State Street Bank is an American custodian bank, providing a broad range of investment financial services, including investment servicing, investment research and trading, and investment management.
State Street Bank and Trust Company has Category B banking license number 80031 issued by the Cayman Islands Monetary Authority. This type of license allows State Street Bank and Trust Company to conduct banking operations with non-residents and domestic banking business with other Cayman Islands licenced entities.
There is no deposit guarantee scheme in place for State Street Bank and Trust Company. It means that in the event of State Street Bank and Trust Company failure its depositors will not receive any compensation or coverage.
State Street Bank and Trust Company was authorized and supervised by the Cayman Islands Monetary Authority.