State Street Corp (NYSE:STT)
$ 99.27 1.1 (1.12%) Market Cap: 29.10 Bil Enterprise Value: -46.41 Bil PE Ratio: 15.68 PB Ratio: 1.27 GF Score: 74/100

State Street Corp at BancAnalysts Association of Boston Conference Transcript

Nov 04, 2021 / 06:40PM GMT
Release Date Price: $96.53 (-3.08%)
Gerard Sean Cassidy;Eric Walter Aboaf
RBC Capital Markets, Research Division - MD, Head of U.S. Bank Equity Strategy & Large Cap Bank Analyst;State Street Corporation -

All right. We'd like to get started with our next fireside chat if everybody could take their seats. And also, if you haven't noticed, there's coffee and some fruit and pastries and stuff out in the hallway for snacks. So please feel free to partake in that.

And I want to thank State Street for joining us. As many of you know, State Street is the tenth largest bank in the United States, ranked by assets, over $323 billion in assets. But obviously, their real claim to fame is the assets under custody, today exceed $43 trillion. And then assets under management exceed $3-point, I think, 8 trillion, if I remember correctly.

And with us is Eric Aboaf. Eric is their Chief Financial Officer. He joined State Street in 2016 after working for Citizens for a little bit. But prior to that, of course, he was with Citi for 12 years as their Treasurer. So Eric, thank you so much for joining us.

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