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 Global Advisors, the asset management business of State Street Corporation (NYSESTT), announced today in partnership with Bridgewater Associates, the launch of the SPDR® Bridgewater® All Weather® ETF (ALLW), an actively managed, diversified global multi-asset allocation ETF with an investment approach designed with the goal of generating consistent returns across different economic environments.
State Street Corporation (NYSESTT) today announced the successful onboarding of River Global as a client of its newly launched transfer agency service in the UK, supported by ZILO™, a FinTech specialising in global asset and wealth management software.
Microsoft Corp.’s (NASDAQMSFT) refusal to explore Bitcoin (CRYPTO: BTC) investments dampened the spirits of cryptocurrency enthusiasts who had hoped the tech behemoth's move would drive demand for the leading digital
State Street Global Advisors, the asset management business of State Street Corporation (NYSESTT), today announced that its IncomeWise™ Target Retirement Strategies will be made available on the Voya Financial recordkeeping platform, marking a major milestone in the expansion of the solution’s availability across the industry. This achievement aligns with State Street Global Advisors' commitment to providing participants with innovative and flexible retirement solutions.
State Street Corporation (NYSESTT) and Mizuho Financial Group, Inc. (President & Group CEO: Masahiro Kihara) today announced they have entered into an agreement for State Street to acquire Mizuho’s global custody and related businesses outside of Japan. These businesses support the overseas investments of Mizuho’s Japanese clients.
State Street Global Advisors, the asset management business of State Street Corporation (NYSESTT), announced today the launch of the SPDR® SSGA Apollo IG Public & Private Credit ETF (PRIV). Managed by the State Street Global Advisors Active Fixed Income Team, PRIV allows all investors to gain transparent, tradeable access to an ETF seeking risk-adjusted returns and current income that invests in investment-grade private credit, including asset-based finance, along with investment-grade public credit.
State Street Corporation (NYSESTT) announced today that its President & Chief Executive Officer of State Street Global Advisors, Yie-Hsin Hung, and its interim Chief Financial Officer, Mark Keating, will present at the RBC Global Financial Institutions Conference in New York, NY on Wednesday, March 5, 2025 at approximately 3:20pm ET.
BlackRock has $10.6 trillion in assets under management (AUM) making them the largest asset manager on the planet, and they are still scaling for more growth.
State Street Corporation (NYSESTT) and SS&C Technologies (Nasdaq: SSNC) today announced their intention to restructure the European component of their International Financial Data Services (IFDS) LP joint venture arrangement in Luxembourg and Ireland, following an almost 20-year collaboration. Under this plan, transfer agency services delivered by IFDS in Ireland and IFDS in Luxembourg will transition into each organization’s respective operations.
State Street Corporation (NYSESTT) today announced a quarterly cash dividend of $0.76 per share of common stock, payable on April 11, 2025 to common shareholders of record at the close of business on April 1, 2025.
State Street is reportedly planning to unveil its digital asset custody offering next year, while Bank of New York Mellon is expected to add support for more digital assets, in addition to its existing limited custody service for BTC and ETH.
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.
