Welcome to our dedicated page for State Str news (Ticker: STT), a resource for investors and traders seeking the latest updates and insights on State Str stock.
State Street Corporation (STT), a global provider of financial services to institutional investors, maintains this dedicated news hub for stakeholders seeking authoritative updates. Our curated collection combines official press releases with market-relevant analysis, offering comprehensive tracking of corporate developments.
This resource delivers immediate access to earnings announcements, strategic partnerships, and regulatory filings, alongside expert commentary on market implications. Users benefit from centralized monitoring of investment servicing innovations, asset management trends, and global financial operations updates.
The archive organizes content into key categories including quarterly financial disclosures, leadership changes, risk management initiatives, and technology implementations. Each entry maintains factual accuracy while providing context for institutional investors and financial professionals.
Bookmark this page for efficient tracking of State Street's evolving position in global financial markets. Regular updates ensure continuous access to material developments affecting one of the world's largest custody banks and asset managers.
State Street has appointed John F. Woods as its new Chief Financial Officer (CFO), succeeding interim CFO Mark Keating. Woods, who will join the company in late August, brings over 38 years of industry experience to the role.
Currently serving as Vice Chair and CFO at Citizens Financial Group, Woods oversees crucial financial operations including Financial Planning, Controller, Investor Relations, Strategy, and Treasury. His extensive background includes leadership positions at major financial institutions, notably as CFO of MUFG Americas Holdings Corporation and CFO of Home Lending at JPMorgan Chase.
Ron O'Hanley, State Street's chairman and CEO, praised Woods' expertise in global regulated businesses and strategic enterprise transformation. Mark Keating, who has served as interim CFO since February, will continue as CFO for Investment Services, State Street's largest business division.
State Street (NYSE: STT) announced the release of its first-quarter 2025 financial results. The company will host a conference call at 11:00 a.m. ET on Thursday, April 17, 2025, to discuss financial results, outlook, and related matters.
The financial information is accessible through State Street's Investor Relations website. Interested parties can join the conference call via telephone at (+1) 805 309 0220 with Participant Passcode: 5051317#. A replay of the call will be available on the company's Investor Relations website for approximately one month.
State Street Global Advisors has launched the State Street Target Retirement IndexPlus Strategy, a new investment solution combining public and private market exposures for defined contribution plans. The strategy allocates 90% to public markets through State Street-managed index strategies and 10% to private markets via Apollo-managed pooled investments.
The strategy will be managed by State Street's Investment Solutions Group, which oversees more than $200 billion in global target-date assets. This innovative approach aims to provide retirement savers with enhanced diversification opportunities through private market access.
This launch represents the second major milestone for State Street's retirement strategies in 2025, following the announcement that IncomeWise™ and related custom target-date strategies have accumulated over $20 billion in committed assets.
State Street Global Advisors (SSGA), the asset management division of State Street (NYSE: STT), has announced an equity investment in Ethic Inc. and formed a strategic partnership to deliver customized investment solutions. The partnership includes the creation of customized separately managed accounts (SMAs), model portfolios, and unified managed accounts (UMAs).
SSGA is leading Ethic's $64 million Series D funding round. The collaboration aims to provide technology-driven solutions for portfolio customization, including proposal generation, transition plans, and reporting. This initiative responds to market demand, as revealed by an SSGA study showing nearly two-thirds of U.S. investors desire more personalized advice, while 85% of advisors believe tax personalization enhances portfolio value.
State Street (NYSE: STT) has scheduled the release of its first-quarter 2025 financial results for Thursday, April 17, 2025, at approximately 7:30 a.m. ET. The company will host a conference call to discuss the results at 11:00 a.m. ET on the same day.
Investors and interested parties can access the conference call through an audio webcast on State Street's Investor Relations website or by telephone. The dial-in number is (+1) 805 309 0220 with Participant Passcode: 5051317#. Related materials will be available on the website before the call, and a replay will be accessible for approximately one month afterward.
State Street Global Advisors has launched the SPDR® Bridgewater® All Weather® ETF (ALLW), an actively managed global multi-asset allocation ETF, in partnership with Bridgewater Associates. The ETF implements Bridgewater's 'All Weather approach' to portfolio management, which aims to generate consistent returns across different economic environments.
The fund leverages Bridgewater's macro understanding and portfolio construction expertise across diverse global assets. ALLW invests based on a daily model portfolio provided by Bridgewater, focusing on how different asset classes react to shifts in growth and inflation. The ETF can invest across various global asset classes, including domestic and international equities, nominal and inflation-linked bonds, and commodity exposures.
This launch addresses the common issue of undiversified portfolios, where equities typically drive over 90% of the traditional 60/40 portfolio's risk. The partnership aims to broaden access to Bridgewater's investment expertise, traditionally available only to large institutional investors.
State Street (NYSE: STT) has successfully onboarded River Global to its newly launched transfer agency service in the UK, supported by ZILO™, a FinTech company specializing in global asset and wealth management software.
State Street participated in ZILO's Series A funding round in January 2024, focusing on modernizing digital solutions for improved cost effectiveness and operational efficiency in investment management. The partnership leverages ZILO's cloud-based and AI-enabled technology to reduce friction in the distribution process and enhance digital-first user experience.
For River Global, this consolidation of service provision has resulted in simplified proposition and cost savings for their clients. State Street currently maintains a leading position in key cross-border distribution hubs, offering institutional transfer agency services across 14 markets.
State Street Global Advisors (NYSE: STT) announced the expansion of its IncomeWise™ Target Retirement Strategies to the Voya Financial recordkeeping platform. The ABA Retirement Funds Program will be the first adopter on this platform, with Mercer Trust Company serving as the investment fiduciary.
IncomeWise combines traditional index-based target-date funds with optional income features, including deferred annuity payments and automatic monthly withdrawals. The solution, which has over $20 billion in committed assets, will be available through Voya as the second recordkeeper after Fidelity Investments.
This expansion aligns with State Street's strategy to provide flexible retirement solutions, helping participants build confidence in their financial futures through a simple two-step election process for activating income across their target-date fund balance.
State Street (NYSE: STT) has announced an agreement to acquire Mizuho Financial Group's global custody and related businesses outside of Japan. The acquisition includes Mizuho's operations through Mizuho Trust & Banking (Luxembourg) and Mizuho Bank (USA), representing combined assets under custody of approximately $580 billion and $24 billion in assets under administration.
The transaction, expected to complete by Q4 2025, will allow Mizuho to focus on providing trust and custody services for domestic assets while collaborating with State Street for global services. State Street, with 35 years of experience in Japan and Luxembourg, will leverage its global platform to serve Mizuho's clients, offering services including data management, risk and performance analytics, currency management, and securities finance.
State Street Global Advisors (NYSE: STT) has launched the SPDR® SSGA Apollo IG Public & Private Credit ETF (PRIV), an actively managed ETF providing access to investment-grade private credit markets. The fund focuses on maximizing risk-adjusted returns and current income through investment-grade debt securities, combining public and private credit including asset-based finance and corporate lending.
The ETF, managed by State Street's Active Fixed Income Team, utilizes Apollo Global Securities for private credit instruments sourcing. The fund employs a risk-aware, macroeconomic approach with bottom-up security selection to construct its portfolio. Apollo reported over $220 billion of origination in 2024, with an estimated potential addressable market for private credit of $40 trillion.
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