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In 1995, State Street acquired Investors Fiduciary Trust of Kansas City for $162 million from DST Systems and Kemper Financial Services. [22] [23] In 1996, Bank of New York acquired the unit investment trust servicing business of Investors Fiduciary Trust Co., Kansas City, Mo. [24] In 1997, State Street setup its office in Singapore. [25]
State Street Bank and Trust Company (SSBT), commonly known as State Street Global Services, is a subsidiary of State Street Corporation organized as a trust company based in Massachusetts. The company is the largest custodian bank in the world and specializes in providing institutional investors , such as mutual funds , with clearing ...
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In 2003, State Street Global Advisors' Boston office moved to the newly completed State Street Financial Center building at One Lincoln Street. [13] State Street Global Advisors launched the first foreign real estate ETF in 2006 (Ticker: NYSE Arca: RWX), [14] which provides investors in the US an easy way to access the international housing and ...
About State Street Corporation. State Street Corporation (NYS: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing ...
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First founded in 1969 as an offshoot of Eaton Vance, the company was purchased by State Street Corporation in 2007 as an all-stock deal valued at nearly $4.5 billion and no longer operates as a separate listed company. State Street refers informally to the former IBT operation as "State Street Back Bay".