State Street Corporation
Ol' Blue Eyes sang about the State Street in Chicago, but investors may find Boston's State Street more melodious. Through its flagship State Street Bank and other subsidiaries, the company provides investment management and servicing, trading, and research services. Its activities include trust and custody, fund accounting, foreign exchange, shareholder services, and other administrative services for institutional clients, such as mutual and other investment funds, pension plans, insurance companies, foundations, endowments, and investment managers. Founded in 1792, State Street has more than $28 trillion of assets under custody and administration, in addition to more than $2 trillion in assets under management.
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