|Bid||84.053 x 40000|
|Ask||84.353 x 40000|
|Day's range||83.985 - 83.985|
|52-week range||61.057 - 84.129|
|PE ratio (TTM)||15.51|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||N/A|
Decent loan growth along with higher rates should boost State Street's (STT) NII in Q3. Further support expected from improvement in margin.
State Street Corp has drawn praise for its efforts to put more women on corporate boards, notably the "Fearless Girl" statue it placed near Wall Street. Of eight shareholder resolutions on board diversity 2017 at Russell 3000 companies, funds run by the Boston-based custody bank's asset-management arm backed one, opposed four and abstained on three others, according to a recent analysis for Reuters News by researcher Proxy Insight. State Street (STT.N) says it engages with companies in many ways and voted against directors when necessary.
State Street Global Advisors is overhauling of more than a dozen ETFs, slashing management fees and rebranding funds in a bid to lure retail investors and financial advisers.
There are plenty of reasons for companies to pay attention to and promote gender equality. The relatively tiny settlement might have gone unnoticed had its State Street Global Advisors, or SSGA, division not made equality the focal point of a marketing campaign that included installing the Fearless Girl sculpture in front of the Wall Street Charging Bull last March. The campaign, which won a record number of awards, went from Instagram hit to Twitter target: “NYC should return her to #StateSt.” “Not a woman in the world surprised by corporate hypocrisy.” “#Hoodwinked.” For its part, State Street says the settlement was based on 2010 and 2011 data from a routine audit by the Department of Labor, which concluded that 305 women and 15 minorities had been underpaid relative to their peers.
The financial services firm behind Wall Street's "Fearless Girl" statue agreed to pay $5 million to settle federal allegations that it paid female executives less than their male counterparts. ...
State Street Corp., the investment company that commissioned the “Fearless Girl” statue on Wall Street, has agreed to pay $5 million to settle allegations it discriminated against hundreds of female employees....
State Street Corp., the $2.6 trillion asset manager that installed the Fearless Girl statue on Wall Street, agreed to settle U.S. allegations that it discriminated against hundreds of female executives ...
A former State Street Corp executive on Wednesday became the second person to plead guilty to participating in what U.S. prosecutors say was a scheme to defraud six clients through secret commissions on billions of dollars of trades. Richard Boomgaardt, who lives in Britain and was head of State Street's transition management desk for Europe, the Middle East and Africa, pleaded guilty in federal court in Boston to conspiring to commit wire fraud and securities fraud. Boomgaardt, a citizen of Canada and the Netherlands, entered his plea two weeks after Edward Pennings, a former senior managing director in State Street's London office, pleaded guilty to a conspiracy charge in connection with the same scheme.
A former State Street Corp executive pleaded guilty on Wednesday in connection with what U.S. prosecutors said was a scheme to defraud six clients through secret commissions on billions of dollars worth of trades. Edward Pennings, a former senior managing director in State Street's London office, pleaded guilty in federal court in Boston to one count of conspiring to commit wire fraud and securities fraud, prosecutors said.
A second former State Street Corp executive is expected to plead guilty in connection with what U.S. prosecutors say was a scheme to defraud six clients through secret illicit commissions on billions of dollars of trades. Richard Boomgaardt, who lives in Britain and was head of State Street's transition management desk for Europe, the Middle East and Africa, is expected to plead guilty to conspiring to commit wire fraud and securities fraud on July 12. The plea, disclosed in a court calendar notice on Thursday, would make him the second former State Street executive to plead guilty in the case, which is pending in federal court in Boston.
State Street Corp will pay $64.6 million to resolve U.S. investigations into what prosecutors said was a scheme to defraud six clients through secret commissions on billions of dollars of trades, authorities said on Wednesday. Under the deal, State Street entered into a deferred prosecution agreement with federal prosecutors in Boston and agreed to pay $32.3 million. As part of the deal, State Street admitted to conspiring to add secret commissions on trades performed for the six clients, prosecutors said.