
Organization
State Street was rated high risk because it scored poorly across all evaluated categories, including cancellations, discriminatory philanthropy, employment protection, advocacy bias, funding, and political actions. The company is seen as prioritizing political and identity-based initiatives over merit-based governance and core business objectives.
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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. As of the third quarter of 2025, State Street is one of the world's largest asset managers and custodians, with approximately US$5.4 trillion in assets under management and US$51.7 trillion under custody and administration.