Full-Time
Posted on 7/31/2026
Asset management and custody for institutions
$70k - $118.8k/yr
Company Historically Provides H1B Sponsorship
Quincy, MA, USA
Hybrid
Hybrid work may require in-office presence based on team, business, and location expectations.
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State Street provides asset management and custody banking services for institutional investors worldwide, with State Street Global Advisors managing portfolios and offering advisory services. It generates revenue from asset management fees, transaction fees, and custody/administration fees, plus income from its own investments and lending activities. The company differentiates itself through its global scale and focus on institutional clients, offering integrated asset management, custody, administration, research, and trading across a broad network. Its goal is to help institutional clients meet their financial objectives by delivering comprehensive investment, risk management, and custody solutions on a global platform.
Company Size
10,001+
Company Stage
IPO
Headquarters
Boston, Massachusetts
Founded
1792
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Flexible Work Hours
Remote Work Options
Professional Development Budget
Tuition Reimbursement
Paid Holidays
Employee Referral Bonus
State street buys Santander Caceis operation in Latin America. The acquisition adds about $470 billion in assets under custody to the manager's operations in Brazil, Mexico, and Colombia; the deal is still subject to regulatory approval and is expected to close in 2027. By Michael O'Boyle July 28, 2026 | 10:25 AM Bloomberg - State Street has reached an agreement to acquire the custody and asset servicing operations of Credit Agricole and Banco Santander in Brazil, Mexico, and Colombia. State Street will buy the Santander Caceis Latam Securities Services operation, which holds about $470 billion in assets under custody, according to a statement released on Tuesday (28), which did not disclose the terms of the transaction. Local teams will be retained after the deal closes, the company said. The transaction will help expand State Street's presence in offering custody solutions to institutional investors. The deal is subject to regulatory approval and customary closing conditions, and is expected to close sometime in 2027, State Street said. "This transaction will allow us to better serve our global clients with local and cross-border investment needs in Latin America," State Street's CEO Ron O'Hanley said in a statement. Last year, Credit Agricole took over Banco Santander's stake in the joint custody and asset servicing operations, but maintained the long-term partnership between the institutions and said that operations in Latin America would remain under joint control. See more at bloomberg.com
State Street Corporation has signed an initial agreement to acquire the Santander CACEIS Latam Securities Services joint venture in Brazil, Mexico, and Colombia. The joint venture, owned by Santander Group and CACEIS, manages assets under custody of approximately $470 billion and assets under administration of approximately $225 billion. The transaction will establish State Street as a leading provider of custody, foreign exchange, and middle- and back-office services across the region's three most important institutional investment markets. The acquisition expands State Street's global asset servicing network in Latin America. State Street plans to retain the business's experienced local teams and continue operating the entities through their existing market licences and regulatory frameworks upon closing.
State Street reported better-than-expected second-quarter results for 2026. The financial services company's revenue reached $4.05 billion, up 16.7% year on year and exceeding analyst estimates by 3.8%. The company's non-GAAP earnings per share came in at $3.65, beating consensus estimates by 9.2%. Assets under management grew 22.7% year on year to $6.28 trillion, surpassing analyst expectations of $5.83 trillion by 7.8%. Pre-tax profit stood at $1.39 billion, representing a 34.3% margin. State Street's market capitalisation is $51.64 billion. The company provides custody, investment management, and financial services to institutional investors including pension funds, asset managers, and central banks.
State Street to open Manila office in Apac push. The firm plans to open a Manila office in the second half of 2026 as part of a push to expand its footprint in the Asia-Pacific region. 22 May 2026 State Street Corporation has announced plans to establish a new office in Manila, the Philippines. State Street said the new office, scheduled to open in the second half of 2026, will strengthen its global processing capabilities and complement its existing Asia Pacific operations. "The Asia Pacific region is critical to our long-term growth strategy," said Ann Fogarty, chief operating officer for investment services at State Street. "The expansion into Manila is an important step in the continued evolution of our global operating model as we continue to support significant client growth in the region." State Street noted Manila's young and educated workforce from the city's University Belt with a strong pipeline of graduates. The new office would bring its total office count in the Asia Pacific region to 17 locations. The US-headquartered firm employs 51,000 people and holds $54.5trn in assets under custody and/or administration. MORE ARTICLES ON
Berlin-based getquin has raised €12 million in a funding round led by State Street Investment Management and Portage, with participation from existing and new investors. The European wealth platform, which enables users to track and analyse their portfolios across brokers and asset classes, will use the capital to evolve into a comprehensive digital wealth management solution. The company will develop next-generation investment solutions through a strategic collaboration with State Street IM, integrating the asset manager's ETFs into its investment advice platform. State Street IM manages over $5 trillion in assets globally. Founded in Berlin, getquin serves digital-first private investors seeking transparency and data-driven decision-making. The funding will support product development, AI capabilities and advisory services expansion, alongside team growth across engineering and wealth expertise.