State Street Corporation
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"Nose to the grindstone"
NEWS AND UPDATES
- Great pay and perks
- Very diverse workforce
- Long hours in the office due to cost-cutting
- Somewhat political due to size
ABOUT THIS COMPANY:State Street’s statement
Boston’s State Street Corporation is one of the biggest—and oldest—providers of mutual fund and pension processing and asset-custody services in the United States. State Street, which operates under the legal name of State Street Bank and Trust Company, offers products and services that span investment research, management, trading services and investment servicing, and are available to large-scale institutional investors and corporations. The firm ranks as the largest servicer of U.S. pension plans and investment manager of institutional assets worldwide, as well as the No. 1 provider of U.S. mutual fund custody and accounting services. State Street employs more than 28,000 employees in offices in more than 27 countries. Its units include State Street Global Advisors, which performs asset management services for the company; Street Alternative Investment Solutions, which combines hedge funds, private equity and alternative risk products; and Boston Financial Data Services—a joint venture with DST Systems—which provides shareholder services to clients.
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