Is State Street as bad as everyone says?
I don't know of anyone personally that has worked there, but all I have came across on Google is that they pay like shit and there is no room for advancement.
Anyone have anything to say about these guys?
I don't know of anyone personally that has worked there, but all I have came across on Google is that they pay like shit and there is no room for advancement.
Anyone have anything to say about these guys?
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Do you mean State Street Global Capital Markets, State Street Global Advisors?--because the asset management arm SSgA is second only to BlackRock in terms of AUM and it's a solid place to work in Boston.
But if you mean NAV Specialist in Braintree or wherever, you're right.
their global services (securities/treasury services) division is also one of the best in the business and competes with jpm, bny and such.. back-office jobs are terrible for advancement no matter what firm you work at
I believe this is for their Midwest location, primarily Kansas City, not sure if positions in Chi (which I know is a Global Advisors branch).
Don't do back office, seriously. I know -- if you can't help it, fine. I walked away from a SAC presentation after they tried to sell me "finance" and "tech" -- and then the woman said, "honestly, it's all back office. I know you don't want this."
Try to look at other AM firms: Pimco, BlackRock, even Wellington, etc.
The office in Kansas City does mostly back and some middle office type work.
State Street (Originally Posted: 01/06/2014)
What do you think of state street and equities trading? How does it rank with other big trading companies or BB trading department? How prestigious is it?
Bump ; would also like to know about their research.
Not 'prestigious' whatever that means.
State street (Originally Posted: 02/02/2014)
Has anyone applied to state street? Any one got an interview? What are your thoughts on the company as a whole? What is the Global markets division like?
yah. You talkin' internship or FT?
I applied to the FLDP thing they have and had a superday recently. SSGM is aight, no prop trading, but does a lot of market making and stuff. The company as a whole is a pretty conservative and clunky custody bank but has a lot of different branches. Their AM(global advisors) division is a top ten asset manager with around 2 trill AUM, and they recently rolled out a new analytics focused division called SS global exchange. They're also pretty big in the service provider game through SS global services and they do a lot of MO and BO service outsourcing.
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