STT

Campaign to Repeal New York's Multibillion Dollar Stock Transfer Tax Rebate Takes Aim at Governor Hochul, Legislators and Corporate Naysayers

Retrieved on: 
Tuesday, March 12, 2024
Transfer, Homelessness, SUNY, Letter, Assembly, Sanitation, Tax, STT, Education, CBC, Common, School, Political campaign staff, Sleep, STTR, Security, Sale, Transport, Student, Crime, CUNY, Housing, NYS, New Yorker, Campaign, Cat, Book, Firefighter, DSM-IV codes, Coalition for the Homeless, Sadness, Senate, State, Legislation, Police, Cryptocurrency

Their responses will be tabulated and reported on the Campaign's website GreedvsNeed.org describing if they "Support Greed" or "Support Need."

Key Points: 
  • Their responses will be tabulated and reported on the Campaign's website GreedvsNeed.org describing if they "Support Greed" or "Support Need."
  • Nonresponders will be tabulated as supporting greed and will be publicly admonished and become the focus of the statewide Greed V$ Need Campaign.
  • From 1905 to 1981, New York State collected a tiny one-tenth of one percent tax called the Stock Transfer Tax (STT) on the sale of corporate stocks.
  • Some leading legislators are saying, "Now is not the right time to repeal the STTR."

Sterling Trading Tech Strengthens Commitment to Performance Excellence; Recruits Industry Expert Mike Shanahan

Retrieved on: 
Tuesday, February 27, 2024
Citadel, Algorithmic, STT, Goldman Sachs, Shanahan, Risk, Renewable energy

Shanahan will play a pivotal part in advancing the reliability, support, and success of STT’s product suite.

Key Points: 
  • Shanahan will play a pivotal part in advancing the reliability, support, and success of STT’s product suite.
  • With over a decade of experience at Goldman Sachs and Citadel, Shanahan brings a wealth of expertise in electronic trading production support.
  • Sterling Trading Tech President & CEO Jen Nayar said: "Mike's extensive experience and expertise make him an invaluable addition to our team.
  • Shanahan will actively contribute to advancing STT's trajectory, ensuring the clients gain a competitive advantage by utilizing STT’s product suite in trading, order management, and risk.

State Street Corporation (NYSE: STT) Announces Date for Release of First-Quarter 2024 Financial Results and Conference Call Webcast

Retrieved on: 
Friday, March 8, 2024
Professional Services, Communications, Other Professional Services, Finance, Asset Management, Banking, Public Relations, Investor Relations, STT, State, State Street Corporation, Webcast, Telephone, Conference

State Street Corporation (NYSE: STT) plans to announce its first-quarter 2024 financial results on Friday, April 12, 2024 at approximately 7:30 a.m.

Key Points: 
  • State Street Corporation (NYSE: STT) plans to announce its first-quarter 2024 financial results on Friday, April 12, 2024 at approximately 7:30 a.m.
  • The conference call will be accessible via audio webcast on State Street’s Investor Relations website, http://investors.statestreet.com , and by telephone at (+1) 888-886-7786 (Conference ID: 14320217).
  • Materials will be available on State Street’s Investor Relations website prior to the call.
  • Following the call, a replay will be available via audio webcast on State Street’s Investor Relations website, http://investors.statestreet.com , or by telephone, which will be available for approximately one month, at (+1) 877-674-7070 (Conference ID: 14320217, Playback Passcode: 320217 #).

State Street Announces $100 Million Program for Minority Depository Institutions and Community Development Financial Institutions

Retrieved on: 
Thursday, February 29, 2024
Professional Services, Communications, Finance, Asset Management, Banking, Public Relations, Investor Relations, MLT, Community development, Certification, Racism, Workplace, Mechanics, Growth, State Street Corporation, Address, State Street, STT, State, Inequality, Partnership

State Street Corporation (NYSE: STT) today announced a $100 million program to provide low-cost, stable deposit funding to minority depository institutions (MDIs)1 and Community Development Financial Institutions (CDFIs)2, to support the firms’ collective missions of addressing inequities in our communities by working toward a more just and equitable future.

Key Points: 
  • State Street Corporation (NYSE: STT) today announced a $100 million program to provide low-cost, stable deposit funding to minority depository institutions (MDIs)1 and Community Development Financial Institutions (CDFIs)2, to support the firms’ collective missions of addressing inequities in our communities by working toward a more just and equitable future.
  • As a part of this program, the firm is initially partnering with two mission-driven MDIs - Optus Bank and Mechanics & Farmers Bank (M&F Bank).
  • Both MDIs and CDFIs support low-to-moderate income communities through lending, affordable housing and workforce development.
  • This program, builds upon State Street’s actions to advance racial equity.

State Street to Participate in the RBC Capital Markets 2024 Global Financial Institutions Conference

Retrieved on: 
Tuesday, February 20, 2024
Professional Services, Communications, Finance, Asset Management, Banking, Public Relations, Investor Relations, STT, State, State Street Corporation, RBC Capital Markets, Conference

State Street Corporation (NYSE: STT) announced today that its Vice Chairman and Chief Financial Officer, Eric Aboaf, will participate in the RBC Capital Markets 2024 Global Financial Institutions Conference in New York, NY on Tuesday, March 5, 2024, at 9:20 am ET.

Key Points: 
  • State Street Corporation (NYSE: STT) announced today that its Vice Chairman and Chief Financial Officer, Eric Aboaf, will participate in the RBC Capital Markets 2024 Global Financial Institutions Conference in New York, NY on Tuesday, March 5, 2024, at 9:20 am ET.
  • An audio webcast of the event will be accessible on the home page of State Street’s Investor Relations website, https://investors.statestreet.com .
  • A recorded replay will be available on the Investor Relations website later that day, for approximately ninety days following the presentation.

BIZCLIK MEDIA LAUNCHES MARCH EDITION OF SUSTAINABILITY MAGAZINE

Retrieved on: 
Wednesday, March 6, 2024
News, STT, Kintetsu World Express, LEED, ESG, Kite Pharma, Publishing

LONDON, March 6, 2024 /PRNewswire/ -- BizClik the UK's fastest-growing publishing company has published the March edition of Sustainability Magazine.

Key Points: 
  • The March edition of Sustainability Magazine includes interviews with leading experts and executives from Kite Pharma, Serverfarm & STT GDC.
  • LONDON, March 6, 2024 /PRNewswire/ -- BizClik the UK's fastest-growing publishing company has published the March edition of Sustainability Magazine.
  • The digital edition of Sustainability Magazine is a trusted industry source for in-depth reports and interviews with the leading minds in the sustainability and ESG industries.
  • You can visit Sustainability Magazine for daily news and analysis of the ever-changing ESG industry.

BIZCLIK MEDIA LAUNCHES MARCH EDITION OF SUSTAINABILITY MAGAZINE

Retrieved on: 
Wednesday, March 6, 2024
News, STT, Kintetsu World Express, LEED, ESG, Kite Pharma, Publishing

LONDON, March 6, 2024 /PRNewswire/ -- BizClik the UK's fastest-growing publishing company has published the March edition of Sustainability Magazine.

Key Points: 
  • The March edition of Sustainability Magazine includes interviews with leading experts and executives from Kite Pharma, Serverfarm & STT GDC.
  • LONDON, March 6, 2024 /PRNewswire/ -- BizClik the UK's fastest-growing publishing company has published the March edition of Sustainability Magazine.
  • The digital edition of Sustainability Magazine is a trusted industry source for in-depth reports and interviews with the leading minds in the sustainability and ESG industries.
  • You can visit Sustainability Magazine for daily news and analysis of the ever-changing ESG industry.

State Street Corporation (NYSE: STT) Declares First Quarter Dividend on Its Common Stock

Retrieved on: 
Thursday, February 15, 2024
Professional Services, Communications, Finance, Asset Management, Banking, Public Relations, Investor Relations, State Street Corporation, STT

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.

Key Points: 

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.

State Street Corporation to Redeem $1.0B of Preferred Stock in the First Quarter of 2024

Retrieved on: 
Thursday, February 8, 2024
Finance, Public Relations, Investor Relations, Banking, Communications, Professional Services, STT, Venture round, State Street Corporation, Security (finance)

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 dividends that have been declared but not paid up to but not including the Redemption Date (the “Series D Redemption Price”).

Key Points: 
  • 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 dividends that have been declared but not paid up to but not including the Redemption Date (the “Series D Redemption Price”).
  • Additionally, State Street Corporation will redeem $250 million, or all of the remaining 2,500 outstanding shares, of non-cumulative perpetual preferred stock, Series F (“Series F Preferred Stock”) (represented by 250,000 depositary shares, each representing a 1/100th interest in a share of Series F Preferred Stock) on the Redemption Date, for cash at a redemption price of $100,000 per share (equivalent to $1,000 per depositary share) plus all dividends that have been declared but not paid up to but not including the Redemption Date (the “Series F Redemption Price”).
  • The March Dividends will be paid separately to the holders of record of the Series D Preferred Stock and the Series F Preferred Stock as of February 29, 2024 in the customary manner on the Redemption Date.
  • From and after the Redemption Date, no shares of Series D Preferred Stock and no shares of Series F Preferred Stock will be deemed outstanding and the only remaining rights of the holders of the Series D Preferred Stock and the Series F Preferred Stock will be to receive payment of the Series D Redemption Price or Series F Redemption Price, as applicable.

State Street Expands Fund Connect ETF APIs to Provide Global Coverage

Retrieved on: 
Thursday, February 8, 2024
Asset Management, Professional Services, Finance, Growth, OMS, State Street Corporation, API, APS, ETF, Automation, STT, State, State Street, Security (finance)

Fund Connect ETF is a global online portal that facilitates the creation and redemption of ETFs, designed as a single point of access to many issuers.

Key Points: 
  • Fund Connect ETF is a global online portal that facilitates the creation and redemption of ETFs, designed as a single point of access to many issuers.
  • “The global API connectivity is the next logical step in the continued digitization of our ETF servicing business,” said Frank Koudelka, global head of ETF Product at State Street.
  • “Close to 100 authorized participants are communicating their create / redeem orders globally on behalf of our ETF clients to State Street via Fund Connect.
  • his further demonstrates the innovations that State Street has brought to the marketplace as the largest global ETF service provider.”
    Fund Connect ETF is an integral part of State Street Global Markets’ suite of award-winning electronic trading platforms.