State Street Corporation Headquarters and Company Overview

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Bank of Spain Building in Madrid
Credit: pexels.com, Bank of Spain Building in Madrid

State Street Corporation is a financial services giant with a rich history dating back to 1792, when it was founded as a bank in Boston, Massachusetts.

The company's headquarters is located at One Financial Center in Boston, Massachusetts, a prominent address in the city's financial district.

State Street Corporation is a leading provider of financial services to institutional investors, offering a range of products and services including investment management, trading, and custody.

With over 29,000 employees worldwide, State Street Corporation is a global company with a presence in more than 100 markets around the world.

State Street Headquarters

State Street's new global headquarters building is located at One Congress Street in the Bullfinch Crossing area of downtown Boston.

The company occupies approximately 500,000 square feet of space, including wellness amenities and an innovative client center.

State Street has been based in Boston for over 230 years, and this new headquarters marks a significant milestone in the company's history.

The building is designed to foster collaboration and productivity, with flexible workstations that meet the evolving needs of the workforce.

Boston Mayor Michelle Wu praised State Street for choosing to continue making Boston its home, highlighting the company's long history and positive influence in the city.

State Street Corporation

Credit: youtube.com, Boston-Based State Street Corporation Is Closing Its New York Offices

State Street Corporation is one of the world's leading providers of financial services to institutional investors. It offers investment servicing, investment management, and investment research and trading services.

State Street has a long history, with roots dating back over 230 years. Boston has been its home since then.

State Street operates globally, with a presence in more than 100 geographic markets. It employs approximately 43,000 people worldwide.

Company Information

State Street Corporation is one of the world's leading providers of financial services to institutional investors.

They offer a range of services including investment servicing, investment management, and investment research and trading.

State Street operates globally in over 100 geographic markets.

They employ approximately 43,000 people worldwide.

The company has $39.6 trillion in assets under custody and/or administration.

As of June 30, 2023, State Street also had $3.8 trillion in assets under management.

Boston has been home to State Street for over 230 years.

State Street occupies approximately 500,000 square feet of space in its new global headquarters building at One Congress Street.

News and Updates

Credit: youtube.com, News Update: Citi Bullish on Custody Banks, Says Buy State Street and Others (STT, BK, NTRS)

State Street Corporation has been making headlines recently.

The company has been actively expanding its operations in Asia, with a significant presence in countries like China and Japan.

In 2020, State Street Corporation reported $3.9 billion in net income, a 13% increase from the previous year.

The company's strong financial performance has been driven by its diversified business model, which includes asset management, custody, and investment servicing.

State Street Corporation has also been investing heavily in digital transformation, with a focus on improving its technology infrastructure and enhancing customer experience.

Frequently Asked Questions

Who owns State Street Corporation?

State Street Corporation is primarily owned by institutional investors, with a significant portion also held by public companies and individual investors. Approximately 57% of the company's stock is held by institutional investors.

Where is State Street headquarters address?

State Street's headquarters is located at One Congress Street in Boston. It serves as the global base for the company's financial services and banking operations.

Tasha Kautzer

Senior Writer

Tasha Kautzer is a versatile and accomplished writer with a diverse portfolio of articles. With a keen eye for detail and a passion for storytelling, she has successfully covered a wide range of topics, from the lives of notable individuals to the achievements of esteemed institutions. Her work spans the globe, delving into the realms of Norwegian billionaires, the Royal Norwegian Naval Academy, and the experiences of Norwegian emigrants to the United States.

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