NYSE:STTCapital Markets
State Street (STT): Evaluating Valuation Following Strategic Expansion Into Saudi Arabia With Albilad Capital
State Street (STT) has signed a strategic co-operation agreement with Albilad Capital, marking a new phase in its expansion into Saudi Arabia. The partnership is designed to boost securities services and tap local expertise.
See our latest analysis for State Street.
Momentum for State Street has clearly been building, with a year-to-date share price return of nearly 22 percent and a standout 29.4 percent total shareholder return over the past 12 months. The latest Saudi partnership reinforces...