State Street Corporation (STT) is bearing a spectrum of notable transactions, operational updates, and strategic decisions. Information suggests a mix of buying and selling actions involving key institutional investors such as
Worldquant Millennium Advisors LLC, Royal Bank of Canada, Nomura Holdings Inc., and UBS ASSET MANAGEMENT AMERICAS LLC. Furthermore,
USS Investment Management Ltd and Ameriprise Financial Inc. have parted with considerable STT shares. Several key appointments have been made, including
John F. Woods as CFO and Sara Mathew as Independent Lead Director. Financial results for Q4 and Q1 showed strong performance despite
market volatility. STT has executed
a strategic investment in Smallcase, a $16B platform expanding its presence in India. Possible partnership plans with
Carlyle to tap into retail wealth are also on the horizon. In addition, STT has announced a plan to issue
$2.25 Billion of Senior Debt and has declared dividends on its common stock as well as its Non-Cumulative Perpetual Preferred Stock. The company is expanding its portfolio with the introduction of
a novel retirement fund combining public and private markets. Lastly, acquisition of
Mizuho Financial Group’s Global Custody Business is being pursued by STT.
State Street Corporation STT News Analytics from Wed, 02 Oct 2024 07:00:00 GMT to Sat, 24 May 2025 09:53:27 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor -4
