Full Description

State Street Corporation is a financial holding company. The Company, through its subsidiaries, including its banking subsidiary, State Street Bank and Trust Company, State Street Corporation, provides a range of products and services for institutional investors worldwide. The Company operates in two lines of business: Investment Management and Investment Servicing. The business provide services to support institutional investors, including custody, daily pricing, record keeping and administration, shareholder services, foreign exchange, brokerage and other trading services, securities finance, deposit and short-term investment facilities, loan and lease financing, investment manager and hedge fund manager operations outsourcing, performance, risk and compliance analytics, investment research and investment management, including passive and active United States and non-United States equity and fixed-income strategies.

State Street Bank is a member of the Federal Reserve System and the Federal Deposit Insurance Corporation (FDIC) and is subject to applicable federal and state banking laws and to supervision and examination by the Federal Reserve Bank of Boston, as well as by the Massachusetts Commissioner of Banks, FDIC, and the regulatory authorities of those countries in which a branch of State Street Bank is located. The Company’s investment management division, State Street Global Advisors, SSgA, acts as an investment advisor to investment companies. SSgA provides investment strategies for customers of every size and investment objective. It also offers integrated solutions and trading services to customers who wish to outsource aspects of their investment programs.

The Company provides a range of investment management strategies, investment management advisory services and other financial services for corporations, public funds, and other sophisticated investors. The services are offered through SSgA. It offers a range of foreign exchange services under an account model that focuses on the global requirements of the customers to execute trades and receive market insights in any time zone. Securities finance provides liquidity to the financial markets and means for customers to earn revenue on their existing portfolios. By acting as a lending agent and coordinating loans between lenders and borrowers, the Company lends securities and provides liquidity to customers globally. The Company also offers a range of brokerage and other trading products.