State Street Corporation Announces Results of Its 2018 Annual Stress Test
June 21 2018 - 5:14PM
Business Wire
State Street Corporation (NYSE:STT) today announced the results
of its 2018 annual stress test. Consistent with section 165 of the
Dodd-Frank Wall Street Reform and Consumer Protection Act, the
results are based on the supervisory severely adverse scenario and
incorporate prescribed Dodd-Frank capital actions. State Street,
like other companies covered by the provisions of section 165 of
the Dodd-Frank Act, is required to conduct company-run stress tests
semi-annually and to disclose summary results of those company-run
stress tests under the severely adverse scenario. State Street’s
disclosure can be found in the Investor Relations section of its
website, http://investors.statestreet.com.
About State Street Corporation
State Street Corporation (NYSE: 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 $33.3 trillion in assets
under custody and administration and $2.7 trillion* in assets under
management as of March 31, 2018, State Street operates in more than
100 geographic markets and employs 37,192 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 $36
billion as of March 31, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20180621006352/en/
State Street CorporationIlene Fiszel Bieler, +1
617-664-3477orMarc Hazelton, +1 617-513-9439
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