STATE STREET


Associated tags: State Street, STT, State Street Corporation, Research, Professional Services, Finance, NYSE, Banking, Asset Management, State, Security (finance)

Locations: NEW YORK, IRELAND, USA, NY, CHILE, SOUTH AMERICA, COLOMBIA, BRAZIL, AZ, KILKENNY, UNITED STATES, NORTH AMERICA, MASSACHUSETTS

Charles River® Appoints Vin Bhat as New Head​ of Asia-Pacific

Retrieved on: 
Monday, May 6, 2024

Charles River, provider of the Charles River Investment Management Solution (Charles River IMS), was acquired by State Street in 2018.

Key Points: 
  • Charles River, provider of the Charles River Investment Management Solution (Charles River IMS), was acquired by State Street in 2018.
  • Vin joins Charles River from FactSet Research Systems where he was head of the Asia Pacific business.
  • Vin has over 25 years of experience in leadership positions in sales, consulting, and engineering.
  • “I’m very pleased to welcome Vin to the Charles River and Alpha platform organization,” said Spiros Giannaros, CEO and President of CRD.

State Street Names Elizabeth Lynn to Global Head of Investor Relations

Retrieved on: 
Thursday, May 2, 2024

State Street Corporation (NYSE: STT) today announced the appointment of Elizabeth (Liz) Lynn to executive vice president and global head of Investor Relations.

Key Points: 
  • State Street Corporation (NYSE: STT) today announced the appointment of Elizabeth (Liz) Lynn to executive vice president and global head of Investor Relations.
  • Lynn will report to Eric Aboaf, vice chairman and chief financial officer for State Street Corporation.
  • Prior to this role she spent several years as Citi’s Global Head of Investor Relations after having joined the Investor Relations team in 2013.
  • “I’m excited to join State Street during this pivotal time for the financial industry,” said Lynn.

State Street to Participate in Bernstein’s 40th Annual Strategic Decisions Conference

Retrieved on: 
Tuesday, April 30, 2024

State Street Corporation (NYSE: STT) announced today that its Chairman and Chief Executive Officer, Ron O’Hanley, and Vice Chairman and Chief Financial Officer, Eric Aboaf, will participate in Bernstein’s 40th Annual Strategic Decisions Conference in New York, NY on Friday, May 31, 2024, at 9:00 am ET.

Key Points: 
  • State Street Corporation (NYSE: STT) announced today that its Chairman and Chief Executive Officer, Ron O’Hanley, and Vice Chairman and Chief Financial Officer, Eric Aboaf, will participate in Bernstein’s 40th Annual Strategic Decisions Conference in New York, NY on Friday, May 31, 2024, at 9:00 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.

State Street Private Markets Survey Finds Macro Challenges Not Dampening Demand; Public To Private Shift Set To Grow Further

Retrieved on: 
Monday, April 29, 2024

The survey reveals that the rotation from public to private assets within portfolio allocations will grow further in the coming years.

Key Points: 
  • The survey reveals that the rotation from public to private assets within portfolio allocations will grow further in the coming years.
  • Over half of institutions (59%) have already allocated 30% or more to private markets, and this is expected to grow to 71% by 2028.
  • Investors intend to decrease allocation in public markets to meet increased demand for private exposure.
  • “The great rotation from public to private markets is not slowing down, with investors set to allocate more to private assets than ever before,” said Donna Milrod, executive vice president and chief product officer at State Street.

T. Rowe Price Expands Use of Cloud-Based Charles River® IMS

Retrieved on: 
Thursday, April 11, 2024

Charles River Development, a State Street Company, announced today that T. Rowe Price will transition to Charles River’s cloud-based technology platform.

Key Points: 
  • Charles River Development, a State Street Company, announced today that T. Rowe Price will transition to Charles River’s cloud-based technology platform.
  • T. Rowe Price will utilize the Charles River Investment Management Solution (IMS) for portfolio management, trading, and compliance and the State Street Alpha® Data Platform (ADP) for data management and services.
  • T. Rowe Price will benefit from the cloud-based platform, including the ability to leverage the latest products, functionality, and scalability.
  • Charles River’s cloud-based solution will allow us to accelerate access to their new product offerings, allowing T. Rowe Price to continue our primary focus on delivering for our clients,” said Marc Wyatt, Head of Global Trading, T. Rowe Price.

State Street Corporation (NYSE: STT) Reports First-Quarter 2024 Financial Results

Retrieved on: 
Friday, April 12, 2024

State Street Corporation (NYSE: STT) reported its first-quarter 2024 financial results today.

Key Points: 
  • State Street Corporation (NYSE: STT) reported its first-quarter 2024 financial results today.
  • The news release, presentation, and additional financial information can be accessed on State Street’s Investor Relations website, http://investors.statestreet.com .
  • A conference call to discuss the firm’s financial results, outlook and related matters will be held at 10:00 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).

State Street Earns MLT’s Hispanic Equity at Work Bronze Certification and Black Equity at Work Bronze Recertification

Retrieved on: 
Wednesday, April 10, 2024

State Street Corporation (NYSE: STT) today announced that it has earned both the Hispanic Equity at Work Bronze Certification and the renewal of its Black Equity at Work Bronze Certification, two recognitions issued by Management Leadership of Tomorrow (MLT).

Key Points: 
  • State Street Corporation (NYSE: STT) today announced that it has earned both the Hispanic Equity at Work Bronze Certification and the renewal of its Black Equity at Work Bronze Certification, two recognitions issued by Management Leadership of Tomorrow (MLT).
  • “State Street’s steadfast commitment to breaking down systemic barriers for Black and Hispanic professionals is truly exemplary,” said John Rice, CEO & Founder of MLT.
  • By becoming Hispanic Equity at Work certified, State Street is setting the standard for racial equity within our country’s leading financial institutions.”
    Last year, State Street became the first Global Systemically Important Financial Institution (GSIFI) to earn the MLT Black Equity at Work Bronze Certification , and the firm has now been recognized with recertification of this achievement.
  • With today’s announcement, State Street also becomes the first GSIFI to earn the MLT Hispanic Equity at Work Certification.

State Street’s Research Team Announces Academic Partnership with Daniel Drezner of The Fletcher School, expanding Markets Research Capabilities in Arena of Geopolitical Risk

Retrieved on: 
Monday, April 8, 2024

Mr. Drezner will partner with State Street Associates, the firm’s hub for partnerships with academics and fintech start-ups, which powers its award-winning markets research platform for foreign exchange trading, equities trading, and securities lending clients.

Key Points: 
  • Mr. Drezner will partner with State Street Associates, the firm’s hub for partnerships with academics and fintech start-ups, which powers its award-winning markets research platform for foreign exchange trading, equities trading, and securities lending clients.
  • “Our clients are increasingly contemplating the risk of ongoing and potential conflicts around the world as well as several high-stakes, national elections."
  • "I am honoured to collaborate with State Street Associates as its newest academic partner,” said Professor Drezner.
  • As part of his engagement with State Street, Professor Drezner will be a featured speaker at the 2024 Markets & Financing Research Conference.

State Street Corporation Announces Time Change for its First-Quarter 2024 Financial Conference Call Webcast

Retrieved on: 
Tuesday, April 2, 2024

State Street Corporation (NYSE: STT) today announced a change to the timing of the previously announced first-quarter 2024 webcast and teleconference due to a scheduling conflict.

Key Points: 
  • State Street Corporation (NYSE: STT) today announced a change to the timing of the previously announced first-quarter 2024 webcast and teleconference due to a scheduling conflict.
  • As previously announced, financial results will be announced 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).
  • 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 Officially Opens its New Kilkenny Office

Retrieved on: 
Monday, March 25, 2024

State Street Corporation (NYSE: STT) one of the world's leading providers of financial services to institutional investors, today marked the official opening of its new office building in Kilkenny.

Key Points: 
  • State Street Corporation (NYSE: STT) one of the world's leading providers of financial services to institutional investors, today marked the official opening of its new office building in Kilkenny.
  • State Street established its Irish operations in 1996 and has grown to become one of the largest international financial services employers in Ireland.
  • With a presence in Kilkenny for over 20 years, State Street was the first company in the International Financial Services Centre (IFSC), to establish a regional base outside of Dublin.
  • “Our new office and global cybersecurity centre reflects State Street’s commitment to Ireland and our confidence in the South-East region's exceptional talent pool” said Ron O ’Hanley, chairman and chief executive officer of State Street.