State Street Announces Recovery and Resolution Plan for 2019

Loading...
Loading...

State Street Corporation STT today announced that it has filed its 2019 resolution plan.

State Street, along with other banking institutions with $50 billion or more in total assets, periodically prepares and files its resolution plan, commonly referred to as a "living will," with the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation. The resolution plan details State Street's efforts to enhance resolvability across its business in line with applicable rules and guidance.

The Public Section of State Street's resolution plan can be found in the Investor Relations section of its website, at http://investors.statestreet.com/.

About State Street Corporation

State Street Corporation STT is one of the world's leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading. With $32,643 billion in assets under custody and administration and $2,805 billion* in assets under management as of March 31, 2019, State Street operates globally in more than 100 geographic markets and employs approximately 40,000 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 $33 billion as of March 31, 2019), for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street Global Advisors are affiliated.

State Street Corporation One Lincoln Street, Boston, MA 02111-2900.

© 2019 State Street Corporation - All Rights Reserved

2624544.1.1.AM.RTL

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
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!

Loading...