STATE STREET CORP. DL 1 overview

State Street Corporation (NYSE: STT) announced today that it has issued an aggregate principal amount of $1.5 billion of senior unsecured debt. The offering, which closed today, was structured in keeping with State Street’s core inclusion, diversity and equity efforts, with Academy Securities, Inc. and Loop Capital Markets LLC acting as joint book-running managers, and Blaylock Van, LLC, CastleOak Securities, L.P. and R. Seelaus & Co., LLC each acting as co-managers. All five broker-dealers...

State Street Corporation (NYSE: STT) announced today that as part of its ongoing transformation and productivity initiatives, it is streamlining its operating model in India and intends to assume full ownership of the company’s joint venture with the Atos Group (originally established with Syntel, Inc.). This consolidation, which is expected to be complete by the fourth quarter 2023, will continue the transformation of State Street’s global operations. State Street also expects to achieve...

State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced total expense ratio (“TER”) reductions on 10 funds in its low-cost SPDR Portfolio ETF suite. These reductions make the funds the lowest or among the lowest-cost ETF offerings in their respective peer groups. 1 Effective August 1 2023, the total expense ratios of the following funds were lowered as follows: Ticker Name Previous TER (bps)* New TER (bps) SPLG SPDR Portfolio S&P...

State Street Corporation (NYSE: STT) today announced that it has been appointed by abrdn to service its first actively managed exchange traded fund (ETF) in Europe. State Street will provide abrdn, a leading European asset manager with £500bn 1 in assets under management and administration (AUMA), with custody, fund accounting, order-taking, transfer agency services and ETF servicing. State Street has been working closely with abrdn to support the firm’s expansion into the European ETF market...

State Street Corporation (NYSE: STT) today announced a quarterly cash dividend of $0.69 per share of common stock, payable on October 12, 2023 to common shareholders of record at the close of business on October 2, 2023. The dividend represents a 10% per share increase from the second quarter 2023 dividend of $0.63 per share. About State Street Corporation State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including...

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). The cash dividend is in the amount of $1,475.00 per share of Series D preferred stock (resulting in a distribution of approximately $0.3687 per depositary share) and is payable on September 15, 2023 to the holders of record...

State Street Corporation (NYSE: STT) reported its second-quarter 2023 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. ET today, Friday, July 14, 2023 . The call will be open to the public. The conference call will be accessible via audio...

State Street Corporation (NYSE:STT) today announced that it has been appointed to provide custody and fund order services for Confuturo, a Chile-based insurance company that offers flexible, health, temporary life, travel insurance, and pensioned consumer credit solutions. The company is one of the largest provider of annuities in Chile. "We look forward to partnering with Confuturo to help their team generate and sustain growth to meet their investment objectives and allow them to focus on...