State Street Bank International GmbH products, services and reviews

About State Street Bank International GmbH

State Street Bank International GmbH is a German-incorporated credit institution and the primary European banking entity of State Street Corporation (NYSE: STT), headquartered in Munich and operating through branches across the European Economic Area. Its business is focused on securities services for institutional clients, including global custody and safekeeping, asset servicing, fund accounting and administration, depositary/trustee services under UCITS and AIFMD, collateral management, securities lending agency, foreign exchange, cash management, transfer agency, and middle- and back-office outsourcing. It operates a wholesale model rather than retail banking and does not market consumer products such as current accounts, cards, or mortgages; lending activity, where present, is typically linked to securities financing and short-term liquidity for institutional portfolios. The bank is authorized in Germany and subject to prudential supervision within the EU Banking Union framework, with oversight involving BaFin and the Deutsche Bundesbank under the Single Supervisory Mechanism. It must comply with EU capital and liquidity rules (CRR/CRD), investor asset protection requirements, and resolution planning standards, including MREL set by the Single Resolution Board. Eligible deposits, where applicable, are protected by the German statutory deposit guarantee scheme (Entschädigungseinrichtung deutscher Banken) up to €100,000 per depositor; institutional balances and custody assets are subject to separate regulatory treatment and are not covered as deposits. Legal agreements, safekeeping locations, and regulatory reporting are typically aligned with the client’s jurisdiction through the relevant branch, while operations are integrated with State Street’s global network. Prospective institutional users should review counterparty risk, sub-custodian networks, depositary liability under UCITS/AIFMD, omnibus versus segregated account structures, terms governing asset segregation and rehypothecation, FX pricing and cash sweep policies, and the scope of indemnities and service-level commitments.