State Street Announces Recovery and Resolution Plan for 2019
July 23 2019 - 4:15PM
Business Wire
State Street Corporation (NYSE:STT) today announced that it has
filed its 2019 resolution plan.
State Street, along with other banking institutions with $50
billion or more in total assets, periodically prepares and files
its resolution plan, commonly referred to as a “living will,” with
the Board of Governors of the Federal Reserve System and the
Federal Deposit Insurance Corporation. The resolution plan details
State Street’s efforts to enhance resolvability across its business
in line with applicable rules and guidance.
The Public Section of State Street’s resolution plan can be
found in the Investor Relations section of its website, at
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 $32,643 billion in assets
under custody and administration and $2,805 billion* in assets
under management as of March 31, 2019, State Street operates
globally in more than 100 geographic markets and employs
approximately 40,000 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 $33
billion as of March 31, 2019), for which State Street Global
Advisors Funds Distributors, LLC (SSGA FD) serves as marketing
agent; SSGA FD and State Street Global Advisors are affiliated.
State Street Corporation One Lincoln Street, Boston, MA
02111-2900.
© 2019 State Street Corporation - All Rights Reserved
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version on businesswire.com: https://www.businesswire.com/news/home/20190723005859/en/
Marc Hazelton +1 617 662 1860 MHAZELTON@StateStreet.com
@StateStreet
Ilene Fiszel Bieler +1 617 664 3477 IR@StateStreet.com
@StateStreet
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