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State Street Bank is a leading financial services provider serving some of the world’s most sophisticated institutions. The Bank offer a flexible suite of services that spans the investment spectrum, including investment management, research and trading, and investment servicing. To succeed in today’s complex, dynamic marketplace, institutional investors need more than a service provider. They need a strategic collaborator. State Street’s singular focus on serving the needs of institutional investors is one of its key competitive differentiators. State Street is an industry leader and innovator. The setting standards with new products and services, and expanding the depth and breadth of client relationships. The longstanding reputation as a capable and experienced service provider consistently positions the Bank at the top of industry rankings. By leveraging the strength of a global network and an integrated technology infrastructure, the Bank provided its clients with a worldwide platform for growth, creating custom-tailored solutions that can support even the most complicated investment strategy in virtually any market.

With 29,000 talented and dedicated employees all over the world, State Street offers a global perspective backed by local industry expertise. The Bank maintain operations in 26 countries covering all major investment centers. Its network spans more than 100 geographic markets, facilitating its clients’ investment strategies wherever they see opportunity.

Unlike the Schedule I and Schedule II banks, as a Schedule III bank, State Street Bank (Canada Branch) are NOT incorporated under the Bank Act and therefore operate in Canada under other government-mandated restrictions. Schedule III banks usually operate within the country's largest cities (being Toronto, Montreal, Calgary and Vancouver), under certain restrictions mentioned in the Act. As of October 2010, there were 23 such banks in Canada.

In Canada, the Office of the Superintendent of Financial Institutions (OSFI) is responsible for administering a number of federal statutes, including the Bank Act and the Trust and Loan Companies Act, the statutes applicable to the regulation of banks and federal trust and loan companies.