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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 ...
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]
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My former (I left a week ago) employer, State Street Corporation, a large Mutual fund firm in Boston, received approximately $3 billion in US government TARP bailout money about two years ago, and is now embarked on a program (A Joint Venture "JV" with SYNTEL of TROY, MI) of sending hundreds of jobs (in "small increments" in order to avoid the attention of the media, the press, and politicians ...
It has since become one of the leading sources of user-generated reviews and ratings for businesses. Yelp grew in usage and raised several rounds of funding in the following years. By 2010, it had $30 million in revenue, and the website had published about 4.5 million crowd-sourced reviews. From 2009 to 2012, Yelp expanded throughout Europe and ...
In January 2011, State Street Global Advisors completed its acquisition of Bank of Ireland Asset Management (BIAM). The acquisition was first announced in October 2010 for approximately €57 million. [15] State Street Global Advisors's presence in Ireland, which began 1996, had by 2010 grown to "more than 2,000 local employees." [16]
State Street Corporation, a financial services holding company; the parent primarily focuses on servicing institutional investment clients State Street Bank and Trust Company , a subsidiary State Street Global Advisors , the investment management division of State Street Corporation
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