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State Street Corporation

Companies

State Street Corporation

State Street Corporation

Financial services

Description

State Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide. It is the second-oldest continually operating United States bank; its predecessor, Union Bank, was founded in 1792. State Street is ranked 15th on the list of largest banks in the United States by assets. It is one of the largest asset management companies in the world with US$3.1 trillion under management and US$38.8 trillion under custody and administration. It is the second largest custodian bank in the world, and it is considered a systemically important bank by the Financial Stability Board.

The company is ranked 247th on the Fortune 500 as of 2019. The company is on the list of the banks that are too big to fail published by the Financial Stability Board.

The company is named after State Street in Boston, which was known as the "Great Street to the Sea" in the 18th century as Boston became a flourishing maritime capital. The company's logo includes a clipper to reflect the maritime industry in Boston during this time.

Rating GlobalNY.biz

Take place
general
№655
general
Take place
area
№31
In rating
Financial services
area

Company Persons

Assistant Vice President, Public Relations at State Street Corporation
1 place
Managing Director of State Street Corporation
2 place
Executive Vice President and head of State Street Corporation
3 place
Chief Executive Officer of State Street Corporation
4 place

Subordinate organizations

View all
State Street Global Advisors (SSGA)
State Street Global Advisors (SSGA) is the investment management division of State Street Corporation and the world's fourth largest asset manager, with nearly $4.14 tril...
1 place

Discussion

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Alena Potapova

Development Director
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