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 the Cayman Islands: in the case of State Street Bank and Trust Company failure its depositors will not get any compensation.
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
There is no deposit guarantee scheme in the Cayman Islands.
In the case of State Street Bank and Trust Company failure its depositors will not be paid out any compensation.
State Street Bank and Trust Company operates under the brand name State Street. This banking brand has presence in the following European countries and selected dependent territories of the European countries:
The following banks operating under State Street brand name has been recently closed down: