STT

State Street Partners with Diverse Firms to Underwrite $1 Billion of Senior Debt and $0.5 Billion of Senior Subordinated Debt

Retrieved on: 
Tuesday, November 21, 2023
Asset Management, Professional Services, DEI (Diversity, Equity and Inclusion), Finance, STT, NYSE, UBS, HSBC, Joint, State, State Street Corporation, SWS, Partnership, Civil and political rights, State Street, Security (finance)

State Street Corporation (NYSE: STT) announced today that it has issued an aggregate principal amount of $1 billion of senior debt and $0.5 billion of senior subordinated debt.

Key Points: 
  • State Street Corporation (NYSE: STT) announced today that it has issued an aggregate principal amount of $1 billion of senior debt and $0.5 billion of senior subordinated debt.
  • All five broker-dealers are owned by diverse groups and, collectively, have underwritten 40% of the securities in the issuance.
  • “This debt issuance represents our tenth consecutive engagement with diverse underwriters, and we are very pleased to continue that partnership,” said Kimberly DeTrask, treasurer of State Street.
  • “State Street’s long-term collaboration and mandate enables SWS to showcase our firm’s capabilities and expand the investor base that participates in State Street’s transactions.

State Street to Participate in the Goldman Sachs 2023 U.S. Financial Services Conference

Retrieved on: 
Friday, November 17, 2023
Finance, Banking, Professional Services, Other Professional Services, Asset Management, State, STT, State Street Corporation, NYSE, Conference, Goldman Sachs, Online shopping

State Street Corporation (NYSE: STT) announced today that its Vice Chairman & Chief Financial Officer, Eric Aboaf, will participate in the Goldman Sachs U.S. Financial Services Conference in New York on Wednesday, December 6, 2023, at 10:00 a.m.

Key Points: 
  • State Street Corporation (NYSE: STT) announced today that its Vice Chairman & Chief Financial Officer, Eric Aboaf, will participate in the Goldman Sachs U.S. Financial Services Conference in New York on Wednesday, December 6, 2023, at 10:00 a.m.
  • 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.

Star Mountain Capital adds former Carlyle Vice Chairman of Global Buyout & Operating Committee Member, Gregory Summe, as Senior Advisor

Retrieved on: 
Tuesday, November 14, 2023
Professional Services, Finance, Vice, NYSE, STT, Engineering, Honeywell, University, EG&G, Professional Football Compensation Committee, Commercial Motor, Investment, Semiconductor industry, Multimedia, NXPI, Partner, PerkinElmer, Goldman Sachs, Nomination, Friends, State Street Corporation, Pella (company), The Carlyle Group, Compensated emancipation, Senior advisor, NXP Semiconductors, Goldman Sachs Capital Partners, McKinsey & Company, Starr Mountain, General Electric, PKI, AlliedSignal, Airline, Management

He has completed over 200 private equity investments as an investment committee member and has also acquired or sold more than 40 companies as a company CEO.

Key Points: 
  • He has completed over 200 private equity investments as an investment committee member and has also acquired or sold more than 40 companies as a company CEO.
  • Mr. Summe spent 5 years as Vice Chairman, Partner, and Investment Committee member of the Global Buyout group at The Carlyle Group (~$375 bn AUM).
  • Prior to Carlyle, Mr. Summe served as a Senior Advisor to Goldman Sachs Capital Partners .
  • “Greg has tremendous industry, operating and investment insights that we believe will be additive to our portfolio companies, investors and team,” said Brett Hickey , Star Mountain Capital Founder & CEO.

State Street Corporation Declares Dividends on its Non-Cumulative Perpetual Preferred Stock Series “D,” “F,” “G” and “H”

Retrieved on: 
Friday, November 10, 2023
Banking, Asset Management, Professional Services, Finance, Venture round, La règle de non-cumul, STT, State Street Corporation, NYSE, Chevrolet Series F, Chevrolet Series H, Security (finance), Series

State Street Corporation (NYSE:STT) today announced a cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock:

Key Points: 
  • State Street Corporation (NYSE:STT) today announced a cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock:
    Series D (represented by depositary shares, each representing a 1/4000th interest in a share of Series D preferred stock).
  • Series F (represented by depositary shares, each representing a 1/100th interest in a share of Series F preferred stock).
  • Series G (represented by depositary shares, each representing a 1/4000th interest in a share of Series G preferred stock).
  • Series H (represented by depositary shares, each representing a 1/100th interest in a share of Series H preferred stock).

Whispp to Debut New Real-Time Assistive Voice Technology, Helping Millions with Voice Disabilities Speak in Their Natural Voice

Retrieved on: 
Wednesday, December 6, 2023
STT, CES, Otorhinolaryngology, Speech, Spasmodic dysphonia, Laryngeal papillomatosis, Ageing, Consumer Electronics Show, Stuttering, System, Happiness, Communication, AI, Quality of life, Accessibility, Venetian Expo, Human, Customer service, Mobile phone

LEIDEN, Netherlands, Dec. 6, 2023 /PRNewswire-PRWeb/ -- Whispp, an AI-powered assistive speech and phone-calling app, today announced plans to debut its newest phone-calling feature that seamlessly converts whispered and vocal cord-impaired speech into a user's healthy, natural voice in real-time at the 2024 Consumer Electronics Show (CES). A 2024 CES Innovation Award honoree in the Accessibility and Aging Tech category, Whispp will showcase its technology at CES Unveiled Las Vegas on Sunday evening, January 7, 2024, and as part of the NL Tech Pavilion in Eureka Park at the Venetian Expo, Booth 62100 from January 9 - 12, 2024. View a short video about Whispp here.

Key Points: 
  • "Voice disabilities and speech disorders like stuttering significantly impact a person's life and happiness," said Whispp founder and CEO Joris Castermans.
  • "Whispp isn't just transforming voices; it's advancing communication by making it accessible to all and enhancing quality of life."
  • "Voice disabilities and speech disorders like stuttering significantly impact a person's life and happiness," said Whispp co-founder and CEO Joris Castermans.
  • Unlike conventional speech-to-text (STT) approaches with noticeable latency and an uneven conversational flow, Whispp provides real-time speech conversion, eliminating barriers to natural communication.

Avalanche Technology Presents "Dual QSPI 8Gb STT-MRAM Solutions for Space Applications" at the 2023 IEDM Conference

Retrieved on: 
Monday, December 4, 2023
Transfer, Socs, STT, Deep Space Industries, Radiation, Physics, Avalanche, Torque wrench, STT-MRAM, Field-programmable gate array, Space industry, Pareto, MRAM, International Electron Devices Meeting, Software, Environment, UMC, CMOS, Swap, JEDEC, MEMS, Video game

FREMONT, Calif., Dec. 4, 2023 /PRNewswire-PRWeb/ -- Avalanche Technology continues to demonstrate industry leadership of both technology development and commercialization of the most advanced next-generation MRAM platform solutions for the Space Industry. Avalanche will present "Dual QSPI 8Gb STT-MRAM Solutions for Space Applications" at the 2023 IEEE International Electron Devices Meeting (IEDM), held in San Francisco, CA December 9th-13th. The presentation will provide attendees with a comprehensive overview of the technical specifications, design considerations, and real-world applications of Avalanche's most advanced Spin Transfer Torque (STT) MRAM devices for space applications. The company invites industry experts, researchers, and space technology enthusiasts to explore the potential of this groundbreaking innovation.

Key Points: 
  • Avalanche will present "Dual QSPI 8Gb STT-MRAM Solutions for Space Applications" at the 2023 IEEE International Electron Devices Meeting (IEDM), held in San Francisco, CA December 9th-13th.
  • The presentation will provide attendees with a comprehensive overview of the technical specifications, design considerations, and real-world applications of Avalanche's most advanced Spin Transfer Torque (STT) MRAM devices for space applications.
  • The company invites industry experts, researchers, and space technology enthusiasts to explore the potential of this groundbreaking innovation.
  • IEDM is the world's preeminent forum for reporting technological breakthroughs in the areas of semiconductor and electronic device technology, design, manufacturing, physics, and modeling.

Avalanche Technology Selected to Support Mercury's First Space-Qualified Processing Board Using AMD's Xilinx Versal AI Core

Retrieved on: 
Wednesday, November 8, 2023
PSRAM, Mercury Systems, AMD, MRAM, STT, Swap, Orbit, JEDEC, Burn, Avalanche, Video game, Computer data storage, Mercury

FREMONT, Calif., Nov. 8, 2023 /PRNewswire-PRWeb/ -- Avalanche Technology, the leader in next generation MRAM technology, announced today that its Persistent-SRAM (P-SRAM) products were chosen by Mercury Systems for the new SCFE6933, a next-generation processor board that will enable faster processing of data in orbit. The high-density 8Gb DQSPI Space Grade Persistent SRAM with further scalability is the ideal companion to the AMD (Xilinx) Versal Adaptive SoC platform that is featured on this platform.

Key Points: 
  • The high-density 8Gb DQSPI Space Grade Persistent SRAM with further scalability is the ideal companion to the AMD (Xilinx) Versal Adaptive SoC platform that is featured on this platform.
  • In the end, the radiation resilience, high reliability, high density, and nearly unlimited write cycle endurance of the Avalanche Space Grade family made it the ideal solution for Mercury's SCFE6933.
  • Data is always non-volatile and Space grade devices have industry leading write cycle endurance at 10^16.
  • More information about Avalanche P-SRAM products is available at https://www.avalanche-technology.com/products/discrete-mram/space/ .

State Street Announces Organizational Changes

Retrieved on: 
Monday, October 30, 2023
Banking, Asset Management, Professional Services, Finance, Fintech, Foreign exchange market, NYSE, Head, State, Organization, Acquisition, STT, Growth, Security (finance), State Street Global Advisors, Karl Angelo Maiuri, International finance, State Street Corporation, State Street, Ambrosius, Management

State Street Corporation (NYSE: STT) announced today that Louis D. Maiuri, president, chief operating officer and head of Investment Services, will retire from State Street by early 2024.

Key Points: 
  • State Street Corporation (NYSE: STT) announced today that Louis D. Maiuri, president, chief operating officer and head of Investment Services, will retire from State Street by early 2024.
  • These organizational model changes will position State Street’s Investment Services business for long-term success, as it executes on its strategy, accelerates revenue growth, and continues to deliver for clients and shareholders.
  • O’Hanley remarked on Maiuri’s contributions to State Street, “Let me thank Lou for his outstanding leadership at State Street over the past ten years across a broad range of key roles starting with State Street Global Markets and more recently as president, chief operating officer and head of Investment Services.
  • I look forward to watching State Street thrive and grow.”
    O’Hanley continued, “We will miss Lou’s contributions to State Street.

Radisys Applauds Engage Digital Platform Winners in TADHack Global 2023

Retrieved on: 
Monday, October 23, 2023
Apps, Applications, Mobile, Wireless, Technology, Telecommunications, Software, Networks, Internet, Hardware, IOT (Internet of Things), Artificial Intelligence, Digital, G-network, Human, Internet access, STT, Hacks, Device, API, Auditory processing disorder, Visage SDK, Particulates, EDP, AI, Immunization, Digital platform, Communication, Parent, Video game, Radisys

Radisys® Corporation , a global leader of open telecom solutions, is pleased to congratulate the winners of TADHack Global 2023 , the world’s premier global hackathon focusing on programmable communication solutions.

Key Points: 
  • Radisys® Corporation , a global leader of open telecom solutions, is pleased to congratulate the winners of TADHack Global 2023 , the world’s premier global hackathon focusing on programmable communication solutions.
  • The TADHack Global event, sponsored by Radisys, was held October 21-22, 2023, ahead of Network X, an industry-leading broadband network event for enterprises and telcos.
  • “I am pleased to extend my congratulations to all participants and winners of TADHack Global 2023," said Al Balasco, Head of Devices and Digital Engagement Platforms Business, Radisys.
  • “Radisys' Engage Digital Platform provides developers with the unique capabilities and necessary tools to create integrated AI and communication solutions that solve particular business problems and address common community challenges.”

State Street Launches StreetFX℠ Solution for T+1 Settlement

Retrieved on: 
Thursday, October 19, 2023
Banking, Asset Management, Professional Services, Finance, Benchmark, Sale, NYSE, CTM, State, STT, T+2, ITP, Workflow, State Street Corporation, DTCC, State Street, Security (finance), Financial services, FX, T+1

In preparation for the US equity market’s transition to a T+1 settlement cycle scheduled for May 28, 2024, State Street Corporation (NYSE: STT) today announced that it is offering an automated workflow solution and integration with DTCC within State Street’s foreign exchange (FX) trading service, StreetFX℠.

Key Points: 
  • In preparation for the US equity market’s transition to a T+1 settlement cycle scheduled for May 28, 2024, State Street Corporation (NYSE: STT) today announced that it is offering an automated workflow solution and integration with DTCC within State Street’s foreign exchange (FX) trading service, StreetFX℠.
  • “State Street is helping to drive solutions that address critical performance drivers by rolling out an automated FX execution solution to facilitate the US securities market’s transition to T+1 settlement,” said Tony Bisegna, head of State Street Global Markets.
  • We are pleased that our collaboration with State Street reinforces that CTM represents an efficient and cost-effective solution to address the FX trading challenges that come with a shorter settlement cycle,” said Val Wotton, DTCC managing director and general manager, ITP.
  • It seamlessly integrates within clients’ existing infrastructure to create an end-to-end solution that increases consistency and decreases operational risk.