State Street Bank and Trust Company
in Australia 🇦🇺
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About State Street Bank and Trust Company in Australia
State Street Bank and Trust Company is a specialized institutional bank operating in Australia as a foreign authorized deposit-taking institution (ADI). It is the principal banking subsidiary of State Street Corporation, one of the world's largest custodian banks and asset servicing providers.
The bank focuses exclusively on serving institutional investors, including mutual funds, pension funds, insurance companies, and other large financial institutions. In Australia, State Street operates as a branch authorized by the Australian Prudential Regulation Authority (APRA) and provides specialized custody, fund administration, and securities services.
As of 2025, State Street globally manages approximately US$51.7 trillion in assets under custody and administration, making it the world's largest custodian bank.