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State Street Corp V.STT


Primary Symbol: STT Alternate Symbol(s):  STT.PR.G

State Street Corporation is a financial holding company. The Company, through its subsidiary, State Street Bank and Trust Company (State Street Bank), provides a range of financial products and services to institutional investors. It operates through two lines of business: Investment Servicing and Investment Management. Its Investment Servicing, through State Street Investment Services, State Street Global Markets, State Street Alpha, and State Street Digital, provides investment services for clients, including mutual funds, collective investment funds and other investment pools. Its products include back-office products, such as custody, accounting, investor services and others. Its Investment Management line of business, through State Street Global Advisors, provides a range of investment management strategies and products for its clients. It offers a breadth of services and solutions, including ESG investing, defined contribution products, Global Fiduciary Solutions, and others.


NYSE:STT - Post by User

Comment by rentedatenton Jun 20, 2015 1:24pm
92 Views
Post# 23851980

RE:STT

RE:STTWetinc you wrote "the president of BGC has an impressive record of building a successful financial organization ... an individual who excels at making successful investments ..." What interests me more than someone's personal financial track record is whether they have a track record of improving the performance of companies they affect/acquire, and consequently the fortunes of existing shareholders. I don't see issues with current management's conduct - they have been producing stellar results considering the down market in both their key sectors - oil and mining - and no doubt don't want to risk a hammer in the draw works. I am also risk averse but nonetheless will spend some time this weekend looking into the BG group, determine for myself whether they deserve to be supported or avoided.
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