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.