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State Street

State Street Corporation is an American multinational financial services and bank holding company headquartered at One Congress Street in Boston. It is the second-oldest continuously operating U.S. bank, tracing its roots to Union Bank, chartered in 1792. The company serves institutional investors including asset managers, insurance companies, pension funds, and central banks globally.

State Street has 51,425 total employees and trailing twelve month revenue of $14.5B as of March 2026. The company is organized into two main business segments: Global Services, a custodian bank with $28 trillion (USD) of assets under custody and administration; and Global Advisors, with $2.45 trillion (USD) of assets under management. State Street Global Advisors (SSgA) invented the exchange-traded fund (ETF) vehicle in 1993 and currently manages SPDR ETF products. The company has offices in 29 countries around the world.

Recent Leadership News

Eric Aboaf, the Vice Chairman and CFO, stepped down in February 2025, with Mark R. Keating appointed as interim CFO. John F. Woods became Chief Financial Officer in 2025, previously serving as Vice Chair and CFO at Citizens Financial Group. Joerg Ambrosius was appointed president of Investment Services in August 2024.

Facts compiled by Executive Moves from publicly available news and press releases on 22 May 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.

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