State Street Corporation Announces Results of Its 2017 Annual Stress Test
June 22 2017 - 4:33PM
Business Wire
State Street Corporation (NYSE:STT) today announced the results
of its 2017 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 CorporationState 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 $29.8 trillion in assets under custody and
administration and $2.6 trillion* in assets under management as of
March 31, 2017, State Street operates in more than 100 geographic
markets worldwide, including the US, Canada, Europe, the Middle
East and Asia. For more information, visit State Street’s website
at www.statestreet.com.
* Assets under management include approximately $33 billion as
of March 31, 2017, for which State Street Global Markets, LLC, an
affiliate of SSGA, serves as the distribution agent.
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State Street CorporationAnthony Ostler, +1 617-664-3477orCarolyn
Cichon, +1 617-664-8672
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