State Street's Hooley Says Returning Capital Is Priority

State Street Corp. (STT) Chief Executive Officer Joseph Hooley said his priority remains returning capital to shareholders through share repurchases and dividends.

“We continue to remain cautious” with regard to acquisitions, Hooley said today at the Goldman Sachs Financial Services Conference in New York.

To contact the reporter on this story: Christopher Condon in Boston at ccondon4@bloomberg.net

To contact the editor responsible for this story: Christian Baumgaertel at cbaumgaertel@bloomberg.net

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