State Street Corporation Announces Results of Its 2018 Mid-Cycle Stress Test
November 01 2018 - 4:15PM
Business Wire
State Street Corporation (NYSE: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.
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the full release here:
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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 (NYSE: 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.
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State Street CorporationIlene Fiszel Bieler, +1
617-664-3477orMarc Hazelton, +1 617-662-1860
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