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State Street Corporation

State Street Corporation
Company nameState Street Corporation
Company typePublic
IndustryFinancial services
HeadquartersBoston, Massachusetts
Key peopleJay Hooley
(President and CEO)
ProductsInvestment management
Revenue(+) US$ 8.953 billion (2010)
Operating income(-) US$ 2.086 billion (2010)
Net income(+) US$ 1.556 billion (2010)
AUM(+) US$ 2.010 trillion (2010)
Total assets(+) US$ 160.505 billion (2010)
Total equity(+) US$ 17.787 billion (2010)
Employees28,670 (December 2010)

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State Street Corporation, or just simply State Street is a U.S. based financial services holding company. State Street was founded in 1792, and is headquartered in the Financial District area of Boston at One Lincoln Street. State Street has offices in major financial centers throughout the world. State Street Bank and Trust Company, a custodian bank, and its sister company State Street Global Advisors (SSgA), which is a leading registered investment advisor, together comprise the principal operating companies within parent company State Street Corporation. State Street Bank provides securities services to institutional investors as a custodian bank and SSgA provides investment management services to mutual funds and other asset managers. State Street customers include mutual funds and their advisers, collective investment funds, corporate and public pension funds, insurance companies, operating companies and non-profit organizations.

State Street presence complete range of financial services with 2,800 employees in eight cities throughout Asia Pacific with headquarters located in Hong Kong.

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