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Organization

State Street Corporation

American financial holding company in Boston, organized in 1969; the parent of State Street Bank and Trust and of the asset manager State Street Investment Management.

14 links, 14 backed by primary records

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Dates
1969 –
Place
Boston
Also known as
State Street, State Street Corp
Sec cik
93751
State Street Corporation holds

Index-fund managers hold these shares for the people invested in their funds, who get their gains and losses. The managers vote them, in part or in full.

Each line is from its own filing and date, so they do not add up. Some filings report a number of shares and no percent.

Legal records

United States v. State Street Corporation, No. 1:17-cr-10008

  1. 17 Jan 2017 Charged by U.S. Department of Justice: one count of conspiracy to commit wire fraud and securities fraud 34
  2. 17 Jan 2017 Settled with U.S. Department of Justice: $32.3M, deferred prosecution agreement, over secret commissions charged to transition management clients 3567The company agreed that the Information's allegations and the statement of facts are true and accurate. The term ran three years from the later of the filing or a monitor's retention, and its 2020 annual report says the monitor's term was extended to 2021.
  3. 28 Jul 2022 Charge dismissed by U.S. Department of Justice 8The court ordered the dismissal the next day and closed the case on 1 August 2022.

United States v. State Street Corporation, No. 1:21-cr-10153

  1. 13 May 2021 Charged by U.S. Department of Justice: one count of conspiracy to commit wire fraud 910
  2. 13 May 2021 Settled with U.S. Department of Justice: $115M, deferred prosecution agreement, over secret markups on expenses charged to custody clients 10The Justice Department reports the company's admissions in its release. The agreement also required a compliance monitor for two years.
  3. 29 Feb 2024 Charge dismissed by U.S. Department of Justice 11The court closed the case on 4 March 2024.

A charge is an accusation, not a finding of guilt.

State Street Corporation is the parent of State Street Bank and Trust Company and of the asset manager State Street Investment Management. With BlackRock and The Vanguard Group it is one of the “Big Three” index-fund managers. Through its funds it holds shares in Tesla, Microsoft and Amazon for its clients; it does not own those shares for itself.

Connections 14

charged by

charge dismissed by

settled with

  • U.S. Department of Justice 17 Jan 2017 $32.3M, deferred prosecution agreement, over secret commissions charged to transition management clients Primary record 3567

    The company agreed that the Information's allegations and the statement of facts are true and accurate. The term ran three years from the later of the filing or a monitor's retention, and its 2020 annual report says the monitor's term was extended to 2021.

  • U.S. Department of Justice 13 May 2021 $115M, deferred prosecution agreement, over secret markups on expenses charged to custody clients Primary record 10

    The Justice Department reports the company's admissions in its release. The agreement also required a compliance monitor for two years.

holds shares for clients in

  • Tesla 117,456,756 shares, as of 30 Jun 2026 Held for clients Primary record 12

    Counts the shares reported for State Street Corporation and the units named in its 13F report. It reports sole voting authority over 14,197,652 of them, and no percent.

  • Microsoft 315,653,206 shares, as of 30 Jun 2026 Held for clients Primary record 12

    Counts the shares reported for State Street Corporation and the units named in its 13F report. It reports sole voting authority over 38,135,141 of them, and no percent.

  • Amazon 397,186,958 shares, as of 30 Jun 2026 Held for clients Primary record 12

    Counts the shares reported for State Street Corporation and the units named in its 13F report. It reports sole voting authority over 50,180,477 of them, and no percent.

  • BlackRock 6,414,683 shares, as of 30 Jun 2026 Held for clients Primary record 12

    Counts the shares reported for State Street Corporation and the units named in its 13F report. It reports sole voting authority over 680,356 of them, and no percent.

involved in

  • Common ownership of US airlines shareholder in competing airlines Primary record 12

    Shares held through funds for clients. Whether this common ownership raised fares is disputed.

includes

headquartered in

Timeline 7 dates
  1. 1969 – State Street Corporation
  2. 17 Jan 2017 State Street Corporation charged by U.S. Department of Justice
  3. 17 Jan 2017 State Street Corporation settled with U.S. Department of Justice
  4. 13 May 2021 State Street Corporation charged by U.S. Department of Justice
  5. 13 May 2021 State Street Corporation settled with U.S. Department of Justice
  6. 28 Jul 2022 State Street Corporation charge dismissed by U.S. Department of Justice
  7. 29 Feb 2024 State Street Corporation charge dismissed by U.S. Department of Justice
Proof 12 sources
  1. Form 13F-HR/A (Amendment No. 1, restatement) of State Street Corporation for the quarter ended June 30, 2026: information table, State Street Corporation, 22 Sep 2026. Primary record
    397186958
    315653206
    117456756
    6414683
  2. State Street Corporation annual report for 2025 (Form 10-K), State Street Corporation, 19 Feb 2026. Primary record
    State Street Bank operates as a specialized bank, referred to as a trust or custody bank, that services and manages assets on behalf of its institutional clients.
    Through our subsidiaries, including our principal banking subsidiary, State Street Bank and Trust Company, referred to as State Street Bank, we operate in more than 100 geographic markets worldwide
    We conduct our business primarily through State Street Bank, which traces its beginnings to 1792, with the founding of our oldest ancestor bank, Union Bank.
    Our Investment Management line of business provides a comprehensive range of investment management solutions and products for our clients through State Street Investment Management (previously State Street Global Advisors).
    Our corporate headquarters is located at One Congress Street, Boston, Massachusetts 02114
  3. Deferred Prosecution Agreement, United States v. State Street Corporation (District of Massachusetts), U.S. Department of Justice, 17 Jan 2017. Primary record
    will file the attached one-count criminal Information in the United States District Court for the District of Massachusetts charging the Company with conspiracy to commit wire fraud and securities fraud, in violation of 18 U.S.C. Section 371.
    that the allegations described in the Information and the facts described in the attached Statement of Facts are true and accurate.
  4. United States v. State Street Corporation (Criminal Division, Fraud Section case page), U.S. Department of Justice, 11 Aug 2023. Primary record
    1:17-cr-10008-IT-1
  5. State Street Corporation Agrees to Pay More than $64 Million to Resolve Fraud Charges (press release), U.S. Department of Justice, 18 Jan 2017. Primary record
    has entered into a deferred prosecution agreement and agreed to pay a $32.3 million criminal penalty to resolve the government’s criminal investigation into a scheme to defraud at least six of the bank’s clients through secret commissions applied to billions of dollars of securities trades.
  6. State Street Corporation current report (Form 8-K) of January 18, 2017, State Street Corporation, 18 Jan 2017. Primary record
    a copy of such agreement (which was entered into on January 17, 2017)
  7. State Street Corporation annual report for 2020 (Form 10-K), State Street Corporation, 19 Feb 2021. Primary record
    under which we agreed to retain an independent compliance and ethics monitor for a term which has now been extended to 2021 (subject to further extension)
  8. United States v. State Street Corporation, 1:17-cr-10008 (D. Mass.): docket, CourtListener, from the court's PACER docket, 1 Aug 2022. Primary record
    DISMISSAL as to State Street Corporation
    Judge Indira Talwani: ORDER entered. DISMISSAL OF THE INFORMATION.
  9. Information, United States v. State Street Corporation, Criminal No. 21cr10153 (District of Massachusetts), U.S. Department of Justice, 13 May 2021. Primary record
    Criminal No. 21cr10153 Violation: Count One: Conspiracy to Commit Wire Fraud (18 U.S.C. § 1349)
  10. State Street Corporation to Pay $115 Million Criminal Penalty and Enter Into Deferred Prosecution Agreement in Connection With Scheme to Overcharge Custody Customers (press release), U.S. Department of Justice, 13 May 2021. Primary record
    State Street entered into a deferred prosecution agreement in connection with a criminal information charging the company with one count of conspiracy to commit wire fraud.
    entered into a deferred prosecution agreement and agreed to pay a $115 million criminal penalty to resolve charges that it engaged in a scheme to defraud a number of the bank’s clients by secretly overcharging for expenses related to the bank’s custody of client assets.
    According to State Street’s admissions, between 1998 and 2015, bank executives conspired to add secret markups to “out-of-pocket” (OOP) expenses charged to the bank’s clients
  11. United States v. State Street Corporation, 1:21-cr-10153 (D. Mass.): docket, CourtListener, from the court's PACER docket, 4 Mar 2024. Primary record
    Dismissal by Government
    Date Terminated: March 4, 2024
  12. Comment letter to the Federal Trade Commission on Hearing #8 (Common Ownership), Competition and Consumer Protection in the 21st Century, BlackRock, 15 Jan 2019. Primary record
    75-85% of shares during any given quarter of AST’s analysis are managed by traditional investment managers of diversified portfolios (such as BlackRock, Capital Group, Fidelity, State Street Global Investors, T.Rowe Price, and Vanguard)
Page history 2 changes
  1. Sprint 13: Ask shows the debateAlibek8a1dde7
  2. Sprint 12: State Street, disputing a finding, holders by filing dateAlibek5075dda

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