18 July 2019
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Latest articles for State Street Corporation

 

Big banks create Utility Settlement Coin company

03 June 2019  |  15392 views  |  0 News

Some of the world's biggest financial services firms - including Barclays, Nasdaq and UBS - have pumped £50 million into a new venture building a Utility Settlement Coin (USC), an asset-backed digital cash instrument implemented on distributed ledger technology.

 

State Street puts Maiuri in charge of global technology

27 February 2019  |  4033 views  |  0 News

State Street has promoted thirty-year industry veteran Lou Maiuri as chief operating officer with overarching responsibility for technology, operations, product and innovation across the group.

 

State Street signs up for AWS Backup service

18 January 2019  |  10251 views  |  0 News

Financial services giant State Street is one of the first firms to sign on for Amazon Web Services' new AWS Backup, a fully-managed, centralised service to automate backups of data and meet regulatory requirements.

 

Institutional investors ready to embrace new tech

12 December 2018  |  15157 views  |  0 News

Institutional investors are warming to the use of emerging technology to hit their growth objectives in a challenging market, according to a survey conducted by State Street.

 

State Street completes acquisition of Charles River Development

05 October 2018  |  3948 views  |  0 Company announcement

State Street Corporation (NYSE: STT) today announced that it has completed its acquisition of Charles River Systems, Inc. (Charles River Development).

 

More than half of asset managers plan to hire in new locations as Brexit negotiations drag on

30 July 2018  |  2932 views  |  0 Company announcement

State Street Corporation (NYSE: STT) today announced the latest findings from its research, the State Street 2018 Fund Strategy Survey, which surveyed 250 asset managers globally and analysed how they are developing cross-border strategies, including the factors influencing their choice of fund vehicle, passport and domicile location.

 

State Street to acquire Charles River Development

20 July 2018  |  7148 views  |  0 News

State Street is to acquire Charles River Development in an all cash transaction valued at $2.6 billion.

 

Bloomberg curates Twitter feed for algo traders; State Street reads the news

19 July 2018  |  9882 views  |  0 News

Bloomberg is launching a real-time feed of curated Twitter data, sifting through the deluge of social media sentiment to pick out the most useful content for its algorithmic trading clients.

 

Former State Street EVP convicted over scheme to defraud insitutional investors

27 June 2018  |  2593 views  |  0 Company announcement

A former executive vice president of State Street Bank & Trust was convicted today by a federal jury in Boston in connection with engaging in a scheme to defraud at least six of the bank’s clients through secret commissions applied to billions of dollars of securities trades.

 

More than half of institutional investors plans to outsource data management by 2021

09 May 2018  |  2207 views  |  0 Company announcement

State Street Corporation (NYSE: STT) announced today new research[1], which reveals that more than half (60 percent) of institutional investors surveyed plan to partly or fully outsource their data management over the next three years.

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