State Street Corp (N:STT)

Business Focus: Investment Management & Fund Operators

Jun 30, 2020 04:15 pm ET
State Street Corporation Announces Date for Release of Second-Quarter 2020 Financial Results and Conference Call Webcast
State Street Corporation (NYSE: STT) plans to announce its second-quarter 2020 financial results on Friday, July 17, 2020 at approximately 7:30 a.m. EDT. The results will be reviewed via webcast and teleconference at 10:00 a.m. EDT.
Jun 30, 2020 09:06 am ET
Vast Majority of Insurers are Confident in Fund Managers Navigation of the Financial Markets through COVID-19, State Street Survey Reveals
State Street Corporation (NYSE: STT) today announced new research[1] which reveals that 78 percent of insurers are confident their asset managers can navigate the current financial crisis caused by COVID-19. State Street surveyed insurance companies around the world on the impact of the COVID-19 pandemic and their views on how asset managers have handled the crisis.
Jun 29, 2020 04:37 pm ET
State Street Corporation Announces Preliminary Stress Capital Buffer Requirement, Planned Continuation of its Quarterly Common Stock Dividend of $0.52 per share and Release of its 2020 Dodd-Frank Annu
State Street Corporation (NYSE: STT) today announced its preliminary inaugural stress capital buffer (SCB) requirement of 2.5% beginning in the fourth quarter of 2020 and the intention to continue its quarterly common stock dividend of $0.52 per share in the third quarter subject to consideration and approval by its Board of Directors.
Jun 22, 2020 09:00 am ET
Charles River Announces New Appointment to Lead Wealth Hub Initiative
Charles River Development, a State Street Company, today announced that Steve Pike has been appointed Director of the Charles River Wealth Hub, responsible for asset manager on-boarding and service bureau relationships. In addition to overall responsibility for the Wealth Hub, Pike will oversee strategic direction and growth strategy, shaping the product roadmap to meet the requirements of sponsor firms and asset managers serving wealth clients.
Jun 17, 2020 10:30 am ET
State Street’s Private Equity Index Rose to a 4.35 Percent Return in Q4 2019 – Up from Lows of Last Quarter
The State Street ℠ Private Equity Index (SSPEI) posted its second highest quarterly return in the past two years at 4.35 percent return in the fourth quarter of 2019, up from the 0.82 percent return in Q3 2019. Venture Capital funds rallied 5.68 percent after last quarter’s decline of -0.05 percent return, followed by 4.24 percent return from Buyout funds and 2.43 percent return from Private Debt funds.
Jun 09, 2020 09:30 am ET
State Street to Provide ETF Servicing to Fidelity for First Semi-Transparent ETF Suite Utilizing Proxy Basket Structure
State Street Corporation (NYSE:STT) today announced that it has been appointed ETF servicing agent for Fidelity Investments new range of semi-transparent, actively managed ETFs. Fidelity is the first asset manager to receive regulatory approval for three investment strategies, Fidelity Blue Chip Growth ETF (FBCG)
Jun 09, 2020 08:15 am ET
State Street Survey Provides Insights on Institutional Investors’ Views on Asset Managers Amidst COVID-19
State Street Corporation (NYSE: STT) today unveiled new research which shows that institutional investors still retain high levels of confidence in their asset managers amid the COVID-19 crisis. Globally, 76% of institutional investors stated that they have faith in their asset managers’ ability to navigate the crisis, while a similar percentage of respondents (74%) rated the communication and support from their asset managers as either ‘strong’ or ‘very strong.’
Jun 03, 2020 04:15 pm ET
State Street Announces Chief Financial Officer and Head of Global Clients Division to Participate in the Morgan Stanley Virtual US Financials Conference
State Street Corporation (NYSE:STT) announced today that its Chief Financial Officer, Eric Aboaf, and Head of Global Clients Division, Donna Milrod, will participate in the Morgan Stanley Virtual US Financials Conference on Tuesday, June 9th, 2020 at 2:30 pm EDT.
May 27, 2020 09:00 am ET
Charles River IMS Named Best Order Management System in 2020 Market Choice Awards
Charles River Development, a State Street company, has won “Best Order Management System” at the 2020 Markets Choice Awards. Sponsored by MarketsMedia, the awards identify and recognize the best companies, individuals and innovation in financial markets. This year’s awards span institutional trading and technology sectors, including buy-side trad
May 21, 2020 05:48 pm ET
State Street Global Advisors Announces Changes to SPDR® ETF Lineup
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced plans to close and liquidate the SPDR S&P ® Technology Hardware ETF (XTH) and the SPDR S&P 500 Buyback ETF (SPYB) based on an ongoing review of the SPDR ETF offering.
May 20, 2020 04:15 pm ET
State Street Corporation Declares Dividends on its Common Stock and Non-Cumulative Perpetual Preferred Stock Series “D,” “G,” and “H”
State Street Corporation (NYSE:STT) today announced a quarterly cash dividend of $0.52 per share of common stock, payable on July 16, 2020 to common shareholders of record at the close of business on July 1, 2020.
May 20, 2020 09:00 am ET
State Street Introduces New Stakeholder Report
State Street Corporation (NYSE:STT) today announced the release of its Stakeholder Report for 2019, entitled “
May 07, 2020 10:51 am ET
State Street to Provide ETF Servicing to Water Island Capital’s Initial Index ETF
State Street Corporation (NYSE:STT) today announced that it has been appointed as the ETF servicing agent for Water Island Capital’s first ETF. Water Island Capital (WIC) received regulatory approval for the AltShares Merger Arbitrage ETF (NYSE: ARB), tracking the Water Island Merger Arbitrage USD Hedged Index, which seeded on May 6 and listed for trading on May 7, 2020.
Apr 20, 2020 09:30 am ET
State Street Announces New Alliance with Virtus from FIS
State Street Corporation (NYSE: STT) today announced it has entered into an alliance with Virtus from FIS to provide Collateralized Loan Obligation (CLO) and Collateralized Debt Obligation (CDO) technology management solutions to clients in the United States and Europe.
Apr 17, 2020 07:52 am ET
State Street Reports First-Quarter 2020 Financial Results
State Street Corporation (NYSE: STT) reported its first-quarter 2020 financial results today. The news release, presentation, and additional financial information can be accessed on State Street’s Investor Relations website at http://investors.statestreet.com. A conference call to discuss the firm’s financial results, outl
Apr 14, 2020 10:30 am ET
State Street To Provide Central Banks With PriceStats Inflation Indicators to Assess Economic Impact of COVID-19 Pandemic
State Street Corporation (NYSE:STT) today announced that it will offer its State Street PriceStats Series, a comprehensive suite of indicators to monitor trends in retailer pricing and consumer demand in 22 countries, to central banks around the world at no cost. The announcement comes following an influx of inquiries from central banks as they seek to mitigate the negative economic effects of the pandemic.
Apr 14, 2020 07:30 am ET
Charles River Investment Management Solution (IMS) Now Client-Ready on Microsoft® Azure
Charles River Development, a State Street Company, today announced that its strategic cloud solution, Charles River Investment Management Solution (Charles River IMS), has achieved platform and operational readiness on Microsoft Azure. The offering utilizes Microsoft’s scale and security capabilities to provide investment firms with a platform that enables innovation and helps clients mitigate risk. Charles River has initiated the migration of new and existing SaaS (Software as a Service) clients onto the new Azure infrastructure.
Apr 02, 2020 10:00 am ET
State Street to Provide ETF Servicing to American Century Investments for First Semi-Transparent ETF Suite
State Street Corporation (NYSE:STT) today announced that it has been appointed ETF servicing agent and also has been appointed to serve as first Authorized Participant Representative (APR) for American Century Investments’ new range of semi-transparent, actively managed ETFs. American Century Investments is the first asset manager to receive regulatory approval for two investment strategies, Focused Large Cap Value and Focused Dynamic Growth, both of which will be available through ActiveShares®, its semi-transparent active ETF vehicle.
Apr 01, 2020 04:15 pm ET
State Street Corporation Announces Date for Release of First-Quarter 2020 Financial Results and Conference Call Webcast
State Street Corporation (NYSE: STT) plans to announce its first-quarter 2020 financial results on Friday, April 17, 2020 at approximately 7:30 a.m. EDT. The results will be reviewed via webcast and teleconference at 10:00 a.m. EDT.
Mar 26, 2020 09:18 pm ET
State Street Corporation Announces Pricing of Fixed-to-Floating Rate Senior Notes Offering
State Street Corporation (“State Street”) (NYSE: STT) today announced that it has priced an offering of $750,000,000 aggregate principal amount of 2.825% Fixed-to-Floating Rate Senior Notes due 2023 (the “2023 Notes”), $500,000,000 aggregate principal amount of 2.901% Fixed-to-Floating Rate Senior Notes due 2026 (the “2026 Notes”) and $500,000,000 aggregate principal amount of 3.152% Fixed-to-Floating Rate Senior Notes due 2031 (the “2031 Notes” and, together with the 2023 Notes and the 2026 Notes, the “Notes”).
Mar 24, 2020 09:00 am ET
Charles River Development Awarded Best Cloud-Based Front Office Solution
Charles River Development has won “Best Cloud-Based Front Office Solution System Provider” at the Fund Intelligence Tech & WSL Awards 2020. Presented on February 25th in New York, the awards recognize and reward providers catering to asset managers and institutional traders who have demonstrated exceptional client service and innovative product development in the past 12 months.
Mar 23, 2020 04:57 pm ET
State Street Global Advisors Announces Reverse Splits of Two ETFs
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced reverse splits will be implemented for the SPDR S&P Oil & Gas Equipment & Services ETF (XES) and the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) in order to potentially reduce trading costs for investors. Shares of both funds will trade at their post-reverse split price effective as of March 30, 2020.
Mar 16, 2020 10:02 am ET
State Street Statement on Share Repurchases
State Street Corporation (NYSE:STT) announced today that it has temporarily suspended its common stock repurchase program through June 2020. This action is consistent with the announcement by the Financial Services Forum yesterday that its eight members, including State Street, decided to temporarily suspend share buybacks, in light of the COVID-19 pandemic. There is no change to State Street’s dividend policy.
Mar 13, 2020 09:00 am ET
Charles River Wins Best Wealth Management Product in 2020 FinTech Breakthrough Awards
Charles River Development, a State Street Company, today announced that Charles River Investment Management Solution (Charles River IMS) has been awarded “Best Wealth Management Product” by FinTech Breakthrough, an independent organization that recognizes the top companies, products and technologies in global financial technology markets. The 2020 FinTech Breakthrough Awards showcase market leaders across twelve sectors including Investments, Wealth Management and RegTech.
Mar 05, 2020 08:57 am ET
State Street Global Advisors Marks Third Anniversary and Progress of Fearless Girl Campaign, Reports 681 Companies Added Female Board Members
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today celebrates the third anniversary of the launch of the Fearless Girl campaign, which began with the introduction of a now iconic symbol of gender diversity in leadership on the eve of International Women’s Day 2017. Since the arrival of Fearless Girl on Wall Street three years ago, 681 publicly-traded companies with previously no women on their boards that the firm called on and engaged with have added at least one female board member.1
Mar 04, 2020 04:15 pm ET
State Street Announces Chief Financial Officer to Participate in the 2020 RBC Capital Markets Global Financial Institutions Conference
State Street Corporation (NYSE:STT) announced today that its Chief Financial Officer, Eric Aboaf, will participate in the 2020 RBC Capital Markets Global Financial Institutions Conference in New York on Wednesday, March 11th, 2020 at 2:00 pm ET.
Mar 03, 2020 09:00 am ET
State Street Global Advisors Announces Appointment of Kim Hochfeld as Global Head of Cash Business
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the appointment of Kim Hochfeld as a senior managing director and global head of the firm’s cash business, within the Global Institutional Group.
Feb 27, 2020 09:30 am ET
Key Private Bank Selects Charles River Wealth Management Solution
Charles River Development, a State Street Company (NYSE:STT), today announced that Key Private Bank, the wealth management division of KeyCorp (NYSE:KEY), selected the Charles River Wealth Management Solution to expand its investment product offering. The fully managed solution provides Key Private Bank with portfolio management, trading, and compliance across its equities, options, and fixed income products. Key Private Bank also leverages Charles River’s mobile solution for advisors, Charles River Anywhere.
Feb 25, 2020 02:40 pm ET
AM Best Assigns Credit Ratings to Federated Underwriting Company
AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to Federated Underwriting Company (Federated) (Colchester, VT). The outlook assigned to these Credit Ratings (ratings) is stable.
Feb 21, 2020 04:15 pm ET
State Street Announces Chief Operating Officer and Chief Financial Officer to Participate in the Credit Suisse 21st Annual Financial Services Forum
State Street Corporation (NYSE:STT) announced today that its Chief Operating Officer, Lou Maiuri, and its Chief Financial Officer, Eric Aboaf, will participate in the Credit Suisse 21st Annual Financial Services Forum in Miami, Florida on Thursday, February 27th at 9:20 am EST.
Feb 20, 2020 04:20 pm ET
State Street Corporation Declares Dividend on its Common Stock
State Street Corporation (NYSE:STT) today announced a quarterly cash dividend of $0.52 per share of common stock, payable on April 15, 2020 to common shareholders of record at the close of business on April 1, 2020.
Feb 12, 2020 04:12 pm ET
State Street Corporation Declares Quarterly Dividends on its Non-Cumulative Perpetual Preferred Stock Series “D”, “F”, and “G”
State Street Corporation (NYSE:STT) today announced a quarterly cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock:
Feb 12, 2020 04:11 pm ET
State Street Corporation Announces Additional Capital Action with Full Redemption of Non-Cumulative Perpetual Preferred Stock Series “C” and Declares Quarterly Dividend on its Series C Preferred Stock
State Street Corporation (NYSE:STT) today announced that it will redeem all of its outstanding shares of non-cumulative perpetual preferred stock Series C (represented by depositary shares, each representing a 1/4000th interest in a share of Series C preferred stock) (the “Redemption”) for cash at a redemption price (the “Redemption Price”) of $100,000 per share (equivalent to $25.00 per depositary share) plus all declared and unpaid dividends. The Redemption Price will be payable on March 16, 2020.
Feb 10, 2020 09:30 am ET
Charles River Awarded “Best Portfolio Management Solution” at WealthBriefing Swiss Awards 2020
Charles River Development has won “Best Portfolio Management System Provider” at the WealthBriefing Switzerland Awards 2020. Presented on February 6th in Geneva, WealthBriefing recognizes technology vendors that develop innovative solutions for wealth management firms and private banks.
Jan 29, 2020 10:00 am ET
Investor Confidence Declined in January by 3.2 Points to 76.5
State Street Global Markets today released the results of the State Street Investor Confidence Index® (ICI) for January 2020.
Jan 27, 2020 05:00 am ET
Lothian Pension Fund Streamlines its Investment Management Processes with Charles River IMS
Lothian Pension Fund, the Edinburgh-based local government pension scheme provider, has completed the implementation of the Charles River Investment Management Solution (
Jan 24, 2020 08:30 am ET
State Street Global Advisors Enhances SPDR® Portfolio ETF™ Suite to Expand Investor Choice
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), and creators of the world’s first ETFs, today announced index changes to four of its low-cost SPDR ® Portfolio ETFs™, with a combined $11.3 billion 1 in assets.
Jan 23, 2020 03:30 pm ET
State Street Expands PriceStats Offering with Additional Indicators
State Street Corporation (NYSE:STT) today announced an expansion in coverage of State Street PriceStats Purchasing Power Parity (PPP) Indicators, which measure real exchange rates (RERs) for targeted economies with respect to the United States and, for select countries, Germany. The expansion in coverage adds seven new series to the existing eight, bringing the total number of PPP series to 15.
Jan 17, 2020 07:30 am ET
State Street Reports Fourth-Quarter and Full-Year 2019 Financial Results
State Street Corporation (NYSE: STT) reported its fourth-quarter and full-year 2019 financial results today. The news release, presentation, and additional financial information can be accessed on State Street’s Investor Relations website at http://investors.statestreet.com. A conference call to discuss the firm’s financia
Jan 16, 2020 09:00 am ET
Charles River Investment Management Solution Integrates ChartIQ for Trade Decision Support
Charles River Development, a State Street Company, announced that the Charles River Investment Management Solution (Charles River IMS) now integrates with ChartIQ, enabling Charles River to provide institutional traders with visualization tools that deliver greater insight into data affecting investment decisions. These capabilities help traders conduct pre-trade technical analysis, gauge in-trade market impact and better understand post-trade execution quality.
Jan 03, 2020 04:15 pm ET
State Street Corporation Announces Date for Release of Fourth-Quarter and Full-Year 2019 Financial Results and Conference Call Webcast
State Street Corporation (NYSE: STT) plans to announce its fourth-quarter and full-year 2019 financial results on Friday, January 17, 2020 at approximately 7:30 a.m. EST. The results will be reviewed via webcast and teleconference at 10:00 a.m. EST.
Dec 23, 2019 08:00 am ET
State Street Board of Directors Appoints Ron O’Hanley as Chairman
State Street Corporation (NYSE: STT) today announced that its board of directors has appointed Ronald P. (Ron) O’Hanley, State Street’s chief executive officer, as chairman, effective January 1, 2020, following Jay Hooley’s planned retirement. Mr. Hooley has served on the Board of Directors since 2009 and as Chairman of the Board since 2011. Amelia Fawcett will continue in her role as State Street’s independent lead director.
Dec 20, 2019 08:46 am ET
State Street Global Advisors Announces Additional 2019 Income Distribution for XLE and XLV
The Select Sector SPDR Funds listed in the table below, each an exchange-traded fund (“ETF”), announced today that each ETF will make an additional 2019 income distribution. The ex-dividend date will be December 30, 2019, record date will be December 31, 2019 and payment date will be January 3, 2020. The Energy Select Sector SPDR Fund (NYSE Arca Exchange:
Dec 19, 2019 04:15 pm ET
State Street Corporation Declares Quarterly Dividend on Its Common Stock
State Street Corporation (NYSE:STT) today announced a quarterly cash dividend of $0.52 per share of common stock, payable on Thursday, January 16, 2020 to common shareholders of record at the close of business on Thursday, January 2, 2020.
Dec 17, 2019 06:00 am ET
State Street and Gemini Launch Digital Asset Pilot
State Street Corporation (NYSE:STT), today announced a new digital asset pilot in collaboration with Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian. The pilot builds on ongoing research and development in the digital asset space to combine Gemini Custody™ with State Street’s back office reporting.
Dec 12, 2019 09:00 am ET
State Street Announces New ETF Servicing Arrangement with VanEck
State Street Corporation (NYSE:STT), one of the world’s leading providers of financial services to institutional investors, announced today it has expanded its servicing arrangement with leading global investment firm, VanEck, to provide Exchange Traded Fund (ETF) services for nearly $40 billion of its clients’ assets.
Dec 11, 2019 02:17 pm ET
State Street Survey Reveals A Bright Future for Both Digital Assets and Semi-Transparent ETFs in the US
As part of a wide ranging 2020 industry trend outlook, a survey of US asset managers and asset owners conducted by State Street Corporation (NYSE: STT) predicts continued prevalence of digital assets as well as a bigger role in the industry for semi-transparent active ETFs.
Dec 09, 2019 11:00 am ET
State Street Names Brian Franz as Chief Information Officer
State Street Corporation, (State Street), NYSE:STT today announced that it has appointed Brian Franz to chief information officer (CIO). Franz, who joins the Company in January 2020, will report to Chief Operating Officer, Lou Maiuri and become a member of State Street’s Management Committee, its senior-most strategy and policy making group.
Dec 05, 2019 06:58 pm ET
State Street Global Advisors Announces Impact of Receiving Payment
The SPDR® Exchange Traded Funds (ETFs) listed in the table below, announced today that each Fund received a payment as an authorized claimant from a class action settlement. The SPDR S&P Oil & Gas Equipment & Services ETF (XES) received payment related to Willbros Group, Inc. (NYSE: WG)*. The SPDR S&P Regional Banking ETF (KRE) received payment related to Wilmington Trust Corporation (NYSE: WL)**.
Dec 04, 2019 09:50 am ET
Charles River Development Appoints Spiros Giannaros as President
Charles River Development, a State Street Company (NYSE: STT), today announced the appointment of Spiros Giannaros as president of Charles River Development (CRD). In this role, Giannaros will be responsible for day-to-day operations of the company including product, development, sales and services for the Charles River Investment Management Solution (
Dec 04, 2019 02:00 am ET
State Street Global Advisors Global Market Outlook 2020 – “The Only Way Out Is Through”
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT) has today published its 2020 Global Market Outlook, predicting recession will be avoided through a continuation of growth, subject to the global economy “sidestepping substantial risks” to maintain momentum.
Dec 02, 2019 09:00 am ET
LGIM Centralises Global Trading onto Charles River IMS
Charles River Development, a State Street company, today announced that Legal and General Investment Management (LGIM), one of Europe’s largest institutional asset managers, managing over £1 trillion in assets, has selected the Charles River Investment Management Solution (Charles River IMS) to streamline their glo
Nov 21, 2019 01:00 pm ET
Jim Ross, SPDR Chairman and ETF Innovator, to Retire
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), announced today that Jim Ross, chairman, Global SPDR, will be retiring from the firm at the end of March 2020 after a distinguished 27-year career.
Nov 21, 2019 08:00 am ET
State Street Corporation Announces the Final Results of the Cash Tender Offer for any and all of its Floating Rate Junior Subordinated Debentures due 2047
State Street Corporation (“State Street”) (NYSE: STT) today announced the final tender results of the previously announced cash tender offer (the “Tender Offer”) by its principal banking subsidiary, State Street Bank and Trust Company (the “Bank”), for any and all of the outstanding Floating Rate Junior Subordinated Debentures due 2047 listed in the table below (the “2047 Debentures”), which were issued by State Street. The terms of the Tender Offer are described in the Offer to Purchase, dated October 21, 2019 (
Nov 20, 2019 04:40 pm ET
State Street Global Advisors Announces Impact of Receiving Payment
The SPDR® Exchange Traded Fund (ETF) listed in the table below, announced today that it received a payment as an authorized claimant from a class action settlement related to Virtus Investment Partners, Inc. (NYSE: VRTS).
Nov 18, 2019 01:21 pm ET
State Street Expands MediaStats Offering with Macro Linkages Indicators
State Street Corporation (NYSE:STT) today announced the launch of State Street MediaStats Macro Linkages, a new set of quantitative investment insights derived from digital media. First launched in 2016 with State Street partner MKT MediaStats, LLC, the new solution collects unstructured data from tens of thousands of curated media sources in order to quantify leading indicators of market behavior with respect to price and risk across global equity and foreign exchange markets.
Nov 18, 2019 09:00 am ET
SPDR® Gold Shares, the First US Gold-backed ETF That Changed How Investors Access Gold, Celebrates 15 Years
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT) and the World Gold Council, the market development organization for the gold industry, this week celebrates the anniversary of the first US exchange traded fund (ETF) backed entirely by physical gold, SPDR® Gold Shares (Symbol: GLD®).
Nov 14, 2019 04:15 pm ET
State Street Announces President & Chief Executive Officer and Chief Financial Officer to Participate in the Goldman Sachs US Financial Services Conference
State Street Corporation (NYSE:STT) announced today that its President & Chief Executive Officer, Ron O’Hanley, and its Chief Financial Officer, Eric Aboaf, will participate in the Goldman Sachs US Financial Services Conference in New York on Wednesday, December 11, 2019 at 9:20 AM ET.
Nov 13, 2019 07:20 pm ET
State Street Global Advisors Announces Impact of Receiving Payment
The SPDR® Exchange Traded Funds (ETFs) listed in the table below, announced today that each Fund received a payment as an authorized claimant from a class action settlement related to Petroleo Brasileiro S.A. - Petrobras (NYSE: PBR).
Nov 13, 2019 10:00 am ET
State Street Named Servicing Provider for Avantis Investors’ Inaugural ETFs
State Street Corporation (NYSE: STT) today announced that it has been appointed by Avantis Investors, a new unit within American Century Investments, to provide a range of broad ETF services for its five newly launched low-cost funds. Services will include basket creation, custody, accounting, transfer agency and fund administration.
Nov 06, 2019 10:00 am ET
State Street Announces Strategic Partnership with FactSet to Distribute MediaStats
State Street Corporation (State Street) NYSE: STT and FactSet (NYSE:
Nov 06, 2019 09:22 am ET
State Street Corporation Declares Dividends on its Non-Cumulative Perpetual Preferred Stock Series “C,” “D,” “G,” and “H”
State Street Corporation (NYSE:STT) today announced cash dividends on each of the below outstanding series of non-cumulative perpetual preferred stock:
Nov 06, 2019 09:21 am ET
State Street Corporation Announces Additional Capital Action with Full Redemption of Non-Cumulative Perpetual Preferred Stock Series “E”
State Street Corporation (NYSE:STT) today announced that it will redeem all of its outstanding shares of non-cumulative perpetual preferred stock Series E (represented by depositary shares, each representing a 1/4000th interest in a share of Series E preferred stock)(the “Redemption”) on December 15, 2019 (the “Redemption Date”), for cash at a redemption price of $100,000 per share (equivalent to $25.00 per depositary share) plus all dividends that have been declared but not paid up to but not including the Redemption Date.
Nov 04, 2019 04:17 pm ET
State Street Corporation Announces Results of Its 2019 Mid-Cycle Stress Test
State Street Corporation (NYSE:STT) today announced the results of its 2019 mid-cycle stress test, consistent with section 165 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The results are based on State Street’s internally developed severely adverse scenario and incorporate prescribed Dodd-Frank capital actions.
Nov 04, 2019 08:00 am ET
State Street Bank and Trust Company Announces the Early Results of the Cash Tender Offer for Any and All of State Street Corporation’s Floating Rate Junior Subordinated Debentures Due 2047
State Street Corporation (“State Street”) (NYSE: STT) today announced that, pursuant to the previously announced cash tender offer (the “Tender Offer”) by its principal banking subsidiary, State Street Bank and Trust Company (the “Bank”) for any and all of the outstanding Floating Rate Junior Subordinated Debentures due 2047 listed in the table below (the “2047 Debentures”), which were issued by State Street, approximately $289.8 million in aggregate principal amount of the 2047 Debentures were validly tendered a
Nov 01, 2019 12:27 pm ET
Charles River Wins Best Integrated Front Office Platform at Buy-Side Technology Awards
Charles River Development, a State Street Company, today announced that the Charles River Investment Management Solution (Charles River IMS) was awarded “Best Integrated Front Office Platform” by WatersTechnology Buy-Side Technology Awards 2019. The awards seek to recognize the leading buy-side technology vendors and service providers in their area of expertise. Finalists are selected by WatersTechnology journalists and consultants.
Oct 29, 2019 08:42 am ET
State Street Announces Chief Financial Officer to Participate in the BancAnalyst Association of Boston Conference
State Street Corporation (NYSE:STT) announced today that its Chief Financial Officer, Eric Aboaf, will participate in the BancAnalyst Association of Boston Conference in Boston on Thursday, November 7, 2019 at 10:40 AM ET.
Oct 21, 2019 07:29 am ET
State Street Bank and Trust Company Launches Cash Tender Offer For Any and All of State Street Corporation’s Floating Rate Junior Subordinated Debentures Due 2047
State Street Corporation (“State Street”) (NYSE: STT) today announced the commencement of a cash tender offer (the “Tender Offer”) by its principal banking subsidiary, State Street Bank and Trust Company (the “Bank”) for any and all of the outstanding Floating Rate Junior Subordinated Debentures due 2047 listed in the table below (the “2047 Debentures”), which were issued by State Street.
Oct 18, 2019 07:30 am ET
State Street Reports Third-quarter 2019 EPS of $1.42 Per Share; $1.51 Per Share Excluding Notable Items(a)
Ron O'Hanley, President and Chief Executive Officer : "We are encouraged by the continued stabilization in servicing fees seen in the third quarter and believe the actions we've taken to date, including the upgrade of our client coverage program, improved client service results, and strengthened pricing discipline are having an impact. Despite an uncertain revenue environment, we saw sequential fee revenue growth in FX trading services in our Global Markets business and strong NII. Our strong performance under the 2019 CCAR stress test allowed us to increase our quarterly divi
Oct 16, 2019 02:00 pm ET
Charles River Awarded Best Fixed Income EMS/OMS Provider
Charles River Development, a State Street Company, today announced that the Charles River Investment Management Solution (Charles River IMS) was awarded “Best EMS/OMS Provider – Fixed Income” by Fund Intelligence Operations and Services Awards 2019.
Oct 10, 2019 08:45 am ET
State Street Launches Direct Access Lending, a Managed Peer-to-Peer Securities Finance Product
State Street Corporation (NYSE: STT) today announced the launch of Direct Access Lending, a securities finance product that enables direct, principal loans between its lending clients and its borrowing clients. The new managed peer-to-peer product will leverage the size and strength of State Street’s Agency Lending and Enhanced Custody programs, and underscores a continued focus on aligning solutions and technology across State Street to help clients achieve their objectives.
Oct 09, 2019 06:38 pm ET
State Street Global Advisors Announces Impact of Receiving Payment
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced that the SPDR® Exchange Traded Fund (ETF) listed in the table below received a payment as an authorized claimant from a class action settlement related to Juno Therapeutics, Inc.* securities litigation.
Oct 03, 2019 02:15 pm ET
State Street Hires Asset Servicing Expert to Strengthen Asset Owner Team
State Street Corporation (NYSE: STT) today announced that Robert “Bob” Dollard has been named the head of US Asset Owner Relationship Management. Dollard joined State Street on September 4 and reports to Rob Baillie, head of North American Asset Owners.
Sep 30, 2019 06:45 am ET
Charles River and Tradeweb Expand Multi-Asset Trading Collaboration
Charles River Development, a State Street Company, and Tradeweb Markets Inc. (Nasdaq: TW), a leading global operator of electronic marketplaces for rates, credit, equities and money markets today announced an expansion of their collaboration to provide mutual clients with direct access to fixed income inventory and streamlined workflows from the Charles River Investment Management Solution (
Sep 27, 2019 09:00 am ET
SPDR® Gold MiniShares Surpasses $1 Billion in Assets
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT) and the World Gold Council, the market development organization for the gold industry, today announced that assets in the SPDR Gold MiniShares Trust (NYSE: GLDM) have surpassed US $1 billion. Launched on June 26, 2018 to meet demand from investors who place a greater emphasis on a lower share price and expense ratio, GLDM has attracted $519 million of net new inflows year-to-date.1
Sep 26, 2019 04:30 pm ET
State Street Global Advisors Announces Index and Name Change for SPDR® Nuveen S&P High Yield Municipal Bond ETF
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced a change to the benchmark and name of SPDR® Nuveen S&P High Yield Municipal Bond ETF (Symbol: HYMB). The fund’s ticker symbol and annual expense ratio remain unchanged and no action is required by shareholders.
Sep 25, 2019 05:55 pm ET
Charles River Awarded Best Multi-Asset Trading System for Second Consecutive Year
Charles River Development, a State Street Company and provider of the Charles River Investment Management Solution (Charles River IMS), has been awarded “Multi-asset Trading System of the Year” for the second consecutive year by FOW and Global Investor Group. This annual awards program recognises and promotes exceptional client service
Sep 24, 2019 04:15 pm ET
State Street Corporation Announces Date for Release of Third-Quarter 2019 Financial Results and Conference Call Webcast
State Street Corporation (NYSE: STT) plans to release its third-quarter 2019 financial results on Friday, October 18, 2019. The results will be reviewed via webcast and teleconference at 10:00 a.m. EDT.
Sep 24, 2019 07:00 am ET
Charles River Announces New Appointment to Strengthen Wealth Management Practice
Charles River Development, a State Street Company, today announced that Randy Bullard has been appointed global head of Wealth Management.
Sep 23, 2019 09:00 am ET
Charles River Chooses Microsoft Azure, Microsoft Power BI, and Microsoft Teams for Enterprise Investment Management Solution
State Street Corporation, (State Street), NYSE:STT, today announced it will adopt Microsoft Azure, Microsoft’s cloud computing platform, to deploy the Charles River Investment Management Solution (Charles River IMS) on. As part of the agreement, Charles River will also incorporate Microsoft Power BI and Microsoft Teams into Charles Rive
Sep 20, 2019 08:53 am ET
State Street Appoints Marie Chandoha to its Board of Directors
State Street Corporation (NYSE:STT) today announced the appointment of Marie Chandoha to its Board of Directors as a director.
Sep 20, 2019 08:30 am ET
State Street Global Advisors Expands Low-Cost SPDR® Portfolio ETFTM Suite
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the addition of seven rebranded SPDR ETFs to the SPDR Portfolio suite. Introduced in 2017 and attracting $34.4 billion in new assets in just two years,1 the SPDR Portfolio offering now comprises 22 low-cost ETFs that provide access to a wide range of domestic and international equity and fixed income asset classes.
Sep 20, 2019 06:45 am ET
Charles River and MSCI to Provide Differentiated Risk and Portfolio Analytics
Charles River Development, a State Street Company, today announced it is collaborating with MSCI Inc. (NYSE: MSCI) to integrate MSCI Analytics capabilities with Charles River Investment Management Solution (Charles River IMS). Charles River clients will be able to use MSCI’s portfolio and risk analytics, enabling access to MSCI’s industry-leading capabilities and content in multiple asset class factor modeling, stress-testing, statistical analysis (VaR), and optimization. In addition, MSCI Analytics clients can now use Charles River IMS as their single source for portfolio and data modeling ne
Sep 19, 2019 04:15 pm ET
State Street Corporation Declares Quarterly Dividend on its Common Stock
State Street Corporation (NYSE:STT) today announced a quarterly cash dividend of $0.52 per share of common stock, payable on October 15, 2019 to common shareholders of record at the close of business on October 1, 2019. This dividend represents an increase of 11% from the common stock dividend of $0.47 per share declared in the second quarter of 2019.
Sep 19, 2019 08:45 am ET
State Street Announces Enhancements to its Multi-Asset Class Platform through Strategic Partnership with Solovis
State Street Corporation (NYSE:STT) today announced several enhancements to its data-led, fully integrated analytics solution designed specifically for asset owners. The multi-asset class platform solution will improve transparency, alleviate complexity and streamline performance tracking and regulatory reporting for clients. As a result, critical data will be provided via a single platform, enabling clients to manage, view and analyze their investment universe from one central location. The enhancements align with a strategic partnership the company has formed with Solovis, a multi-asset clas
Sep 18, 2019 05:13 pm ET
State Street Global Advisors Announces Impact of Receiving Payment
The SPDR® Exchange Traded Fund (ETF) listed in the table below, announced today that the Fund received a payment as an authorized claimant from a class action settlement related to UTI Worldwide Inc. securities litigation.
Sep 18, 2019 12:30 pm ET
State Street Executives Recognized in the 2019 HERoes Lists
State Street Corporation, (State Street) (NYSE: STT) today announced that Ron O’Hanley, president and chief executive officer, Lou Maiuri, chief operating officer, and Hannah Grove, chief marketing officer, have been named in the 2019 HERoes recognition lists, supported by Yahoo Finance. HERoes is an an
Sep 09, 2019 06:35 pm ET
State Street Global Advisors Announces Impact of Receiving Payment
The SPDR® Exchange Traded Funds (ETFs) listed in the table below, announced today that each Fund received a payment as an authorized claimant from a class action settlement related to General Motors Company (NYSE: GM).
Sep 06, 2019 04:30 pm ET
State Street Global Advisors Announces Share Splits for Four SPDR® ETFs
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced share splits on four SPDR ETFs. The splits will lower the funds’ share prices and increase the number of outstanding shares. The aggregate market value of shares outstanding will not be impacted.
Sep 05, 2019 08:00 am ET
Social Issues, Climate Change Lead State Street Global Advisors’ Asset Stewardship Agenda
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the release of its Annual Stewardship Report (link), showcasing the results of its annual stewardship activities, highlighting year-to-date progress, and identifying key focus areas into
Sep 05, 2019 07:00 am ET
Charles River and BondCliQ to Provide Corporate Bond Pricing in Charles River IMS
Charles River Development, a State Street Company, and BondCliQ today announced a collaboration that will equip clients with corporate bond pricing. The deal will provide traders and portfolio managers with pre-trade institutional price quotes for U.S. corporate fixed income securities and post-trade TRACE data directly in the Charles River Investment Management Solution (
Aug 15, 2019 11:19 am ET
State Street Provides Clients Record Access to Cleared Repo Financing
State Street Corporation (NYSE: STT), today announced that it has sponsored a record $140 billion in repo investment volumes as a result of its partnership with the Fixed Income Clearing Corporation (FICC). In 2005, State Street partnered with FICC to launch its Sponsoring/Sponsored Member Repo Program, whereby a bank netting member of the clearing house could sponsor eligible US mutual funds to clear their repos with FICC.
Aug 05, 2019 06:29 pm ET
State Street Global Advisors Announces Impact of Receiving Payment
The SPDR® Exchange Traded Funds (ETFs) listed in the table below, announced today that each Fund received a payment as an authorized claimant from a class action settlement related to BancorpSouth, Inc, (NYSE: BXS).
Aug 05, 2019 04:15 pm ET
President & Chief Executive Officer Ron O’Hanley and Chief Financial Officer Eric Aboaf to Participate in the Barclays Financial Services Conference
State Street Corporation (NYSE:STT) announced today that its President & Chief Executive Officer, Ron O’Hanley, and Chief Financial Officer, Eric Aboaf, will participate in the Barclays Global Financial Services Conference in New York on Tuesday, September 10, 2019 at 11:15 AM EDT.
Jul 31, 2019 05:57 pm ET
State Street Global Advisors Announces Impact of Receiving Payment
The SPDR® Exchange Traded Funds (ETFs) listed in the table below, announced today that each Fund received a payment as an authorized claimant from a class action settlement. The SPDR S&P Biotech ETF (XBI) received payment related to Clovis Oncology, Inc (NASDAQ: CLVS). The SPDR S&P Regional Banking ETF (KRE) received payment related to The Bancorp, Inc
Jul 23, 2019 04:15 pm ET
State Street Announces Recovery and Resolution Plan for 2019
State Street Corporation (NYSE:STT) today announced that it has filed its 2019 resolution plan.
Jul 23, 2019 09:00 am ET
Charles River and MarketAxess Expand Collaboration for Trading Connectivity Across Global Credit Markets
Charles River Development, a State Street Company, today announced an expansion of its collaboration with MarketAxess, a leader in e-trading for global fixed income. Under the expansion, global Charles River clients will be offered access to MarketAxess’ Auto-X™ and other new trading features for investment-grade credit, high-yield, emerging market debt and Eurobonds. As a result, traders and portfolio managers will be able to source liquidity directly from the
Jul 19, 2019 07:30 am ET
State Street Reports Second-Quarter 2019 EPS of $1.42 Per Share; $1.45 Per Share Excluding Notable Items(a)
Ron O'Hanley, President and Chief Executive Officer : "State Street is acting with urgency to adjust to a challenging external environment. We remain laser focused on steps we can immediately take both to improve financial performance and strengthen client service, including enhanced productivity, process re-engineering and greater resource discipline. Our 2019 expense program has delivered $175 million in savings year-to-date and we now expect to achieve a total of $400 million by year-end. On the revenue side, gross client wins were strong with almost $400 billion of new ass
Jul 18, 2019 04:15 pm ET
State Street Corporation Declares Quarterly Dividends on its Non-Cumulative Perpetual Preferred Stock Series “C,” “D,” “E,” “F,” and “G”
State Street Corporation (NYSE:STT) today announced a quarterly cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock:
Jul 17, 2019 08:00 am ET
Charles River Forms Wealth Client Advisory Board as it Marks 10 Years as Wealth Platform Provider
Charles River Development, a State Street Company, today announced the formation of a Client Advisory Board focused on wealth management. Members of the Board will serve to provide expert insight and advice on the development and enhancement of the Charles River Wealth Management Solution.
Jul 11, 2019 03:47 pm ET
State Street Releases 2018 Corporate Responsibility Report
State Street Corporation (NYSE: STT) today announced the release of its annual Corporate Responsibility (CR) report for 2018, which highlights the company’s commitment to environmental, social and governance (ESG) principals, responsible investing, diversity and inclusion and corporate citizenship.
Jul 11, 2019 09:00 am ET
Charles River IMS Wins Best Buy-Side Portfolio Management System at the Waters Rankings Awards 2019
Charles River, a State Street Company and provider of the Charles River Investment Management Solution (Charles River IMS), has been recognized as the “Best Buy-Side Portfolio Management System” at this year’s Waters Rankings awards. These annual awards promote leading vendors in their area of expertise and are selected ex
Jul 10, 2019 09:00 am ET
Charles River Development Global Client Conference to Feature Prominent Speaker Line-up
Charles River Development, a State Street Company, today announced that the Charles River Global Client Conference 2019 will be held on Monday, September 23rd through Thursday, September 26th at the Boston Park Plaza Hotel. The conference, which will give clients ideas and insights for new and improved ways to leverage the Charles River Investment Management Solution, will house more than 50+ cross-disciplinary sessions, and offer one-on-one consultation in the demo center and a showcase of technology partners.
Jul 08, 2019 10:00 am ET
State Street Appoints Head of its Business in UK, Europe, Middle East and Africa
State Street Corporation (NYSE:STT) today announced that it has appointed Jörg Ambrosius as head of its UK, Europe, Middle East and Africa (EMEA) business. Ambrosius, an 18-year State Street veteran will report to Francisco Aristeguieta, the newly appointed head of State Street’s international business. Ambrosius will succeed Liz Nolan who was named head of State Street’s Global Delivery team, managing global operations and infrastructure, earlier this year. Ambrosius will also serve on State Street’s Management Committee, its senior-most strategy and policy making group. Ambrosius’s appointme
Jul 02, 2019 09:05 am ET
State Street Announces Name and Ticker Changes for Six SPDR ETFs
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), announced recent changes to the names and ticker symbols of six SPDR ETFs designed to provide investors with exposure to companies whose innovative products and services are fueling the new economy. No action is required by current shareholders as a result of these changes.
Jul 02, 2019 08:15 am ET
State Street Global Advisors Launches Its First ESG Money Market Fund
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the launch of the State Street ESG Liquid Reserves Fund (the “Fund”) which seeks to apply financially material environmental, social, and governance (ESG) scores to the management of the Fund. The Fund is the first money market fund to offer a portfolio composed entirely of investments that meet ESG criteria at the time of purchase.
Jun 27, 2019 04:33 pm ET
State Street Corporation Announces Planned Increase to its Quarterly Common Stock Dividend to $0.52 per Share and an Authorization to Purchase up to $2 Billion of its Common Stock
State Street Corporation (NYSE:STT) today announced that the Federal Reserve did not object to the Company's capital plan, reviewed as part of the 2019 Comprehensive Capital Analysis and Review (CCAR) process. The capital plan includes a proposed common stock dividend increase and a new common stock purchase program.
Jun 26, 2019 04:15 pm ET
State Street Corporation Announces Date for Release of Second-Quarter 2019 Financial Results and Conference Call Webcast
State Street Corporation (NYSE: STT) plans to release its second-quarter 2019 financial results on Friday, July 19, 2019. The results will be reviewed via webcast and teleconference at 10:00 a.m. EDT.
Jun 24, 2019 07:00 am ET
State Street Global Advisors Release Mid-Year Global Market Outlook: Look Beyond the Noise as Cycle Extends
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT) has today published its 2019 Mid-Year Global Market Outlook, providing a medium-term forecast for global markets. While trade risks have come sharply into focus in recent months, we continue to see room for moderate global economic growth given the Fed’s more accommodative policy stance.
Jun 21, 2019 04:33 pm ET
State Street Corporation Releases Results of its 2019 Dodd-Frank Annual Stress Test (DFAST)
State Street Corporation (NYSE:STT) today released the results of its 2019 annual stress test. Consistent with section 165 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the results are based on the supervisory severely adverse scenario and incorporate prescribed Dodd-Frank capital actions. State Street, like other institutions covered by the provisions of section 165 of the Dodd-Frank Act, is required to conduct company-run stress tests semi-annually under its own methodology and to disclose summary results of those company-run stress tests under the severely adverse scenar
Jun 14, 2019 02:52 pm ET
State Street Joins Global Leaders to Address Climate Change Risk at Vatican Gathering
State Street Corporation (NYSE: STT), (State Street), today announced that it has signed Participant Statements on Climate Risk Disclosures and Carbon Pricing following the “Energy Transition and Care for Our Common Home” summit hosted by the Vatican’s Dicastery for Promoting Integral Human Development and the University of Notre Dame.
Jun 13, 2019 05:50 pm ET
State Street Global Advisors Announces Impact of Receiving Payment
The SPDR® Exchange Traded Fund (ETF) listed in the table below, announced today that the Fund received a payment as an authorized claimant from a class action settlement related to Salix Pharmaceuticals, Ltd * (NYSE: BHC) securities litigation.
Jun 11, 2019 08:30 am ET
State Street Announces Intent to be Appointed Provider of Front-to-Back Investment Servicing Platform to Lazard Asset Management
State Street Corporation (NYSE:STT) today announced that it has entered into a letter of intent with Lazard Asset Management LLC (“LAM”) which, subject to entering into definitive agreements, will result in LAM adopting State Street’s Front-to-Back investment servicing platform.
Jun 05, 2019 01:45 pm ET
State Street Appoints Spiros Giannaros as Head of Platform Strategies
State Street Corporation (NYSE:STT) today announced the appointment of Spiros Giannaros as Executive Vice President, Head of Platform Strategies. In this newly created role, Giannaros will be responsible for ensuring an integrated and coordinated approach between the firm’s product offerings, its front-to-back platform development and the data that it manages. He will report to Lou Maiuri, chief operating officer.
Jun 04, 2019 09:04 am ET
State Street Strengthens Asset Owner Servicing Team with Senior Appointment
State Street Corporation (NYSE: STT) today announced it has appointed Rob Baillie as head of its Asset Owner Business team for North America. Baillie assumes this newly created leadership role in addition to his current responsibilities leading State Street’s businesses in Canada, where the company is the leading servicer of pension funds and asset managers. Baillie will report to John Lehner, State Street’s head of global services and its global asset management segment.
Jun 04, 2019 09:00 am ET
Charles River Development to Speak at Upcoming Fixed Income Leaders Summit
Charles River Development, a State Street Company, today announced that it will be attending the Fixed Income Leaders Summit, June 18-19, 2019 at the Philadelphia 201 Hotel. This annual event brings together industry thought leaders to address and discuss challenges affecting both the buy side and fixed i
Jun 03, 2019 06:01 pm ET
State Street Global Advisors Announces Impact of Receiving Payment
The SPDR® Exchange Traded Fund (ETF) listed in the table below, announced today that the Fund received a payment as an authorized claimant from a class action settlement related to Ocwen Financial Corporation (NYSE: OCN) securities litigation.
May 31, 2019 09:00 am ET
State Street Receives Industry Award for Excellence in Data Governance
State Street Corporation (NYSE: STT), one of the world's leading providers of financial services to institutional investors, today announced that State Street Global Exchange was recognized for excellence in data management and governance by Inside Market Data and Inside Reference Data. The 17th annual awards ceremony named DataGX, as the “Best Data Governance Solution.” This year’s Inside M
May 29, 2019 04:15 pm ET
State Street Announces Chief Operating Officer to Participate in the Morgan Stanley 10th Annual Financials Conference
State Street Corporation (NYSE:STT) announced today that Lou Maiuri, Chief Operating Officer and Eric Aboaf, Chief Financial Officer, will participate in the Morgan Stanley 10th Annual Financials Conference in New York on Tuesday, June 11, 2019 at 11:00 ET.
May 21, 2019 09:00 am ET
Charles River and Neptune Networks Announce Strategic Collaboration to Provide Fixed Income Inventory Data to Buy-side
Charles River Development, a State Street Company, and Neptune Networks Ltd. (Neptune), today announced a strategic collaboration that will provide buy-side clients of Charles River’s Order and Execution Management System (OEMS) with aggregated, real-time fixed income axes and inventory. Neptune provides technology solutions that enable real-time connectivity and deliver high-quality bond market data from sell-side banks to buy-side clients.
May 15, 2019 05:00 pm ET
State Street Appoints Amelia Fawcett as Independent Lead Director
State Street Corporation (NYSE:STT) today announced that its Board of Directors has appointed Amelia Fawcett as independent Lead Director following its annual review of its governance structure.
May 15, 2019 04:15 pm ET
State Street Corporation Declares Dividends on its Common Stock and Non-Cumulative Perpetual Preferred Stock Series “C,” “D,” “E,” “G,” and “H”
State Street Corporation (NYSE:STT) today announced a quarterly cash dividend of $0.47 per share of common stock, payable on July 16, 2019 to common shareholders of record at the close of business on July 1, 2019.
Apr 29, 2019 09:37 am ET
State Street Global Advisors Launches New Initiative to Educate Investors on the Potential Benefits of ETF Liquidity
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT) and creator of the world’s first ETFs,1 today launched a new initiative aimed at educating investors about the importance of ETF liquidity. The integrated program, which will include thought leadership, social media promotion and advertising, launched across the US today and is expected to run through the fourth quarter.
Apr 26, 2019 04:30 pm ET
State Street Global Advisors Announces Planned Change to SPDR® ETF Lineup
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced plans to close and liquidate the SPDR® MSCI China A Shares IMI ETF (XINA) based on an ongoing review of the SPDR® ETF offering and listening to client feedback.
Apr 17, 2019 05:16 pm ET
State Street Global Advisors Announces Impact of Receiving Payment
The SPDR® Exchange Traded Fund (ETF) listed in the table below, announced today that the Fund received a payment as an authorized claimant from a class action settlement related to Akorn, Inc (NASDAQ: AKRX) securities litigation.
Apr 16, 2019 08:45 am ET
New Research: Key Drivers of Growth for Ironwood Pharmaceuticals, State Street, CMS Energy, Virtus Investment Partners, Capstone Turbine, and UROGEN PHARMA — Factors of Influence, Major Initiatives an
In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders, and shareholders of Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD), State Street Corporation...
Apr 14, 2019 04:30 pm ET
State Street Appoints Francisco Aristeguieta to Lead Its International Business
State Street Corporation, (State Street), NYSE:STT today announced that it has appointed Francisco Aristeguieta to chief executive officer for its international business. Aristeguieta, who joins the company in July, will report to State Street president and CEO, Ron O’Hanley and become a member of the Company’s Management Committee, its senior-most strategy and policy making group.
Apr 03, 2019 08:00 am ET
State Street Global Advisors Launches Two Sector Rotation SPDR ETFs
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the launch of two actively-managed, sector rotation SPDR ETFs with tactical allocation strategies. The SPDR SSGA US Sector Rotation ETF (XLSR) and SPDR SSGA Fixed Income Sector Rotation ETF (FISR) are managed by the firm’s Investment Solutions Group (ISG). ISG is comprised of more than 75 strategists, analysts and portfolio managers overseeing more than $266 billion in assets for investors including the world’s leading central
Apr 02, 2019 05:00 am ET
Söderberg & Partners Selects Charles River IMS to Streamline and Consolidate Investment Management Processes
Söderberg & Partners, a leading Nordic advisor and distributor of insurance and financial products, has selected the Charles River Investment Management Solution (Charles River IMS) to improve its investment servicing offering.
Mar 28, 2019 08:10 am ET
State Street Corporation’s First-Quarter 2019 Financial Results Conference Call and Webcast Now Scheduled for 8:30 a.m. on April 23
State Street Corporation (NYSE:STT) announced a new time for its first-quarter 2019 financial results webcast and teleconference. The results will be released as planned on Tuesday, April 23, 2019 and reviewed via webcast and teleconference at 8:30 a.m. EDT, instead of 10:00 a.m. EDT, on the same date.
Mar 26, 2019 04:15 pm ET
State Street Corporation Announces Date for Release of First-Quarter 2019 Financial Results and Conference Call Webcast
State Street Corporation (NYSE: STT) plans to release its first-quarter 2019 financial results on Tuesday, April 23, 2019. The results will be reviewed via webcast and teleconference at 10:00 a.m. EDT.
Mar 21, 2019 09:00 am ET
Charles River to Provide Scalable, Enterprise-Wide Operational Support Solution for Morningstar’s Investment Management Group
Charles River Development, a State Street company, today announced that Morningstar’s Investment Management group, a leading provider of discretionary investment management and advisory services, and subsidiary of Morningstar, Inc., has selected the Charles River Investment Management Solution (Charles R
Mar 21, 2019 09:00 am ET
State Street Receives Industry Awards for Client Service and Technology Excellence in Enterprise Market Risk Management
State Street Corporation (NYSE: STT), one of the world's leading providers of financial services to institutional investors, today announced that State Street Global Exchange® has been recognized for its excellence in client service, technology and analytical techniques by Celent, a research, advisory and consulting firm focused on financial services technology. Celent is a division of the Oliver Wyman Group, which is a wholly-owned subsidiary of Marsh & McLennan Companies.
Mar 14, 2019 09:30 am ET
State Street Announces ESG-Focused Partnership with Professor George Serafeim of Harvard Business School
State Street Corporation (NYSE: STT) today announced a new partnership with George Serafeim, professor of Business Administration at Harvard Business School, to advance its research agenda in Environmental, Social and Governance (ESG) investing on behalf of its clients. Widely published and recently recognized by
Mar 14, 2019 07:35 am ET
State Street Company Charles River Development and Axioma Announce Partnership to Expand Portfolio and Risk Analytics in Charles River IMS
State Street Corporation, (State Street), NYSE:STT today announced that Charles River Development, a State Street Company, and Axioma, the leading provider of enterprise risk management, portfolio management and regulatory reporting solutions, today announced a formalized strategic partnership. The partnership will integrate Axioma’s risk and portfolio analytics into the Charles River Investment Management Solution (
Mar 13, 2019 04:09 pm ET
CORRECTING and REPLACING State Street Global Advisors Continues to Strengthen its High Yield Fixed Income ETF Offering
Please replace the release dated March 1, 2019 with the following corrected version due to multiple revisions.
Mar 07, 2019 09:00 am ET
Charles River Development Honored at the 2019 Fund Technology and WSL Awards
Charles River Development, a State Street Company, today announced that the Charles River Investment Management Solution (Charles River IMS), was awarded “Best Trading Platform - Overall,” by
Mar 05, 2019 07:11 am ET
Fearless Girl Campaign Comes to London
State Street Global Advisors, the asset management business of State Street Corpor
Feb 27, 2019 08:46 am ET
State Street Names Lou Maiuri as its Chief Operating Officer
State Street Corporation, (State Street), NYSE:STT today announced that its board of directors has appointed Lou Maiuri, previously head of State Street’s Global Markets and Exchange businesses, to the role of Chief Operating Officer. In this capacity, he will have overarching responsibility for State Street’s IT, Global Delivery, Global Exchange, Charles River Development and Product teams. Maiuri will continue to serve on State Street’s Management Committee and report to President and CEO Ron O’Hanley.
Feb 26, 2019 09:00 pm ET
MFC Asset Management Public Company Limited Enhances Front and Middle Office Investment Processes with Charles River IMS
MFC Asset Management Public Company Limited (MFC), a Thailand-based asset manager with major shareholders including the Ministry of Finance and Government Savings Bank, has adopted major new portfolio management capabilities in the Charles River Investment Management Solution (Charles River IMS) for its mut
Feb 25, 2019 08:30 am ET
Analysis: Positioning to Benefit within Infosys, QUALCOMM, Zayo Group, Prologis, State Street, and Fabrinet — Research Highlights Growth, Revenue, and Consolidated Results
In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders, and shareholders of Infosys Limited (NYSE:INFY), QUALCOMM Incorporated (NASDAQ:QCOM), Zayo Group...
Feb 21, 2019 04:15 pm ET
State Street Corporation Declares Quarterly Dividend on its Common Stock
State Street Corporation (NYSE: STT) today announced a quarterly cash dividend of $0.47 per share of common stock of State Street Corporation. The dividend is payable on April 15, 2019 to common shareholders of record at the close of business on April 1, 2019.
Feb 19, 2019 08:00 pm ET
Nomura Asset Management Co., Ltd. Transitions to Cloud-Based Charles River IMS
Nomura Asset Management Co., Ltd. (NAM), an internationally recognised asset manager with approximately 53 trillion Yen AUM** based in Tokyo, Japan, is now live on cloud-based services for the Charles River Investment Management Solution (Charles River IMS) across multiple continents and asset classes inclu
Feb 19, 2019 04:15 pm ET
State Street Announces Chief Financial Officer to Participate in the 6th Annual Bernstein Financials Summit Co-hosted by Autonomous Research
State Street Corporation (NYSE: STT) announced today that its Chief Financial Officer, Eric Aboaf, will participate in the 6th Annual Bernstein Financials Summit Co-hosted by Autonomous Research in Boston on Thursday, March 7, 2019 at 9:30 am EST.
Feb 13, 2019 06:00 am ET
RWC Partners Selects Charles River IMS to Centralise Investment Management Processes
RWC Partners, a privately owned asset management company headquartered in London, has selected the Charles River Investment Management Solution (
Jan 31, 2019 04:15 pm ET
State Street Announces Head of Global Services and Chief Financial Officer to Participate in the Credit Suisse 20th Annual Financial Services Forum
State Street Corporation (NYSE:STT) announced today that its Head of Global Services, Andrew Erickson, and its Chief Financial Officer, Eric Aboaf, will participate in the Credit Suisse 20th Annual Financial Services Forum in Florida on Tuesday, February 12, 2019 at 11:20 EST.
Jan 23, 2019 10:02 am ET
State Street Announces New Boston Flagship Headquarters
State Street Corporation (NYSE: STT) today announced that in 2023, its new global headquarters in Boston will be One Congress Tower (One Congress). To be located at Bulfinch Crossing – a major redevelopment project in downtown Boston which will create six new high-rise and mid-rise buildings – One Congress will break ground in the summer of 2019.
Jan 18, 2019 07:30 am ET
State Street Reports Fourth-Quarter 2018 EPS of $1.04; EPS $1.68 Excluding Notable Items(a)
In announcing today's financial results, Ronald O'Hanley, President and Chief Executive Officer, said "Over the course of 2018, I have engaged with State Street’s stakeholders including our investors, clients, employees and regulators. I have also led a reexamination of our Investment Servicing and Investment Management strategies. State Street has strong client relationships, unique assets and is well-positioned in attractive, high-growth markets. While we have made progress on our technology transformation, much remains to be done and we are n
Jan 17, 2019 04:15 pm ET
State Street Corporation Declares Dividends on its Non-Cumulative Perpetual Preferred Stock Series “C,” “D,” “E,” “F,” and “G”
State Street Corporation (NYSE:STT) today announced a cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock:
Jan 16, 2019 04:45 pm ET
Charles River Development Announces Founding Members of the Charles River Development Client Advisory Board
Charles River Development, a State Street Company, today announced that 16 investment management firms have signed on to become founding members of its Charles River Development Client Advisory Board. The Client Advisory Board will be a forum for Charles River Development (CRD) clients to provide input and advice regarding industry developments and CRD’s strategic product and services direction.
Jan 16, 2019 04:38 pm ET
State Street Announces Founding Members of the Charles River Development Client Advisory Board
State Street Corporation (NYSE: STT) today announced that 16 investment management firms have signed on to become founding members of its Charles River Development Client Advisory Board. The Client Advisory Board will be a forum for Charles River Development (CRD) clients to provide input and advice regarding industry developments and CRD’s strategic product and services direction.
Jan 10, 2019 09:00 am ET
Charles River and AcadiaSoft Form Business Alliance to Expand STP Support for OTC and Exchange Traded Derivatives
Charles River Development, a State Street Company, and AcadiaSoft Inc. have announced a business alliance to automate communication of margin calls and collateral estimates between counterparties in the Charles River Investment Management Solution (Charles River IMS) for OTC and exchange-traded derivatives.
Jan 09, 2019 09:00 am ET
Charles River and Liquidnet Expand Multi-Asset Capabilities with Fixed Income Matching and Advanced Equity Trading Capabilities
Charles River Development, a State Street Company, and Liquidnet have expanded their partnership, enabling fixed income and enhancing equity trade blotter sweep capabilities within the Charles River Investment Management Solution (Charles River IMS). The cross-asset capabilities augment Liquidnet and
Jan 08, 2019 05:30 pm ET
State Street Global Advisors Announces Impact of Receiving Payment
The SPDR® Exchange Traded Fund (ETF) listed in the table below, announced today that the Fund received a payment as an authorized claimant from a class action settlement related to MF Global Holdings Ltd. securities litigation.
Jan 07, 2019 09:00 am ET
The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of Common Stock of State Street Corporation -- STT
The Rosen Law Firm, P.A. announces that the United States District Court District of Massachusetts has approved the following announcement of a proposed class action settlement that would benefit purchasers of common stock of State Street...
Jan 04, 2019 04:15 pm ET
State Street Corporation Announces Date for Release of Fourth-Quarter 2018 Financial Results and Conference Call Webcast
State Street Corporation (NYSE:STT) plans to release its fourth-quarter 2018 financial results on Friday, January 18, 2019. The results will be reviewed via webcast and teleconference at 10:00 a.m. EST.
Jan 03, 2019 07:20 am ET
Analysis: Positioning to Benefit within Roku, Watsco, State Street, Federated Investors, Civeo, and Midstates Petroleum — Research Highlights Growth, Revenue, and Consolidated Results
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Roku, Inc. (NASDAQ:ROKU), Watsco, Inc. (NYSE:WSO), State Street...
Dec 28, 2018 08:00 am ET
State Street Global Advisors Announces Index Change for SPDR Nuveen Bloomberg Barclays Municipal Bond ETF
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced a change to the benchmark of the SPDR Nuveen Bloomberg Barclays Municipal Bond ETF (Symbol: TFI). The fund’s name, ticker symbol and annual expense ratio remain unchanged and no action is required by shareholders.
Dec 13, 2018 04:15 pm ET
State Street Corporation Declares Quarterly Dividend on its Common Stock
State Street Corporation (NYSE:STT) today announced a quarterly cash dividend of $0.47 per share of common stock, payable on Wednesday, January 16, 2019 to common shareholders of record at the close of business on Wednesday, January 2, 2019.
Dec 10, 2018 07:00 am ET
State Street Appoints Donna M. Milrod as Head of Global Clients Division
State Street Corporation (NYSE: STT) announced today the appointment of Donna M. Milrod to lead a newly formed Global Clients Division, focused on delivering cross-enterprise solutions and insights to the company’s global and most complex clients. Milrod reports to Andrew Erickson, head of State Street’s Gl
Dec 04, 2018 05:03 pm ET
State Street Global Advisors Announces Impact of Receiving Payment
The SPDR® Exchange Traded Fund (ETF) listed in the table below, announced today that the Fund received a payment as an authorized claimant from a class action settlement related to CVB Financial Corp (NASDAQ: CVBF).
Dec 04, 2018 07:55 am ET
Recent Analysis Shows Virtusa, CenturyLink, J. C. Penney, L Brands, State Street, and Sysco Market Influences — Renewed Outlook, Key Drivers of Growth
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Virtusa Corporation (NASDAQ:VRTU), CenturyLink, Inc. (NYSE:CTL), J. C....
Nov 29, 2018 05:20 pm ET
State Street Announces President & Chief Operating Officer and Chief Financial Officer to Participate in the Goldman Sachs US Financial Services Conference
State Street Corporation (NYSE:STT) announced today that its President & Chief Operating Officer, Ron O’Hanley, and its Chief Financial Officer, Eric Aboaf, will participate in the Goldman Sachs US Financial Services Conference in New York on Wednesday, December 5, 2018 at 10:00 AM ET. Mr. O’Hanley will be providing a strategic update and Mr. Aboaf will join him for questions.
Nov 28, 2018 09:15 am ET
State Street Global Advisors’ 2019 Global Market Outlook: US Shines Brightest, But Prepare to Pivot as Opportunities Shift
State Street Global Advisors, the asset management arm of State Street Corporation (NYSE: STT), today released its Global Market Outlook for 2019 – Not Over Until It’s Over. While mindful of the risks to the longest bull equity market in history, State
Nov 21, 2018 05:25 pm ET
State Street Global Advisors Announces Impact of Receiving Payment
The SPDR® Exchange Traded Fund (ETF) listed in the table below, announced today that the Fund received a payment as an authorized claimant from a class action settlement related to Marvell Technology Group LTD., Inc. (NYSE: MRVL).
Nov 09, 2018 05:37 pm ET
State Street Global Advisors Announces Impact of Receiving Payment
The SPDR® Exchange Traded Funds (ETF) listed in the table below, announced today that the Funds received a payment as an authorized claimant from a class action settlement related to Merck & Co., Inc. (NYSE: MRK).
Nov 01, 2018 04:15 pm ET
State Street Corporation Announces Results of Its 2018 Mid-Cycle Stress Test
State Street Corporation (NYSE:STT) today announced the results of its 2018 mid-cycle stress test, consistent with section 165 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The results are based on State Street’s internally developed severely adverse scenario and incorporate prescribed Dodd-Frank capital actions.
Oct 31, 2018 04:20 pm ET
State Street Announces Chief Financial Officer to Participate in the BancAnalyst Association of Boston Conference
State Street Corporation (NYSE:STT) announced today that its Chief Financial Officer, Eric Aboaf, will participate in the BancAnalyst Association of Boston Conference in Boston on Thursday, November 8, 2018 at 2:05 PM ET.
Oct 31, 2018 04:15 pm ET
State Street Announces Head of Global Markets and Front Office Solutions and Chief Financial Officer to Participate in the Bank of America Merrill Lynch Future of Financials Conference
State Street Corporation (NYSE:STT) announced today that its Head of Global Markets and Front Office Solutions, Lou Maiuri, and Chief Financial Officer, Eric Aboaf, will participate in the Bank of America Merrill Lynch Future of Financials Conference in New York on Monday, November 5, 2018 at 1:40 PM ET.
Oct 30, 2018 03:10 pm ET
State Street Global Exchange Private Equity Index Rebounds with a 3.99 Percent Return in the Second Quarter of 2018
The State Street Global Exchange® Private Equity Index (GXPEI) posted its second highest quarterly return of the past two years at 3.99 percent in the second quarter of 2018. The venture capital category held its lead for the second quarter in a row with a 4.64 percent gain, followed closely by buyout funds with a 4.18 percent return; but private debt lagged behind with a 1.90 percent return for the quarter.
Oct 30, 2018 09:29 am ET
State Street Global Advisors Launches the SPDR Bond Compass
State Street Global Advisors (SSGA), the asset management arm of State Street Corporation (NYSE: STT), announced today the launch of the SPDR Bond Compass, a quarterly publication intended to provide investment professionals with quality data and investment outlooks, which they can use to engage their clients on fixed income investment strategies.
Oct 25, 2018 08:45 am ET
Market Trends Toward New Normal in Alleghany, Veeva, State Street, Starbucks, AmerisourceBergen, and NxStage Medical — Emerging Consolidated Expectations, Analyst Ratings
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Alleghany Corporation (NYSE:Y), Veeva Systems Inc. (NYSE:VEEV), State...
Oct 23, 2018 09:20 am ET
State Street Global Advisors Expands Sector Offerings With Launch of Three New Economy SPDR Kensho ETFs
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the expansion of its New Economy sector ETF lineup with the launch of the SPDR Kensho New Economies Composite ETF (KOMP), SPDR Kensho Clean Power ETF (XKCP) and SPDR Kensho Final Frontiers ETF (XKFF). The new ETFs, which track proprietary index methodologies developed by Kensho Technologies, an award-winning machine intelligence company, are designed to provide investors with cost efficient, diversified access to the potential
Oct 19, 2018 07:00 am ET
State Street Reports Third-Quarter 2018 EPS of $1.87, up 13%, and ROE of 14%, up 1 Percentage Point, Compared to 3Q17
In announcing today’s financial results, Joseph L. Hooley, State Street’s Chairman and Chief Executive Officer, said, "Our third-quarter and year-to-date results reflect solid performance demonstrated by EPS growth of 13% and 24% compared to 3Q17 and the 2017 year-to-date period, respectively. Our new business remains strong as evidenced by $300 billion in new asset servicing commitments in the third quarter and $1.8 trillion year-to-date."
Oct 18, 2018 06:43 pm ET
State Street Corporation Declares Dividends on its Non-Cumulative Perpetual Preferred Stock Series “C,” “D,” “E,” “G,” and “H”
State Street Corporation (NYSE:STT) today announced cash dividends on each of the below outstanding series of non-cumulative perpetual preferred stock:
Oct 11, 2018 01:21 pm ET
State Street Global Advisors Defines the Formula for Retirement Happiness
State Street Global Advisors, the asset management arm of State Street Corporation (NYSE: STT), announced today that it has defined a ‘formula for retirement happiness.’
Oct 04, 2018 12:54 pm ET
Charles River Previews Future Vision with State Street to Clients
Charles River Development (Charles River), a State Street Company and provider of the Charles River Investment Management Solution (Charles River IMS), held its 2018 EMEA Client Conference this week in London. More than 170 attendees representing over 40 firms from 14 countries participated in the event, the
Oct 02, 2018 10:00 am ET
State Street Releases New ESG Thought Leadership and a ‘Values Discovery Tool’ to Help Advisors Reframe the ESG Conversation
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today released a new report, detailing how advisors can overcome the key challenges slowing the adoption of environmental, social and governance (ESG) investment strategies. To coincide with the release of the report, State Street’s Center for Applied Research (CAR) released a new values discovery benchmarking tool that is designed to help gauge an individual investor’s level of interest and commitment to
Oct 01, 2018 07:23 am ET
State Street Completes Acquisition of Charles River Development
State Street Corporation (NYSE: STT) today announced that it has completed its acquisition of Charles River Systems, Inc. (Charles River Development). The combination of State Street and Charles River Development will enable the industry’s first-ever global interoperable platform connecting the front, middle and back office with one provider. This platform, supported by deep enterprise data management capabilities, will accelerate investment workflows, provide advanced data aggregation, analytics and compliance tools, and connect and exch
Sep 27, 2018 09:16 am ET
State Street Global Advisors Reports Fearless Girl’s Impact: More than 300 Companies Have Added Female Directors
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced its latest impact figures for the Fearless Girl campaign, demonstrating continued progress for the firm’s gender diversity asset stewardship programs in the US, UK, Australia, Japan Canada and continental Europe.
Sep 25, 2018 10:04 am ET
State Street Expands MediaStats Range of Indicators
State Street Corporation (NYSE:STT) today announced the addition of two new macro indicators, focused on currencies and countries, to its range of State Street MediaStats Indicators®. First launched in 2016 w
Sep 25, 2018 07:30 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within Pentair plc, Albireo Pharma, Cardlytics, New Oriental Education & Technology Group, State Street, and Axis Capital — New Research Em
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Pentair plc (NYSE:PNR), Albireo Pharma, Inc. (NASDAQ:ALBO), Cardlytics,...
Sep 24, 2018 04:15 pm ET
State Street Corporation Announces Date for Release of Third-Quarter 2018 Financial Results and Conference Call Webcast
State Street Corporation (NYSE:STT) plans to release its third-quarter 2018 financial results on Friday, October 19, 2018. The results will be reviewed via webcast and teleconference at 9:30 a.m. EDT.
Sep 20, 2018 05:49 pm ET
State Street Corporation Prices Preferred Stock Offering
State Street Corporation (“State Street”) (NYSE: STT) today announced the pricing of an underwritten public offering of $500 million of depositary shares with a liquidation preference of $1,000 per share, each representing a 1/100th interest in a share of its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series H. The offering is being conducted as a public offering registered under the Securities Act of 1933, as amended.
Sep 20, 2018 09:42 am ET
State Street Leaders Recognized as Champions of Women in Business
State Street Corporation (NYSE: STT) State Street Corporation (NYSE:STT) today announced that six of its leaders have been recognized by the Financial Times and HERoes Champions of Women in Business 2018. The lists celebrate leaders who are increasing gender diversity in the workplace and support the promotion of women to senior business roles. Each person was scored on the seniority and influence of their role, their work done internally and externally to champion women, their recent and significant business achievements and the testimon
Sep 18, 2018 08:57 am ET
State Street Global Advisors Enhances Single-Country SPDR ETF Suite
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced that four existing single-country SPDR ETFs that provide exposure to Canada, Germany, Japan and the United Kingdom will change indices, names and tickers, and carry lower expense ratios. In addition, the firm will launch the SPDR Solactive Hong Kong ETF (ZHOK), at start of trading on Wednesday, September 19, 2018.
Sep 17, 2018 05:00 pm ET
State Street Global Advisors Announces Impact of Receiving Payment
The SPDR® Exchange Traded Fund (ETF) listed in the table below, announced today that the Fund received a payment as an authorized claimant from a class action settlement related to Lehman Brothers Equity/Debt Securities Litigation.
Sep 13, 2018 08:00 am ET
State Street Global Advisors Cross Lists 29 Additional ETFs in Mexico
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), announced today that 29 additional SPDR ETFs with $33.56 billion in assets under management* have been cross-listed on the International Quotation System (SIC) of the Mexican stock exchange, Bolsa Mexicana de Valores (BMV). With the addition of these funds, the number of SPDR ETFs listed on the BMV now totals 74.
Sep 05, 2018 04:06 pm ET
State Street Global Advisors Reduces Fees on Four SPDR ETFs
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced reduced expense ratios for the SPDR Bloomberg Barclays International Treasury Bond ETF (BWX), SPDR Nuveen S&P High Yield Municipal Bond ETF (HYMB), SPDR SSGA Income Allocation ETF (INKM) and SPDR SSGA Multi-Asset Real Return ETF (RLY).
Sep 04, 2018 04:15 pm ET
State Street President & Chief Operating Officer and Chief Financial Officer to Participate in the Barclays Financial Services Conference
State Street Corporation (NYSE:STT) announced today that its President and Chief Operating Officer, Ron O’Hanley, and Chief Financial Officer, Eric Aboaf, will participate in a fireside chat at the Barclays Global Financial Services Conference in New York on Thursday, September 13, 2018 at 9:45 AM EDT.
Aug 30, 2018 05:00 pm ET
State Street Global Advisors Announces Impact of Receiving Payment
The SPDR® Exchange Traded Fund (ETF) listed in the table below, announced today that the Fund received a payment as an authorized claimant from a class action settlement related to Salix Pharmaceuticals, Ltd, formerly traded on the NASDAQ Exchange under ticker symbol (NASDAQ: SLXP) prior to being acquired by Valeant Pharmaceuticals International, Inc. in February 2015.
Aug 06, 2018 11:05 am ET
State Street Appoints Andrew Allright to CEO of InfraHedge
State Street Corporation (NYSE: STT) today announced the appointment of Andrew Allright as CEO of InfraHedge, the firm’s dedicated managed account business. Allright has been with InfraHedge since it launched in 2011, and has played a key role in growing the business to become the global leader in servicing managed accounts. With more than $30 billion of client assets, InfraHedge designs, builds and operates dedicated, customized platforms for institutional investors to effectively manage their third-party investment programs.
Jul 31, 2018 01:22 pm ET
Gains in the State Street Global Exchange Private Equity Index Slow for First Time in Two Years
The State Street Global Exchange® Private Equity Index (GXPEI) ended the first quarter of 2018 with a slight increase of 2.44 percent. The Buyout funds category ended its streak of eight quarters of outperformance with a 2.09 percent gain, lagging behind the 3.78 percent return from Venture Capital funds and 2.46 percent from Private Debt funds.
Jul 31, 2018 07:40 am ET
Report: Developing Opportunities within Amicus Therapeutics, Interpace Diagnostics Group, The Progressive, State Street, Alphabet, and VBI Vaccines — Future Expectations, Projections Moving into 2018
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Amicus Therapeutics, Inc. (NASDAQ:FOLD), Interpace Diagnostics Group, Inc....
Jul 26, 2018 08:37 pm ET
State Street Corporation Prices Common Stock Offering
State Street Corporation (“State Street”) (NYSE: STT) today announced the pricing of an underwritten public offering of 13,244,271 shares of its common stock at a public offering price of $86.93 per share. The offering is being conducted as a public offering registered under the Securities Act of 1933, as amended.
Jul 26, 2018 04:58 pm ET
State Street Corporation Announces Public Offering of Common Stock
State Street Corporation (“State Street”) (NYSE: STT) today announced that it intends to sell 13,244,271 shares of its common stock in an underwritten public offering. The offering will be conducted as a public offering registered under the Securities Act of 1933, as amended. All of the shares in the offering are to be sold by State Street.
Jul 26, 2018 03:42 pm ET
State Street Global Advisors Announces Annual Rebalancing of the SSGA Gender Diversity Index
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced recent updates to the composition of its SSGA Gender Diversity Index (The Index), which is designed to measure the performance of U.S. large capitalization companies that demonstrate greater gender diversity within senior leadership than other firms in their sector.
Jul 25, 2018 11:22 am ET
State Street Global Advisors Teams with Elizabeth Banks in Digital Series, “Crazy Enough to Work” featuring Dunkin’ Donuts, The New York Times, EPR Properties and Samuel Adams
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), has teamed up with actress, director and business owner Elizabeth Banks to launch, starting today, a series of podcasts to raise awareness of the strong performance of several mid-cap companies that make up the SPDR® S&P MIDCAP 400 ETF (MDY).
Jul 24, 2018 05:50 pm ET
State Street Global Advisors Announces Impact of Receiving Payment
The SPDR® Exchange Traded Fund (ETF) listed in the table below, announced today that the Fund received a payment as an authorized claimant from a class action settlement related to Walter Investment Management Corp, formerly traded on the New York Stock Exchange under ticker symbol (NYSE: WAC) prior to filing for bankruptcy in December 2017.