State Street

Fed publishes big-bank capital requirements tied to stress test buffer


Under a rule issued in March, banks will build an additional capital cushion that is determined by their performance in the annual tests.


Bankers come to grips with coronavirus impact


With health organizations warning of a global outbreak, banks are starting to assess the risks to their bottom lines.


CRA overhaul may get messy; Student loans vulnerable in bankruptcy


Fed proposal is at odds with the one offered by the FDIC and OCC; judge wants to dispel the “myth” that student loans can’t be expunged in bankruptcy.


What inspired State Street's digital asset investing venture


The bank sees digital assets as part of the future and "we want to be there when this happens," says Ralph Achkar, head of digital product development and innovation.


Regulators find 'shortcomings' in living wills of six large banks


The Federal Reserve and Federal Deposit Insurance Corp. found issues with the firms' ability to compile data on how they would be unwound during a period of financial stress.


The second round of stress tests; State Street settles with SEC


The results clear the way for bigger dividends and stock buybacks at big banks; State Street agreed to pay $88 million to settle claims it overcharged clients.


Banks launch firm to settle transactions, peer-to-peer, on blockchain


State Street, BNY Mellon, UBS and Credit Suisse are among the banks that have created a company to bring their idea of a utility settlement coin to life.


'Look up, there's no glass ceiling': State Street's Hannah Grove


Calls for getting more women into leadership positions, and strategies for achieving that, dominated the LEAD conference in New York.


The Wall Street banks bullish on blockchain


Some banks have backed away from the technology, but Northern Trust, State Street and JPMorgan Chase are among those actively working on blockchain projects.


BofA may go solo on payments processing; Trust banks’ slide


The bank may end its venture with First Data to work on its own; State Street and BNY Mellon's fee revenue from investor clients and stock prices are down.