BOSTON--(BUSINESS WIRE)--
State Street Corporation (NYSE:STT) today announced the results of its
2018 annual stress test. Consistent with section 165 of the Dodd-Frank
Wall Street Reform and Consumer Protection Act, the results are based on
the supervisory severely adverse scenario and incorporate prescribed
Dodd-Frank capital actions. State Street, like other companies covered
by the provisions of section 165 of the Dodd-Frank Act, is required to
conduct company-run stress tests semi-annually and to disclose summary
results of those company-run stress tests under the severely adverse
scenario. State Street’s disclosure 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 $33.3 trillion in assets under custody and administration
and $2.7 trillion* in assets under management as of March 31, 2018,
State Street operates in more than 100 geographic markets and employs
37,192 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 $36 billion as
of March 31, 2018), 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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State Street Corporation
Ilene Fiszel Bieler, +1 617-664-3477
or
Marc
Hazelton, +1 617-513-9439
Source: State Street Corporation