State Street Corporation is an American multinational financial services and bank holding company headquartered in Boston. As of Q3 2025 it had ~$5.4 trillion in AUM and $51.7 trillion in assets under custody and administration, making it one of the world's largest custodian banks.
State Street traces its roots to Union Bank, chartered in Boston in 1792 by merchants William Phillips, Jonathan Mason, and Samuel Eliot. Renamed and reorganized many times, it became State Street Corporation, today one of the world's large…
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