State Street Achieves High Rankings in Two Client Satisfaction Surveys
January 21 2011 - 9:00AM
Business Wire
State Street Corporation (NYSE: STT), one of the world's leading
providers of financial services to institutional investors,
announced today that it has received top rankings in two surveys
measuring client satisfaction with investment services.
State Street ranked No. 1 among institutional investors and No.
1 in Asia in Global Custodian magazine’s annual Global Custody
survey. In Global Investor/isf magazine’s 2010 Beneficial Owners
Survey on securities lending, State Street ranked No. 1 among
custodians.
The annual Global Custodian survey polls fund managers and
institutional investors on all aspects of custody service. Overall
results were broken down into asset-size and geographic
categories.
“State Street has emerged from the economic crisis as a stronger
organization, and the results in these industry surveys and the
comments from respondents clearly reflect the significant impact of
our continued investment in product development and employees,”
said Joseph Antonellis, vice chairman of State Street. “We are very
pleased to be recognized again as a leading provider of custody
services across multiple geographies and disciplines.”
Nick Bonn, executive vice president and head of State Street’s
Securities Finance division, said “The Global Investor/isf survey
clearly demonstrates our clients’ satisfaction with the service and
solutions we provide as well as our commitment to growth in Europe
and Asia.”
The Global Investor/isf survey asked beneficial owners to assess
the performance of their securities lending agents across a range
of service categories. In the geographic results, State Street
finished No. 1 among custodians in North America, Europe and Asia
Pacific.
About State Street
State Street Corporation (NYSE: STT) is one of the world's
leading providers of financial services to institutional investors,
including investment management, investment research and trading
and investment servicing. With $21.5 trillion in assets under
custody and administration and $2 trillion in assets under
management at December 31, 2010, State Street operates in 26
countries and more than 100 geographic markets worldwide. For more
information, visit State Street’s website at
www.statestreet.com.
State Street (NYSE:STT)
Historical Stock Chart
From May 2024 to Jun 2024
State Street (NYSE:STT)
Historical Stock Chart
From Jun 2023 to Jun 2024
