BOSTON--(BUSINESS WIRE)--
State Street Corporation (NYSE:STT) today announced the results of its
2018 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.
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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 the world's leading provider of
financial services to institutional investors including investment
servicing, investment management and investment research and trading.
With $33,996 billion in assets under custody and administration and
$2,810 billion* in assets under management as of September 30, 2018,
State Street operates globally in more than 100 geographic markets and
employs over 39,000 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 $28 billion as
of September 30, 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, +1 617-662-1860
Source: State Street Corporation