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State Street Corporation
3.7
based on 3.3k Reviews
Video summary
Proud winner of ABECA 2025 - AmbitionBox Employee Choice Awards
Company Overview
Associated Companies
Company Locations
Working at State Street Corporation
Company Summary
We partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing.
Overall Rating
3.7/5
based on 3.3k reviews
3% below
industry average
Critically rated for
Promotions, Salary
Work Policy
Hybrid
62% employees reported
Monday to Friday
97% employees reported
Strict timing
51% employees reported
No travel
76% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
207 employees reported
Health insurance
172 employees reported
Job/Soft skill training
141 employees reported
Cafeteria
116 employees reported
View all benefits
About State Street Corporation
Founded in1792 (233 yrs old)
India Employee Count10k-50k
Global Employee Count1 Lakh+
HeadquartersBoston,Massachusetts, United States
Office Locations
Websitestatestreet.com
Primary Industry
Other Industries
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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.
Vision: To be at the heart of financial services.
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ABECA - AmbitionBox Employee Choice Awards
Best of the best, rated by employees
State Street Corporation won India’s Largest Employee Choice Awards in Large Companies Category.
Top Rated Company for Women
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State Street Corporation Ratings
based on 3.3k reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
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1k
4
1k
3
651
2
260
1
303
Category Ratings
3.6
Job security
3.6
Work-life balance
3.4
Company culture
3.4
Skill development
3.4
Work satisfaction
3.3
Salary
3.0
Promotions
State Street Corporation is rated 3.7 out of 5 stars on AmbitionBox, based on 3.3k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at State Street Corporation
based on 3.2k reviews
3.8
Rated by 893 Women
Rated 3.7 for Work-life balance and 3.7 for Job security
3.6
Rated by 2.3k Men
Rated 3.6 for Work-life balance and 3.6 for Job security
Work Policy at State Street Corporation
based on 750 reviews in last 6 months
Hybrid
62%
Work from office
36%
Permanent work from home
2%
State Street Corporation Reviews
Top mentions in State Street Corporation Reviews
+ 5 more
Compare State Street Corporation with Similar Companies
 |  Change Company |  Change Company |  Change Company | |
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 3.3k reviews | 3.8/5 based on 7.1k reviews | 3.9/5 based on 6.7k reviews | 3.9/5 based on 5.3k reviews  |
Highly Rated for |  No highly rated category | Work-life balance Job security | Job security Skill development Salary | Job security Work-life balance Company culture |
Critically Rated for | Promotions Salary | Promotions Skill development | Promotions | Promotions |
Primary Work Policy | Hybrid 62% employees reported | Hybrid 85% employees reported | Hybrid 50% employees reported | Hybrid 84% employees reported |
Rating by Women Employees | 3.8 Good rated by 893 women | 3.9 Good rated by 2.3k women | 3.9 Good rated by 2.3k women | 3.9 Good rated by 1.7k women |
Rating by Men Employees | 3.6 Good rated by 2.3k men | 3.8 Good rated by 4.7k men | 4.0 Good rated by 4.1k men | 4.0 Good rated by 3.3k men |
Job security | 3.6 Good | 3.9 Good | 4.0 Good | 4.0 Good |
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State Street Corporation Salaries
State Street Corporation salaries have received with an average score of 3.3 out of 5 by 3.3k employees.
Senior Associate
(5k salaries)
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₹2.8 L/yr - ₹13.7 L/yr
Associate2
(4k salaries)
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₹2.4 L/yr - ₹7.9 L/yr
Team Lead
(2.1k salaries)
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₹4.6 L/yr - ₹15.5 L/yr
Emerging Leader
(1.4k salaries)
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₹4.2 L/yr - ₹14 L/yr
Senior Analyst
(767 salaries)
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₹2.1 L/yr - ₹9 L/yr
Assistant Vice President
(630 salaries)
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₹15 L/yr - ₹56 L/yr
Financial Analyst
(365 salaries)
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₹1.8 L/yr - ₹8.1 L/yr
Associate L2
(323 salaries)
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₹2.4 L/yr - ₹7.5 L/yr
Fund Accountant
(234 salaries)
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₹2.5 L/yr - ₹8.1 L/yr
Officer
(208 salaries)
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₹10.8 L/yr - ₹39 L/yr
State Street Corporation Interview Questions
An Associate2 was asked 2mo agoQ. What are derivatives in the context of financial markets?
A Fund Accountant was asked Q. What is a corporate action, and what are its various types?
An Associate was asked 6mo agoQ. What do you mean by bonds and equity?
A Software Developer was asked 8mo agoQ. Write a program to print the Fibonacci series.
An Assistant Manager was asked 10mo agoQ. What is Credit?
State Street Corporation Jobs
Popular Designations State Street Corporation Hires for
Assistant Manager
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Application Developer
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Senior Associate
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Operations
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Research Manager
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Popular Skills State Street Corporation Hires for
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State Street Corporation News
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Institutional Investors Turn Bullish On Stocks As S&P 500 Nears Record High
- Large institutional investors are bullish on U.S. stocks as the S&P 500 approaches a record high.
- State Street's Institutional Investor Risk Appetite index indicates institutional investors are embracing the current stock market rally.
- Institutions have started deploying capital back into the stock market as the S&P 500 has surpassed key moving averages and nears its all-time high.
- The U.S. market has rebounded strongly from tariff worries earlier this year, with the S&P 500 now trading at 6,000.36, just 2.3% below its record high.
Baystreet | 10 Jun, 2025
BlackRock Poised to Overtake State Street in ETF Trading Volume After 30-Year Reign
- BlackRock is on the verge of surpassing State Street in total ETF traded value, signaling a potential end to State Street's 30-year reign.
- BlackRock's share of ETF trading volume has risen to 24.3%, while State Street's has fallen to 31.3%, with the gap narrowing over recent years due to increased demand for BlackRock's iShares products.
- Despite BlackRock's likely dominance in trading volume, it may be losing ground to Vanguard in overall assets under management, presenting an ironic twist in the competitive landscape of the ETF market.
- The shifting ETF volume leadership reflects broader changes in market dynamics, investor preferences, and trading strategies, highlighting BlackRock's expanding ETF suite's appeal and influence across institutional and retail sectors.
Coindoo | 9 Jun, 2025
Retail to Drive Majority of Private Market Flows by 2027
- Retail-style vehicles are projected to represent over half of private market flows in the next few years, with 56% of institutional investors expecting this trend.
- State Street Corporation's Global Private Markets Survey Report reveals the growing anticipation of retail allocations in private markets.
- Product innovation in semi-liquid funds is seen as a key driver of this shift, with increased interest from retail investors affecting traditional fundraising expectations.
- Investors are shifting towards higher-quality options in private markets, with a split of 42%/58% predicted for private/public portfolios in the next 3-5 years.
- There is a trend towards investment in developed markets over emerging markets, reflecting a 'flight to quality' in private market strategies.
- Geopolitical uncertainties could impact private market assets, with concerns over trade relationships and their effects on the definition of quality.
- Institutions recognize the importance of AI integration for private markets operations, with a focus on Generative AI and Large Language Models to enhance data analysis.
- The survey emphasizes the need for more timely and high-quality data to make private markets accessible to a wider range of investors.
- Developments in AI technology are seen as crucial for individual investors' engagement in private markets, with a call for improved data availability and transparency.
- State Street's research highlights the complexities surrounding the development and adoption of retail-style private market products amidst economic disruptions and shifting regulatory landscapes.
Intelalley | 5 Jun, 2025
Moody’s Cuts Ratings On Bank Of America, JPMorgan After Downgrading US Credit
- Moody's Ratings cut its ratings for deposits at Bank of America Corp., JPMorgan Chase & Co., and Wells Fargo & Co., citing the downgrade of the US and the government's weakened ability to support them.
- The lenders' long-term deposit ratings were lowered by one step to Aa2, Moody's third-highest level.
- Moody's also downgraded the senior unsecured debt ratings for some subsidiaries and branches of Bank of America and Bank of New York Mellon Corp to Aa2 from Aa1.
- In addition, Moody's cut the long-term counterparty risk ratings for some units of Bank of America, BNY, JPMorgan, State Street Corp., and Wells Fargo from Aa1 to Aa2.
Bloomberg Quint | 20 May, 2025
BlackRock Files To Launch Blockchain-Based Shares Of $150B Treasury Fund
- BlackRock filed a regulatory document to launch blockchain-based tokenized shares of its $150 billion Treasury Trust Fund, marking a significant step in integrating blockchain into traditional finance.
- The proposed digital shares will be issued through BNY Mellon, with ownership tracked using blockchain technology, aiming to modernize ownership records and transaction processing.
- The initiative reflects BlackRock CEO Larry Fink's endorsement of tokenization as a transformative force in financial markets, enabling faster settlement times, reducing market friction, and democratizing investing.
- Other financial giants like JPMorgan and State Street are also exploring blockchain for fund operations, signaling a growing trend towards asset tokenization in the financial industry.
99Bitcoins | 30 Apr, 2025
B2PRIME Group Appoints Ex-State Street Vice President to Lead Institutional Business Development
- B2PRIME Group appoints Fernando Wladdimiro as its new Institutional Business Development Manager.
- Fernando has over 7 years of experience at State Street as Vice President - eFX Sales & Relationship Management.
- B2PRIME aims to expand its institutional offering and global reach as a regulated Prime of Prime liquidity provider.
- The company focuses on delivering Tier-1 liquidity solutions across various asset classes.
Fintechreview | 28 Apr, 2025
ETFs Have Record Trading Volumes
- Exchange-traded funds in the US experienced record trading volumes due to increased volatility after tariff announcements by the Trump administration.
- State Street observed triple the volume of notional gross orders compared to the previous year, with overall trading volumes significantly higher.
- Active equity products maintained a share of 44% of flows, while passive fixed income ETFs showed high activity.
- State Street saw nearly 300% higher volumes in Treasury ETFs compared to the same week in 2024, with no operational issues reported.
- ETF liquidity remained stable during volatile periods, with ETF trading flows mainly being API-driven at State Street.
- Investors turned to S&P 500 ETFs like SPDR S&P 500 ETF and Vanguard S&P 500 ETF amid market downturns, while seeking safety in fixed income categories.
- Morningstar reported $18bn inflows into US ETFs despite global equities falling by 11% in early April, with investors focusing on specific ETF categories.
- Invesco noted increased interest in low volatility, quality, and international ETFs, as investors sought exposures that could perform well in challenging market conditions.
- Amundi reported a shift towards European equity ETFs as investors reduced US equity exposures, marking a change from the previous year's trends.
- ETF marketplaces saw all-time high activity levels during March, reflecting the trend of increased ETF usage during volatile market phases.
Intelalley | 15 Apr, 2025
“More Record Years Ahead” for ETF Assets
- Assets invested in ETFs are predicted to reach $30 trillion by 2033, as reported by Brown Brothers Harriman (BBH).
- ETF assets rose 27.7% last year to $14.7 trillion, driven by market performance and significant cash flows.
- BBH surveyed 325 ETF investors, with 63% targeting ETFs for fresh capital, followed by stocks and bonds.
- Detlef Glow from LSEG Lipper noted strong inflows in European ETFs in February 2025, indicating potential growth above average levels.
- European fund manager Amundi reported a shift towards European equity ETFs, with significant inflows in 2025.
- BBH survey revealed that 95% of investors plan to increase ETF allocations in the next 12 months, driven by active strategies and specialized investment options.
- Defined outcome ETFs were popular among investors seeking downside protection, with active ETFs experiencing net inflows of $374bn.
- BBH found that 97% of investors plan to increase exposure to active ETFs, potentially using them for relative outperformance in volatile markets.
- State Street ETF Servicing team predicted that active ETFs in the US would collect over 30% of all inflows and exceed $1 trillion in assets by the end of Q1 2025.
- In the area of alternative assets, 26% of investors expect continued interest, with ETFs providing democratized access to private market investments.
Intelalley | 25 Mar, 2025
Chocolate Finance Temporarily Suspends Instant Withdrawals
- Singapore-based financial services platform Chocolate Finance has temporarily halted instant withdrawals due to a spike in customer requests.
- Withdrawal requests will face processing delays of 3 to 10 working days instead of occurring instantly.
- Recently, customers were informed that they could no longer pay bills via the AXS platform using their Chocolate Finance cards, leading to a surge in withdrawal requests.
- Customer deposits with Chocolate Finance are held separately by custodians HSBC and State Street, offering protection in case of operational difficulties.
Fintechnews | 10 Mar, 2025
US firm that commissioned Fearless Girl statue quietly ends diversity policies
- State Street, the investment firm that commissioned the Fearless Girl statue, has quietly ended some of its diversity policies.
- Last year, State Street expected companies in its index funds to have boards with at least 30% female directors.
- In its updated policy released in March, the 30% gender requirement and other diversity-related requirements were removed.
- This change aligns with the trend of US companies retreating from diversity goals in recent years.
Guardian | 5 Mar, 2025
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State Street Corporation Subsidiaries
State Street Bank
3.7
• 307 reviews
State Street Global Advisors
3.8
• 204 reviews
InfraHedge Bangalore
2.9
• 6 reviews
State Street Global Markets
4.2
• 5 reviews
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State Street Corporation Offices
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State Street Corporation FAQs
When was State Street Corporation founded?
State Street Corporation was founded in 1792. The company has been operating for 233 years primarily in the Financial Services sector.
Where is the State Street Corporation headquarters located?
State Street Corporation is headquartered in Boston,Massachusetts. It operates in 4 cities such as Bangalore / Bengaluru, Mumbai, Chennai, Bhubaneswar. To explore all the office locations, visit State Street Corporation locations.
How many employees does State Street Corporation have in India?
State Street Corporation currently has more than 22,000+ employees in India. Finance & Accounting department appears to have the highest employee count in State Street Corporation based on the number of reviews submitted on AmbitionBox.
Does State Street Corporation have good work-life balance?
State Street Corporation has a Work-Life Balance Rating of 3.6 out of 5 based on 3,200+ employee reviews on AmbitionBox. 63% employees rated State Street Corporation 4 or above, while 37% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read State Street Corporation work-life balance reviews for more details.
Is State Street Corporation good for career growth?
Career growth at State Street Corporation is rated as moderate, with a promotions and appraisal rating of 3.0. 37% employees rated State Street Corporation 3 or below, while 63% employees rated it 4 or above on promotions / appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading State Street Corporation promotions / appraisals reviews for more detailed insights.
What are the cons of working in State Street Corporation?
Working at State Street Corporation does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, salary & benefits and work satisfaction, based on 3,200+ employee reviews on AmbitionBox.
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