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State Street Corporation

 

STT

State Street Corporation is a financial holding company. Through its banking subsidiary, State Street Bank and Trust Company, it operates in two business divisions: Investment Servicing and Investment Management. State Street Corporation provides fund accounting, custody, securities finance, investment management, transfer agency services, and operations outsourcing for investment managers and hedge fund managers. Its clients include mutual funds and other collective investment funds, corporate and public pension funds, investment managers, etc. State Street Corporation operates in the United Stats, Australia, Belgium, Austria, Canada, Cayman Islands, Chile, France, Germany, Ireland, Italy, India, Japan, Luxembourg, Mauritius, Netherlands, New Zealand, China, Singapore, South Korea, South Africa, Switzerland, Taiwan, Thailand, United Arab Emirates and the United Kingdom. Year end 2005, the Bank had $10.12 trillion of assets under custody.

 

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