State Street Corporation Announces Results of Its 2018 Mid-Cycle Stress Test

State Street Corporation STT today announced the results of its 2018 mid-cycle stress test, consistent with section 165 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The results are based on State Street's internally developed severely adverse scenario and incorporate prescribed Dodd-Frank capital actions.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181101006015/en/

State Street's Dodd-Frank Act mid-cycle company-run stress test disclosure, including general descriptions of methodologies used in the stress test, can be found in the Investor Relations section of its website, http://investors.statestreet.com.

About State Street Corporation

State Street Corporation STT is the world's leading provider of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $33,996 billion in assets under custody and administration and $2,810 billion* in assets under management as of September 30, 2018, State Street operates globally in more than 100 geographic markets and employs over 39,000 worldwide. For more information, visit State Street's website at www.statestreet.com.

* Assets under management include the assets of the SPDR® Gold ETF and the SPDR® Long Dollar Gold Trust ETF (approximately $28 billion as of September 30, 2018), for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street Global Advisors are affiliated.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!