State Street Corporation is a financial services and bank holding company based in the United States. It was founded in 1792 and is headquartered in Boston, Massachusetts. State Street offers a wide range of products and services in investment management, investment servicing, research and trading, and data analytics.

Its clients include institutional investors such as asset managers, pension funds, and sovereign wealth funds. The company provides custody services, investment management, and administration services for clients' portfolios, as well as securities lending, trading, and foreign exchange services. State Street also offers analytics solutions and technology services to help clients optimize their investment and operational strategies.

On a global scale, State Street operates in more than 100 geographic markets. The company has a significant presence in North America, Europe, the Middle East, and the Asia Pacific region. It has subsidiaries and joint ventures in several countries, including State Street Bank and Trust Company in the United States, State Street Global Advisors in Ireland, and State Street Asia Limited in Hong Kong.

State Street established partnerships with other financial institutions to expand its services and reach, such as the joint venture with the Industrial and Commercial Bank of China (ICBC) to provide investment management services in China. State Street is recognized as one of the leaders in the financial services industry. It consistently ranks among the top global custodians and is known for its expertise in servicing complex investment portfolios.

In terms of global sales, State Street reported total revenues of $11. 8 billion in 2020. The company faces competition from other global banks and asset management firms, such as JP Morgan Chase, BlackRock, and Bank of New York Mellon.

In recent years, State Street has focused on digital transformation and innovation to enhance its services and improve operational efficiency. It has implemented technologies like artificial intelligence and data analytics to offer advanced investment solutions. The company also announced plans to launch a digital asset platform to support the trading, settlement, and custody of cryptocurrencies.

As of the latest available information, State Street is a leading financial institution, offering a diverse range of services globally. The company continues to adapt to market trends and invest in technology and innovation to maintain its position in the industry