Company Overview
Highlights
Controls $10.7 trillion in custodial assets and $1.5 million in managed assets as of March 2006.
Largest securities custodian in the world.
The number two investment manager in the world. Operates in 26 countries.
State Street is a financial services powerhouse. Previously a commercial bank, the company changed its focus in the late 1970’s to global investment and financial services. Today, State Street’s three lines of business include: investment research and trading in foreign exchange, equities, fixed income, derivatives, and money market products; State Street Global Advisors, the world's leading manager of institutional assets; and investment servicing, which includes fund accounting and administration, the custody and lending of securities, investment manager operations outsourcing, recordkeeping, performance and analytics, and transfer agency services.