State Street Corporation
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About State Street Corporation
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We’re focused on optimizing for today while solving for where the industry and our clients are headed. Whether creating the first open ecosystem to connect the investment lifecycle, exploring more secure and stable ways to approach tokenization, offering electronic trading platforms, or helping shepherd the ETF industry from launch to its current status as a US $6 trillion industry, we’ve got our eyes on what’s next.
With deep expertise across the investment lifecycle, our specialists are here to solve your toughest challenges with the latest best practices and proven solutions. Pairing more than 230 years of experience with insights from our academic partners and macro experts, we continue to lead industry thinking and help you make smarter decisions.
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Change Company | Change Company | Change Company | ||
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Overall Rating | 3.8/5 based on 2.7k reviews | 3.7/5 based on 936 reviews | 3.9/5 based on 4.1k reviews | 3.8/5 based on 439 reviews |
Highly Rated for | No highly rated category | No highly rated category | Work-life balance Salary Company culture | Company culture |
Critically Rated for | Promotions | Promotions | Promotions | Promotions Salary |
Primary Work Policy | Hybrid 61% employees reported | Hybrid 92% employees reported | Hybrid 94% employees reported | Hybrid 81% employees reported |
Rating by Women Employees | 3.9 Good rated by 731 women | 3.8 Good rated by 363 women | 3.9 Good rated by 1.2k women | 3.6 Good rated by 163 women |
Rating by Men Employees | 3.7 Good rated by 1.9k men | 3.7 Good rated by 555 men | 3.9 Good rated by 2.7k men | 3.9 Good rated by 245 men |
Job security | 3.7 Good | 3.5 Good | 3.5 Good | 3.7 Good |
State Street Corporation Salaries
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World’s Largest Custodian Banks & Citi, Set to Offer Crypto Custody
- US crypto-friendly approach pushes banks into massive exploration as Citibank and State Street set to launch crypto custody services.
- Citibank, currently the third largest bank in the US, completed a proof of concept on tokenizing private funds and is set to offer crypto custody services.
- State Street, one of the largest custody banks, with $44 trillion in assets, also plans to launch crypto custody services and transfer agency services.
- Amid challenges such as regulatory approvals and capital requirements, both Citibank and State Street are moving forward with their initiatives to cater to the growing demand for crypto services.
![World’s Largest Custodian Banks & Citi, Set to Offer Crypto Custody](https://www.crypto-news-flash.com/wp-content/uploads/2025/01/DALL·E-2025-01-30-12.49.23-A-digital-illustration-depicting-the-Federal-Reserves-decision-to-maintain-interest-rates-and-its-impact-on-the-cryptocurrency-market-particularly-B.webp)
State Street and Citi to Transform Crypto Custody Market with Bold Entry
- State Street and Citi are entering the crypto custody market, targeting institutional investors and large funds.
- State Street plans to launch its crypto custody services next year, while Citi is exploring a dual approach with in-house services and partnerships.
- BNY Mellon, which already offers custody services for Bitcoin and Ethereum, is planning to expand its offerings to include additional tokens.
- The demand for digital asset services is driven by rising institutional interest and a more favorable regulatory environment.
![State Street and Citi to Transform Crypto Custody Market with Bold Entry](https://www.tronweekly.com/wp-content/uploads/2025/02/rypto-fuidlines-12-4.jpg)
Bitcoin Price Surges Amid International Governmental Adoption - Can It Break $100K?
- Bitcoin price has surged amid international governmental adoption, reaching approximately $97,601.
- Institutional investments, including Wisconsin Investment Board and Abu Dhabi Sovereign Wealth Fund, have bolstered market confidence.
- Major financial institutions like State Street and Citi Bank plan to launch cryptocurrency custody services, further supporting Bitcoin's growth.
- Bitcoin's potential to break the $100K mark in 2024 is uncertain, with optimistic forecasts and cautious outlooks from analysts.
![Bitcoin Price Surges Amid International Governmental Adoption - Can It Break $100K?](https://cryptoticker-strapi-media.s3.eu-central-1.amazonaws.com/Bitcoin_Price_Prediction_100k_90k_80k_a44840889b.webp)
U.S. Banks Enter Crypto Sector Amid Trump’s Regulatory Loosening
- Several large U.S. banks are entering the crypto services sector, focusing on custody services.
- State Street and BNY are offering digital asset custody services, with BNY planning to expand the range of digital tokens available.
- Citi is exploring crypto custody services and collaborating with external companies.
- Banks face challenges such as obtaining approvals from regulatory authorities and meeting capital requirements.
![U.S. Banks Enter Crypto Sector Amid Trump’s Regulatory Loosening](https://www.livebitcoinnews.com/wp-content/uploads/2025/02/U_S_Banks_Enter_Crypto_Sector_Amid_Trumps_RegulatoryLoosening_copy.webp)
Citibank and State Street Step Into Digital Assets Custody
- Citibank and State Street are stepping into the world of digital assets and exploring blockchain solutions to offer secure custody services for institutional clients.
- State Street has partnered with Taurus, a Swiss-based cryptocurrency startup, to expand digital asset custody services for institutional clients. They are also exploring the tokenization of money market funds and bonds to increase operational efficiency.
- Citibank is testing Avalanche's Spruce Subnet to investigate tokenizing private equity funds, aiming to improve capital market efficiency. This trial will allow institutional investors to have quick and secure access to digital tokens representing fund ownership.
- The growing interest of these banks in digital assets is driven by the increasing fascination of institutional investors with cryptocurrencies, as well as the openness and efficiency provided by blockchain technology. However, challenges such as regulation and technical stability need to be addressed.
![Citibank and State Street Step Into Digital Assets Custody](https://www.crypto-news-flash.com/wp-content/uploads/2025/02/citi-bank.webp)
Bitcoin Hits $98K as State Street and Citi Bank Set to Enter Crypto Custody
- Bitcoin surged today after reports that State Street and Citi Bank will start offering crypto custody services in the U.S
- BTC reached $98,849 during its daily peak before experiencing a retraction
- The currency is up by 1.28% and has shown a positive performance on the weekly chart
- State Street and Citi Bank's entry into crypto custody services is expected to be followed by more financial institutions
![Bitcoin Hits $98K as State Street and Citi Bank Set to Enter Crypto Custody](https://www.bitcoinsensus.com/wp-content/uploads/2025/02/btcuptoday.png)
This Week in Fintech: TFT Bi-Weekly News Roundup 11/02
- Former National Credit Union Administration chairman Rodney Hood has been appointed as the acting comptroller of the currency by The Financial Technology Association.
- UK fintech Serene has hired three major executives to its leadership, ensuing its footprint in the fintech space.
- Digital asset infrastructure provider Parfin has named Dr. Jacob Mendel as co-CTO to scale and secure Rayls and foster innovation within the engineering team.
- Chinese tech giant Ant International has appointed Jiang-Ming Yang as Chief Innovation Officer to synergise global innovation and product strategy and enhance product solutions.
- Digital investor communication platform, Proxymity secures $26m funding from existing investors, including BNP Paribas, JP and State Street to enhance its technology and for expansion.
- British Business Investment has given Shire £25m of block discounting funding to increase asset finance solutions to UK smaller businesses.
- Sardine, an AI risk platform raised $70m in a Series C funding round led by Activant Capital for the development of key compliance and fraud prevention tasks of financial institutions.
- ESG360°, a sustainability focused fintech company gets a £1m grant from Scottish Enterprise to expand its Glasgow office thereby creating 30 jobs over the next three years.
- ETFbook closes €4m Series A funding round joined by BlackFin Capital Partners to expand its further growth.
- Validus Risk Management gets a $45m investment from growth-equity investor FTV Capital to manage over $500bn in market risk exposure for large institutional investors.
- Datalign Advisory bags $5m investment from Link Ventures and makes it's total investment in Datalign reach $9m on a post-money valuation of $75m.
- Travel debit card, Currensea launches a new Pro membership that offers unlimited fee-free spending on transactions abroad.
- Fairer Finance has introduced a new set of savings account ratings to enable consumers to compare easy access savings accounts and assess how they perform over time.
- Saudi technology services and solutions provider, T2 has bought a majority stake in Saudi startup platform Moola, to expand its services and solutions in and beyond Saudi Arabia.
Napier AI Eyes Global Expansion After Securing Majority Growth Investment
- AI-powered financial crime compliance solution provider, Napier AI, has secured a majority growth investment from Marlin Equity Partners.
- The investment will support Napier AI's global expansion and ongoing research and development for advancing AI technologies in financial crime detection.
- Napier AI's Continuum platform is trusted by over 100 institutions worldwide, including HSBC, State Street, and Starling Bank.
- The investment from Marlin Equity Partners will help Napier AI maintain regulatory compliance and protect the financial services industry from financial crime threats.
3 things will boost the case for multiple rate cuts in 2025, $5 trillion asset manager says
- State Street predicts that the Federal Reserve may deliver more interest rate cuts in 2025 than what is currently expected by markets.
- The improved financial health of the US may reduce bond yield pressure, which would support future rate cuts.
- The reasons cited for potential rate cuts include expectations of cooling economic growth, a possible resumption of disinflation, and improved US government financial health.
- State Street's chief investment strategist believes that the Fed could cut rates two to three times in 2025, providing relief to markets.
Archax Increases Tokenized Funds
- Archax has added State Street, Fidelity International, and Legal & General Investment Management funds to its range of tokenised real-world assets.
- Archax will provide tokenised access to certain money-market funds (MMFs) through beneficial ownership tokens minted by Archax.
- MMF tokens can be used as collateral and for payments between counterparties.
- The first funds to be listed on the Archax platform are State Street USD/GBP/EUR, Fidelity ILF USD/Sterling/Euro, and LGIM Sterling/USD/Euro Liquidity Funds.
![Archax Increases Tokenized Funds](https://www.marketsmedia.com/wp-content/uploads/2018/04/iStock-935705246-1.jpg)
State Street Corporation Subsidiaries
State Street Bank
State Street Global Advisors
InfraHedge Bangalore
State Street Global Markets
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