State Street (STT) Stock News

State Street elected Alexander Vollert, former AXA Group COO, to its board. He brings deep tech, AI, and operations experience and will serve on the Technology and Risk committees.

TD Cowen issued a new price target for State Street.

TD Cowen resumed coverage of State Street (STT) with a Buy rating.

State Street's 2026 Digital Assets Study of 300 institutional investors shows accelerating adoption: 51% expect mainstream within five years, up from 42% in 2025. 35% already manage or distribute digital assets. Regulatory clarity is the top service provider priority (69%). Average allocation is 11%, expected to reach 17% in three years. Digital cash is very important to 45% of respondents.

Trading has resumed for State Street's My2032 Municipal Bond ETF (MYML), My2036 Corporate Bond ETF (MYCP), and My2032 High Yield Corporate Bond ETF (MYHF). No details on the reason for the halt were provided.

State Street Investment Management expanded its MyIncome ETF suite with three actively managed target maturity ETFs: the State Street My2036 Corporate Bond ETF (MYCP), the State Street My2032 High Yield Corporate Bond ETF (MYHF), and the State Street My2032 Municipal Bond ETF (MYML). The suite now holds over $1 billion in assets. The funds are designed for building bond ladders, targeting maturity and liquidation around December 15 of their final year.