State Street Corporation Announces Results of Its 2019 Mid-Cycle Stress Test
November 04 2019 - 4:17PM
Business Wire
State Street Corporation (NYSE:STT) today announced the results
of its 2019 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.
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 one of the world's leading providers of financial
services to institutional investors including investment servicing,
investment management and investment research and trading. With
$32.90 trillion in assets under custody and administration and
$2.95 trillion* in assets under management as of September 30,
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 $44
billion as of September 30, 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.
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Ilene Fiszel Bieler +1 617-664-3477 Marc Hazelton +1
617-662-1860
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