's glidepath.
  • The State Street GTC Retirement Income Builder Series will be used as the core investment, providing a lifetime income strategy coupled with State Street's low-cost investment experience.

Cboe Clear Europe Secures Support of Additional Key Participants for Launch of Securities Financing Transactions Clearing Service

Retrieved on: 
Thursday, April 4, 2024
Bank of America, Clearing house (finance), Growth, Rural sociology, Risk, CRR, CRD, Bank, CCP, SFT, UCITS, Capital Requirements Regulation 2013, Capital Requirements Directives, State Street, ETF, State, Security (finance)

Brings total number of launch participants to nine, comprising a broad range of key market participants, including banks, clearing firms, asset managers and custodians

Key Points: 
  • Brings total number of launch participants to nine, comprising a broad range of key market participants, including banks, clearing firms, asset managers and custodians
    Launch on track for Q3 2024, subject to regulatory approvals
    AMSTERDAM and LONDON, April 4, 2024 /PRNewswire/ -- Cboe Clear Europe, Cboe's Amsterdam-based pan-European clearing house, today announced that it has secured the support of additional participants to support the launch of its Central Counterparty (CCP) clearing service for securities financing transactions (SFTs).
  • Their commitment brings the total number of launch participants for the SFT clearing service to nine, comprising a broad range of key market participants, including banks, clearing firms, asset managers and custodians.
  • Alessandro Cozzani, Managing Director, Bank of America, said: "We are excited to embark on this journey with Cboe Clear Europe.
  • At launch, Cboe Clear Europe will be the only pan-European CCP offering these consolidated services for SFTs in European cash equities and ETFs."

CHICAGO RIVER SWIM TO MAKE HISTORY AS FIRST OPEN WATER EVENT IN NEARLY 100 YEARS

Retrieved on: 
Wednesday, April 3, 2024
Clark Street Bridge, Dearborn Street, Metropolitan, ALS, Safety, Research, Northwestern University, Water quality, Chicago River, Feinberg School of Medicine, State Street

CHICAGO, April 3, 2024 /PRNewswire/ -- The inaugural Chicago River Swim marks a historic revival of open water swimming in downtown Chicago, celebrating the river's transformation and supporting ALS research.

Key Points: 
  • CHICAGO, April 3, 2024 /PRNewswire/ -- The inaugural Chicago River Swim marks a historic revival of open water swimming in downtown Chicago, celebrating the river's transformation and supporting ALS research.
  • We are committed to conducting a safe event, backed by the latest in water quality technology and a thorough safety plan."
  • Chicago River Swim will use this combined data to determine if the water meets regulatory standards for human contact.
  • Proceeds from the Chicago River Swim will also support local learn-to-swim programs for at-risk youth.

F.L.Putnam Names Financial Services Veteran Molly O'Connor Chief People Officer

Retrieved on: 
Thursday, March 21, 2024
Acqui-hiring, MBA, HR, Manning, State Street, Acquisition, BNY Mellon, FleetBoston Financial, BankBoston, Management

WELLESLEY, Mass., March 21, 2024 /PRNewswire/ -- F.L.Putnam Investment Management Company today announced the appointment of Molly O'Connor to the newly created role of Chief People Officer.

Key Points: 
  • WELLESLEY, Mass., March 21, 2024 /PRNewswire/ -- F.L.Putnam Investment Management Company today announced the appointment of Molly O'Connor to the newly created role of Chief People Officer.
  • She will report directly to CEO Tom Manning and serve as a member of the executive team.
  • "Molly is highly regarded in wealth management and across the broader financial services community and we are honored to have such a smart, accomplished, and trusted executive lead our human resources efforts," said Tom Manning, CEO of F.L.Putnam.
  • Most recently, she founded and led Stoneybrook Search, a financial services recruitment firm based in Boston that served the wealth management industry.