State Street Corporation at Barclays Global Financial Services Conference Transcript
Moving right along. Very pleased to have State Street. From the company, John Woods, Chief Financial Officer. John did this conference last year with a week or two into the job. This year he's a year and two weeks into the job, so we get to grill him a bit more.
Questions & Answers
And John, maybe the best place to start, in July, you laid out new medium-term targets for State Street: 35% pretax margin, 20% ROTCE. As you think about the path to achieving those targets, what gives you confidence in the ability to get there? And what do you see as the two or three most important drivers of success over the next several years?
Yes. Thanks, Jason. Really great to be here. And just one year into the job, just an incredible platform that we can talk about, that we laid out our medium-term outlook in July. I mean I think I'd
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