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Topic: State Street Corporation


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In the News (Wed 11 Nov 09)

  
  State Street Corporation - Wikipedia, the free encyclopedia
State Street focuses its services on institutional investors and investment management.
State Street's GlobalLink intranet is used by financial institutions all over the world to transfer funds and track capital flows.
State Street Corporation has been in business since 1792 and is one of the oldest companies in the United States.
en.wikipedia.org /wiki/State_Street_Corporation   (256 words)

  
 FDIC: FDIC Federal Register Citations
State Street, however, is a specialized bank, focused on fee-based investment servicing and management, with relatively modest exposure to traditional bank lending.
However, State Street does not directly or indirectly originate any of the underlying exposures held by the conduits it sponsors, and does not have access to the proprietary PD (probability of default) data required under the Supervisory Formula Approach (SFA).
State Street is highly attentive to the issue of operational risk, and effectively managing such risk is a key element of confidence in our relationship with our clients.
www.fdic.gov /regulations/laws/federal/03cstatest.html   (4439 words)

  
 State Street Launches Financial Digest of Securities Lending; Effort Demonstrates State Street's Market Leadership and ...
State Street Corporation, (NYSE:STT), the world's leading specialist in meeting the needs of sophisticated global investors and a world leader in securities lending, today announced the launch of State Street's Financial Digest of Securities Lending, an ongoing series of articles that offers a comprehensive overview of sophisticated securities lending principles and practices.
State Street's securities lending program is available to all institutional investors, whether their assets are held in custody at State Street or elsewhere.
State Street Global Securities Lending announced in October 2002 that it was named "Top Lender (Rated by Borrowers)" for the second consecutive year in International Securities Finance's Global Equity Finance Survey.
www.highbeam.com /library/docfree.asp?DOCID=1G1:96903524&ctrlInfo=Round19:Mode19a:DocG:Result&ao=   (438 words)

  
 State Street - Wikipedia, the free encyclopedia
State Street is a common American street name.
Like Broad Street and Main Street, State street may refer to a main artery through a city.
A major street in Santa Barbara, California, in the United States; see State Street (Santa Barbara).
en.wikipedia.org /wiki/State_Street   (152 words)

  
 Community Affairs
In 2005, State Street devoted 1.25% of its pre-tax profits to the State Street Foundation, a charitable trust that was established in 1977.
State Street is classified as a wholesale bank under U.S. Community Reinvestment Act (CRA) regulations and is evaluated every two years on its record of meeting the needs of communities in which it operates, particularly in low- and moderate-income neighborhoods.
State Street's CRA performance is rated "Outstanding" by both the Federal Reserve Bank and Commonwealth of Massachusetts Division of Banks examiners.
www.statestreet.com /company/community_affairs/overview.html   (351 words)

  
 Bel Air | Press Release: State Street Purchases Bel Air   (Site not responding. Last check: 2007-08-24)
State Street Global Advisors (SSgA), the investment management arm of State Street, will significantly enhance its position as a premier provider of wealth management services to the high net worth individual through this transaction.
State Street announced in December 2000 that it had signed a definitive agreement to purchase a majority interest in Bel Air Investment Advisors LLC.
State Street Corporation's common stock is traded on the New York Stock Exchange under the symbol STT.
www.belair-llc.com /news/pr02082001.htm   (629 words)

  
 State Street Launches Industry's First Canadian Cash Collateral Fund (State Street Corporation) - STT Pressi.com   (Site not responding. Last check: 2007-08-24)
State Street is the first lending agent in Canada to provide a Canadian dollar, cash collateral re-investment option.
State Street worked for several years with both regulators and clients to promote the mutual-fund rule change and to create the cash collateral reinvestment fund.
State Street Corporation (NYSE: STT) is the world's leading specialist in providing institutional investors with investment servicing, investment management, research and analytics and trading services.
www.pressi.com /us/release/83535.html   (550 words)

  
 State Street Corporation   (Site not responding. Last check: 2007-08-24)
State Street Corporation is a bank holding company listed on the New York Stock Exchange and is part of the S&P 500.
As a full-service provider, State Street offers: domestic and global custody; shareholder and unitholder recordkeeping; lines of credit; offshore fund administration services; brokerage services; on-shore administration services including compliance, and financial statement preparation; foreign exchange; securities lending; cash management; yield calculations; multiple share class accounting; multicurrency accounting; and master/feeder accounting and administration.
In 1995, State Street and DST International Ltd formed EFDS U.K. Ltd, a joint venture company based in the U.K., to develop and market a multicurrency shareholder accounting system to serve the U.K. and European marketplace.
www.eubfn.com /arts/state_st.htm   (828 words)

  
 Boston Bank Is Fined Over Bond Trades - New York Times
A unit of the State Street Corporation, a Boston bank, was fined $1.4 million yesterday by NASD for its failure to report thousands of corporate and municipal bond trades over a 17-month period.
The $5 billion in unreported trades included 89 percent of the corporate bond trades and 79 percent of the municipal bond trades cleared by the unit, known as State Street Global Markets, from July 2003 through December 2004, the NASD said.
The NASD said State Street was supposed to report the transactions to electronic systems overseen by regulators that are intended to make it easier for bond investors to get information on how debt is trading.
www.nytimes.com /2005/11/23/business/23street.html?ex=1290402000&en=2750467e9bfe50d7&ei=5088&partner=rssnyt&emc=rss   (524 words)

  
 MSN Money - STT Key Developments: Investing
State Street Corporation announced a quarterly dividend of $0.19 per share, payable April 17, 2006, to stockholders of record as of April 3, 2006.
State Street Corporation announced that it expects full year 2006 revenue growth of 8% to 12% and earnings per share growth of 10% to 15%.
State Street Corporation announced that it has been appointed by John Hancock Funds II to provide custody, fund accounting and securities lending services to John Hancock Funds' Lifestyle Portfolios.
news.moneycentral.msn.com /ticker/sigdev.asp?Symbol=STT   (355 words)

  
 Press Releases
State Street Corporation (NYSE: STT) announced today that it has increased its quarterly dividend from $.13 per share to $.14 per share, payable July 15, 2003, to stockholders of record as of July 1, 2003.
State Street Corporation is the world's leading specialist in providing sophisticated global investors with investment servicing, investment management, investment research and trading services.
With $7.9 trillion in assets under custody and $788 billion in assets under management, State Street is headquartered in Boston, Massachusetts and operates in 21 countries and over 100 markets worldwide.
www.statestreet.co.uk /en/media/press_release/20030619_1.html   (139 words)

  
 ThinkKC > State Street Corporation
State Street Corporation opened a high-tech data processing center in Kansas City, which will employ 100 information technology professionals.
Boston-based State Street Corporation is one of the oldest and largest financial institutions in the U.S., with customers in 80 countries and approximately $422 billion in assets.
This year, State Street ranked seventh on Information Week magazine’s ranking of the 500 most innovative users of information technology, and Wired magazine named it one of the top 40 companies “shaping the new economy.
www.smartkc.com /1_kcnews/1c_article_archives/1998/statestreet_98.htm   (229 words)

  
 UMB Bank - UMB BANK TO ACQUIRE STATE STREET'S MISSOURI TRUST COMPANY   (Site not responding. Last check: 2007-08-24)
State Street, one of the nation's five largest providers of corporate trust services, with offices in Boston, Hartford, Los Angeles and New York, will continue to offer a wide range of trust services to its large client base.
"State Street is strongly committed to the corporate trust business and we believe this transaction will assist us in executing our strategy of providing high-quality service to our clients domestically as well as in the global markets.
State Street encourages investors to review its annual report and SEC filings in conjunction with this announcement and prior to making any investment decision.
www.umb.com /news/articles/66.html   (727 words)

  
 United Way - Thank You State Street Corporation
Since 1997, State Street has championed United Way's National Volunteer Week celebration, hosting volunteer activities around the city and honoring outstanding volunteers in the local community.
State Street follows United Way's "10 Steps to Running a Successful Campaign" to a T. If you're not already using these guidelines, click here to learn more.
"State Street is involved with philanthropic endeavors across the world, but supporting United Way here at home has special meaning," said George A. Russell, Jr., executive vice president of community affairs.
www.uwmb.org /thankyou/ssc.htm   (466 words)

  
 Investor's Business Daily: Breaking News
State Street established its Canadian presence in 1990, opening its first office in Toronto.
Prior to joining State Street, Courville held a variety of positions as money market, currency and derivative trader and currency strategist with a major Canadian financial institution in Montreal and London.
State Street Corporation (STT) is the world's leading specialist in providing institutional investors with investment servicing, investment management and investment research and trading.
www.investors.com /breakingnews.asp?journalid=25711206   (622 words)

  
 State Street News   (Site not responding. Last check: 2007-08-24)
Financial services company State Street Corp. awarded Chairman and Chief Executive Ronald E. Logue a bonus of $5 million for 2005, up from $2.8 million in 2004.
A CSX railroad yard off of State Street in Cayce was evacuated for several hours early Sunday morning after a toxic chemical leaked from a train car, the director of Cayce's Department of Public Safety said.
State Street Corporation, the world's leading provider of financial services to institutional investors, announced today that it has developed a fully automated technology solution for its pension customers in...
www.topix.net /com/stt   (710 words)

  
 Investor's Business Daily: Breaking News
The licensing rights, which State Street has acquired from PDR and the AMEX, grant State Street the use of the SPDRs, MidCap SPDRs and DIAMONDS trademarks together with certain other trademarks of Standard and Poors(R) and Dow Jones(R), including the S&P 500(R), the S&P MidCap 400 and the Dow Jones Industrial Average(TM).
Other important factors that could cause actual results to differ materially from those indicated by any forward-looking statements are set forth in State Street's 2004 annual report on Form 10-K and subsequent SEC filings.
State Street encourages investors to read the Corporation's annual report, particularly the section on factors that may affect financial results, and its subsequent SEC filings for additional information with respect to any forward-looking statements and prior to making any investment decision.
www.investors.com /breakingnews.asp?journalid=32612163   (710 words)

  
 State Street Corporation   (Site not responding. Last check: 2007-08-24)
The information presented on The Corporate Library website is believed to be reliable but cannot be warranted or guaranteed as to accuracy, completeness, timeliness or in any other way.
While we have made every reasonable effort to ensure that the material on our site is both timely and accurate, The Corporate Library and its information providers shall not be liable for any errors in content or for any actions taken in reliance thereon.
Information presented on the The Corporate Library website is provided for your personal use only and may not be reproduced or retransmitted in any way without the express written consent of The Corporate Library LLC nor used for any unlawful purpose.
www.thecorporatelibrary.com /ceos/LinkDetail.asp?Company_ID=10426   (185 words)

  
 SSRN-State Street Corporation: Evolving IT Governance by Peter Weill, Richard Woodham   (Site not responding. Last check: 2007-08-24)
State Street, a world leader in financial services, has more than 20 entrepreneurial business units which continually identify customer needs and create new products and services, usually heavily IT dependent, often leading their industry in time to market.
To enable these businesses, State Street invests between 20 and 25% of total operating expenses in technology and technologists.
This case explores how State Street redesigned its IT governance to enable a major change in the firm's strategy.
papers.ssrn.com /sol3/papers.cfm?abstract_id=317140   (270 words)

  
 Careers   (Site not responding. Last check: 2007-08-24)
As a leading specialist in meeting the needs of sophisticated global investors through the entire investment cycle, we need talented people at our Kansas City location to support our growing client base, some of the biggest names in mutual funds, banking and insurance.
If you're looking to build a challenging and rewarding career, State Street may be the place for you.
At State Street, you'll enjoy a fast-paced environment, competitive salary, work/life programs, and opportunities for career advancement.
www.statestreetkc.com /Careers/careers.html   (168 words)

  
 State Street - Kansas City
Through technological leadership, a deep understanding of client requirements and experience in every aspect of the investment process, State Street has earned its reputation as the world's leading provider of services to sophisticated global investors.
With more than $9.5 trillion in assets under custody and $1.4 trillion under management, State Street is a world leader in financial services.
With over 18,000 employees worldwide, including more than 1,100 professionals in Kansas City, State Street offers the strength and stability of a global franchise while providing the local expertise and relationship focus to help our clients succeed.
www.statestreetkc.com   (175 words)

  
 ZoomInfo Web Summary: State Street Global Advisors Ltd
State Street Global Advisors, the investment management group of State Street Corporation, delivers investment strategies and integrated solutions to clients worldwide across every asset class, investment approach and style.
State Street Global Advisors (SSgA) is the invesment management arm of State Street Corporation.
State Street Global Advisors (SSgA) is an acknowledged leader in institutional investing with $1.4 trillion in assets under management.
www.zoominfo.com /Search/CompanyDetail.aspx?CompanyID=111706278&cs=QEGqICm7k   (381 words)

  
 Shareholders Online
Lopardo was formerly (1) a Director of State Street Corporation; (2) Vice Chairman of State Street Corporation; (3) Chairman of State Street Global Advisors ("SSgA"), the asset management division of State Street Corporation; and (4) a Director of the Boston Stock Exchange.
Holmes was formerly the head of the Enhanced Equity Management group at State Street Global Advisors, and recently took the Voluntary Separation Program offer at State Street.
A basic amount of press coverage is the result of inquiries from journalists, but a steadily high level of favorable attention is the result of continuous initiatives by State Street and its public relations counsel toward selected editors, reporters and broadcast producers.
www.shareholdersonline.org   (624 words)

  
 Print Version - Rwiz Facilitates Quick Queries for State Street Corporation | Business intelligence, data warehousing ...
State Street's customers include mutual fund companies and other investment managers, corporations, public pension funds, unions, non-profit organizations, and families and individuals.
Founded as a bank in 1792 in Boston, Massachusetts, State Street today offers a broad and flexible product line, leading-edge technology and 19,600 employees focused on providing our customers with state-of-the-art service, anywhere, in any currency.
With $6.1 trillion in assets under custody and $727 billion in assets under management, we have the focus, experience and technology to support the daily needs of our customers and the beneficiaries and shareholders they represent.
www.dmreview.com /editorial/dmreview/print_action.cfm?articleId=4504   (635 words)

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