DBRS: State Street unaffected

DBRS said its ratings for State Street Corp., including its issuer and senior debt rating of AA (low), are unchanged following the company's announcement of its Q4 2009 financial results.

The trend, except for the State Street's short-term instruments and senior notes, remains negative.

DBRS said that State Street reported satisfactory yet still-constrained revenue and quarterly performance, reporting operating net income of $492 million for Q4 2009 down from $523 million in Q3 2009 and $680 million in Q4 2008.

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