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State Street Bank and Trust Company, also known as State Street Global Services, is the securities services division of State Street that provides asset owners and managers with securities services (e.g. custody, corporate actions), fund accounting (pricing and valuation), and administration (financial reporting, tax, compliance, and legal) services.
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 ...
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
Retrieved from "https://en.wikipedia.org/w/index.php?title=State_Street_Corp.&oldid=196644682"
State Street Global Advisors (SSGA) is the investment management division of State Street Corporation founded in 1978 and the world's fourth largest asset manager, [2] with nearly US$4.1 trillion in assets under management as of December 31, 2023. [3]
The Astor continued "with no change in management, as the uptown branch of the Bankers Trust Company." [15] The new company had capital of $11,250,000, "undivided profit of more than $5,000,000 and deposits of about $300,000,000." [15] In October 1917, the company became a member of the Federal Reserve system. [16]
CalPERS (California state pension fund) held about $67 million in bonds to the bank, or less than two percent of one percent of total investments, as of June 2022. [34] On March 13, shares of similar regional banks, including First Republic Bank, Western Alliance Bancorporation, and PacWest Bancorp plummeted. [133] [134]
On October 22, 2009, it was announced that Logue would retire from State Street on March 1, 2010, [4] after almost two decades with the company and then continue to serve as non-executive chairman of State Street's board of directors for a transition period until January 1, 2011. [5]