STATE STREET CORP (STT)

State Street Corporation, organized in 1969 under Massachusetts law as a bank holding company (financial holding company under the Bank Holding Company Act), is one of the world's leading providers of financial services to institutional investors, operating through its principal banking subsidiary, State Street Bank and Trust Company, in more than 100 geographic markets worldwide. As of December 31, 2025, the company reported $53.80 trillion in assets under custody and administration (AUC/A) and $5.67 trillion in assets under management (AUM), consolidated total assets of $366.05 billion, total deposits of $274.35 billion, total shareholders' equity of $27.84 billion, and approximately 52,000 employees. Its clients include asset managers and owners, insurance companies, wealth managers, official institutions and central banks, mutual funds, collective investment funds, corporate and public retirement plans, foundations and endowments across the Americas, Europe, the Middle East, and Asia-Pacific.

The company operates through two lines of business: Investment Servicing and Investment Management. Investment Servicing, delivered through State Street Investment Services and State Street Markets, offers back-, middle- and front-office solutions including custody, accounting and fund administration for traditional and alternative assets; recordkeeping, client reporting, transaction management, loans, cash, derivatives and collateral services; operations outsourcing; performance, risk and compliance analytics; financial data management; foreign exchange, brokerage and trading services; securities finance and prime services; and deposit and short-term investment facilities, with technology delivered through the State Street Alpha platform, which integrates Charles River Development's front- and middle-office offerings such as the Charles River Investment Management Solution, Charles River for Private Markets, and Charles River Wealth Management Solution, along with emerging digital asset and tokenization capabilities. Investment Management, conducted through State Street Investment Management (formerly State Street Global Advisors), provides investment solutions spanning equity, fixed income, liquidity and cash, multi-asset, and alternatives strategies, delivered via ETFs, custom indexed products, and actively managed funds and mandates.

The company competes globally against custodial banks, deposit-taking institutions, investment management firms, insurance companies, mutual funds, broker/dealers, investment banks, benefits consultants, technology and data companies, and other financial service providers, with competition driven by technological innovation, scale, capital levels, pricing, service quality, and, as a global systemically important bank, is subject to extensive regulatory oversight that shapes its competitive position relative to less-regulated peers.