What is State Street known for?

What is State Street known for?

It is one of the largest asset management companies in the world with US$3.1 trillion under management and US$38.8 trillion under custody and administration. It is the second largest custodian bank in the world, and it is considered a systemically important bank by the Financial Stability Board.

How much does an AVP at State Street make?

How much does an Assistant Vice President make at State Street in the United States? Average State Street Assistant Vice President yearly pay in the United States is approximately $90,973, which is 13% below the national average.

How is working for IBM?

IBM is an overall great place to work, they tend to pay a little below average and they want you to partake in their company culture, but their benefits and flexible nature of the working hours more than makes up for it. Management is understanding and wants to see your growth within the company.

How does State Street make money?

State Street provides Investment Servicing (e.g. asset servicing, foreign exchange & other trading, fund services, liquidity services, securities lending) and Investment Management services to: Mutual funds. Retirement plans. Insurance companies.

Who are State Street competitors?

State Street competitors include Brown Brothers Harriman, Wells Fargo, BlackRock, Citi and UBS.

Is State Street buy side or sell side?

State Street has introduced a new peer-to-peer repo trading solution to provide its buy-side clients with a broader range of direct trading capabilities within its agency lending business.

How much does a managing director at State Street make?

State Street Salary FAQs The average salary for a Managing Director is $197,106 per year in United States, which is 7% lower than the average State Street salary of $212,958 per year for this job.

Is State Street a good investment?

State Street Corporation – Hold Valuation metrics show that State Street Corporation may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of STT, demonstrate its potential to underperform the market. It currently has a Growth Score of F.

How many employees does State Street have?

State Street Corporation/Number of employees

What are the pros and cons of State Street?

Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor. This rating reflects the overall rating of State Street and is not affected by filters. Want more demographic options? Coming soon!

What do you need to know about State Street?

StateStreet is very employee-centric and always finding out better ways to bring in process efficiency Thank you for the positive feedback. We really appreciate the fact that you regard State Street as employee focused and value the ongoing business transformation which is one of our goals.

Why is State Street Bank underinvested in strategic areas?

Bloated staffing in a lot of non-essential roles and underinvestment in key strategic areas. Wants to compete with more sophisticated top tier banks but tries to do it on a shoestring budget. Sometimes it’s better to have smaller teams of highly effective people than an army of serviceable employees.