New York, February 02, 2016 -- Moody's Investors Service has placed the long-term ratings of State Street Bank and Trust Company, as well as the A2 senior debt rating and (P)A2 senior shelf rating at State Street Corporation, on review for possible upgrade. Moody's also placed on review for possible upgrade State Street Bank and Trust's Aa2 long-term deposit rating, A1 issuer rating, (P)A1 senior unsecured shelf rating, A1 subordinated debt rating and (P)A1 subordinated shelf rating, as well as the bank's Aa2(cr) counterparty risk assessment. The bank's a1 baseline credit assessment (BCA) was affirmed, as were the bank's and holding company's short-term Prime-1 ratings. The holding company's A2 subordinated debt rating, (P)A2 subordinated shelf rating, A3 (hyb) junior subordinated debt rating, (P)A3 cumulative preferred shelf rating, Baa1 (hyb) non-cumulative preferred stock and (P)Baa1 non-cumulative preferred shelf rating were also affirmed.
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