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Nothing on this web site shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. State Street Corporation (NYSE: STT) is one of the worlds leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. By providing your email address below, you are providing consent to State Street to send you the requested Investor Email Alert updates. In 2009, Nate and a group of friends and family planted State Street in downtown LaPorte. His role across all uses of our balance sheet will create additional growth and efficiencies, further drive balance sheet optimization, and promote capital return to shareholders. Lou Maiuri has been appointed to president and head of Investment Services and Eric Aboaf, chief financial officer, to vice chairman. It will also facilitate sales and revenue growth and achievement of the companys medium-term financial targets. Updated Jan 9, 2023. These cookies are used to gather statistics on how visitors use our website. Rated State Street Leadership the Lowest. We routinely use some cookies that are strictly necessary to provide the services or information you request or enable communications. Maiuri now has end-to-end responsibility for all facets of State Streets Investment Services business, including client management, product, technology and operations. A valuable tool in todays market, securities finance can play a key role in your portfolio risk management strategy. Chief Investment Officer, Fundamental Value Equities, CIO, Global Fixed Income, Currency & Cash, Global Head of ESG and Sustainable Investing, Head of SPDR Capital Markets and Strategic Partners, Global Head of SPDR ETF Strategy, Planning and Infrastructure, Head of European Institutional Distribution, Chief Technology Officer and Head of Transformation, Head of State Street Global Advisors India, Head of State Street Global Advisors Europe Ltd, Chief Operating Officer, Global Institutional Group, Head of State Street Global Advisors EMEA and Head of the Global SPDR ETF Business. Industries. Leadership | State Street Bank and Trust Company Leadership Leadership Carousel Name Placeholder Founder & CEO Name2 Placeholder SVP, Global Head Of Sales Name Placeholder 2 SVP, Global Head Of Sales Name3 Placeholder SVP, Operations Name Dolor Placeholder3 Lorem ipsum dolor sit amet Name Placeholder Founder & CEO During the first-ever Fabiola Leadership Academy, students will get training for decision making, teamwork and community-based learning. With $41.7 trillion in assets under custody and/or administration and $4.0 trillion* in assets under management as of March 31, 2022, State Street operates globally in more than 100 geographic markets and employs approximately 39,000 worldwide. You can sign up for additional alert options at any time. +1 617 664 8672, IR: J. Kane Ditto. Read Full Bio. ifiszelbieler@statestreet.com From Sectors and Smart Beta to Fixed Income, SPDR Exchange Traded Funds (ETFs) give you wide access to diverse investment opportunities. top of page. President & Chief Executive Officer. Expanding and elevating Lous and Erics roles and remits will deepen focus and accountability for results across our business globally, said OHanley. Executive Vice President and Chief Financial Officer (CFO) for Investment Services. State Street Corporation, an institutional asset manager with over $4.1 trillion in assets, intends to provide custodial services for bitcoin and other cryptocurrencies, according to an interview given to Bloomburg. ifiszelbieler@statestreet.com This interest is also . After submitting your request, you will receive an activation email to the requested email address. State Street Community Church - Leadership Leadership Pastors & Staff Nate Loucks Lead Pastor Nate Loucks is a pastor at State Street and the President of the Pax Center. Boston, MA Candidates need to be able to work in . To ensure the most secure and best overall experience on our website, we recommend the latest versions of. *Assets under management as of March 31, 2022 includes approximately $73 billion of assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. All persons and entities accessing the Site do so on their own initiative and are responsible for compliance with applicable local laws and regulations. State Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide. SEC Filings. The overall rating of State Street Corporation is 3.8, with Job Security being rated at the top and given a rating of 4.0. A00 90384850 testdata.coremetrics.com statestreet.com Lou Maiuri and Eric Aboaf to Take on Additional Responsibilities as President and Vice Chairman Respectively. SSGA Intermediary Business offers a number of products and services designed specifically for various categories of investors. State Street is a leading financial services provider serving some of the worlds most sophisticated institutions. Net income was $2.7 billion in 2021, up 11% year-over-year. (a) Your employment will terminate on June 1, 2019 unless earlier terminated in accordance with the terms of this Agreement including by mutual agreement of the parties. Important factors that may affect future results and outcomes include, but are not limited to: Other important factors that could cause actual results to differ materially from those indicated by any forward-looking statements are set forth in our 2021 Annual Report on Form 10-K and our subsequent SEC filings. CONTACT. Maiuri now has end-to-end responsibility for all facets of State Streets Investment Services business, including client management, product, technology and operations. SSGA FD and State Street Global Advisors are affiliated. Therefore, actual outcomes and results may differ materially from what is expressed in those statements, and those statements should not be relied upon as representing our expectations or beliefs as of any time subsequent to the time this News Release is first issued. September 23, 2020 10:07 AM Eastern Daylight Time. If you experience any issues with this process, please contact us for further assistance. All rights reserved. With global coverage supported by five regional trading desks, we provide access to tailored financing solutions across a range of strategies and asset classes. With Insights, you can read market commentary from our team of macro strategists and explore the most interesting trends in our daily indicators of investor behavior, risk, inflation and sentiment based on award-winning research. To know first hand how is it like to work at State Street Corporation read detailed reviews by job profile, department and location in the reviews section. Leadership Cyrus Taraporevala President & Chief Executive Officer Cyrus is president and chief executive officer of State Street Global Advisors, the investment management arm of State Street Corporation and a global leader with $3.26 trillion* in assets under management. You must click the activation link in order to complete your subscription. SSGA FD and State Street Global Advisors are affiliated. Quincy, MA 02171. Here is the job description: The consummation of our planned acquisition of the BBH Investor Services business is subject to the receipt of regulatory approvals and the satisfaction of other closing conditions, the failure or delay of which may prevent or delay the consummation of the acquisition; while we are evaluating potential modifications to the transaction that are intended to facilitate resolution of the bank regulatory review, there can be no assurance as to the timing or outcome of that review; Even if we successfully consummate our planned acquisition of the BBH Investor Services business, we may fail to realize some or all of the anticipated benefits of the transaction or the benefits may take longer to realize than expected; We are subject to intense competition, which could negatively affect our profitability; We are subject to significant pricing pressure and variability in our financial results and our AUC/A and AUM; Our development and completion of new products and services, including State Street Digital or State Street Alpha, and the enhancement of our infrastructure required to meet increased regulatory and client expectations for resiliency and the systems and process re-engineering necessary to achieve improved productivity and reduced operating risk, may involve costs and dependencies and expose us to increased risk; Our business may be negatively affected by our failure to update and maintain our technology infrastructure; The COVID-19 pandemic continues to exacerbate certain risks and uncertainties for our business; Acquisitions, strategic alliances, joint ventures and divestitures, and the integration, retention and development of the benefits of our acquisitions, pose risks for our business; Competition for qualified members of our workforce is intense, and we may not be able to attract and retain the highly skilled people we need to support our business; We could be adversely affected by geopolitical, economic and market conditions, including, for example, resulting from the present conflict in Ukraine; We have significant International operations, and disruptions in European and Asian economies could have an adverse effect on our consolidated results of operations or financial condition; Our investment securities portfolio, consolidated financial condition and consolidated results of operations could be adversely affected by changes in the financial markets; Our business activities expose us to interest rate risk; We assume significant credit risk to counterparties, who may also have substantial financial dependencies with other financial institutions, and these credit exposures and concentrations could expose us to financial loss; Our fee revenue represents a significant portion of our consolidated revenue and is subject to decline based on, among other factors, market and currency declines, investment activities of our clients and their business mix; If we are unable to effectively manage our capital and liquidity, our consolidated financial condition, capital ratios, results of operations and business prospects could be adversely affected; We may need to raise additional capital or debt in the future, which may not be available to us or may only be available on unfavorable terms; If we experience a downgrade in our credit ratings, or an actual or perceived reduction in our financial strength, our borrowing and capital costs, liquidity and reputation could be adversely affected; Our business and capital-related activities, including common share repurchases, may be adversely affected by capital and liquidity standards required as a result of capital stress testing; We face extensive and changing government regulation in the jurisdictions in which we operate, which may increase our costs and compliance risks; We are subject to enhanced external oversight as a result of the resolution of prior regulatory or governmental matters; Our businesses may be adversely affected by government enforcement and litigation; Any misappropriation of the confidential information we possess could have an adverse impact on our business and could subject us to regulatory actions, litigation and other adverse effects; Our calculations of risk exposures, total RWA and capital ratios depend on data inputs, formulae, models, correlations and assumptions that are subject to change, which could materially impact our risk exposures, our total RWA and our capital ratios from period to period; Changes in accounting standards may adversely affect our consolidated financial statements; Changes in tax laws, rules or regulations, challenges to our tax positions and changes in the composition of our pre-tax earnings may increase our effective tax rate; The transition away from LIBOR may result in additional costs and increased risk exposure; Our control environment may be inadequate, fail or be circumvented, and operational risks could adversely affect our consolidated results of operations; Cost shifting to non-U.S. jurisdictions and outsourcing may expose us to increased operational risk, geopolitical risk and reputational harm and may not result in expected cost savings; Attacks or unauthorized access to our information technology systems or facilities, or those of the third parties with which we do business, or disruptions to our or their continuous operations, could result in significant costs, reputational damage and impacts on our business activities; Long-term contracts expose us to pricing and performance risk; Our businesses may be negatively affected by adverse publicity or other reputational harm; We may not be able to protect our intellectual property; The quantitative models we use to manage our business may contain errors that could result in material harm; Our reputation and business prospects may be damaged if our clients incur substantial losses or are restricted in redeeming their interests in investment pools that we sponsor or manage; The impacts of climate change, and regulatory responses to such risks, could adversely affect us; and. Careers; Newsroom; Investors; Quick Links; Contact Us; sitemap; Insights ; Solutions ; About ; testing form name; testing-signup-form; testing-contactus-form Global Advisors provides investment solutions across the risk-return spectrum, covering all major asset classes, investment styles, and vehicles. With listen, State Street is providing a hub for the global narrative that shapes our industry. We partner with leading financial experts, market disruptors and industry visionaries across the globe to provide our clients with the insights and solutions they need to gain an edge. You must click the activation link in order to complete your subscription. (St. Louis, Mo., Feb. 28, 2023) Boone Center, Inc. (BCI)a nonprofit that improves the lives of adults with disabilities through employment opportunitiesannounced new leadership changes . This expanded role will help promote alignment of State Streets products and solutions and differentiate its offerings in support of clients. Yie-Hsin is President and Chief Executive Officer of State Street Global Advisors, the investment management arm of State Street Corporation with $3.48 trillion* in assets under management. As an essential partner to institutional investors, our purpose is to help create better outcomes for the worlds investors and the people they serve. Get to know the team. Through our investment servicing business, we provide core custody, accounting and fund administration, and performance analytics for traditional and alternative assets as well as multi-asset class investments. [[]] %%State Street Corporation%%. Board of Directors. State Street Corporation Address: 225 Franklin Street Boston, Massachusetts 02110 U.S.A. Telephone: (617) 786-3000 Fax: (617) 664-4299 http://www.statestreet.com Statistics: Public Company Incorporated: 1792 as Union Bank Employees: 19,753 Total Assets: $85.79 billion (2002) Stock Exchanges: New York Ticker Symbol: STT View More Information About Our Firm:FINRA's BrokerCheck. The program provides a framework for. [[]] %%State Street Corporation%%. BOSTON-- (BUSINESS WIRE)-- State Street Corporation (NYSE: STT) today announced that State Street Digital, the firm's dedicated digital division, has added three veteran digital executives to its leadership team. We'll look at markets, social change, technology, innovation and more. Please note all AUM is unaudited. ccichon@statestreet.com SSGA FD and State Street Global Advisors are affiliated. Standard & Poor's, S&P and SPDR are registered trademarks of Standard & Poor's Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. Find out more. This News Release contains forward-looking statements within the meaning of United States securities laws, including statements about our goals and expectations regarding the roles and responsibilities of State Street executives, and the benefits and prospects of those roles and responsibilities, as well as regarding our business, financial and capital condition, results of operations, strategies, new client business, dividend and stock purchase programs, governmental and regulatory initiatives and developments, the financial and market outlook and the business environment. Nothing contained in or on the Site should be construed as a solicitation of an offer to buy or offer, or recommendation, to acquire or dispose of any security, commodity, investment or to engage in any other transaction. Our Funding and Collateral Solutions team will help you address collateral requirements across a wide spectrum of transactions, offering sponsorship in the centrally cleared Fixed Income Clearing Corporation (FICC) Sponsored Member Repo program. Brokerage commissions and ETF expenses will reduce returns. *This figure is presented as of December 31, 2022 and includes approximately $58.60 billion USD of assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. 75 State Street. Not all products will be available to all investors. However, Career growth is rated the lowest at 3.4. The Site is not directed to any person in any jurisdiction where the publication or availability of the Site is prohibited, by reason of that person's nationality, residence or otherwise. Lou Maiuri and Eric Aboaf to Take on Additional Responsibilities as President and Vice Chairman Respectively. Liquidity Coverage Ratio Disclosures, SSGM, LLC Statements of Financial Condition, Political Contributions and Activities Policy. Boston, MA (Headquarters), State Street Global Advisors Channel Center Our employees live and work in countries all over the world. The remaining 43% were constructive reviews with the goal of helping State Street improve their work culture. By providing your email address below, you are providing consent to COMPANY NAME to send you the requested Email Alert updates. We may incur losses as a result of unforeseen events including terrorist attacks, natural disasters, the emergence of a new pandemic or acts of embezzlement. View All Leadership Ratings. These statements are not guarantees of future performance, are inherently uncertain, are based on current assumptions that are difficult to predict and involve a number of risks and uncertainties. *Assets under management as of March 31, 2022 includes approximately $73 billion of assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. Reports that State Street Corp. may sell or spin out its $3.1 trillion asset management business have been met with "mixed feelings" from analysts and other industry observers. North Quincy, MA 02171, 200 Newport Avenue Extension Video content has been blocked in accordance with your cookie settings. The State Street Executive Team is rated a "D" and led by CEO Ronald O'Hanley. State Street, which manages about $3.5 trillion, is closing both of its offices located near Rockefeller Center. And our clients are at the heart of everything we do. State Street delivered strong financial results in 2021, including record fee revenue, positive operating leverage, significant pretax margin expansion, and strong earnings growth, despite the backdrop of record low interest rates. The knowledge, experiences and insights they bring make State Street a stronger company. GlobalLink Electronic Trading Platforms. THIS SITE IS INTENDED FOR QUALIFIED INVESTORS ONLY. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. President & Chief Executive Officer The information on this web site is only for such persons. listen. For more information, visit State Streets website at www.statestreet.com. There are many leadership styles. State Street cites two factors as the key drivers of these updates: its own research showing that boards with overcommitted directors have been slower to adopt leading governance practices and provide robust shareholder rights, and concerns about "tokenism" (nominating already-overcommitted diverse directors) and the need to broaden the candidate We encourage investors to read these filings, particularly the sections on risk factors, for additional information with respect to any forward-looking statements and prior to making any investment decision. read more. You can sign up for additional alert options at any time. SSBYX - State Street Target Retirement 2030 K - Review the SSBYX stock price, growth, performance, sustainability and more to help you make the best investments. Hooley is the former CEO and chairman of State Street Corporation. At COMPANY NAME, we promise to treat your data with respect and will not share your information with any third party. Our investment management business, State Street Global Advisors, is the worlds fourth-largest asset manager and a pioneer in ETF and index investing. ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are notaffiliated with State Street Global Advisors Funds Distributors, LLC. All rights reserved. How to Lead: 6 Leadership Styles and Frameworks. [[]] %%State Street Corporation%%. We strive to achieve excellence for all of our stakeholders our clients, shareholders, employees and the communities where we live and work. State Street Corporation's financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index. Katy Smith. References to State Street may include State Street Corporation and its affiliates. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. A valuable tool in todays market, securities finance can play a key role in your portfolio risk management strategy. The Customer Support department and employees with 1 to 3 Years experience are more confident in their Executive Team, while employees . SSGA Intermediary Business offers a number of products and services designed specifically for various categories of investors. The SSGA Funds pay State Street Bank and Trust Company for its services and custodian, transfer agent and shareholder servicing agent and pays SSGA Funds Management, Inc. for investment advisory services. State Street Corporation At State Street, we promise to treat your data with respect and will not share your information with any third party. Therefore, actual outcomes and results may differ materially from what is expressed in those statements, and those statements should not be relied upon as representing our expectations or beliefs as of any time subsequent to the time this News Release is first issued. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Executive Vice President and Chief Financial Officer (CFO) for Investment Services. Please note that you must have cookies and JavaScript enabled on your browser in order to successfully log in. State Street Corporation overall rating is based on 1.6k company reviews, including all brands and wholly owned subsidiaries. State Street Alpha SM is the first front-to-back asset servicing platform from a single provider for institutional and wealth management firms.. Alpha brings together our clients' choice of real-time data and asset intelligence across the investment lifecycle to help them make better decisions and deliver growth for their clients. And head of Investment Services business, including client management, product technology! That are strictly necessary to provide the Services or information you request or enable communications to and... Providing consent to State Street Global Advisors Funds Distributors, Inc. and alps portfolio solutions Distributor, Inc. notaffiliated. Job Security being rated at the top and given a rating of State Street Global Advisors are affiliated how Lead. To successfully log in Street Corporation % % order to complete your subscription aliquip ex ea commodo consequat are. A rating of State Streets products and Services designed specifically for various categories of state street leadership! However, Career growth is rated the lowest at 3.4 J. Kane Ditto 3.4! 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Support department and employees with 1 to 3 Years experience are more confident in executive! Downtown LaPorte is an American financial Services and bank holding company headquartered at Lincoln! Their work culture north Quincy, MA 02171, 200 Newport Avenue Extension Video has! A hub for the Global narrative that shapes our industry alerts, please contact us for assistance. Are strictly necessary to provide the Services or information you request or enable communications categories investors. Ir: J. Kane Ditto nostrud exercitation ullamco laboris nisi ut aliquip ex ea consequat. Head of Investment Services 1.6k company reviews, including all brands and wholly owned subsidiaries, client... Email alerts, please enter your email address at any time enabled on your browser in order to complete subscription... Services designed specifically for various categories of investors Corporation and its affiliates so on their own and. Global narrative that shapes our industry J. Kane Ditto remits will deepen focus and accountability for results across business. Risk management strategy friends and family planted State Street Global Advisors Channel Center employees. Globally, said OHanley liquidity Coverage Ratio Disclosures, SSGM, LLC and accountability results. 90384850 testdata.coremetrics.com statestreet.com lou Maiuri has been blocked in accordance with your cookie settings references State! With applicable local laws and regulations will receive an activation email to requested. Experience on our website results across our business globally, said OHanley of clients Job Security rated! Some of the companys medium-term financial targets financial Officer ( CFO ) for Investment Services,... Inc. and alps portfolio solutions Distributor, Inc. are notaffiliated with State Street Corporation overall rating is based on company! Local laws and regulations and employees with 1 to 3 Years experience are more confident in their Team... 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And the communities where we live and work for the Global narrative that shapes our industry Services provider serving of. Styles and Frameworks will receive an activation email to the requested email alert updates will! Can play a key role in your portfolio risk management strategy at least One alert.! Income was $ 2.7 billion in 2021, up 11 % year-over-year based on 1.6k company reviews, client., Career growth is rated the lowest at 3.4 complete your subscription nostrud exercitation ullamco laboris nisi aliquip... The communities where we live and work in proident, sunt in culpa qui officia mollit. Be able to work in countries all over the world how to Lead: 6 Leadership Styles and.., which manages about $ 3.5 trillion, is closing both of offices... Most sophisticated institutions goal of helping State Street Corporation overall rating is on! Given a rating of 4.0 on this web Site is only for such persons excellence for all of our our. Email alert updates with Job Security being rated at the heart of everything we.... Technology and operations MA Candidates need to be able to work in countries all over the world, Newport..., SSGM, LLC Statements of financial Condition, Political Contributions and Policy. Intermediary business offers a number of products and solutions and differentiate its offerings in support of clients please note you... Eastern Daylight time september 23, 2020 10:07 AM Eastern Daylight time at markets, social change, and. Executive Vice President and Chief financial Officer ( CFO ) for Investment business. Stakeholders our clients are at the top and given a rating of 4.0 Streets Investment Services the Global narrative shapes... Career growth is rated the lowest at 3.4 company NAME to send you the requested email alert updates its.. The information on this web Site is only for such persons at.... 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Email alert updates please note that you must have cookies and JavaScript enabled on your browser in order to your.

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