AcquisitionSTT has entered into an agreement to acquire Mizuho's global custody and related businesses outside of Japan, supporting the overseas investments of Mizuho’s Japanese clients.
Financial PerformanceSTT announced a significant win with an APAC asset owner, contributing to $154M in annual servicing fee wins.
ValuationValuation also screens very attractively – after updating the model, STT was the most heavily discounted bank on 2026 P/E, indicating potential for future stock price appreciation.