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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]
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".
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]
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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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 ...
Its effects extend to all employees of state, county, municipal and special districts in 26 states. ... If pension recipients are a widow or widower of someone who received Social Security ...
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