BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced the results of its 2017 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.
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 the world's leading provider of financial services to
institutional investors including investment servicing, investment
management and investment research and trading. With $32.1 trillion in
assets under custody and administration and $2.7 trillion* in assets
under management as of September 30, 2017, State Street operates
globally in more than 100 geographic markets and employs 36,303
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 September 30, 2017), for which State Street Global Markets, LLC, an affiliate of SSgA, serves as the marketing agent.
