- State Street Corporation
company_name = State Street Corporation
company_type = Public (
NYSE: [http://www.nyse.com/about/listed/lcddata.html?ticker=STT STT] )
slogan = For Everything You Invest In
foundation = 1792
Ronald Logue, CEO& Chairman Edward Resch, CFO& Exec. VP
num_employees = 27,110 (2008)cite web |url=http://zenobank.com/index.php?symbol=STT&page=quotesearch |title=Company Profile for State Street Corp (STT) |accessdate=2008-09-30]
Investment servicing, investment management, investment research & trading
revenue = profit $11.818 billion USD (2007)
homepage = [http://www.statestreet.com/ www.statestreet.com]
State Street Corporation, or just simply State Street (nyse|STT) is one of the world's largest global
financial servicescompanies. State Street was founded in 1792, and is headquartered in the Financial District area of Bostonat One Lincoln Street. State Street has offices in major financial centers such as Boston, London, Edinburgh, New York City, Chicago, Los Angeles, San Francisco, Frankfurt, Zürich, Munich, Cologne, Vienna, Grand Cayman, Paris, Amsterdam, Cape Town, Hong Kong, Beijing, Singapore, Sydney, Dubai, Dublin, Krakow, Milan, Montreal, Seoul, Tokyo, Taipei, and Toronto.
State Street focuses its services on
institutional investorsand investment management. Its customers include mutual fund, collective investment funds, corporate and public pension funds, companies and non-profit organizations.
The company employs 28,700 staff around the world. [ [http://www.statestreet.com/company/company_information/company_overview.html Company Overview] . Retrieved on
June 30, 2007.] The bank claims assets under custody of US$15.3 trillion and assets under management of US$1.9 trillion as of June 30, 2008. [ [http://www.statestreet.com/company/company_information/company_overview.html] . Retrieved on August 2, 2008.]
On February 5, 2007, State Street announced the US$4.5 billion acquisition of
Investors Bank & Trust. The deal closed on July 2nd, 2007 and created the world's second largest custodian with approximately $US14.1 trillion of assets under custody. [ [http://phx.corporate-ir.net/phoenix.zhtml?c=78261&p=irol-newsArticle&ID=1021715 State Street Corporation Investor Relations - Investor News Release ] ]
State Street Bank and Trust Company
State Street Bank GmbH
*International Fund Services
State Street Global Markets
State Street Associates
State Street Global Advisors
*Boston Financial Data Services
*International Financial Data Services (IFDS) (joint venture with
Investors Bank & Trust
"The State Street Pavilion Club"
In 2006, State Street bought the naming rights to various
Boston Red Soxevents, including the 3rd level behind homeplate called "The State Street Pavilion." [ [http://pr.statestreet.com/us/en/20060411_1.html November 4, 2006 Press Release] . Retrieved on January 25, 2008.] The Pavilion is a private club style eating area that has its own separate entrance from Yawkey Way. [ [http://boston.redsox.mlb.com/bos/ticketing/premium/sspc.jsp State Street Pavilion Club] Retrieved on January 25, 2008.]
State Street Bank & Trust Co. v. Signature Financial Group, Inc." is the landmark case in which the Court of Appeals for the Federal Circuit ruled ( July 23, 1998) that a computer algorithmcan be patented to the extent that it produces "a useful, concrete and tangible result".
* [http://www.statestreet.com/ State Street home page]
* [http://www.imsi.com/ifs/portal/ IFS home page]
* [http://www.globallink.com/ Global Link]
* [http://biz.yahoo.com/ic/14/14795.html Yahoo! - State Street Corporation Company Profile]
* [http://www.wired.com/wired/archive/8.06/statestreet.html An article from Wired Magazine]
* [http://www.bostonfinancial.com/ Boston Financial Data Services]
* [http://www.ssga.com/ State Street Global Advisors home page]
* [http://finance.google.com/finance?q=stt Google Finance: State Street Corporation Profile]
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