DEPARTMENT OF LABOR
Employment and Training Administration

TA-W-95,432

STATE STREET BANK & TRUST CO.
TRANSFER AGENCY DIVISION
A SUBSIDIARY OF STATE STREET CORPORATION
INCLUDING ON-SITE LEASED WORKERS FROM ZEROCHAOS
NORTH QUINCY, MASSACHUSETTS

Certification Regarding Eligibility
To Apply for Worker Adjustment Assistance

In accordance with Section 223 of the Trade Act of 1974, as
amended ("Act"), 19 U.S.C. § 2273, the Department of Labor
herein presents the results of an investigation regarding
certification of eligibility to apply for worker adjustment
assistance.
The group eligibility requirements for workers of a firm
under Section 222(a) of the Act, 19 U.S.C. § 2272(a), are
satisfied if the following criteria are met:
(1) a significant number or proportion of the
workers in such workers' firm have become totally or
partially separated, or are threatened to become
totally or partially separated;
(2)(B)(i)(I) there has been a shift by the workers'
firm to a foreign country in the production of
articles or supply of services like or directly
competitive with those produced/supplied by the
workers' firm; OR
(II) there has been an acquisition from a
foreign country by the workers' firm of
articles/services that are like or directly
competitive with those produced/supplied by
the workers' firm; AND
(ii) the shift/acquisition must have contributed
importantly to the workers' separation or
threat of separation.

The investigation was initiated in response to a petition
filed on November 29, 2019 by a state workforce office on behalf
of workers of State Street Bank & Trust Co., Transfer Agency
Division, a subsidiary of State Street Corporation, including
on-site leased workers from ZeroChaos, North Quincy,
Massachusetts (hereafter referred as "State Street Bank &
Trust Co.").
The workers' firm is engaged in activities related to the
supply of client shareholder record-keeping services.
During the course of the investigation, information was
collected from the petitioner and the workers' firm.
Section 222(a)(1) has been met because a significant number
or proportion of the workers in such workers' firm have become
totally or partially separated, or are threatened to become
totally or partially separated.
Section 222(a)(2)(B) has been met because the workers' firm
has acquired from a foreign country client shareholder record-
keeping services like or directly competitive with the services
supplied by the workers which contributed importantly to worker
group separations at State Street Bank & Trust Co.
Conclusion
After careful review of the facts obtained in the
investigation, I determine that workers of State Street Bank &
Trust Co., Transfer Agency Division, a subsidiary of State
Street Corporation, including on-site leased workers from
ZeroChaos, North Quincy, Massachusetts, who are engaged in
activities related to the supply of client shareholder record-
keeping services meet the worker group certification criteria
under Section 222(a) of the Act, 19 U.S.C. § 2272(a). In
accordance with Section 223 of the Act, 19 U.S.C. § 2273, I make
the following certification:
"All workers of State Street Bank & Trust Co., Transfer
Agency Division, a subsidiary of State Street
Corporation, including on-site leased workers from
ZeroChaos, North Quincy, Massachusetts, who became totally
or partially separated from employment on or after November
27, 2018 through two years from the date of certification,
and all workers in the group threatened with total or
partial separation from employment on the date of
certification through two years from the date of
certification, are eligible to apply for adjustment
assistance under Chapter 2 of Title II of the Trade Act of
1974, as amended."
Signed in Washington, D.C. this 12th day of May 2020.

/s/Hope D. Kinglock
______________________________
HOPE D. KINGLOCK
Certifying Officer, Office of
Trade Adjustment Assistance