Workflow
State Street(STT)
icon
Search documents
State Street Corporation (NYSE: STT) Declares First Quarter Dividend on Its Common Stock
Businesswire· 2024-02-15 21:30
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced a quarterly cash dividend of $0.69 per share of common stock, payable on April 11, 2024 to common shareholders of record at the close of business on April 1, 2024. About State Street Corporation State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $41.8 trillion ...
State Street(STT) - 2023 Q4 - Annual Report
2024-02-14 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-07511 STATE STREET CORPORATION (Exact name of registrant as specified in its charter) Massachusetts 04-2456637 (State or other jurisdiction of incorp ...
State Street Corporation to Redeem $1.0B of Preferred Stock in the First Quarter of 2024
Businesswire· 2024-02-08 21:20
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that it will redeem $750 million, or all of its 7,500 outstanding shares, of non-cumulative perpetual preferred stock, Series D (“Series D Preferred Stock”) (represented by 30,000,000 depositary shares, each representing a 1/4000th interest in a share of Series D Preferred Stock) on March 15, 2024 (the “Redemption Date”), for cash at a redemption price of $100,000 per share (equivalent to $25 per depositary share) plus all dividend ...
State Street Expands Fund Connect ETF APIs to Provide Global Coverage
Businesswire· 2024-02-08 12:00
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced the expansion of its Fund Connect ETF portal via upgrades to its Application Protocol Interface (API), now offering coverage to all clients globally including Europe and the APAC region. Fund Connect ETF APIs have been available in the U.S. and Canada for years and account for nearly half of North American order volumes. Fund Connect ETF is a global online portal that facilitates the creation and redemption of ETFs, designed as ...
Why State Street Corporation (STT) is a Top Dividend Stock for Your Portfolio
Zacks Investment Research· 2024-02-07 17:46
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a m ...
AM Best Affirms Credit Ratings of Federated Underwriting Company
Businesswire· 2024-02-07 17:40
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Federated Underwriting Company (Federated) (Colchester, VT). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Federated’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The ratings also re ...
State Street (STT) Completes CF Global Trading Acquisition
Zacks Investment Research· 2024-02-05 14:56
State Street Corporation (STT) completed the acquisition of CF Global Trading. STT entered the agreement in March 2023 in an effort to further expand its outsourced trading capabilities. Financial terms of the deal were undisclosed.CF Global Trading specializes in outsourced trading on an agency basis for a variety of asset classes, including equities, listed derivatives and fixed income. Its established team of traders has helped asset managers extend global trading infrastructure, improve access to liquid ...
State Street Completes Acquisition of CF Global Trading
Businesswire· 2024-02-01 11:17
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that it has completed its acquisition of CF Global Trading, a global firm specializing in outsourced trading on an agency basis for a variety of asset classes including equities, listed derivatives and fixed income. Financial terms are not being disclosed. “Outsourced trading enables organizations to access new asset classes, prepare for regulatory shifts and navigate global markets while allowing them to focus on their strateg ...
State Street Corporation Announces Issuance of Preferred Stock
Businesswire· 2024-01-31 23:00
BOSTON--(BUSINESS WIRE)--State Street Corporation (“State Street”) (NYSE: STT) announced today that it has issued $1.5 billion of depositary shares, each representing a 1/100th ownership interest in a share of its 6.700% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I (the “Series I Preferred Stock”), without par value per share, with a liquidation preference of $100,000 per share. The offering, which closed today, was structured in keeping with State Street’s ongoing inclusion, diversi ...
State Street to Participate in the UBS Financial Services Conference
Businesswire· 2024-01-30 21:30
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that its Chairman & Chief Executive Officer, Ron O’Hanley, and Vice Chairman & Chief Financial Officer, Eric Aboaf, will participate in the UBS Financial Services Conference in Key Biscayne, Florida on Tuesday, February 27, 2024, at 11:20 am ET. An audio webcast of the event and any materials will be accessible on the home page of State Street’s Investor Relations website, https://investors.statestreet.com. A recorded replay will ...