BOSTON - State Street Corporation (NYSE:STT), a leading provider of financial services to institutional investors, announced its financial results for the fourth quarter and the full year of 2023 today. The company's financials have been made available on its Investor Relations website, and a conference call discussing these results, along with the company's outlook and other related matters, was held earlier today.
The financial services giant, which boasts $41.8T in assets under custody and/or administration and $4.1T in assets under management as of December 31, 2023, operates in over 100 geographic markets and employs about 46,000 people worldwide. The assets under management figure includes approximately $64B of assets related to SPDR® products, for which State Street Global Advisors Funds Distributors acts solely as the marketing agent.
During the conference call, which was publicly accessible via audio webcast and telephone, the company provided insights into its financial performance and strategic initiatives. Interested parties were invited to join the call or listen to the replay, which will be available on the company's Investor Relations website for approximately one month.
State Street Corporation's role in the global financial market is significant, offering a range of services including investment servicing, investment management, and investment research and trading.
The information reported is based on a press release statement issued by State Street Corporation.
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