|Bid||78.50 x 1200|
|Ask||88.02 x 800|
|Day's Range||84.76 - 86.59|
|52 Week Range||56.63 - 89.28|
|Beta (5Y Monthly)||1.60|
|PE Ratio (TTM)||14.06|
|Earnings Date||Oct 14, 2021 - Oct 18, 2021|
|Forward Dividend & Yield||2.08 (2.58%)|
|Ex-Dividend Date||Jun 30, 2021|
|1y Target Est||93.00|
BOSTON & LONDON & SILICON VALLEY, Calif., July 21, 2021--State Street Corporation (NYSE:STT) announced today that it has entered into an agreement to acquire Mercatus, Inc., a premier front-and-middle-office solutions and data management provider for private market managers. The transaction is expected to be completed in September subject to customary closing conditions. Financial terms are not being disclosed.
BOSTON, July 21, 2021--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the results of a global survey that shows institutional investors have an increased appetite for indexed fixed income strategies across a multitude of major investment themes, including the fast-growing environmental, social, and governance (ESG) theme.
Two of the world’s largest custody banks have publicly backed cryptocurrency trading platform Pure Digital, in a move that points to growing demand from traditional asset managers for bitcoin and other digital tokens. Bank of New York Mellon has joined the consortium of six banks behind the launch of London-based Pure Digital, three months after State Street became the first to announce its support for the planned exchange. The step suggested that normally staid and conservative custodians, which safeguard assets for some of the world’s largest asset managers, are fielding increasing interest from clients about trading digital currencies.