BOSTON--(BUSINESS WIRE)--
State Street Corporation (NYSE:STT) today announced that it has filed
its 2017 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 2017
regulatory 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 $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 Corporation
Anthony Ostler, +1 617-664-3477
or
Carolyn
Cichon, +1 617-664-8672
Source: State Street Corporation