(STT) Fitch Ratings Upgrades State Street Corporation on Improving Capital and Liquidity
Posted on December 23, 2009 at 11:56 AM EST
Acknowledging State Street Corp.’s (STT) improvement in capital and liquidity position, on Tuesday, Fitch upgraded some of the ratings for the company. Fitch Ratings raised the individual and preferred stock ratings of State Street and subsidiary State Street Bank and Trust Co. to “B/C” from “C” and also lifted the preferred stock rating of State [...] (STT) Fitch Ratings Upgrades State Street Corporation on Improving Capital and Liquidity