state street leadershipBlog

state street leadership

With global coverage supported by five regional trading desks, we provide access to tailored financing solutions across a range of strategies and asset classes. HQ - Boston, Massachusetts, United States Financial . Not FDIC Insured * No Bank Guarantee * May Lose Value. Lou Maiuri and Eric Aboaf to Take on Additional Responsibilities as President and Vice Chairman Respectively. Out of 116 State Street employee reviews, 57% were positive. State Street Corp. operates as a financial holding company. State Street Corporation overall rating is based on 1.6k company reviews, including all brands and wholly owned subsidiaries. As a member of our team, youll have access to competitive benefits, resources for networking and mentorship, flexible work options and a wealth of development programs to help you reach your full potential. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. One example, where I led the newsletter for BPG and career committee for PWN, thinking of innovative events, tapping State Street leadership and creating content that employees, like myself, would be interested to learn more about, and consider the journey as the corporate lattice as opposed to the corporate ladder. In addition to Aboafs appointment to vice chairman, he now has expanded responsibility for State Streets Global Markets business. The products and services described on this web site are intended to be made available only to persons in the United States, and the information on this web site is only for such persons. Our employees live and work in countries all over the world. Board of Directors. We partner with leading financial experts, market disruptors and industry visionaries across the globe to provide our clients with the insights and solutions they need to gain an edge. At COMPANY NAME, we promise to treat your data with respect and will not share your information with any third party. SSGA Intermediary Business offers a number of products and services designed specifically for various categories of investors. That commitment has earned us recognition in key industry surveys and awards. Boston, MA (Headquarters), State Street Global Advisors Channel Center The consummation of our planned acquisition of the BBH Investor Services business is subject to the receipt of regulatory approvals and the satisfaction of other closing conditions, the failure or delay of which may prevent or delay the consummation of the acquisition; while we are evaluating potential modifications to the transaction that are intended to facilitate resolution of the bank regulatory review, there can be no assurance as to the timing or outcome of that review; Even if we successfully consummate our planned acquisition of the BBH Investor Services business, we may fail to realize some or all of the anticipated benefits of the transaction or the benefits may take longer to realize than expected; We are subject to intense competition, which could negatively affect our profitability; We are subject to significant pricing pressure and variability in our financial results and our AUC/A and AUM; Our development and completion of new products and services, including State Street Digital or State Street Alpha, and the enhancement of our infrastructure required to meet increased regulatory and client expectations for resiliency and the systems and process re-engineering necessary to achieve improved productivity and reduced operating risk, may involve costs and dependencies and expose us to increased risk; Our business may be negatively affected by our failure to update and maintain our technology infrastructure; The COVID-19 pandemic continues to exacerbate certain risks and uncertainties for our business; Acquisitions, strategic alliances, joint ventures and divestitures, and the integration, retention and development of the benefits of our acquisitions, pose risks for our business; Competition for qualified members of our workforce is intense, and we may not be able to attract and retain the highly skilled people we need to support our business; We could be adversely affected by geopolitical, economic and market conditions, including, for example, resulting from the present conflict in Ukraine; We have significant International operations, and disruptions in European and Asian economies could have an adverse effect on our consolidated results of operations or financial condition; Our investment securities portfolio, consolidated financial condition and consolidated results of operations could be adversely affected by changes in the financial markets; Our business activities expose us to interest rate risk; We assume significant credit risk to counterparties, who may also have substantial financial dependencies with other financial institutions, and these credit exposures and concentrations could expose us to financial loss; Our fee revenue represents a significant portion of our consolidated revenue and is subject to decline based on, among other factors, market and currency declines, investment activities of our clients and their business mix; If we are unable to effectively manage our capital and liquidity, our consolidated financial condition, capital ratios, results of operations and business prospects could be adversely affected; We may need to raise additional capital or debt in the future, which may not be available to us or may only be available on unfavorable terms; If we experience a downgrade in our credit ratings, or an actual or perceived reduction in our financial strength, our borrowing and capital costs, liquidity and reputation could be adversely affected; Our business and capital-related activities, including common share repurchases, may be adversely affected by capital and liquidity standards required as a result of capital stress testing; We face extensive and changing government regulation in the jurisdictions in which we operate, which may increase our costs and compliance risks; We are subject to enhanced external oversight as a result of the resolution of prior regulatory or governmental matters; Our businesses may be adversely affected by government enforcement and litigation; Any misappropriation of the confidential information we possess could have an adverse impact on our business and could subject us to regulatory actions, litigation and other adverse effects; Our calculations of risk exposures, total RWA and capital ratios depend on data inputs, formulae, models, correlations and assumptions that are subject to change, which could materially impact our risk exposures, our total RWA and our capital ratios from period to period; Changes in accounting standards may adversely affect our consolidated financial statements; Changes in tax laws, rules or regulations, challenges to our tax positions and changes in the composition of our pre-tax earnings may increase our effective tax rate; The transition away from LIBOR may result in additional costs and increased risk exposure; Our control environment may be inadequate, fail or be circumvented, and operational risks could adversely affect our consolidated results of operations; Cost shifting to non-U.S. jurisdictions and outsourcing may expose us to increased operational risk, geopolitical risk and reputational harm and may not result in expected cost savings; Attacks or unauthorized access to our information technology systems or facilities, or those of the third parties with which we do business, or disruptions to our or their continuous operations, could result in significant costs, reputational damage and impacts on our business activities; Long-term contracts expose us to pricing and performance risk; Our businesses may be negatively affected by adverse publicity or other reputational harm; We may not be able to protect our intellectual property; The quantitative models we use to manage our business may contain errors that could result in material harm; Our reputation and business prospects may be damaged if our clients incur substantial losses or are restricted in redeeming their interests in investment pools that we sponsor or manage; The impacts of climate change, and regulatory responses to such risks, could adversely affect us; and. Standard & Poor's, S&P and SPDR are registered trademarks of Standard & Poor's Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. Here is the job description: These cookies are strictly necessary to provide the services and information you request, as well as enable website navigation and communication. State Street Corp (NYSE:STT) State Street Corp. Institutional investors hold a majority ownership of STT through the 91.49% of the outstanding shares that they control. President & Chief Executive Officer. Persons under these restrictions must not access the Site. Vice President of Senior Living. Learn about the StateStreet Group leadership team and contact them by viewing this page. Meet our team Diversity, Equity and Inclusion Our employees live and work in countries all over the world. State Street Corporation Address: 225 Franklin Street Boston, Massachusetts 02110 U.S.A. Telephone: (617) 786-3000 Fax: (617) 664-4299 http://www.statestreet.com Statistics: Public Company Incorporated: 1792 as Union Bank Employees: 19,753 Total Assets: $85.79 billion (2002) Stock Exchanges: New York Ticker Symbol: STT BOSTON-- (BUSINESS WIRE)-- State Street Corporation (NYSE: STT) today announced that State Street Digital, the firm's dedicated digital division, has added three veteran digital executives to its leadership team. We may incur losses as a result of unforeseen events including terrorist attacks, natural disasters, the emergence of a new pandemic or acts of embezzlement. We're at the heart of financial services. Our leadership team is backed by more than 500 market cycle-tested investment professionals. Leadership | State Street Bank and Trust Company Leadership Leadership Carousel Name Placeholder Founder & CEO Name2 Placeholder SVP, Global Head Of Sales Name Placeholder 2 SVP, Global Head Of Sales Name3 Placeholder SVP, Operations Name Dolor Placeholder3 Lorem ipsum dolor sit amet Name Placeholder Founder & CEO All persons and entities accessing the Site do so on their own initiative and are responsible for compliance with applicable local laws and regulations. All rights reserved. State Street Employee Reviews In Other Categories. State Street Corporation's financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index. We routinely use some cookies that are strictly necessary to provide the services or information you request or enable communications. Forward-looking statements are often, but not always, identified by such forward-looking terminology as will, forward, "strategy," "target," guidance, expect, priority, objective, plan, forecast, believe, anticipate, estimate, seek, may, outlook, trend, intend and goal, or similar statements or variations of such terms. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Quincy, MA 02171. 75 State Street. ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Through the Depository Trust & Clearing Corporation (DTCC), Chief Risk Officer for State Street Corporation, President and Chief Executive Officer, State Street Global Advisors, Head of Financing and Collateral Solutions and Securities Finance, Head of State Street Global Advisors EMEA and Head of the Global SPDR ETF Business, Executive Vice President and Deputy General Counsel, Chief Technology Officer, Global Technology Services, Head of Asset Manager Segment for North America. Rated State Street Leadership the Lowest. More. Reports that State Street Corp. may sell or spin out its $3.1 trillion asset management business have been met with "mixed feelings" from analysts and other industry observers. Text. With Insights, you can read market commentary from our team of macro strategists and explore the most interesting trends in our daily indicators of investor behavior, risk, inflation and sentiment based on . My Background: Junior at Umass-Lowell Majoring in Economics Minor in Math Previous Internship at Bain Capital. The information on this web site is only for such persons. Leaderships | State Street About Executive Committee Ronald P. O'Hanley Chairman and Chief Executive Officer Read biography Lou Maiuri President, Chief Operating Officer and Head of Investment Services Read biography Eric Aboaf Vice Chairman and Chief Financial Officer Read biography Andrew Erickson Department - Operations-23%. 75 State Street. With State Street DigitalSM, were building on our strong digital services platforms and solutions to help clients transition and thrive in the new digital economy. As an essential partner to institutional investors, our purpose is to help create better outcomes for the worlds investors and the people they serve. State Street Global Markets | Insights. BOSTON-- (BUSINESS WIRE)-- State Street Corporation (NYSE: STT) announced today senior management changes to help build on its business momentum and deliver its strategic growth objectives. Get to know our executive team. Updated Jan 9, 2023. State Street's Leadership Development Program is a rotational program designed to identify and develop future leaders within the organization. Lou Maiuri and Eric Aboaf to Take on Additional Responsibilities as President and Vice Chairman Respectively. On average, Men provided higher ratings for their Executive Team compared to Women. Executive Vice President andGlobal Head of Talent Marketplace, Executive Vice President and Head of Legal, Corporate andGlobal Delivery, Executive Vice President and Global Head of ESG, Executive Vice President and Chief Operating Officerfor State Street Global Advisors, Executive Vice President andExecutive Business Manager for Investment Services, Executive Vice Presidentand Head of Client Experience, Executive Vice President and Chief Product Officer, Executive Vice President and Chief Operating Officer for EMEA, Executive Vice President andHead of State Street Bank International,Poland, Executive Vice President and General Auditor, Executive Vice President and General Counsel, Executive Vice President andHead of State Street Alpha, Executive Vice President and Chief Administrative Officer, Senior Vice President and Head of State Street for Latin America and the Caribbean, Executive Vice Presidentand Head of Global Credit Finance, Executive Vice President and Chief Operating Officer of the Global Institutional Group at State Street Global Advisors, Executive Vice President and Head of Asia Pacific, President and Chief Executive Officer, State Street Global Advisors, Executive Vice President and Global Chief Architect for State Street, Executive Vice President, State Street Global Advisors andHead of SPDR Americas Distribution, Executive Vice President and Global Technology Services Chief Information Officer and International & Global Technology Risk Manager, Executive Vice President and Head of Financing and Collateral Solutions and Securities Finance, Executive Vice President,Head of State Street Global Advisors EMEA and Head of the Global SPDR ETF Business, Executive Vice President and Chief Marketing Officer, Executive Vice President and Global Head of Middle Office for State Street, Executive Vice President, Country Head Ireland, Executive Vice President, Chief Technology Officer, Global Technology Services. 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