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Valued at a market cap of $26.1 billion, Boston, Massachusetts-based State Street Corporation (STT) is a leading financial holding company serving institutional investors worldwide. State Street’s clients include mutual funds, retirement plans, insurance companies, investment managers, foundations, and endowments.
Companies worth more than $10 billion are generally labeled as “large-cap” stocks and State Street fits this criterion perfectly. Through its subsidiaries, the company offers a broad range of investment servicing, management solutions, and front-office technologies, including custody, fund administration, securities finance, foreign exchange, and performance analytics.