SEC Info - State Street Corp - ‘10-Q’ for 6/30/17

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State Street Corp – ‘10-Q’ for 6/30/17 – ‘EX-101.LAB’

On: Friday, 8/4/17, at 7:02am ET · For: 6/30/17 · Accession #: 93751-17-435 · File #: 1-07511

  As Of               Filer                 Filing    For·On·As Docs:Size

 8/04/17  State Street Corp                 10-Q        6/30/17  115:30M

Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   2.39M 
 2: EX-10.1     Material Contract                                   HTML    317K 
 3: EX-12       Statement re: Computation of Ratios                 HTML    100K 
 4: EX-15       Letter re: Unaudited Interim Financial Info         HTML     32K 
 5: EX-31.1     Certification -- §302 - SOA'02                      HTML     38K 
 6: EX-31.2     Certification -- §302 - SOA'02                      HTML     38K 
 7: EX-32       Certification -- §906 - SOA'02                      HTML     35K 
14: R1          Document And Entity Information                     HTML     50K 
15: R2          Consolidated Statement of Income                    HTML    125K 
16: R3          Consolidated Statement of Comprehensive Income      HTML     59K 
17: R4          Consolidated Statement of Comprehensive Income      HTML     45K 
                (Parenthetical)                                                  
18: R5          Consolidated Statement of Condition                 HTML    135K 
19: R6          Consolidated Statement of Condition                 HTML     72K 
                (Parenthetical)                                                  
20: R7          Consolidated Statement of Changes In Shareholders'  HTML     87K 
                Equity                                                           
21: R8          Consolidated Statement of Changes In Shareholders'  HTML     36K 
                Equity (Parenthetical)                                           
22: R9          Consolidated Statement of Cash Flows                HTML    142K 
23: R10         Summary of Significant Accounting Policies          HTML     64K 
24: R11         Fair Value                                          HTML    923K 
25: R12         Investment Securities                               HTML    670K 
26: R13         Loans and Leases                                    HTML    155K 
27: R14         Goodwill and Other Intangible Assets                HTML    133K 
28: R15         Other Assets                                        HTML     54K 
29: R16         Derivative Financial Instruments                    HTML    375K 
30: R17         Offsetting Arrangements                             HTML    252K 
31: R18         Commitments and Guarantees                          HTML     60K 
32: R19         Contingencies                                       HTML     58K 
33: R20         Variable Interest Entities                          HTML     41K 
34: R21         Shareholders' Equity                                HTML    287K 
35: R22         Regulatory Capital                                  HTML    232K 
36: R23         Net Interest Income                                 HTML     83K 
37: R24         Expenses                                            HTML    104K 
38: R25         Earnings Per Common Share                           HTML     78K 
39: R26         Line of Business Information                        HTML    197K 
40: R27         Non-U.S. Activities                                 HTML     64K 
41: R28         Summary of Significant Accounting Policies          HTML     66K 
                (Policies)                                                       
42: R29         Summary of Significant Accounting Policies          HTML     53K 
                (Tables)                                                         
43: R30         Fair Value (Tables)                                 HTML    970K 
44: R31         Investment Securities (Tables)                      HTML    669K 
45: R32         Loans and Leases (Tables)                           HTML    152K 
46: R33         Goodwill and Other Intangible Assets (Tables)       HTML    132K 
47: R34         Other Assets (Tables)                               HTML     54K 
48: R35         Derivative Financial Instruments (Tables)           HTML    443K 
49: R36         Offsetting Arrangements (Tables)                    HTML    254K 
50: R37         Commitments and Guarantees (Tables)                 HTML     56K 
51: R38         Shareholders' Equity (Tables)                       HTML    291K 
52: R39         Regulatory Capital (Tables)                         HTML    225K 
53: R40         Net Interest Income (Tables)                        HTML     82K 
54: R41         Expenses (Tables)                                   HTML    103K 
55: R42         Earnings Per Common Share (Tables)                  HTML     76K 
56: R43         Line of Business Information (Tables)               HTML    193K 
57: R44         Non-U.S. Activities (Tables)                        HTML     63K 
58: R45         Summary of Significant Accounting Policies - Basis  HTML     40K 
                of Presentation (Details)                                        
59: R46         Summary of Significant Accounting Policies - New    HTML     35K 
                Accounting Pronouncement (Details)                               
60: R47         Fair Value - Narrative (Details)                    HTML     40K 
61: R48         Fair Value - Schedule of Fair Value Measurements    HTML    245K 
                on a Recurring Basis (Details)                                   
62: R49         Fair Value - Schedule of Fair Value Measurements,   HTML    129K 
                Assets, Using Significant Unobservable Inputs                    
                (Details)                                                        
63: R50         Fair Value - Schedule of Fair Value Measurements,   HTML     50K 
                Liabilities, Using Significant Unobservable Input                
                (Details)                                                        
64: R51         Fair Value - Fair Value Inputs, Assets and          HTML     69K 
                Liabilities, Quantitative Information (Details)                  
65: R52         Fair Value - Carrying Value and Estimated Fair      HTML     99K 
                Value of Financial Instruments (Details)                         
66: R53         Investment Securities - Narrative (Details)         HTML     52K 
67: R54         Investment Securities - Schedule of Marketable      HTML    145K 
                Securities (Details)                                             
68: R55         Investment Securities - Schedule of Gross Pre-Tax   HTML    161K 
                Unrealized Losses on Investment Securities                       
                (Details)                                                        
69: R56         Investment Securities - Schedule of Contractual     HTML    141K 
                Maturities of Debt Securities (Details)                          
70: R57         Investment Securities - Schedule of Credit-Related  HTML     40K 
                Loss Activity Recognized In Earnings (Details)                   
71: R58         Loans and Leases - Narrative (Details)              HTML     60K 
72: R59         Loans and Leases - Net Loans (Details)              HTML     61K 
73: R60         Loans and Leases - Recorded Investment in Each      HTML     57K 
                Class of Total Loans and Leases by Credit Quality                
                Indicator (Details)                                              
74: R61         Loans and Leases - Schedule of Allowance for Loan   HTML     58K 
                Losses (Details)                                                 
75: R62         Loans and Leases - Schedule of Activity In The      HTML     40K 
                Allowance For Loan Losses (Details)                              
76: R63         Goodwill and Other Intangible Assets - Changes In   HTML     49K 
                The Carrying Amount Of Goodwill (Details)                        
77: R64         Goodwill and Other Intangible Assets - Changes In   HTML     53K 
                The Carrying Amount Of Other Intangible Assets                   
                (Details)                                                        
78: R65         Goodwill and Other Intangible Assets - Gross        HTML     48K 
                Carrying Amount, Accumulated Amortization And Net                
                Carrying Amount Of Other Intangible Assets                       
                (Details)                                                        
79: R66         Other Assets (Details)                              HTML     62K 
80: R67         Derivative Financial Instruments - Narrative        HTML     59K 
                (Details)                                                        
81: R68         Derivative Financial Instruments - Schedule of      HTML     54K 
                Interest Rate Derivatives (Details)                              
82: R69         Derivative Financial Instruments - Schedule of      HTML     60K 
                Outstanding Hedges (Notional Amount) (Details)                   
83: R70         Derivative Financial Instruments - Notional Amount  HTML     57K 
                of Interest Rate Swap Agreements Designated as                   
                Fair Value and Cash Flow Hedges (Details)                        
84: R71         Derivative Financial Instruments - Contractual and  HTML     36K 
                Weighted-Average Interest Rates, Which Include the               
                Effects of Hedges Related to Financial Instruments               
                (Details)                                                        
85: R72         Derivative Financial Instruments - Schedule of The  HTML     62K 
                Fair Values of Derivative Financial Instruments                  
                (Details)                                                        
86: R73         Derivative Financial Instruments - Impact of        HTML     51K 
                Derivatives on Consolidated Statement of Income                  
                (Details)                                                        
87: R74         Derivative Financial Instruments - Schedule of      HTML     79K 
                Differences Between the Gains (Losses) on the                    
                Derivative and The Gains (Losses) on the Hedged                  
                Item (Details)                                                   
88: R75         Offsetting Arrangements - Narrative (Details)       HTML     35K 
89: R76         Offsetting Arrangements - Assets With Offsetting    HTML     88K 
                Arrangements (Details)                                           
90: R77         Offsetting Arrangements - Liabilities With          HTML     92K 
                Offsetting Arrangements (Details)                                
91: R78         Offsetting Arrangements - Repo, Sec Lending         HTML     70K 
                Transactions Maturity By Category (Details)                      
92: R79         Commitments and Guarantees - Narrative (Details)    HTML     40K 
93: R80         Commitments and Guarantees - Contractual Amounts    HTML     38K 
                of Credit-Related Off-Balance Sheet Financial                    
                Instruments (Details)                                            
94: R81         Commitments and Guarantees - Schedule Of            HTML     39K 
                Repurchase Agreements (Details)                                  
95: R82         Contingencies - Narrative (Details)                 HTML     64K 
96: R83         Variable Interest Entities (Details)                HTML     56K 
97: R84         Shareholders' Equity - Schedule of Preferred        HTML     69K 
                Shares Outstanding (Details)                                     
98: R85         Shareholders' Equity - Schedule of Dividends        HTML     85K 
                Declared (Details)                                               
99: R86         Shareholders' Equity - Schedule of Shares           HTML     52K 
                Repurchase Plans (Details)                                       
100: R87         Shareholders' Equity - Schedule of Accumulated      HTML     60K  
                Other Comprehensive (Loss) Income (Details)                      
101: R88         Shareholders' Equity - Accumulated Other            HTML     69K  
                Comprehensive Income by Component (Details)                      
102: R89         Shareholders' Equity - Adjustments to Accumulated   HTML     58K  
                Other Comprehensive Income (Details)                             
103: R90         Regulatory Capital (Details)                        HTML    132K  
104: R91         Net Interest Income - Components of Interest        HTML     66K  
                Revenue and Interest Expenses (Details)                          
105: R92         Expenses - Schedule of Expenses (Details)           HTML     43K  
106: R93         Expenses - Narrative (Details)                      HTML     43K  
107: R94         Expenses - Restructuring Reserve (Details)          HTML     56K  
108: R95         Earnings Per Common Share (Details)                 HTML     63K  
109: R96         Line of Business Information - Narrative (Details)  HTML     32K  
110: R97         Line of Business Information - Summary of Line of   HTML     85K  
                Business (Details)                                               
111: R98         Non-U.S. Activities - Narrative (Details)           HTML     36K  
112: R99         Non-U.S. Activities - Schedule Of Results From      HTML     42K  
                Non-U.S. Operations (Details)                                    
114: XML         IDEA XML File -- Filing Summary                      XML    212K  
113: EXCEL       IDEA Workbook of Financial Reports                  XLSX    163K  
 8: EX-101.INS  XBRL Instance -- stt-20170630                        XML  11.90M 
10: EX-101.CAL  XBRL Calculations -- stt-20170630_cal                XML    446K 
11: EX-101.DEF  XBRL Definitions -- stt-20170630_def                 XML   1.27M 
12: EX-101.LAB  XBRL Labels -- stt-20170630_lab                      XML   2.59M 
13: EX-101.PRE  XBRL Presentations -- stt-20170630_pre               XML   1.68M 
 9: EX-101.SCH  XBRL Schema -- stt-20170630                          XSD    291K 
115: ZIP         XBRL Zipped Folder -- 0000093751-17-000435-xbrl      Zip    571K

‘EX-101.LAB’ — XBRL Labels — stt-20170630_lab

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<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeContractTypeDomain_B04B9F1B0774975B8D93582EC4D3C0D4" xlink:to="lab_us-gaap_DerivativeContractTypeDomain_B04B9F1B0774975B8D93582EC4D3C0D4" xlink:type="arc"/>

<link:label id="lab_us-gaap_ForeignExchangeContractMember_DE063A1CF00E9C570BB0582EC4D3D65C_terseLabel_en-US" xlink:label="lab_us-gaap_ForeignExchangeContractMember_DE063A1CF00E9C570BB0582EC4D3D65C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign exchange contracts </link:label>

<link:label id="lab_us-gaap_ForeignExchangeContractMember_DE063A1CF00E9C570BB0582EC4D3D65C_label_en-US" xlink:label="lab_us-gaap_ForeignExchangeContractMember_DE063A1CF00E9C570BB0582EC4D3D65C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Exchange Contract [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignExchangeContractMember" xlink:label="loc_us-gaap_ForeignExchangeContractMember_DE063A1CF00E9C570BB0582EC4D3D65C" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ForeignExchangeContractMember_DE063A1CF00E9C570BB0582EC4D3D65C" xlink:to="lab_us-gaap_ForeignExchangeContractMember_DE063A1CF00E9C570BB0582EC4D3D65C" xlink:type="arc"/>

<link:label id="lab_us-gaap_InterestRateContractMember_32BD0197288329001DAF582EC4D3F669_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateContractMember_32BD0197288329001DAF582EC4D3F669" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest-rate contracts(6) </link:label>

<link:label id="lab_us-gaap_InterestRateContractMember_32BD0197288329001DAF582EC4D3F669_label_en-US" xlink:label="lab_us-gaap_InterestRateContractMember_32BD0197288329001DAF582EC4D3F669" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Rate Contract [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestRateContractMember" xlink:label="loc_us-gaap_InterestRateContractMember_32BD0197288329001DAF582EC4D3F669" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestRateContractMember_32BD0197288329001DAF582EC4D3F669" xlink:to="lab_us-gaap_InterestRateContractMember_32BD0197288329001DAF582EC4D3F669" xlink:type="arc"/>

<link:label id="lab_us-gaap_EquityContractMember_00F42646F413056671F4582EC4D43499_terseLabel_en-US" xlink:label="lab_us-gaap_EquityContractMember_00F42646F413056671F4582EC4D43499" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other derivative contracts </link:label>

<link:label id="lab_us-gaap_EquityContractMember_00F42646F413056671F4582EC4D43499_label_en-US" xlink:label="lab_us-gaap_EquityContractMember_00F42646F413056671F4582EC4D43499" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Contract [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityContractMember" xlink:label="loc_us-gaap_EquityContractMember_00F42646F413056671F4582EC4D43499" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityContractMember_00F42646F413056671F4582EC4D43499" xlink:to="lab_us-gaap_EquityContractMember_00F42646F413056671F4582EC4D43499" xlink:type="arc"/>

<link:label id="lab_us-gaap_BalanceSheetLocationAxis_24C7CF586A3A619AB853582EC4D47858_terseLabel_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationAxis_24C7CF586A3A619AB853582EC4D47858" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Balance Sheet Location [Axis] </link:label>

<link:label id="lab_us-gaap_BalanceSheetLocationAxis_24C7CF586A3A619AB853582EC4D47858_label_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationAxis_24C7CF586A3A619AB853582EC4D47858" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Balance Sheet Location [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="loc_us-gaap_BalanceSheetLocationAxis_24C7CF586A3A619AB853582EC4D47858" xlink:type="locator"/>

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<link:label id="lab_us-gaap_BalanceSheetLocationDomain_6D8337BE9AA5673651B4582EC4D449E9_terseLabel_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationDomain_6D8337BE9AA5673651B4582EC4D449E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Balance Sheet Location [Domain] </link:label>

<link:label id="lab_us-gaap_BalanceSheetLocationDomain_6D8337BE9AA5673651B4582EC4D449E9_label_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationDomain_6D8337BE9AA5673651B4582EC4D449E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Balance Sheet Location [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="loc_us-gaap_BalanceSheetLocationDomain_6D8337BE9AA5673651B4582EC4D449E9" xlink:type="locator"/>

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<link:label id="lab_us-gaap_OtherAssetsMember_C0CF3576EA742E0DC9D9582EC4D41545_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsMember_C0CF3576EA742E0DC9D9582EC4D41545" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Assets </link:label>

<link:label id="lab_us-gaap_OtherAssetsMember_C0CF3576EA742E0DC9D9582EC4D41545_label_en-US" xlink:label="lab_us-gaap_OtherAssetsMember_C0CF3576EA742E0DC9D9582EC4D41545" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="loc_us-gaap_OtherAssetsMember_C0CF3576EA742E0DC9D9582EC4D41545" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsMember_C0CF3576EA742E0DC9D9582EC4D41545" xlink:to="lab_us-gaap_OtherAssetsMember_C0CF3576EA742E0DC9D9582EC4D41545" xlink:type="arc"/>

<link:label id="lab_us-gaap_OtherLiabilitiesMember_319566D6FEB2650AAD44582EC4D40798_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesMember_319566D6FEB2650AAD44582EC4D40798" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other liabilities </link:label>

<link:label id="lab_us-gaap_OtherLiabilitiesMember_319566D6FEB2650AAD44582EC4D40798_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesMember_319566D6FEB2650AAD44582EC4D40798" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Liabilities [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="loc_us-gaap_OtherLiabilitiesMember_319566D6FEB2650AAD44582EC4D40798" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilitiesMember_319566D6FEB2650AAD44582EC4D40798" xlink:to="lab_us-gaap_OtherLiabilitiesMember_319566D6FEB2650AAD44582EC4D40798" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativesFairValueLineItems_308FBBFA9AA7E386C041582EC4D4F6E2_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativesFairValueLineItems_308FBBFA9AA7E386C041582EC4D4F6E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivatives, Fair Value [Line Items] </link:label>

<link:label id="lab_us-gaap_DerivativesFairValueLineItems_308FBBFA9AA7E386C041582EC4D4F6E2_label_en-US" xlink:label="lab_us-gaap_DerivativesFairValueLineItems_308FBBFA9AA7E386C041582EC4D4F6E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivatives, Fair Value [Line Items] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativesFairValueLineItems" xlink:label="loc_us-gaap_DerivativesFairValueLineItems_308FBBFA9AA7E386C041582EC4D4F6E2" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativesFairValueLineItems_308FBBFA9AA7E386C041582EC4D4F6E2" xlink:to="lab_us-gaap_DerivativesFairValueLineItems_308FBBFA9AA7E386C041582EC4D4F6E2" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_0174E1D9EDB1658D0623582EC4D49F3F_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_0174E1D9EDB1658D0623582EC4D49F3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair value of derivative assets </link:label>

<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_0174E1D9EDB1658D0623582EC4D49F3F_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_0174E1D9EDB1658D0623582EC4D49F3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Fair Value, Gross Asset </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeAsset_0174E1D9EDB1658D0623582EC4D49F3F" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeAsset_0174E1D9EDB1658D0623582EC4D49F3F" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_0174E1D9EDB1658D0623582EC4D49F3F" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_7F5C2D8B863B12C81643582EC4D45BB7_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_7F5C2D8B863B12C81643582EC4D45BB7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair value of derivative liabilities </link:label>

<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_7F5C2D8B863B12C81643582EC4D45BB7_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_7F5C2D8B863B12C81643582EC4D45BB7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value, Gross Liability </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeLiability_7F5C2D8B863B12C81643582EC4D45BB7" xlink:type="locator"/>

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<link:label id="lab_us-gaap_EquityAbstract_8E89960FB9887B3682D9454BA0D3BC96_label_en-US" xlink:label="lab_us-gaap_EquityAbstract_8E89960FB9887B3682D9454BA0D3BC96" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityAbstract" xlink:label="loc_us-gaap_EquityAbstract_8E89960FB9887B3682D9454BA0D3BC96" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ScheduleOfStockByClassTextBlock_44822A1614B954E4AB88454BA0D3012B_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfStockByClassTextBlock_44822A1614B954E4AB88454BA0D3012B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Preferred Shares </link:label>

<link:label id="lab_us-gaap_ScheduleOfStockByClassTextBlock_44822A1614B954E4AB88454BA0D3012B_label_en-US" xlink:label="lab_us-gaap_ScheduleOfStockByClassTextBlock_44822A1614B954E4AB88454BA0D3012B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Stock by Class [Table Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfStockByClassTextBlock" xlink:label="loc_us-gaap_ScheduleOfStockByClassTextBlock_44822A1614B954E4AB88454BA0D3012B" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfStockByClassTextBlock_44822A1614B954E4AB88454BA0D3012B" xlink:to="lab_us-gaap_ScheduleOfStockByClassTextBlock_44822A1614B954E4AB88454BA0D3012B" xlink:type="arc"/>

<link:label id="lab_us-gaap_DividendsDeclaredTableTextBlock_A62265D0953DD65C9A69454BA0D31CDC_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsDeclaredTableTextBlock_A62265D0953DD65C9A69454BA0D31CDC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dividends Declared </link:label>

<link:label id="lab_us-gaap_DividendsDeclaredTableTextBlock_A62265D0953DD65C9A69454BA0D31CDC_label_en-US" xlink:label="lab_us-gaap_DividendsDeclaredTableTextBlock_A62265D0953DD65C9A69454BA0D31CDC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends Declared [Table Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DividendsDeclaredTableTextBlock" xlink:label="loc_us-gaap_DividendsDeclaredTableTextBlock_A62265D0953DD65C9A69454BA0D31CDC" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ScheduleOfTreasuryStockByClassTextBlock_69B57AA953C8BDEB56C8454BA0D38B81_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfTreasuryStockByClassTextBlock_69B57AA953C8BDEB56C8454BA0D38B81" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock Repurchase Program </link:label>

<link:label id="lab_us-gaap_ScheduleOfTreasuryStockByClassTextBlock_69B57AA953C8BDEB56C8454BA0D38B81_label_en-US" xlink:label="lab_us-gaap_ScheduleOfTreasuryStockByClassTextBlock_69B57AA953C8BDEB56C8454BA0D38B81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Class of Treasury Stock [Table Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTreasuryStockByClassTextBlock" xlink:label="loc_us-gaap_ScheduleOfTreasuryStockByClassTextBlock_69B57AA953C8BDEB56C8454BA0D38B81" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_3983D88C4A0FB93B58A0454BA0D3578D_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_3983D88C4A0FB93B58A0454BA0D3578D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Accumulated Other Comprehensive Income (Loss) </link:label>

<link:label id="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_3983D88C4A0FB93B58A0454BA0D3578D_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_3983D88C4A0FB93B58A0454BA0D3578D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] </link:label>

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<link:label id="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock_AC55EC6FF17C3ECF024B454BA0D394A6_terseLabel_en-US" xlink:label="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock_AC55EC6FF17C3ECF024B454BA0D394A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Reclassifications Out of AOCI </link:label>

<link:label id="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock_AC55EC6FF17C3ECF024B454BA0D394A6_label_en-US" xlink:label="lab_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock_AC55EC6FF17C3ECF024B454BA0D394A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Reclassification out of Accumulated Other Comprehensive Income [Table Text Block] </link:label>

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<link:label id="lab_stt_ScheduleOfAvailableForSaleAndHeldToMaturitySecuritiesTable_E2330B8AD3D1F9331D0A454BA1773451_label_en-US" xlink:label="lab_stt_ScheduleOfAvailableForSaleAndHeldToMaturitySecuritiesTable_E2330B8AD3D1F9331D0A454BA1773451" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Available-For-Sale and Held-To-Maturity-Securities [Table] </link:label>

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<link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_D1BDC89795404867E3ED454BA178ACF0_terseLabel_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_D1BDC89795404867E3ED454BA178ACF0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Major Types of Debt and Equity Securities [Axis] </link:label>

<link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_D1BDC89795404867E3ED454BA178ACF0_label_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_D1BDC89795404867E3ED454BA178ACF0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Major Types of Debt and Equity Securities [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="loc_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_D1BDC89795404867E3ED454BA178ACF0" xlink:type="locator"/>

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<link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_C87D94499FDC4A035845454BA178C654_label_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_C87D94499FDC4A035845454BA178C654" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Major Types of Debt and Equity Securities [Domain] </link:label>

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<link:label id="lab_stt_UsTreasuryAndFederalAgenciesDirectObligationsMember_FD4F31DBF82F5AB130AC454BA1787047_terseLabel_en-US" xlink:label="lab_stt_UsTreasuryAndFederalAgenciesDirectObligationsMember_FD4F31DBF82F5AB130AC454BA1787047" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> US Treasury and federal agencies, direct obligations </link:label>

<link:label id="lab_stt_UsTreasuryAndFederalAgenciesDirectObligationsMember_FD4F31DBF82F5AB130AC454BA1787047_label_en-US" xlink:label="lab_stt_UsTreasuryAndFederalAgenciesDirectObligationsMember_FD4F31DBF82F5AB130AC454BA1787047" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> US Treasury and Federal Agencies, Direct Obligations [Member] </link:label>

<link:label id="lab_stt_UsTreasuryAndFederalAgenciesDirectObligationsMember_FD4F31DBF82F5AB130AC454BA1787047_documentation_en-US" xlink:label="lab_stt_UsTreasuryAndFederalAgenciesDirectObligationsMember_FD4F31DBF82F5AB130AC454BA1787047" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> US Treasury and Federal Agencies, Direct Obligations [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_UsTreasuryAndFederalAgenciesDirectObligationsMember" xlink:label="loc_stt_UsTreasuryAndFederalAgenciesDirectObligationsMember_FD4F31DBF82F5AB130AC454BA1787047" xlink:type="locator"/>

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<link:label id="lab_stt_UsTreasuryAndFederalAgenciesMortgageBackedSecuritiesMember_38AE95F7755E335FB442454BA1783F2D_terseLabel_en-US" xlink:label="lab_stt_UsTreasuryAndFederalAgenciesMortgageBackedSecuritiesMember_38AE95F7755E335FB442454BA1783F2D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> US Treasury and federal agencies, mortgage-backed securities </link:label>

<link:label id="lab_stt_UsTreasuryAndFederalAgenciesMortgageBackedSecuritiesMember_38AE95F7755E335FB442454BA1783F2D_label_en-US" xlink:label="lab_stt_UsTreasuryAndFederalAgenciesMortgageBackedSecuritiesMember_38AE95F7755E335FB442454BA1783F2D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> US Treasury and Federal Agencies, Mortgage-backed Securities [Member] </link:label>

<link:label id="lab_stt_UsTreasuryAndFederalAgenciesMortgageBackedSecuritiesMember_38AE95F7755E335FB442454BA1783F2D_documentation_en-US" xlink:label="lab_stt_UsTreasuryAndFederalAgenciesMortgageBackedSecuritiesMember_38AE95F7755E335FB442454BA1783F2D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> US Treasury and Federal Agencies, Mortgage-backed Securities [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_UsTreasuryAndFederalAgenciesMortgageBackedSecuritiesMember" xlink:label="loc_stt_UsTreasuryAndFederalAgenciesMortgageBackedSecuritiesMember_38AE95F7755E335FB442454BA1783F2D" xlink:type="locator"/>

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<link:label id="lab_stt_AssetBackedSecuritiesStudentLoansMember_81F6ADFE2EEDFB531769454BA178E44B_terseLabel_en-US" xlink:label="lab_stt_AssetBackedSecuritiesStudentLoansMember_81F6ADFE2EEDFB531769454BA178E44B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Asset-backed securities, student loans </link:label>

<link:label id="lab_stt_AssetBackedSecuritiesStudentLoansMember_81F6ADFE2EEDFB531769454BA178E44B_label_en-US" xlink:label="lab_stt_AssetBackedSecuritiesStudentLoansMember_81F6ADFE2EEDFB531769454BA178E44B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Asset-backed Securities, Student Loans [Member] </link:label>

<link:label id="lab_stt_AssetBackedSecuritiesStudentLoansMember_81F6ADFE2EEDFB531769454BA178E44B_documentation_en-US" xlink:label="lab_stt_AssetBackedSecuritiesStudentLoansMember_81F6ADFE2EEDFB531769454BA178E44B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Asset-backed Securities, Student Loans [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_AssetBackedSecuritiesStudentLoansMember" xlink:label="loc_stt_AssetBackedSecuritiesStudentLoansMember_81F6ADFE2EEDFB531769454BA178E44B" xlink:type="locator"/>

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<link:label id="lab_stt_AssetBackedSecuritiesCreditCardsMember_024F79C7234F1DDA037B454BA1789C56_terseLabel_en-US" xlink:label="lab_stt_AssetBackedSecuritiesCreditCardsMember_024F79C7234F1DDA037B454BA1789C56" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Asset-backed securities, credit cards </link:label>

<link:label id="lab_stt_AssetBackedSecuritiesCreditCardsMember_024F79C7234F1DDA037B454BA1789C56_label_en-US" xlink:label="lab_stt_AssetBackedSecuritiesCreditCardsMember_024F79C7234F1DDA037B454BA1789C56" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Asset-backed Securities, Credit Cards [Member] </link:label>

<link:label id="lab_stt_AssetBackedSecuritiesCreditCardsMember_024F79C7234F1DDA037B454BA1789C56_documentation_en-US" xlink:label="lab_stt_AssetBackedSecuritiesCreditCardsMember_024F79C7234F1DDA037B454BA1789C56" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Asset-backed Securities, Credit Cards [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_AssetBackedSecuritiesCreditCardsMember" xlink:label="loc_stt_AssetBackedSecuritiesCreditCardsMember_024F79C7234F1DDA037B454BA1789C56" xlink:type="locator"/>

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<link:label id="lab_stt_AssetBackedSecuritiesSubPrimeMember_267D274BB1124D68620F454BA1786BD3_terseLabel_en-US" xlink:label="lab_stt_AssetBackedSecuritiesSubPrimeMember_267D274BB1124D68620F454BA1786BD3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Asset-backed securities, sub-prime </link:label>

<link:label id="lab_stt_AssetBackedSecuritiesSubPrimeMember_267D274BB1124D68620F454BA1786BD3_label_en-US" xlink:label="lab_stt_AssetBackedSecuritiesSubPrimeMember_267D274BB1124D68620F454BA1786BD3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Asset-backed Securities, Sub-prime [Member] </link:label>

<link:label id="lab_stt_AssetBackedSecuritiesSubPrimeMember_267D274BB1124D68620F454BA1786BD3_documentation_en-US" xlink:label="lab_stt_AssetBackedSecuritiesSubPrimeMember_267D274BB1124D68620F454BA1786BD3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Asset-backed Securities, Sub-prime [Member] </link:label>

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<link:label id="lab_stt_AssetBackedSecuritiesOtherMember_05A012559298B6CE18AB454BA178BD18_terseLabel_en-US" xlink:label="lab_stt_AssetBackedSecuritiesOtherMember_05A012559298B6CE18AB454BA178BD18" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Asset-backed securities, other </link:label>

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<link:label id="lab_stt_AssetBackedSecuritiesOtherMember_05A012559298B6CE18AB454BA178BD18_documentation_en-US" xlink:label="lab_stt_AssetBackedSecuritiesOtherMember_05A012559298B6CE18AB454BA178BD18" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Asset-backed Securities, Other [Member] </link:label>

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<link:label id="lab_us-gaap_AssetBackedSecuritiesMember_076B78D7034DE4D79B55454BA17827B5_label_en-US" xlink:label="lab_us-gaap_AssetBackedSecuritiesMember_076B78D7034DE4D79B55454BA17827B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Asset-backed Securities [Member] </link:label>

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<link:label id="lab_stt_NonUsDebtSecuritiesMortgageBackedSecuritiesMember_E1E133A58289A13DE812454BA1790501_terseLabel_en-US" xlink:label="lab_stt_NonUsDebtSecuritiesMortgageBackedSecuritiesMember_E1E133A58289A13DE812454BA1790501" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-U.S. debt securities, mortgage-backed securities </link:label>

<link:label id="lab_stt_NonUsDebtSecuritiesMortgageBackedSecuritiesMember_E1E133A58289A13DE812454BA1790501_label_en-US" xlink:label="lab_stt_NonUsDebtSecuritiesMortgageBackedSecuritiesMember_E1E133A58289A13DE812454BA1790501" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non-US Debt Securities, Mortgage-Backed Securities [Member] </link:label>

<link:label id="lab_stt_NonUsDebtSecuritiesMortgageBackedSecuritiesMember_E1E133A58289A13DE812454BA1790501_documentation_en-US" xlink:label="lab_stt_NonUsDebtSecuritiesMortgageBackedSecuritiesMember_E1E133A58289A13DE812454BA1790501" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non-US Debt Securities, Mortgage-Backed Securities [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_NonUsDebtSecuritiesMortgageBackedSecuritiesMember" xlink:label="loc_stt_NonUsDebtSecuritiesMortgageBackedSecuritiesMember_E1E133A58289A13DE812454BA1790501" xlink:type="locator"/>

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<link:label id="lab_stt_NonUsDebtSecuritiesAssetBackedSecuritiesMember_FBEB33B040F778A314EF454BA179FDE9_label_en-US" xlink:label="lab_stt_NonUsDebtSecuritiesAssetBackedSecuritiesMember_FBEB33B040F778A314EF454BA179FDE9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non-US Debt Securities, Asset-Backed Securities [Member] </link:label>

<link:label id="lab_stt_NonUsDebtSecuritiesAssetBackedSecuritiesMember_FBEB33B040F778A314EF454BA179FDE9_documentation_en-US" xlink:label="lab_stt_NonUsDebtSecuritiesAssetBackedSecuritiesMember_FBEB33B040F778A314EF454BA179FDE9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non-US Debt Securities, Asset-Backed Securities [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_NonUsDebtSecuritiesAssetBackedSecuritiesMember" xlink:label="loc_stt_NonUsDebtSecuritiesAssetBackedSecuritiesMember_FBEB33B040F778A314EF454BA179FDE9" xlink:type="locator"/>

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<link:label id="lab_stt_NonUsDebtSecuritiesGovernmentSecuritiesMember_03F44EC501C02B9D63F8454BA1798DFC_verboseLabel_en-US" xlink:label="lab_stt_NonUsDebtSecuritiesGovernmentSecuritiesMember_03F44EC501C02B9D63F8454BA1798DFC" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Non-U.S. debt securities, Government securities </link:label>

<link:label id="lab_stt_NonUsDebtSecuritiesGovernmentSecuritiesMember_03F44EC501C02B9D63F8454BA1798DFC_label_en-US" xlink:label="lab_stt_NonUsDebtSecuritiesGovernmentSecuritiesMember_03F44EC501C02B9D63F8454BA1798DFC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non-US Debt Securities, Government Securities [Member] </link:label>

<link:label id="lab_stt_NonUsDebtSecuritiesGovernmentSecuritiesMember_03F44EC501C02B9D63F8454BA1798DFC_documentation_en-US" xlink:label="lab_stt_NonUsDebtSecuritiesGovernmentSecuritiesMember_03F44EC501C02B9D63F8454BA1798DFC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non-US Debt Securities, Government Securities [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_NonUsDebtSecuritiesGovernmentSecuritiesMember" xlink:label="loc_stt_NonUsDebtSecuritiesGovernmentSecuritiesMember_03F44EC501C02B9D63F8454BA1798DFC" xlink:type="locator"/>

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<link:label id="lab_stt_NonUsDebtSecuritiesOtherMember_F26E65F95C29D0A3FC13454BA1798E0E_terseLabel_en-US" xlink:label="lab_stt_NonUsDebtSecuritiesOtherMember_F26E65F95C29D0A3FC13454BA1798E0E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-U.S. debt securities, other </link:label>

<link:label id="lab_stt_NonUsDebtSecuritiesOtherMember_F26E65F95C29D0A3FC13454BA1798E0E_label_en-US" xlink:label="lab_stt_NonUsDebtSecuritiesOtherMember_F26E65F95C29D0A3FC13454BA1798E0E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non-US Debt Securities, Other [Member] </link:label>

<link:label id="lab_stt_NonUsDebtSecuritiesOtherMember_F26E65F95C29D0A3FC13454BA1798E0E_documentation_en-US" xlink:label="lab_stt_NonUsDebtSecuritiesOtherMember_F26E65F95C29D0A3FC13454BA1798E0E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non-US Debt Securities, Other [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_NonUsDebtSecuritiesOtherMember" xlink:label="loc_stt_NonUsDebtSecuritiesOtherMember_F26E65F95C29D0A3FC13454BA1798E0E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_NonUsDebtSecuritiesOtherMember_F26E65F95C29D0A3FC13454BA1798E0E" xlink:to="lab_stt_NonUsDebtSecuritiesOtherMember_F26E65F95C29D0A3FC13454BA1798E0E" xlink:type="arc"/>

<link:label id="lab_stt_NonUSDebtSecuritiesMember_BEE11700F028B96FF157454BA179CBEC_verboseLabel_en-US" xlink:label="lab_stt_NonUSDebtSecuritiesMember_BEE11700F028B96FF157454BA179CBEC" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Total non-U.S. debt securities </link:label>

<link:label id="lab_stt_NonUSDebtSecuritiesMember_BEE11700F028B96FF157454BA179CBEC_label_en-US" xlink:label="lab_stt_NonUSDebtSecuritiesMember_BEE11700F028B96FF157454BA179CBEC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non U S Debt Securities [Member] </link:label>

<link:label id="lab_stt_NonUSDebtSecuritiesMember_BEE11700F028B96FF157454BA179CBEC_documentation_en-US" xlink:label="lab_stt_NonUSDebtSecuritiesMember_BEE11700F028B96FF157454BA179CBEC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non-U.S. debt securities [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_NonUSDebtSecuritiesMember" xlink:label="loc_stt_NonUSDebtSecuritiesMember_BEE11700F028B96FF157454BA179CBEC" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_NonUSDebtSecuritiesMember_BEE11700F028B96FF157454BA179CBEC" xlink:to="lab_stt_NonUSDebtSecuritiesMember_BEE11700F028B96FF157454BA179CBEC" xlink:type="arc"/>

<link:label id="lab_us-gaap_USStatesAndPoliticalSubdivisionsMember_9F493AC81E98EB1CDEBF454BA1796E9E_verboseLabel_en-US" xlink:label="lab_us-gaap_USStatesAndPoliticalSubdivisionsMember_9F493AC81E98EB1CDEBF454BA1796E9E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> State and political subdivisions </link:label>

<link:label id="lab_us-gaap_USStatesAndPoliticalSubdivisionsMember_9F493AC81E98EB1CDEBF454BA1796E9E_label_en-US" xlink:label="lab_us-gaap_USStatesAndPoliticalSubdivisionsMember_9F493AC81E98EB1CDEBF454BA1796E9E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> US States and Political Subdivisions Debt Securities [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="loc_us-gaap_USStatesAndPoliticalSubdivisionsMember_9F493AC81E98EB1CDEBF454BA1796E9E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_USStatesAndPoliticalSubdivisionsMember_9F493AC81E98EB1CDEBF454BA1796E9E" xlink:to="lab_us-gaap_USStatesAndPoliticalSubdivisionsMember_9F493AC81E98EB1CDEBF454BA1796E9E" xlink:type="arc"/>

<link:label id="lab_us-gaap_CollateralizedMortgageObligationsMember_5B576288C6ABD66DD38C454BA179F733_terseLabel_en-US" xlink:label="lab_us-gaap_CollateralizedMortgageObligationsMember_5B576288C6ABD66DD38C454BA179F733" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Collateralized mortgage obligations </link:label>

<link:label id="lab_us-gaap_CollateralizedMortgageObligationsMember_5B576288C6ABD66DD38C454BA179F733_label_en-US" xlink:label="lab_us-gaap_CollateralizedMortgageObligationsMember_5B576288C6ABD66DD38C454BA179F733" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collateralized Mortgage Obligations [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedMortgageObligationsMember" xlink:label="loc_us-gaap_CollateralizedMortgageObligationsMember_5B576288C6ABD66DD38C454BA179F733" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CollateralizedMortgageObligationsMember_5B576288C6ABD66DD38C454BA179F733" xlink:to="lab_us-gaap_CollateralizedMortgageObligationsMember_5B576288C6ABD66DD38C454BA179F733" xlink:type="arc"/>

<link:label id="lab_us-gaap_OtherDebtSecuritiesMember_9FAF32B12F00499E5B54454BA179740E_terseLabel_en-US" xlink:label="lab_us-gaap_OtherDebtSecuritiesMember_9FAF32B12F00499E5B54454BA179740E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other U.S. debt securities </link:label>

<link:label id="lab_us-gaap_OtherDebtSecuritiesMember_9FAF32B12F00499E5B54454BA179740E_label_en-US" xlink:label="lab_us-gaap_OtherDebtSecuritiesMember_9FAF32B12F00499E5B54454BA179740E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Debt Obligations [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherDebtSecuritiesMember" xlink:label="loc_us-gaap_OtherDebtSecuritiesMember_9FAF32B12F00499E5B54454BA179740E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherDebtSecuritiesMember_9FAF32B12F00499E5B54454BA179740E" xlink:to="lab_us-gaap_OtherDebtSecuritiesMember_9FAF32B12F00499E5B54454BA179740E" xlink:type="arc"/>

<link:label id="lab_us-gaap_EquitySecuritiesMember_153F3AEBBF6CCC2818F3454BA179EDB4_terseLabel_en-US" xlink:label="lab_us-gaap_EquitySecuritiesMember_153F3AEBBF6CCC2818F3454BA179EDB4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> U.S. equity securities </link:label>

<link:label id="lab_us-gaap_EquitySecuritiesMember_153F3AEBBF6CCC2818F3454BA179EDB4_label_en-US" xlink:label="lab_us-gaap_EquitySecuritiesMember_153F3AEBBF6CCC2818F3454BA179EDB4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Securities [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquitySecuritiesMember" xlink:label="loc_us-gaap_EquitySecuritiesMember_153F3AEBBF6CCC2818F3454BA179EDB4" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquitySecuritiesMember_153F3AEBBF6CCC2818F3454BA179EDB4" xlink:to="lab_us-gaap_EquitySecuritiesMember_153F3AEBBF6CCC2818F3454BA179EDB4" xlink:type="arc"/>

<link:label id="lab_stt_NonUSEquitySecuritiesMember_16AB3CAF84904FFDEB20454BA179674A_verboseLabel_en-US" xlink:label="lab_stt_NonUSEquitySecuritiesMember_16AB3CAF84904FFDEB20454BA179674A" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Non-U.S. equity securities </link:label>

<link:label id="lab_stt_NonUSEquitySecuritiesMember_16AB3CAF84904FFDEB20454BA179674A_label_en-US" xlink:label="lab_stt_NonUSEquitySecuritiesMember_16AB3CAF84904FFDEB20454BA179674A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non U S Equity Securities [Member] </link:label>

<link:label id="lab_stt_NonUSEquitySecuritiesMember_16AB3CAF84904FFDEB20454BA179674A_documentation_en-US" xlink:label="lab_stt_NonUSEquitySecuritiesMember_16AB3CAF84904FFDEB20454BA179674A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non U S Equity Securities [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_NonUSEquitySecuritiesMember" xlink:label="loc_stt_NonUSEquitySecuritiesMember_16AB3CAF84904FFDEB20454BA179674A" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_NonUSEquitySecuritiesMember_16AB3CAF84904FFDEB20454BA179674A" xlink:to="lab_stt_NonUSEquitySecuritiesMember_16AB3CAF84904FFDEB20454BA179674A" xlink:type="arc"/>

<link:label id="lab_stt_MoneyMarketMutualFundsMember_AEF56A8F195384303D87454BA17908E1_terseLabel_en-US" xlink:label="lab_stt_MoneyMarketMutualFundsMember_AEF56A8F195384303D87454BA17908E1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> U.S. money-market mutual funds </link:label>

<link:label id="lab_stt_MoneyMarketMutualFundsMember_AEF56A8F195384303D87454BA17908E1_label_en-US" xlink:label="lab_stt_MoneyMarketMutualFundsMember_AEF56A8F195384303D87454BA17908E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Money Market Mutual Funds [Member] </link:label>

<link:label id="lab_stt_MoneyMarketMutualFundsMember_AEF56A8F195384303D87454BA17908E1_documentation_en-US" xlink:label="lab_stt_MoneyMarketMutualFundsMember_AEF56A8F195384303D87454BA17908E1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Money Market Mutual Funds [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_MoneyMarketMutualFundsMember" xlink:label="loc_stt_MoneyMarketMutualFundsMember_AEF56A8F195384303D87454BA17908E1" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_MoneyMarketMutualFundsMember_AEF56A8F195384303D87454BA17908E1" xlink:to="lab_stt_MoneyMarketMutualFundsMember_AEF56A8F195384303D87454BA17908E1" xlink:type="arc"/>

<link:label id="lab_stt_NonU.S.MoneyMarketMutualFundsMember_E438189698C5F6BDF442454BA17A7E1D_terseLabel_en-US" xlink:label="lab_stt_NonU.S.MoneyMarketMutualFundsMember_E438189698C5F6BDF442454BA17A7E1D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-U.S. money-market mutual funds </link:label>

<link:label id="lab_stt_NonU.S.MoneyMarketMutualFundsMember_E438189698C5F6BDF442454BA17A7E1D_label_en-US" xlink:label="lab_stt_NonU.S.MoneyMarketMutualFundsMember_E438189698C5F6BDF442454BA17A7E1D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non-U.S. Money Market Mutual Funds [Member] </link:label>

<link:label id="lab_stt_NonU.S.MoneyMarketMutualFundsMember_E438189698C5F6BDF442454BA17A7E1D_documentation_en-US" xlink:label="lab_stt_NonU.S.MoneyMarketMutualFundsMember_E438189698C5F6BDF442454BA17A7E1D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non-U.S. Money Market Mutual Funds [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_NonU.S.MoneyMarketMutualFundsMember" xlink:label="loc_stt_NonU.S.MoneyMarketMutualFundsMember_E438189698C5F6BDF442454BA17A7E1D" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_NonU.S.MoneyMarketMutualFundsMember_E438189698C5F6BDF442454BA17A7E1D" xlink:to="lab_stt_NonU.S.MoneyMarketMutualFundsMember_E438189698C5F6BDF442454BA17A7E1D" xlink:type="arc"/>

<link:label id="lab_stt_FederalFamilyEducationLoanProgramMember_04117AA760AAF8CFFDF8454BA17A6B3C_terseLabel_en-US" xlink:label="lab_stt_FederalFamilyEducationLoanProgramMember_04117AA760AAF8CFFDF8454BA17A6B3C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal family education loan program </link:label>

<link:label id="lab_stt_FederalFamilyEducationLoanProgramMember_04117AA760AAF8CFFDF8454BA17A6B3C_label_en-US" xlink:label="lab_stt_FederalFamilyEducationLoanProgramMember_04117AA760AAF8CFFDF8454BA17A6B3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Federal Family Education Loan Program [Member] </link:label>

<link:label id="lab_stt_FederalFamilyEducationLoanProgramMember_04117AA760AAF8CFFDF8454BA17A6B3C_documentation_en-US" xlink:label="lab_stt_FederalFamilyEducationLoanProgramMember_04117AA760AAF8CFFDF8454BA17A6B3C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Federal Family Education Loan Program [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_FederalFamilyEducationLoanProgramMember" xlink:label="loc_stt_FederalFamilyEducationLoanProgramMember_04117AA760AAF8CFFDF8454BA17A6B3C" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_FederalFamilyEducationLoanProgramMember_04117AA760AAF8CFFDF8454BA17A6B3C" xlink:to="lab_stt_FederalFamilyEducationLoanProgramMember_04117AA760AAF8CFFDF8454BA17A6B3C" xlink:type="arc"/>

<link:label id="lab_us-gaap_CollateralizedLoanObligationsMember_1DC450FA7C9E9D6F243C454BA17A55CB_terseLabel_en-US" xlink:label="lab_us-gaap_CollateralizedLoanObligationsMember_1DC450FA7C9E9D6F243C454BA17A55CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Collateralized loan obligations </link:label>

<link:label id="lab_us-gaap_CollateralizedLoanObligationsMember_1DC450FA7C9E9D6F243C454BA17A55CB_label_en-US" xlink:label="lab_us-gaap_CollateralizedLoanObligationsMember_1DC450FA7C9E9D6F243C454BA17A55CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collateralized Loan Obligations [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedLoanObligationsMember" xlink:label="loc_us-gaap_CollateralizedLoanObligationsMember_1DC450FA7C9E9D6F243C454BA17A55CB" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CollateralizedLoanObligationsMember_1DC450FA7C9E9D6F243C454BA17A55CB" xlink:to="lab_us-gaap_CollateralizedLoanObligationsMember_1DC450FA7C9E9D6F243C454BA17A55CB" xlink:type="arc"/>

<link:label id="lab_stt_NonUSDebtSecuritiesCoveredBondsMember_5E67BC15319BFCB9172C454BA17A8A48_terseLabel_en-US" xlink:label="lab_stt_NonUSDebtSecuritiesCoveredBondsMember_5E67BC15319BFCB9172C454BA17A8A48" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-US debt securities, covered bonds </link:label>

<link:label id="lab_stt_NonUSDebtSecuritiesCoveredBondsMember_5E67BC15319BFCB9172C454BA17A8A48_label_en-US" xlink:label="lab_stt_NonUSDebtSecuritiesCoveredBondsMember_5E67BC15319BFCB9172C454BA17A8A48" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non-US Debt Securities, Covered Bonds [Member] </link:label>

<link:label id="lab_stt_NonUSDebtSecuritiesCoveredBondsMember_5E67BC15319BFCB9172C454BA17A8A48_documentation_en-US" xlink:label="lab_stt_NonUSDebtSecuritiesCoveredBondsMember_5E67BC15319BFCB9172C454BA17A8A48" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non-US Debt Securities, Covered Bonds [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_NonUSDebtSecuritiesCoveredBondsMember" xlink:label="loc_stt_NonUSDebtSecuritiesCoveredBondsMember_5E67BC15319BFCB9172C454BA17A8A48" xlink:type="locator"/>

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<link:label id="lab_stt_NonUSDebtSecuritiesCorporateBondsMember_24DAE838B79173093917454BA17ABB8C_terseLabel_en-US" xlink:label="lab_stt_NonUSDebtSecuritiesCorporateBondsMember_24DAE838B79173093917454BA17ABB8C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-U.S. debt securities, other </link:label>

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<link:label id="lab_us-gaap_OffsettingAbstract_30C1B0CBC7AF6FA9BC5B454BA1E7BEC2_label_en-US" xlink:label="lab_us-gaap_OffsettingAbstract_30C1B0CBC7AF6FA9BC5B454BA1E7BEC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Offsetting [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OffsettingAbstract" xlink:label="loc_us-gaap_OffsettingAbstract_30C1B0CBC7AF6FA9BC5B454BA1E7BEC2" xlink:type="locator"/>

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<link:label id="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged_FBAD592E1E16E7B88236454BA1E75DD2_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged_FBAD592E1E16E7B88236454BA1E75DD2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value of securities received as collateral that can be resold or repledged </link:label>

<link:label id="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged_FBAD592E1E16E7B88236454BA1E75DD2_label_en-US" xlink:label="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged_FBAD592E1E16E7B88236454BA1E75DD2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value of Securities Received as Collateral that Can be Resold or Repledged </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged" xlink:label="loc_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged_FBAD592E1E16E7B88236454BA1E75DD2" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged_FBAD592E1E16E7B88236454BA1E75DD2" xlink:to="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged_FBAD592E1E16E7B88236454BA1E75DD2" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged_A12E1350FF84C468A6D6454BA1E7481F_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged_A12E1350FF84C468A6D6454BA1E7481F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value of securities received as collateral that have been resold or repledged </link:label>

<link:label id="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged_A12E1350FF84C468A6D6454BA1E7481F_label_en-US" xlink:label="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged_A12E1350FF84C468A6D6454BA1E7481F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value of Securities Received as Collateral that Have Been Resold or Repledged </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged" xlink:label="loc_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged_A12E1350FF84C468A6D6454BA1E7481F" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged_A12E1350FF84C468A6D6454BA1E7481F" xlink:to="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged_A12E1350FF84C468A6D6454BA1E7481F" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_AA5BFF823F66284EDA85582ECBCCA58F_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_AA5BFF823F66284EDA85582ECBCCA58F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Instruments, Gain (Loss) by Hedging Relationship, by Income Statement Location, by Derivative Instrument Risk [Table] </link:label>

<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_AA5BFF823F66284EDA85582ECBCCA58F_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_AA5BFF823F66284EDA85582ECBCCA58F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instruments, Gain (Loss) [Table] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_AA5BFF823F66284EDA85582ECBCCA58F" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_AA5BFF823F66284EDA85582ECBCCA58F" xlink:to="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_AA5BFF823F66284EDA85582ECBCCA58F" xlink:type="arc"/>

<link:label id="lab_stt_CreditDerivativeContractsMember_6B4A0099585536464140582ECBCDB967_terseLabel_en-US" xlink:label="lab_stt_CreditDerivativeContractsMember_6B4A0099585536464140582ECBCDB967" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit derivative contracts </link:label>

<link:label id="lab_stt_CreditDerivativeContractsMember_6B4A0099585536464140582ECBCDB967_label_en-US" xlink:label="lab_stt_CreditDerivativeContractsMember_6B4A0099585536464140582ECBCDB967" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Derivative Contracts [Member] </link:label>

<link:label id="lab_stt_CreditDerivativeContractsMember_6B4A0099585536464140582ECBCDB967_documentation_en-US" xlink:label="lab_stt_CreditDerivativeContractsMember_6B4A0099585536464140582ECBCDB967" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Credit Derivative Contracts [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_CreditDerivativeContractsMember" xlink:label="loc_stt_CreditDerivativeContractsMember_6B4A0099585536464140582ECBCDB967" xlink:type="locator"/>

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<link:label id="lab_us-gaap_OtherContractMember_5FE731FDBADF077AB842582ECBCD8621_terseLabel_en-US" xlink:label="lab_us-gaap_OtherContractMember_5FE731FDBADF077AB842582ECBCD8621" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other contracts </link:label>

<link:label id="lab_us-gaap_OtherContractMember_5FE731FDBADF077AB842582ECBCD8621_label_en-US" xlink:label="lab_us-gaap_OtherContractMember_5FE731FDBADF077AB842582ECBCD8621" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Contract [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherContractMember" xlink:label="loc_us-gaap_OtherContractMember_5FE731FDBADF077AB842582ECBCD8621" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherContractMember_5FE731FDBADF077AB842582ECBCD8621" xlink:to="lab_us-gaap_OtherContractMember_5FE731FDBADF077AB842582ECBCD8621" xlink:type="arc"/>

<link:label id="lab_us-gaap_FutureMember_C9EEB4030A8411149C3A582ECBCDD7E1_terseLabel_en-US" xlink:label="lab_us-gaap_FutureMember_C9EEB4030A8411149C3A582ECBCDD7E1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Futures </link:label>

<link:label id="lab_us-gaap_FutureMember_C9EEB4030A8411149C3A582ECBCDD7E1_label_en-US" xlink:label="lab_us-gaap_FutureMember_C9EEB4030A8411149C3A582ECBCDD7E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Future [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FutureMember" xlink:label="loc_us-gaap_FutureMember_C9EEB4030A8411149C3A582ECBCDD7E1" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FutureMember_C9EEB4030A8411149C3A582ECBCDD7E1" xlink:to="lab_us-gaap_FutureMember_C9EEB4030A8411149C3A582ECBCDD7E1" xlink:type="arc"/>

<link:label id="lab_stt_ForwardSwapAndSpotMember_9E600644E2460739EFF2582ECBCD4F6D_terseLabel_en-US" xlink:label="lab_stt_ForwardSwapAndSpotMember_9E600644E2460739EFF2582ECBCD4F6D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Forward, swap and spot </link:label>

<link:label id="lab_stt_ForwardSwapAndSpotMember_9E600644E2460739EFF2582ECBCD4F6D_label_en-US" xlink:label="lab_stt_ForwardSwapAndSpotMember_9E600644E2460739EFF2582ECBCD4F6D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Forward Swap And Spot [Member] </link:label>

<link:label id="lab_stt_ForwardSwapAndSpotMember_9E600644E2460739EFF2582ECBCD4F6D_documentation_en-US" xlink:label="lab_stt_ForwardSwapAndSpotMember_9E600644E2460739EFF2582ECBCD4F6D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Forward, Swap And Spot [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_ForwardSwapAndSpotMember" xlink:label="loc_stt_ForwardSwapAndSpotMember_9E600644E2460739EFF2582ECBCD4F6D" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_ForwardSwapAndSpotMember_9E600644E2460739EFF2582ECBCD4F6D" xlink:to="lab_stt_ForwardSwapAndSpotMember_9E600644E2460739EFF2582ECBCD4F6D" xlink:type="arc"/>

<link:label id="lab_stt_OptionsPurchasedMember_F6D1C71CE3CC13B4F985582ECBCDF0F6_terseLabel_en-US" xlink:label="lab_stt_OptionsPurchasedMember_F6D1C71CE3CC13B4F985582ECBCDF0F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Options purchased </link:label>

<link:label id="lab_stt_OptionsPurchasedMember_F6D1C71CE3CC13B4F985582ECBCDF0F6_label_en-US" xlink:label="lab_stt_OptionsPurchasedMember_F6D1C71CE3CC13B4F985582ECBCDF0F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Options Purchased [Member] </link:label>

<link:label id="lab_stt_OptionsPurchasedMember_F6D1C71CE3CC13B4F985582ECBCDF0F6_documentation_en-US" xlink:label="lab_stt_OptionsPurchasedMember_F6D1C71CE3CC13B4F985582ECBCDF0F6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Options Purchased [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_OptionsPurchasedMember" xlink:label="loc_stt_OptionsPurchasedMember_F6D1C71CE3CC13B4F985582ECBCDF0F6" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_OptionsPurchasedMember_F6D1C71CE3CC13B4F985582ECBCDF0F6" xlink:to="lab_stt_OptionsPurchasedMember_F6D1C71CE3CC13B4F985582ECBCDF0F6" xlink:type="arc"/>

<link:label id="lab_stt_OptionsWrittenMember_407A2B4EFABE997ED7FE582ECBCE5A6F_terseLabel_en-US" xlink:label="lab_stt_OptionsWrittenMember_407A2B4EFABE997ED7FE582ECBCE5A6F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Options written </link:label>

<link:label id="lab_stt_OptionsWrittenMember_407A2B4EFABE997ED7FE582ECBCE5A6F_label_en-US" xlink:label="lab_stt_OptionsWrittenMember_407A2B4EFABE997ED7FE582ECBCE5A6F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Options Written [Member] </link:label>

<link:label id="lab_stt_OptionsWrittenMember_407A2B4EFABE997ED7FE582ECBCE5A6F_documentation_en-US" xlink:label="lab_stt_OptionsWrittenMember_407A2B4EFABE997ED7FE582ECBCE5A6F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Options Written [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_OptionsWrittenMember" xlink:label="loc_stt_OptionsWrittenMember_407A2B4EFABE997ED7FE582ECBCE5A6F" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_OptionsWrittenMember_407A2B4EFABE997ED7FE582ECBCE5A6F" xlink:to="lab_stt_OptionsWrittenMember_407A2B4EFABE997ED7FE582ECBCE5A6F" xlink:type="arc"/>

<link:label id="lab_us-gaap_CreditDefaultSwapMember_7D18C4349B5F33B8DFC4582ECBCE55C6_terseLabel_en-US" xlink:label="lab_us-gaap_CreditDefaultSwapMember_7D18C4349B5F33B8DFC4582ECBCE55C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit swap agreements </link:label>

<link:label id="lab_us-gaap_CreditDefaultSwapMember_7D18C4349B5F33B8DFC4582ECBCE55C6_label_en-US" xlink:label="lab_us-gaap_CreditDefaultSwapMember_7D18C4349B5F33B8DFC4582ECBCE55C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Default Swap [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDefaultSwapMember" xlink:label="loc_us-gaap_CreditDefaultSwapMember_7D18C4349B5F33B8DFC4582ECBCE55C6" xlink:type="locator"/>

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<link:label id="lab_us-gaap_EquityContractMember_A2E69D6ACFBD5F1C506C582ECBD3E667_verboseLabel_en-US" xlink:label="lab_us-gaap_EquityContractMember_A2E69D6ACFBD5F1C506C582ECBD3E667" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Equity </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityContractMember" xlink:label="loc_us-gaap_EquityContractMember_A2E69D6ACFBD5F1C506C582ECBD3E667" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityContractMember_A2E69D6ACFBD5F1C506C582ECBD3E667" xlink:to="lab_us-gaap_EquityContractMember_A2E69D6ACFBD5F1C506C582ECBD3E667" xlink:type="arc"/>

<link:label id="lab_stt_StableValueContractsMember_C766496DB2D669208922582ECBD38D4B_terseLabel_en-US" xlink:label="lab_stt_StableValueContractsMember_C766496DB2D669208922582ECBD38D4B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stable value contracts </link:label>

<link:label id="lab_stt_StableValueContractsMember_C766496DB2D669208922582ECBD38D4B_label_en-US" xlink:label="lab_stt_StableValueContractsMember_C766496DB2D669208922582ECBD38D4B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stable Value Contracts [Member] </link:label>

<link:label id="lab_stt_StableValueContractsMember_C766496DB2D669208922582ECBD38D4B_documentation_en-US" xlink:label="lab_stt_StableValueContractsMember_C766496DB2D669208922582ECBD38D4B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Stable Value Contracts [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_StableValueContractsMember" xlink:label="loc_stt_StableValueContractsMember_C766496DB2D669208922582ECBD38D4B" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_StableValueContractsMember_C766496DB2D669208922582ECBD38D4B" xlink:to="lab_stt_StableValueContractsMember_C766496DB2D669208922582ECBD38D4B" xlink:type="arc"/>

<link:label id="lab_stt_DeferredValueAwardsMember_DEE4C3A4F17767DB0617582ECBD31667_terseLabel_en-US" xlink:label="lab_stt_DeferredValueAwardsMember_DEE4C3A4F17767DB0617582ECBD31667" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred value awards </link:label>

<link:label id="lab_stt_DeferredValueAwardsMember_DEE4C3A4F17767DB0617582ECBD31667_label_en-US" xlink:label="lab_stt_DeferredValueAwardsMember_DEE4C3A4F17767DB0617582ECBD31667" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Value Awards [Member] </link:label>

<link:label id="lab_stt_DeferredValueAwardsMember_DEE4C3A4F17767DB0617582ECBD31667_documentation_en-US" xlink:label="lab_stt_DeferredValueAwardsMember_DEE4C3A4F17767DB0617582ECBD31667" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Deferred Value Awards [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_DeferredValueAwardsMember" xlink:label="loc_stt_DeferredValueAwardsMember_DEE4C3A4F17767DB0617582ECBD31667" xlink:type="locator"/>

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<link:label id="lab_us-gaap_SwapMember_108C13D12001038D7C9A582ECBD3E012_terseLabel_en-US" xlink:label="lab_us-gaap_SwapMember_108C13D12001038D7C9A582ECBD3E012" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Swap agreements </link:label>

<link:label id="lab_us-gaap_SwapMember_108C13D12001038D7C9A582ECBD3E012_label_en-US" xlink:label="lab_us-gaap_SwapMember_108C13D12001038D7C9A582ECBD3E012" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Swap [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SwapMember" xlink:label="loc_us-gaap_SwapMember_108C13D12001038D7C9A582ECBD3E012" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SwapMember_108C13D12001038D7C9A582ECBD3E012" xlink:to="lab_us-gaap_SwapMember_108C13D12001038D7C9A582ECBD3E012" xlink:type="arc"/>

<link:label id="lab_stt_ForwardsMember_4D42FA6ED6823A894889582ECBD3BFF0_terseLabel_en-US" xlink:label="lab_stt_ForwardsMember_4D42FA6ED6823A894889582ECBD3BFF0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Forward and swap </link:label>

<link:label id="lab_stt_ForwardsMember_4D42FA6ED6823A894889582ECBD3BFF0_label_en-US" xlink:label="lab_stt_ForwardsMember_4D42FA6ED6823A894889582ECBD3BFF0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Forwards [Member] </link:label>

<link:label id="lab_stt_ForwardsMember_4D42FA6ED6823A894889582ECBD3BFF0_documentation_en-US" xlink:label="lab_stt_ForwardsMember_4D42FA6ED6823A894889582ECBD3BFF0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Forwards [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_ForwardsMember" xlink:label="loc_stt_ForwardsMember_4D42FA6ED6823A894889582ECBD3BFF0" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_ForwardsMember_4D42FA6ED6823A894889582ECBD3BFF0" xlink:to="lab_stt_ForwardsMember_4D42FA6ED6823A894889582ECBD3BFF0" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossLineItems_5DA0452F6360701B596D582ECBD32DAE_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossLineItems_5DA0452F6360701B596D582ECBD32DAE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Instruments, Gain (Loss) [Line Items] </link:label>

<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossLineItems_5DA0452F6360701B596D582ECBD32DAE_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossLineItems_5DA0452F6360701B596D582ECBD32DAE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instruments, Gain (Loss) [Line Items] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossLineItems" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossLineItems_5DA0452F6360701B596D582ECBD32DAE" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsGainLossLineItems_5DA0452F6360701B596D582ECBD32DAE" xlink:to="lab_us-gaap_DerivativeInstrumentsGainLossLineItems_5DA0452F6360701B596D582ECBD32DAE" xlink:type="arc"/>

<link:label id="lab_invest_DerivativeNotionalAmount_C3A6BD5452650478D85E582ECBD33685_terseLabel_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_C3A6BD5452650478D85E582ECBD33685" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Notional amount of derivatives </link:label>

<link:label id="lab_invest_DerivativeNotionalAmount_C3A6BD5452650478D85E582ECBD33685_label_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_C3A6BD5452650478D85E582ECBD33685" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Notional Amount </link:label>

<link:loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="loc_invest_DerivativeNotionalAmount_C3A6BD5452650478D85E582ECBD33685" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_DerivativeNotionalAmount_C3A6BD5452650478D85E582ECBD33685" xlink:to="lab_invest_DerivativeNotionalAmount_C3A6BD5452650478D85E582ECBD33685" xlink:type="arc"/>

<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost_0DAC22DFF24F67DCFDFF582ECBD3D0D2_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost_0DAC22DFF24F67DCFDFF582ECBD3D0D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Additional compensation and employee benefits expense due to accelerated vesting </link:label>

<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost_0DAC22DFF24F67DCFDFF582ECBD3D0D2_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost_0DAC22DFF24F67DCFDFF582ECBD3D0D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award Accelerated Compensation Cost </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost_0DAC22DFF24F67DCFDFF582ECBD3D0D2" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost_0DAC22DFF24F67DCFDFF582ECBD3D0D2" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost_0DAC22DFF24F67DCFDFF582ECBD3D0D2" xlink:type="arc"/>

<link:label id="lab_us-gaap_AccountingPoliciesAbstract_92AC138164DE7DF06FB4454BA20790CE_label_en-US" xlink:label="lab_us-gaap_AccountingPoliciesAbstract_92AC138164DE7DF06FB4454BA20790CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounting Policies [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_92AC138164DE7DF06FB4454BA20790CE" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_92AC138164DE7DF06FB4454BA20790CE" xlink:to="lab_us-gaap_AccountingPoliciesAbstract_92AC138164DE7DF06FB4454BA20790CE" xlink:type="arc"/>

<link:label id="lab_stt_NewAccountingPronouncementsTableTextBlock_56B5EC53A1C6439F3F92454BA207A218_terseLabel_en-US" xlink:label="lab_stt_NewAccountingPronouncementsTableTextBlock_56B5EC53A1C6439F3F92454BA207A218" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Recent Accounting Developments </link:label>

<link:label id="lab_stt_NewAccountingPronouncementsTableTextBlock_56B5EC53A1C6439F3F92454BA207A218_label_en-US" xlink:label="lab_stt_NewAccountingPronouncementsTableTextBlock_56B5EC53A1C6439F3F92454BA207A218" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> New Accounting Pronouncements [Table Text Block] </link:label>

<link:label id="lab_stt_NewAccountingPronouncementsTableTextBlock_56B5EC53A1C6439F3F92454BA207A218_documentation_en-US" xlink:label="lab_stt_NewAccountingPronouncementsTableTextBlock_56B5EC53A1C6439F3F92454BA207A218" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> New Accounting Pronouncements [Table Text Block] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_NewAccountingPronouncementsTableTextBlock" xlink:label="loc_stt_NewAccountingPronouncementsTableTextBlock_56B5EC53A1C6439F3F92454BA207A218" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_NewAccountingPronouncementsTableTextBlock_56B5EC53A1C6439F3F92454BA207A218" xlink:to="lab_stt_NewAccountingPronouncementsTableTextBlock_56B5EC53A1C6439F3F92454BA207A218" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeTable_41E9DF173DA0B42A730D582EC283637B_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeTable_41E9DF173DA0B42A730D582EC283637B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative [Table] </link:label>

<link:label id="lab_us-gaap_DerivativeTable_41E9DF173DA0B42A730D582EC283637B_label_en-US" xlink:label="lab_us-gaap_DerivativeTable_41E9DF173DA0B42A730D582EC283637B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative [Table] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="loc_us-gaap_DerivativeTable_41E9DF173DA0B42A730D582EC283637B" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeTable_41E9DF173DA0B42A730D582EC283637B" xlink:to="lab_us-gaap_DerivativeTable_41E9DF173DA0B42A730D582EC283637B" xlink:type="arc"/>

<link:label id="lab_stt_OtherDerivativeContractsMember_181D020612046E864860582EC2843BFD_terseLabel_en-US" xlink:label="lab_stt_OtherDerivativeContractsMember_181D020612046E864860582EC2843BFD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other derivative contracts </link:label>

<link:label id="lab_stt_OtherDerivativeContractsMember_181D020612046E864860582EC2843BFD_label_en-US" xlink:label="lab_stt_OtherDerivativeContractsMember_181D020612046E864860582EC2843BFD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Derivative Contracts [Member] </link:label>

<link:label id="lab_stt_OtherDerivativeContractsMember_181D020612046E864860582EC2843BFD_documentation_en-US" xlink:label="lab_stt_OtherDerivativeContractsMember_181D020612046E864860582EC2843BFD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Derivative Contracts [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_OtherDerivativeContractsMember" xlink:label="loc_stt_OtherDerivativeContractsMember_181D020612046E864860582EC2843BFD" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_OtherDerivativeContractsMember_181D020612046E864860582EC2843BFD" xlink:to="lab_stt_OtherDerivativeContractsMember_181D020612046E864860582EC2843BFD" xlink:type="arc"/>

<link:label id="lab_us-gaap_IncomeStatementLocationAxis_370F20D00AE4EDE1011B582EC284652D_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationAxis_370F20D00AE4EDE1011B582EC284652D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income Statement Location [Axis] </link:label>

<link:label id="lab_us-gaap_IncomeStatementLocationAxis_370F20D00AE4EDE1011B582EC284652D_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationAxis_370F20D00AE4EDE1011B582EC284652D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Statement Location [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="loc_us-gaap_IncomeStatementLocationAxis_370F20D00AE4EDE1011B582EC284652D" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementLocationAxis_370F20D00AE4EDE1011B582EC284652D" xlink:to="lab_us-gaap_IncomeStatementLocationAxis_370F20D00AE4EDE1011B582EC284652D" xlink:type="arc"/>

<link:label id="lab_us-gaap_IncomeStatementLocationDomain_45F30B169D5308B82252582EC2840D06_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationDomain_45F30B169D5308B82252582EC2840D06" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income Statement Location [Domain] </link:label>

<link:label id="lab_us-gaap_IncomeStatementLocationDomain_45F30B169D5308B82252582EC2840D06_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationDomain_45F30B169D5308B82252582EC2840D06" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Statement Location [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="loc_us-gaap_IncomeStatementLocationDomain_45F30B169D5308B82252582EC2840D06" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementLocationDomain_45F30B169D5308B82252582EC2840D06" xlink:to="lab_us-gaap_IncomeStatementLocationDomain_45F30B169D5308B82252582EC2840D06" xlink:type="arc"/>

<link:label id="lab_stt_TradingServicesMember_FA6B86C9646965CD7DBD582EC284BD9F_terseLabel_en-US" xlink:label="lab_stt_TradingServicesMember_FA6B86C9646965CD7DBD582EC284BD9F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading services </link:label>

<link:label id="lab_stt_TradingServicesMember_FA6B86C9646965CD7DBD582EC284BD9F_label_en-US" xlink:label="lab_stt_TradingServicesMember_FA6B86C9646965CD7DBD582EC284BD9F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Services [Member] </link:label>

<link:label id="lab_stt_TradingServicesMember_FA6B86C9646965CD7DBD582EC284BD9F_documentation_en-US" xlink:label="lab_stt_TradingServicesMember_FA6B86C9646965CD7DBD582EC284BD9F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Trading services. </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_TradingServicesMember" xlink:label="loc_stt_TradingServicesMember_FA6B86C9646965CD7DBD582EC284BD9F" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_TradingServicesMember_FA6B86C9646965CD7DBD582EC284BD9F" xlink:to="lab_stt_TradingServicesMember_FA6B86C9646965CD7DBD582EC284BD9F" xlink:type="arc"/>

<link:label id="lab_stt_ProcessingFeesAndOtherRevenueMember_D40DAD52456210FDBE84582EC2847FDD_terseLabel_en-US" xlink:label="lab_stt_ProcessingFeesAndOtherRevenueMember_D40DAD52456210FDBE84582EC2847FDD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Processing fees and other revenue </link:label>

<link:label id="lab_stt_ProcessingFeesAndOtherRevenueMember_D40DAD52456210FDBE84582EC2847FDD_label_en-US" xlink:label="lab_stt_ProcessingFeesAndOtherRevenueMember_D40DAD52456210FDBE84582EC2847FDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Processing Fees And Other Revenue [Member] </link:label>

<link:label id="lab_stt_ProcessingFeesAndOtherRevenueMember_D40DAD52456210FDBE84582EC2847FDD_documentation_en-US" xlink:label="lab_stt_ProcessingFeesAndOtherRevenueMember_D40DAD52456210FDBE84582EC2847FDD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Processing fees and other revenue [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_ProcessingFeesAndOtherRevenueMember" xlink:label="loc_stt_ProcessingFeesAndOtherRevenueMember_D40DAD52456210FDBE84582EC2847FDD" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_ProcessingFeesAndOtherRevenueMember_D40DAD52456210FDBE84582EC2847FDD" xlink:to="lab_stt_ProcessingFeesAndOtherRevenueMember_D40DAD52456210FDBE84582EC2847FDD" xlink:type="arc"/>

<link:label id="lab_stt_CompensationandEmployeeBenefitsMember_02C1A345327AC1F9EF5D582EC284F6FF_terseLabel_en-US" xlink:label="lab_stt_CompensationandEmployeeBenefitsMember_02C1A345327AC1F9EF5D582EC284F6FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Compensation and employee benefits </link:label>

<link:label id="lab_stt_CompensationandEmployeeBenefitsMember_02C1A345327AC1F9EF5D582EC284F6FF_label_en-US" xlink:label="lab_stt_CompensationandEmployeeBenefitsMember_02C1A345327AC1F9EF5D582EC284F6FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Compensation and Employee Benefits [Member] </link:label>

<link:label id="lab_stt_CompensationandEmployeeBenefitsMember_02C1A345327AC1F9EF5D582EC284F6FF_documentation_en-US" xlink:label="lab_stt_CompensationandEmployeeBenefitsMember_02C1A345327AC1F9EF5D582EC284F6FF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Compensation and Employee Benefits [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_CompensationandEmployeeBenefitsMember" xlink:label="loc_stt_CompensationandEmployeeBenefitsMember_02C1A345327AC1F9EF5D582EC284F6FF" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_CompensationandEmployeeBenefitsMember_02C1A345327AC1F9EF5D582EC284F6FF" xlink:to="lab_stt_CompensationandEmployeeBenefitsMember_02C1A345327AC1F9EF5D582EC284F6FF" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeLineItems_3444071CF43481CCB393582EC28477F0_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLineItems_3444071CF43481CCB393582EC28477F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative [Line Items] </link:label>

<link:label id="lab_us-gaap_DerivativeLineItems_3444071CF43481CCB393582EC28477F0_label_en-US" xlink:label="lab_us-gaap_DerivativeLineItems_3444071CF43481CCB393582EC28477F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative [Line Items] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="loc_us-gaap_DerivativeLineItems_3444071CF43481CCB393582EC28477F0" xlink:type="locator"/>

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<link:label id="lab_us-gaap_DerivativeGainLossOnDerivativeNet_0404D88FB65A4C5E81CA582EC2846110_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeGainLossOnDerivativeNet_0404D88FB65A4C5E81CA582EC2846110" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amount of gain (loss) on derivative recognized in income </link:label>

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<link:label id="lab_stt_DerivativeAssetCollateralObligationtoReturnSecuritiesandCashOffset_D53F490B79226CBB066C5830A794E35E_label_en-US" xlink:label="lab_stt_DerivativeAssetCollateralObligationtoReturnSecuritiesandCashOffset_D53F490B79226CBB066C5830A794E35E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Collateral, Obligation to Return Securities and Cash, Offset </link:label>

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<link:label id="lab_us-gaap_NumberOfReportableSegments_37EF514DBC1BDFEECFC5454B9F28EE69_terseLabel_en-US" xlink:label="lab_us-gaap_NumberOfReportableSegments_37EF514DBC1BDFEECFC5454B9F28EE69" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of lines of business </link:label>

<link:label id="lab_us-gaap_NumberOfReportableSegments_37EF514DBC1BDFEECFC5454B9F28EE69_label_en-US" xlink:label="lab_us-gaap_NumberOfReportableSegments_37EF514DBC1BDFEECFC5454B9F28EE69" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number of Reportable Segments </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NumberOfReportableSegments" xlink:label="loc_us-gaap_NumberOfReportableSegments_37EF514DBC1BDFEECFC5454B9F28EE69" xlink:type="locator"/>

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<link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_7063613220DD2007FECD454BA084F7F7_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_7063613220DD2007FECD454BA084F7F7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commitments and Contingencies Disclosure [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_7063613220DD2007FECD454BA084F7F7" xlink:type="locator"/>

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<link:label id="lab_stt_UnfundedCommitmentsToExtendCredit_4BE79EB8569C4B689B33454BA084EC10_terseLabel_en-US" xlink:label="lab_stt_UnfundedCommitmentsToExtendCredit_4BE79EB8569C4B689B33454BA084EC10" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unfunded commitments to extend credit </link:label>

<link:label id="lab_stt_UnfundedCommitmentsToExtendCredit_4BE79EB8569C4B689B33454BA084EC10_label_en-US" xlink:label="lab_stt_UnfundedCommitmentsToExtendCredit_4BE79EB8569C4B689B33454BA084EC10" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unfunded Commitments To Extend Credit </link:label>

<link:label id="lab_stt_UnfundedCommitmentsToExtendCredit_4BE79EB8569C4B689B33454BA084EC10_documentation_en-US" xlink:label="lab_stt_UnfundedCommitmentsToExtendCredit_4BE79EB8569C4B689B33454BA084EC10" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Unfunded commitments to extend credit. </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_UnfundedCommitmentsToExtendCredit" xlink:label="loc_stt_UnfundedCommitmentsToExtendCredit_4BE79EB8569C4B689B33454BA084EC10" xlink:type="locator"/>

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<link:label id="lab_stt_AggregateFairValueOfIndemnifiedSecuritiesOnLoan_DE347F548128DAE04CF4454BA084014C_verboseLabel_en-US" xlink:label="lab_stt_AggregateFairValueOfIndemnifiedSecuritiesOnLoan_DE347F548128DAE04CF4454BA084014C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Indemnified securities financing </link:label>

<link:label id="lab_stt_AggregateFairValueOfIndemnifiedSecuritiesOnLoan_DE347F548128DAE04CF4454BA084014C_label_en-US" xlink:label="lab_stt_AggregateFairValueOfIndemnifiedSecuritiesOnLoan_DE347F548128DAE04CF4454BA084014C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Aggregate Fair Value Of Indemnified Securities On Loan </link:label>

<link:label id="lab_stt_AggregateFairValueOfIndemnifiedSecuritiesOnLoan_DE347F548128DAE04CF4454BA084014C_documentation_en-US" xlink:label="lab_stt_AggregateFairValueOfIndemnifiedSecuritiesOnLoan_DE347F548128DAE04CF4454BA084014C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Aggregate Fair Value Of Indemnified Securities On Loan </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_AggregateFairValueOfIndemnifiedSecuritiesOnLoan" xlink:label="loc_stt_AggregateFairValueOfIndemnifiedSecuritiesOnLoan_DE347F548128DAE04CF4454BA084014C" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_AggregateFairValueOfIndemnifiedSecuritiesOnLoan_DE347F548128DAE04CF4454BA084014C" xlink:to="lab_stt_AggregateFairValueOfIndemnifiedSecuritiesOnLoan_DE347F548128DAE04CF4454BA084014C" xlink:type="arc"/>

<link:label id="lab_stt_StableValueProtection_435C7649E7962F2CDE16454BA08487F8_terseLabel_en-US" xlink:label="lab_stt_StableValueProtection_435C7649E7962F2CDE16454BA08487F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stable value protection </link:label>

<link:label id="lab_stt_StableValueProtection_435C7649E7962F2CDE16454BA08487F8_label_en-US" xlink:label="lab_stt_StableValueProtection_435C7649E7962F2CDE16454BA08487F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stable Value Protection </link:label>

<link:label id="lab_stt_StableValueProtection_435C7649E7962F2CDE16454BA08487F8_documentation_en-US" xlink:label="lab_stt_StableValueProtection_435C7649E7962F2CDE16454BA08487F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Stable Value Protection </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_StableValueProtection" xlink:label="loc_stt_StableValueProtection_435C7649E7962F2CDE16454BA08487F8" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_StableValueProtection_435C7649E7962F2CDE16454BA08487F8" xlink:to="lab_stt_StableValueProtection_435C7649E7962F2CDE16454BA08487F8" xlink:type="arc"/>

<link:label id="lab_stt_StandByLettersOfCredit_D18E3F11E90738969147454BA084E855_terseLabel_en-US" xlink:label="lab_stt_StandByLettersOfCredit_D18E3F11E90738969147454BA084E855" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Standby letters of credit </link:label>

<link:label id="lab_stt_StandByLettersOfCredit_D18E3F11E90738969147454BA084E855_label_en-US" xlink:label="lab_stt_StandByLettersOfCredit_D18E3F11E90738969147454BA084E855" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stand By Letters Of Credit </link:label>

<link:label id="lab_stt_StandByLettersOfCredit_D18E3F11E90738969147454BA084E855_documentation_en-US" xlink:label="lab_stt_StandByLettersOfCredit_D18E3F11E90738969147454BA084E855" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Stand by letters of credit. </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_StandByLettersOfCredit" xlink:label="loc_stt_StandByLettersOfCredit_D18E3F11E90738969147454BA084E855" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_StandByLettersOfCredit_D18E3F11E90738969147454BA084E855" xlink:to="lab_stt_StandByLettersOfCredit_D18E3F11E90738969147454BA084E855" xlink:type="arc"/>

<link:label id="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_9101F669109D3C97AE66454B9FB4B454_label_en-US" xlink:label="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_9101F669109D3C97AE66454B9FB4B454" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statement of Comprehensive Income [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:label="loc_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_9101F669109D3C97AE66454B9FB4B454" xlink:type="locator"/>

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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_34CDBB2FCEFE4AB5F265454B9FB42DF4_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_34CDBB2FCEFE4AB5F265454B9FB42DF4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign currency translation, Taxes </link:label>

<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_34CDBB2FCEFE4AB5F265454B9FB42DF4_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_34CDBB2FCEFE4AB5F265454B9FB42DF4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_34CDBB2FCEFE4AB5F265454B9FB42DF4" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_34CDBB2FCEFE4AB5F265454B9FB42DF4" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_34CDBB2FCEFE4AB5F265454B9FB42DF4" xlink:type="arc"/>

<link:label id="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainLossOnAfsSecuritiesNetOfReclassAndExpectedLossFromOttiRelatedTaxes_C09C64543AE651F4AADB454B9FB4388A_terseLabel_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainLossOnAfsSecuritiesNetOfReclassAndExpectedLossFromOttiRelatedTaxes_C09C64543AE651F4AADB454B9FB4388A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in net unrealized losses on available-for-sale securities, Taxes </link:label>

<link:label id="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainLossOnAfsSecuritiesNetOfReclassAndExpectedLossFromOttiRelatedTaxes_C09C64543AE651F4AADB454B9FB4388A_label_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainLossOnAfsSecuritiesNetOfReclassAndExpectedLossFromOttiRelatedTaxes_C09C64543AE651F4AADB454B9FB4388A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Change in Net Unrealized Gain Loss on AFS Securities, Net of Reclass and Expected Loss From OTTI, Related Taxes </link:label>

<link:label id="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainLossOnAfsSecuritiesNetOfReclassAndExpectedLossFromOttiRelatedTaxes_C09C64543AE651F4AADB454B9FB4388A_documentation_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainLossOnAfsSecuritiesNetOfReclassAndExpectedLossFromOttiRelatedTaxes_C09C64543AE651F4AADB454B9FB4388A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Change in Net Unrealized Gain Loss on AFS Securities, Net of Reclass and Expected Loss From OTTI, Related Taxes </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainLossOnAfsSecuritiesNetOfReclassAndExpectedLossFromOttiRelatedTaxes" xlink:label="loc_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainLossOnAfsSecuritiesNetOfReclassAndExpectedLossFromOttiRelatedTaxes_C09C64543AE651F4AADB454B9FB4388A" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainLossOnAfsSecuritiesNetOfReclassAndExpectedLossFromOttiRelatedTaxes_C09C64543AE651F4AADB454B9FB4388A" xlink:to="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainLossOnAfsSecuritiesNetOfReclassAndExpectedLossFromOttiRelatedTaxes_C09C64543AE651F4AADB454B9FB4388A" xlink:type="arc"/>

<link:label id="lab_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesRelatedTaxes_AA344DF1B59479BE504B454B9FB45854_terseLabel_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesRelatedTaxes_AA344DF1B59479BE504B454B9FB45854" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in net unrealized losses on available-for-sale securities designated in fair value hedges, Taxes </link:label>

<link:label id="lab_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesRelatedTaxes_AA344DF1B59479BE504B454B9FB45854_label_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesRelatedTaxes_AA344DF1B59479BE504B454B9FB45854" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Change in Unrealized Gain Loss on AFS Securities Designated as Fair Value Hedges, Related Taxes </link:label>

<link:label id="lab_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesRelatedTaxes_AA344DF1B59479BE504B454B9FB45854_documentation_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesRelatedTaxes_AA344DF1B59479BE504B454B9FB45854" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Change in Unrealized Gain Loss on AFS Securities Designated as Fair Value Hedges, Related Taxes </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesRelatedTaxes" xlink:label="loc_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesRelatedTaxes_AA344DF1B59479BE504B454B9FB45854" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesRelatedTaxes_AA344DF1B59479BE504B454B9FB45854" xlink:to="lab_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesRelatedTaxes_AA344DF1B59479BE504B454B9FB45854" xlink:type="arc"/>

<link:label id="lab_stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditRelatedTaxes_18BDA43BDA3B74490AD8454B9FB4B81F_terseLabel_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditRelatedTaxes_18BDA43BDA3B74490AD8454B9FB4B81F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other-than-temporary impairment on held-to-maturity securities related to factors other than credit, Taxes </link:label>

<link:label id="lab_stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditRelatedTaxes_18BDA43BDA3B74490AD8454B9FB4B81F_label_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditRelatedTaxes_18BDA43BDA3B74490AD8454B9FB4B81F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Expected Losses From OTTI on HTM Securities Not From Credit, Related Taxes </link:label>

<link:label id="lab_stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditRelatedTaxes_18BDA43BDA3B74490AD8454B9FB4B81F_documentation_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditRelatedTaxes_18BDA43BDA3B74490AD8454B9FB4B81F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Expected Losses From OTTI on HTM Securities Not From Credit, Related Taxes </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditRelatedTaxes" xlink:label="loc_stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditRelatedTaxes_18BDA43BDA3B74490AD8454B9FB4B81F" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditRelatedTaxes_18BDA43BDA3B74490AD8454B9FB4B81F" xlink:to="lab_stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditRelatedTaxes_18BDA43BDA3B74490AD8454B9FB4B81F" xlink:type="arc"/>

<link:label id="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesRelatedTaxes_9AAA8BB93FDB6E20A098454B9FB45538_terseLabel_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesRelatedTaxes_9AAA8BB93FDB6E20A098454B9FB45538" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in net unrealized losses on cash flow hedges, Taxes </link:label>

<link:label id="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesRelatedTaxes_9AAA8BB93FDB6E20A098454B9FB45538_label_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesRelatedTaxes_9AAA8BB93FDB6E20A098454B9FB45538" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Change in Net Unrealized Gains Losses on Cash Flow Hedges, Related Taxes </link:label>

<link:label id="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesRelatedTaxes_9AAA8BB93FDB6E20A098454B9FB45538_documentation_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesRelatedTaxes_9AAA8BB93FDB6E20A098454B9FB45538" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Change in Net Unrealized Gains Losses on Cash Flow Hedges, Related Taxes </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesRelatedTaxes" xlink:label="loc_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesRelatedTaxes_9AAA8BB93FDB6E20A098454B9FB45538" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesRelatedTaxes_9AAA8BB93FDB6E20A098454B9FB45538" xlink:to="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesRelatedTaxes_9AAA8BB93FDB6E20A098454B9FB45538" xlink:type="arc"/>

<link:label id="lab_stt_OtherComprehensiveIncomeLossMinimumPensionLiabilityNetAdjustmentTax_ACC68FA34EBCE362FCFD454B9FB4C31D_terseLabel_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossMinimumPensionLiabilityNetAdjustmentTax_ACC68FA34EBCE362FCFD454B9FB4C31D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in unrealized losses on retirement plans, Taxes </link:label>

<link:label id="lab_stt_OtherComprehensiveIncomeLossMinimumPensionLiabilityNetAdjustmentTax_ACC68FA34EBCE362FCFD454B9FB4C31D_label_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossMinimumPensionLiabilityNetAdjustmentTax_ACC68FA34EBCE362FCFD454B9FB4C31D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Minimum Pension Liability Net Adjustment, Tax </link:label>

<link:label id="lab_stt_OtherComprehensiveIncomeLossMinimumPensionLiabilityNetAdjustmentTax_ACC68FA34EBCE362FCFD454B9FB4C31D_documentation_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossMinimumPensionLiabilityNetAdjustmentTax_ACC68FA34EBCE362FCFD454B9FB4C31D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Minimum Pension Liability Net Adjustment, Tax </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_OtherComprehensiveIncomeLossMinimumPensionLiabilityNetAdjustmentTax" xlink:label="loc_stt_OtherComprehensiveIncomeLossMinimumPensionLiabilityNetAdjustmentTax_ACC68FA34EBCE362FCFD454B9FB4C31D" xlink:type="locator"/>

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<link:label id="lab_us-gaap_SegmentsGeographicalAreasAbstract_E6E69F816F2D99E63600454BA1E730F1_label_en-US" xlink:label="lab_us-gaap_SegmentsGeographicalAreasAbstract_E6E69F816F2D99E63600454BA1E730F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segments, Geographical Areas [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentsGeographicalAreasAbstract" xlink:label="loc_us-gaap_SegmentsGeographicalAreasAbstract_E6E69F816F2D99E63600454BA1E730F1" xlink:type="locator"/>

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<link:label id="lab_stt_ScheduleOfResultsFromNonUSOperationsTableTextBlock_B3AA490BE6B0909570B4454BA1E7C2E6_terseLabel_en-US" xlink:label="lab_stt_ScheduleOfResultsFromNonUSOperationsTableTextBlock_B3AA490BE6B0909570B4454BA1E7C2E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Results from Non-U.S. Operations </link:label>

<link:label id="lab_stt_ScheduleOfResultsFromNonUSOperationsTableTextBlock_B3AA490BE6B0909570B4454BA1E7C2E6_label_en-US" xlink:label="lab_stt_ScheduleOfResultsFromNonUSOperationsTableTextBlock_B3AA490BE6B0909570B4454BA1E7C2E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of results from Non-U.S. Operations [Table Text Block] </link:label>

<link:label id="lab_stt_ScheduleOfResultsFromNonUSOperationsTableTextBlock_B3AA490BE6B0909570B4454BA1E7C2E6_documentation_en-US" xlink:label="lab_stt_ScheduleOfResultsFromNonUSOperationsTableTextBlock_B3AA490BE6B0909570B4454BA1E7C2E6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Schedule of results from non-U.S. operations </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_ScheduleOfResultsFromNonUSOperationsTableTextBlock" xlink:label="loc_stt_ScheduleOfResultsFromNonUSOperationsTableTextBlock_B3AA490BE6B0909570B4454BA1E7C2E6" xlink:type="locator"/>

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<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_91164179F7CE68A2CF5499FE6FABB893_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_91164179F7CE68A2CF5499FE6FABB893" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Table] </link:label>

<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_91164179F7CE68A2CF5499FE6FABB893_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_91164179F7CE68A2CF5499FE6FABB893" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Measurements, Recurring and Nonrecurring [Table] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_91164179F7CE68A2CF5499FE6FABB893" xlink:type="locator"/>

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<link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_7B11DFCB20FFCC06799599FE6FAC33F1_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_7B11DFCB20FFCC06799599FE6FAC33F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Hierarchy [Axis] </link:label>

<link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_7B11DFCB20FFCC06799599FE6FAC33F1_label_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_7B11DFCB20FFCC06799599FE6FAC33F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Hierarchy [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_7B11DFCB20FFCC06799599FE6FAC33F1" xlink:type="locator"/>

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<link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_0529473E9D206AC26DAA99FE6FAC47CC_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_0529473E9D206AC26DAA99FE6FAC47CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value Hierarchy [Domain] </link:label>

<link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_0529473E9D206AC26DAA99FE6FAC47CC_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_0529473E9D206AC26DAA99FE6FAC47CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Hierarchy [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_0529473E9D206AC26DAA99FE6FAC47CC" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_0529473E9D206AC26DAA99FE6FAC47CC" xlink:to="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_0529473E9D206AC26DAA99FE6FAC47CC" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueInputsLevel1Member_982DAD051E73ECE3070999FE6FAC38C4_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_982DAD051E73ECE3070999FE6FAC38C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Quoted Market Prices in Active Markets (Level 1) </link:label>

<link:label id="lab_us-gaap_FairValueInputsLevel1Member_982DAD051E73ECE3070999FE6FAC38C4_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_982DAD051E73ECE3070999FE6FAC38C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Inputs, Level 1 [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaap_FairValueInputsLevel1Member_982DAD051E73ECE3070999FE6FAC38C4" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel1Member_982DAD051E73ECE3070999FE6FAC38C4" xlink:to="lab_us-gaap_FairValueInputsLevel1Member_982DAD051E73ECE3070999FE6FAC38C4" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueInputsLevel2Member_5C38B76C4280D5D1B34699FE6FAC77FE_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_5C38B76C4280D5D1B34699FE6FAC77FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pricing Methods with Significant Observable Market Inputs (Level 2) </link:label>

<link:label id="lab_us-gaap_FairValueInputsLevel2Member_5C38B76C4280D5D1B34699FE6FAC77FE_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_5C38B76C4280D5D1B34699FE6FAC77FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Inputs, Level 2 [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaap_FairValueInputsLevel2Member_5C38B76C4280D5D1B34699FE6FAC77FE" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel2Member_5C38B76C4280D5D1B34699FE6FAC77FE" xlink:to="lab_us-gaap_FairValueInputsLevel2Member_5C38B76C4280D5D1B34699FE6FAC77FE" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueInputsLevel3Member_1B287D42A402A21E787E99FE6FAC05CE_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_1B287D42A402A21E787E99FE6FAC05CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pricing Methods with Significant Unobservable Market Inputs (Level 3) </link:label>

<link:label id="lab_us-gaap_FairValueInputsLevel3Member_1B287D42A402A21E787E99FE6FAC05CE_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_1B287D42A402A21E787E99FE6FAC05CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Inputs, Level 3 [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="loc_us-gaap_FairValueInputsLevel3Member_1B287D42A402A21E787E99FE6FAC05CE" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel3Member_1B287D42A402A21E787E99FE6FAC05CE" xlink:to="lab_us-gaap_FairValueInputsLevel3Member_1B287D42A402A21E787E99FE6FAC05CE" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueByMeasurementFrequencyAxis_45DD3223454D4A9770BF99FE6FAC8DE2_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementFrequencyAxis_45DD3223454D4A9770BF99FE6FAC8DE2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Measurement Frequency [Axis] </link:label>

<link:label id="lab_us-gaap_FairValueByMeasurementFrequencyAxis_45DD3223454D4A9770BF99FE6FAC8DE2_label_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementFrequencyAxis_45DD3223454D4A9770BF99FE6FAC8DE2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Measurement Frequency [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByMeasurementFrequencyAxis" xlink:label="loc_us-gaap_FairValueByMeasurementFrequencyAxis_45DD3223454D4A9770BF99FE6FAC8DE2" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByMeasurementFrequencyAxis_45DD3223454D4A9770BF99FE6FAC8DE2" xlink:to="lab_us-gaap_FairValueByMeasurementFrequencyAxis_45DD3223454D4A9770BF99FE6FAC8DE2" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueMeasurementFrequencyDomain_AC0D0F5C6E6E70DFD10D99FE6FACEC0B_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementFrequencyDomain_AC0D0F5C6E6E70DFD10D99FE6FACEC0B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement Frequency [Domain] </link:label>

<link:label id="lab_us-gaap_FairValueMeasurementFrequencyDomain_AC0D0F5C6E6E70DFD10D99FE6FACEC0B_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementFrequencyDomain_AC0D0F5C6E6E70DFD10D99FE6FACEC0B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement Frequency [Domain] </link:label>

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<link:label id="lab_us-gaap_FairValueMeasurementsRecurringMember_A758DD2BC2BE27F5883A99FE6FAC093F_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsRecurringMember_A758DD2BC2BE27F5883A99FE6FAC093F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Recurring </link:label>

<link:label id="lab_us-gaap_FairValueMeasurementsRecurringMember_A758DD2BC2BE27F5883A99FE6FAC093F_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsRecurringMember_A758DD2BC2BE27F5883A99FE6FAC093F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurements, Recurring [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsRecurringMember" xlink:label="loc_us-gaap_FairValueMeasurementsRecurringMember_A758DD2BC2BE27F5883A99FE6FAC093F" xlink:type="locator"/>

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<link:label id="lab_us-gaap_FairValueByAssetClassAxis_CF0D88628B47AED2C31599FE6FAC0E81_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByAssetClassAxis_CF0D88628B47AED2C31599FE6FAC0E81" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Asset Class [Axis] </link:label>

<link:label id="lab_us-gaap_FairValueByAssetClassAxis_CF0D88628B47AED2C31599FE6FAC0E81_label_en-US" xlink:label="lab_us-gaap_FairValueByAssetClassAxis_CF0D88628B47AED2C31599FE6FAC0E81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Asset Class [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByAssetClassAxis" xlink:label="loc_us-gaap_FairValueByAssetClassAxis_CF0D88628B47AED2C31599FE6FAC0E81" xlink:type="locator"/>

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<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_92EDCB76973F0937BFB699FE6FAD6E81_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_92EDCB76973F0937BFB699FE6FAD6E81" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Asset Class [Domain] </link:label>

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<link:label id="lab_us-gaap_USGovernmentDebtSecuritiesMember_A60F08FF7786B5AB91E399FE6FADD3D7_terseLabel_en-US" xlink:label="lab_us-gaap_USGovernmentDebtSecuritiesMember_A60F08FF7786B5AB91E399FE6FADD3D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> U.S. government securities </link:label>

<link:label id="lab_us-gaap_USGovernmentDebtSecuritiesMember_A60F08FF7786B5AB91E399FE6FADD3D7_label_en-US" xlink:label="lab_us-gaap_USGovernmentDebtSecuritiesMember_A60F08FF7786B5AB91E399FE6FADD3D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> US Government Debt Securities [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USGovernmentDebtSecuritiesMember" xlink:label="loc_us-gaap_USGovernmentDebtSecuritiesMember_A60F08FF7786B5AB91E399FE6FADD3D7" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ForeignGovernmentDebtSecuritiesMember_DDAE0D80C3D0E7D93DAA99FE6FAD5065_terseLabel_en-US" xlink:label="lab_us-gaap_ForeignGovernmentDebtSecuritiesMember_DDAE0D80C3D0E7D93DAA99FE6FAD5065" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-U.S. government securities </link:label>

<link:label id="lab_us-gaap_ForeignGovernmentDebtSecuritiesMember_DDAE0D80C3D0E7D93DAA99FE6FAD5065_label_en-US" xlink:label="lab_us-gaap_ForeignGovernmentDebtSecuritiesMember_DDAE0D80C3D0E7D93DAA99FE6FAD5065" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Government Debt Securities [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignGovernmentDebtSecuritiesMember" xlink:label="loc_us-gaap_ForeignGovernmentDebtSecuritiesMember_DDAE0D80C3D0E7D93DAA99FE6FAD5065" xlink:type="locator"/>

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<link:label id="lab_us-gaap_OtherDebtSecuritiesMember_60412925C7922433D38999FE6FAD7F0E_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherDebtSecuritiesMember_60412925C7922433D38999FE6FAD7F0E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherDebtSecuritiesMember" xlink:label="loc_us-gaap_OtherDebtSecuritiesMember_60412925C7922433D38999FE6FAD7F0E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherDebtSecuritiesMember_60412925C7922433D38999FE6FAD7F0E" xlink:to="lab_us-gaap_OtherDebtSecuritiesMember_60412925C7922433D38999FE6FAD7F0E" xlink:type="arc"/>

<link:label id="lab_stt_NonUSEquitySecuritiesMember_F341B44E8DF55A1D113999FE6FAE8F80_terseLabel_en-US" xlink:label="lab_stt_NonUSEquitySecuritiesMember_F341B44E8DF55A1D113999FE6FAE8F80" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-U.S. equity securities </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_NonUSEquitySecuritiesMember" xlink:label="loc_stt_NonUSEquitySecuritiesMember_F341B44E8DF55A1D113999FE6FAE8F80" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_NonUSEquitySecuritiesMember_F341B44E8DF55A1D113999FE6FAE8F80" xlink:to="lab_stt_NonUSEquitySecuritiesMember_F341B44E8DF55A1D113999FE6FAE8F80" xlink:type="arc"/>

<link:label id="lab_us-gaap_OtherCreditDerivativesMember_7A07C69E0BDD2E88D69E99FE6FAFCE28_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherCreditDerivativesMember_7A07C69E0BDD2E88D69E99FE6FAFCE28" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other derivative contracts </link:label>

<link:label id="lab_us-gaap_OtherCreditDerivativesMember_7A07C69E0BDD2E88D69E99FE6FAFCE28_label_en-US" xlink:label="lab_us-gaap_OtherCreditDerivativesMember_7A07C69E0BDD2E88D69E99FE6FAFCE28" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Credit Derivatives [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCreditDerivativesMember" xlink:label="loc_us-gaap_OtherCreditDerivativesMember_7A07C69E0BDD2E88D69E99FE6FAFCE28" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherCreditDerivativesMember_7A07C69E0BDD2E88D69E99FE6FAFCE28" xlink:to="lab_us-gaap_OtherCreditDerivativesMember_7A07C69E0BDD2E88D69E99FE6FAFCE28" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_B31A9C148A6A172ED6CC99FE6FB0539E_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_B31A9C148A6A172ED6CC99FE6FB0539E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] </link:label>

<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_B31A9C148A6A172ED6CC99FE6FB0539E_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_B31A9C148A6A172ED6CC99FE6FB0539E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_B31A9C148A6A172ED6CC99FE6FB0539E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_B31A9C148A6A172ED6CC99FE6FB0539E" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_B31A9C148A6A172ED6CC99FE6FB0539E" xlink:type="arc"/>

<link:label id="lab_us-gaap_TradingSecurities_382147C613225064EB7399FE6FB0914F_terseLabel_en-US" xlink:label="lab_us-gaap_TradingSecurities_382147C613225064EB7399FE6FB0914F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading account assets </link:label>

<link:label id="lab_us-gaap_TradingSecurities_382147C613225064EB7399FE6FB0914F_label_en-US" xlink:label="lab_us-gaap_TradingSecurities_382147C613225064EB7399FE6FB0914F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Securities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaap_TradingSecurities_382147C613225064EB7399FE6FB0914F" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingSecurities_382147C613225064EB7399FE6FB0914F" xlink:to="lab_us-gaap_TradingSecurities_382147C613225064EB7399FE6FB0914F" xlink:type="arc"/>

<link:label id="lab_us-gaap_AvailableForSaleSecurities_4911305888EDDB2FAC5099FE6FB0B013_verboseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecurities_4911305888EDDB2FAC5099FE6FB0B013" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Investment securities available-for-sale </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="loc_us-gaap_AvailableForSaleSecurities_4911305888EDDB2FAC5099FE6FB0B013" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecurities_4911305888EDDB2FAC5099FE6FB0B013" xlink:to="lab_us-gaap_AvailableForSaleSecurities_4911305888EDDB2FAC5099FE6FB0B013" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_8D23878E86210FC0C16799FE6FB0BA9C_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_8D23878E86210FC0C16799FE6FB0BA9C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative asset </link:label>

<link:label id="lab_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_8D23878E86210FC0C16799FE6FB0BA9C_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_8D23878E86210FC0C16799FE6FB0BA9C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement" xlink:label="loc_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_8D23878E86210FC0C16799FE6FB0BA9C" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_8D23878E86210FC0C16799FE6FB0BA9C" xlink:to="lab_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_8D23878E86210FC0C16799FE6FB0BA9C" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_ACD45191051CD7C1120599FE6FB0802D_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_ACD45191051CD7C1120599FE6FB0802D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Derivative asset, Impact of Netting </link:label>

<link:label id="lab_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_ACD45191051CD7C1120599FE6FB0802D_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_ACD45191051CD7C1120599FE6FB0802D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset" xlink:label="loc_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_ACD45191051CD7C1120599FE6FB0802D" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_ACD45191051CD7C1120599FE6FB0802D" xlink:to="lab_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_ACD45191051CD7C1120599FE6FB0802D" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeAssets_83411CCB80149C174EC799FE6FB55AB7_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssets_83411CCB80149C174EC799FE6FB55AB7" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Derivative assets </link:label>

<link:label id="lab_us-gaap_DerivativeAssets_83411CCB80149C174EC799FE6FB55AB7_label_en-US" xlink:label="lab_us-gaap_DerivativeAssets_83411CCB80149C174EC799FE6FB55AB7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssets" xlink:label="loc_us-gaap_DerivativeAssets_83411CCB80149C174EC799FE6FB55AB7" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssets_83411CCB80149C174EC799FE6FB55AB7" xlink:to="lab_us-gaap_DerivativeAssets_83411CCB80149C174EC799FE6FB55AB7" xlink:type="arc"/>

<link:label id="lab_us-gaap_OtherAssetsFairValueDisclosure_6B638F1F3A22F2D82ACD9A0063E5D72F_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsFairValueDisclosure_6B638F1F3A22F2D82ACD9A0063E5D72F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>

<link:label id="lab_us-gaap_OtherAssetsFairValueDisclosure_6B638F1F3A22F2D82ACD9A0063E5D72F_label_en-US" xlink:label="lab_us-gaap_OtherAssetsFairValueDisclosure_6B638F1F3A22F2D82ACD9A0063E5D72F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets, Fair Value Disclosure </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsFairValueDisclosure" xlink:label="loc_us-gaap_OtherAssetsFairValueDisclosure_6B638F1F3A22F2D82ACD9A0063E5D72F" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsFairValueDisclosure_6B638F1F3A22F2D82ACD9A0063E5D72F" xlink:to="lab_us-gaap_OtherAssetsFairValueDisclosure_6B638F1F3A22F2D82ACD9A0063E5D72F" xlink:type="arc"/>

<link:label id="lab_us-gaap_AssetsFairValueDisclosure_8856264EC913E1BCF6CB99FE6FB66C74_totalLabel_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosure_8856264EC913E1BCF6CB99FE6FB66C74" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total </link:label>

<link:label id="lab_us-gaap_AssetsFairValueDisclosure_8856264EC913E1BCF6CB99FE6FB66C74_label_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosure_8856264EC913E1BCF6CB99FE6FB66C74" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets, Fair Value Disclosure </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsFairValueDisclosure" xlink:label="loc_us-gaap_AssetsFairValueDisclosure_8856264EC913E1BCF6CB99FE6FB66C74" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_8856264EC913E1BCF6CB99FE6FB66C74" xlink:to="lab_us-gaap_AssetsFairValueDisclosure_8856264EC913E1BCF6CB99FE6FB66C74" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_3DDDA42834FFC30B36C799FE6FB6E6F5_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_3DDDA42834FFC30B36C799FE6FB6E6F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative liability </link:label>

<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_3DDDA42834FFC30B36C799FE6FB6E6F5_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_3DDDA42834FFC30B36C799FE6FB6E6F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement" xlink:label="loc_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_3DDDA42834FFC30B36C799FE6FB6E6F5" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_3DDDA42834FFC30B36C799FE6FB6E6F5" xlink:to="lab_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_3DDDA42834FFC30B36C799FE6FB6E6F5" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_889FEA57355891CE803D99FE6FB6F45D_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_889FEA57355891CE803D99FE6FB6F45D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Derivative liability, Impact of Netting </link:label>

<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_889FEA57355891CE803D99FE6FB6F45D_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_889FEA57355891CE803D99FE6FB6F45D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset" xlink:label="loc_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_889FEA57355891CE803D99FE6FB6F45D" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_889FEA57355891CE803D99FE6FB6F45D" xlink:to="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_889FEA57355891CE803D99FE6FB6F45D" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeLiabilities_A1F20F28DDF29CDFD92D99FE6FB6D6A8_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilities_A1F20F28DDF29CDFD92D99FE6FB6D6A8" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Derivative liabilities </link:label>

<link:label id="lab_us-gaap_DerivativeLiabilities_A1F20F28DDF29CDFD92D99FE6FB6D6A8_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilities_A1F20F28DDF29CDFD92D99FE6FB6D6A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="loc_us-gaap_DerivativeLiabilities_A1F20F28DDF29CDFD92D99FE6FB6D6A8" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilities_A1F20F28DDF29CDFD92D99FE6FB6D6A8" xlink:to="lab_us-gaap_DerivativeLiabilities_A1F20F28DDF29CDFD92D99FE6FB6D6A8" xlink:type="arc"/>

<link:label id="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_E201DC2A10F064B2E4389A055A29E887_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_E201DC2A10F064B2E4389A055A29E887" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>

<link:label id="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_E201DC2A10F064B2E4389A055A29E887_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_E201DC2A10F064B2E4389A055A29E887" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Liabilities, Fair Value Disclosure </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_OtherLiabilitiesFairValueDisclosure_E201DC2A10F064B2E4389A055A29E887" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilitiesFairValueDisclosure_E201DC2A10F064B2E4389A055A29E887" xlink:to="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_E201DC2A10F064B2E4389A055A29E887" xlink:type="arc"/>

<link:label id="lab_us-gaap_LiabilitiesFairValueDisclosure_BED0269D6BD8BE738A8599FE6FB6C425_verboseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesFairValueDisclosure_BED0269D6BD8BE738A8599FE6FB6C425" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Total liabilities carried at fair value </link:label>

<link:label id="lab_us-gaap_LiabilitiesFairValueDisclosure_BED0269D6BD8BE738A8599FE6FB6C425_label_en-US" xlink:label="lab_us-gaap_LiabilitiesFairValueDisclosure_BED0269D6BD8BE738A8599FE6FB6C425" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financial and Nonfinancial Liabilities, Fair Value Disclosure </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_LiabilitiesFairValueDisclosure_BED0269D6BD8BE738A8599FE6FB6C425" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesFairValueDisclosure_BED0269D6BD8BE738A8599FE6FB6C425" xlink:to="lab_us-gaap_LiabilitiesFairValueDisclosure_BED0269D6BD8BE738A8599FE6FB6C425" xlink:type="arc"/>

<link:label id="lab_stt_DerivativeAssetCollateralObligationtoReturnSecuritiesandCashOffset_8D614DCA387D0578DDB399FE6FB6B0AD_negatedTerseLabel_en-US" xlink:label="lab_stt_DerivativeAssetCollateralObligationtoReturnSecuritiesandCashOffset_8D614DCA387D0578DDB399FE6FB6B0AD" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Derivative asset, collateral, cash offset </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_DerivativeAssetCollateralObligationtoReturnSecuritiesandCashOffset" xlink:label="loc_stt_DerivativeAssetCollateralObligationtoReturnSecuritiesandCashOffset_8D614DCA387D0578DDB399FE6FB6B0AD" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_DerivativeAssetCollateralObligationtoReturnSecuritiesandCashOffset_8D614DCA387D0578DDB399FE6FB6B0AD" xlink:to="lab_stt_DerivativeAssetCollateralObligationtoReturnSecuritiesandCashOffset_8D614DCA387D0578DDB399FE6FB6B0AD" xlink:type="arc"/>

<link:label id="lab_stt_DerivativeLiabilityCollateralRighttoReclaimSecuritiesandCashOffset_3AAC8189F4D5814237D699FE6FB6DC75_negatedTerseLabel_en-US" xlink:label="lab_stt_DerivativeLiabilityCollateralRighttoReclaimSecuritiesandCashOffset_3AAC8189F4D5814237D699FE6FB6DC75" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Derivative liability, collateral, cash offset </link:label>

<link:label id="lab_stt_DerivativeLiabilityCollateralRighttoReclaimSecuritiesandCashOffset_3AAC8189F4D5814237D699FE6FB6DC75_label_en-US" xlink:label="lab_stt_DerivativeLiabilityCollateralRighttoReclaimSecuritiesandCashOffset_3AAC8189F4D5814237D699FE6FB6DC75" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Collateral, Right to Reclaim Securities and Cash, Offset </link:label>

<link:label id="lab_stt_DerivativeLiabilityCollateralRighttoReclaimSecuritiesandCashOffset_3AAC8189F4D5814237D699FE6FB6DC75_documentation_en-US" xlink:label="lab_stt_DerivativeLiabilityCollateralRighttoReclaimSecuritiesandCashOffset_3AAC8189F4D5814237D699FE6FB6DC75" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Collateral, Right to Reclaim Securities and Cash, Offset </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_DerivativeLiabilityCollateralRighttoReclaimSecuritiesandCashOffset" xlink:label="loc_stt_DerivativeLiabilityCollateralRighttoReclaimSecuritiesandCashOffset_3AAC8189F4D5814237D699FE6FB6DC75" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_DerivativeLiabilityCollateralRighttoReclaimSecuritiesandCashOffset_3AAC8189F4D5814237D699FE6FB6DC75" xlink:to="lab_stt_DerivativeLiabilityCollateralRighttoReclaimSecuritiesandCashOffset_3AAC8189F4D5814237D699FE6FB6DC75" xlink:type="arc"/>

<link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_C5C037CAED62ED6902B7454B9FB4FE3D_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_C5C037CAED62ED6902B7454B9FB4FE3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Summary of Line of Business Results </link:label>

<link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_C5C037CAED62ED6902B7454B9FB4FE3D_label_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_C5C037CAED62ED6902B7454B9FB4FE3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Segment Reporting Information, by Segment [Table Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock" xlink:label="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_C5C037CAED62ED6902B7454B9FB4FE3D" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_C5C037CAED62ED6902B7454B9FB4FE3D" xlink:to="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_C5C037CAED62ED6902B7454B9FB4FE3D" xlink:type="arc"/>

<link:label id="lab_us-gaap_OffsettingLiabilitiesTable_48764236F8681392E5245830A760EF2A_terseLabel_en-US" xlink:label="lab_us-gaap_OffsettingLiabilitiesTable_48764236F8681392E5245830A760EF2A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Offsetting Liabilities [Table] </link:label>

<link:label id="lab_us-gaap_OffsettingLiabilitiesTable_48764236F8681392E5245830A760EF2A_label_en-US" xlink:label="lab_us-gaap_OffsettingLiabilitiesTable_48764236F8681392E5245830A760EF2A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Offsetting Liabilities [Table] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OffsettingLiabilitiesTable" xlink:label="loc_us-gaap_OffsettingLiabilitiesTable_48764236F8681392E5245830A760EF2A" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OffsettingLiabilitiesTable_48764236F8681392E5245830A760EF2A" xlink:to="lab_us-gaap_OffsettingLiabilitiesTable_48764236F8681392E5245830A760EF2A" xlink:type="arc"/>

<link:label id="lab_us-gaap_OffsettingLiabilitiesLineItems_4899600FE5226B8A3D515830A76058B6_terseLabel_en-US" xlink:label="lab_us-gaap_OffsettingLiabilitiesLineItems_4899600FE5226B8A3D515830A76058B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Offsetting Liabilities [Line Items] </link:label>

<link:label id="lab_us-gaap_OffsettingLiabilitiesLineItems_4899600FE5226B8A3D515830A76058B6_label_en-US" xlink:label="lab_us-gaap_OffsettingLiabilitiesLineItems_4899600FE5226B8A3D515830A76058B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Offsetting Liabilities [Line Items] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OffsettingLiabilitiesLineItems" xlink:label="loc_us-gaap_OffsettingLiabilitiesLineItems_4899600FE5226B8A3D515830A76058B6" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OffsettingLiabilitiesLineItems_4899600FE5226B8A3D515830A76058B6" xlink:to="lab_us-gaap_OffsettingLiabilitiesLineItems_4899600FE5226B8A3D515830A76058B6" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_5944CFF2CE290368969B5830A7609CE8_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_5944CFF2CE290368969B5830A7609CE8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Derivatives, Gross amounts of recognized liabilities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeLiability_5944CFF2CE290368969B5830A7609CE8" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeLiability_5944CFF2CE290368969B5830A7609CE8" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_5944CFF2CE290368969B5830A7609CE8" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_A7A124D718A9CD14CFD85830A76095CE_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_A7A124D718A9CD14CFD85830A76095CE" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Derivatives, Gross amounts offset in statement of condition </link:label>

<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_A7A124D718A9CD14CFD85830A76095CE_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_A7A124D718A9CD14CFD85830A76095CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value, Gross Asset </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilityFairValueGrossAsset" xlink:label="loc_us-gaap_DerivativeLiabilityFairValueGrossAsset_A7A124D718A9CD14CFD85830A76095CE" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilityFairValueGrossAsset_A7A124D718A9CD14CFD85830A76095CE" xlink:to="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_A7A124D718A9CD14CFD85830A76095CE" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_6F39E7DADDCCEDA09BBC5830A760A3F9_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_6F39E7DADDCCEDA09BBC5830A760A3F9" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Derivatives, Net Amounts of Liabilities Presented in Statement of Condition </link:label>

<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_6F39E7DADDCCEDA09BBC5830A760A3F9_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_6F39E7DADDCCEDA09BBC5830A760A3F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value, Amount Not Offset Against Collateral </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_6F39E7DADDCCEDA09BBC5830A760A3F9" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_6F39E7DADDCCEDA09BBC5830A760A3F9" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_6F39E7DADDCCEDA09BBC5830A760A3F9" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_6D46288A219B334021455830A7611D7C_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_6D46288A219B334021455830A7611D7C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Derivative, Net Amount </link:label>

<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_6D46288A219B334021455830A7611D7C_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_6D46288A219B334021455830A7611D7C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value, Amount Offset Against Collateral </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_6D46288A219B334021455830A7611D7C" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_6D46288A219B334021455830A7611D7C" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_6D46288A219B334021455830A7611D7C" xlink:type="arc"/>

<link:label id="lab_stt_DerivativeLiabilityCollateralRighttoReclaimSecuritiesandCashOffset_843DECF04CBD623C37AC5830A76151AF_negatedLabel_en-US" xlink:label="lab_stt_DerivativeLiabilityCollateralRighttoReclaimSecuritiesandCashOffset_843DECF04CBD623C37AC5830A76151AF" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Derivatives, Cash and collateral securities netting, offset </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_DerivativeLiabilityCollateralRighttoReclaimSecuritiesandCashOffset" xlink:label="loc_stt_DerivativeLiabilityCollateralRighttoReclaimSecuritiesandCashOffset_843DECF04CBD623C37AC5830A76151AF" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_DerivativeLiabilityCollateralRighttoReclaimSecuritiesandCashOffset_843DECF04CBD623C37AC5830A76151AF" xlink:to="lab_stt_DerivativeLiabilityCollateralRighttoReclaimSecuritiesandCashOffset_843DECF04CBD623C37AC5830A76151AF" xlink:type="arc"/>

<link:label id="lab_stt_DerivativeCollateralRighttoReclaimSecuritiesandCash_35FEA7004772AFA77E235830A761E408_negatedTerseLabel_en-US" xlink:label="lab_stt_DerivativeCollateralRighttoReclaimSecuritiesandCash_35FEA7004772AFA77E235830A761E408" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Derivatives, Cash and collateral securities netting, Cash and Securities Provided </link:label>

<link:label id="lab_stt_DerivativeCollateralRighttoReclaimSecuritiesandCash_35FEA7004772AFA77E235830A761E408_label_en-US" xlink:label="lab_stt_DerivativeCollateralRighttoReclaimSecuritiesandCash_35FEA7004772AFA77E235830A761E408" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Collateral, Right to Reclaim Securities and Cash </link:label>

<link:label id="lab_stt_DerivativeCollateralRighttoReclaimSecuritiesandCash_35FEA7004772AFA77E235830A761E408_documentation_en-US" xlink:label="lab_stt_DerivativeCollateralRighttoReclaimSecuritiesandCash_35FEA7004772AFA77E235830A761E408" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivative, Collateral, Right to Reclaim Securities and Cash </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_DerivativeCollateralRighttoReclaimSecuritiesandCash" xlink:label="loc_stt_DerivativeCollateralRighttoReclaimSecuritiesandCash_35FEA7004772AFA77E235830A761E408" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_DerivativeCollateralRighttoReclaimSecuritiesandCash_35FEA7004772AFA77E235830A761E408" xlink:to="lab_stt_DerivativeCollateralRighttoReclaimSecuritiesandCash_35FEA7004772AFA77E235830A761E408" xlink:type="arc"/>

<link:label id="lab_stt_DerivativeCollateralRighttoReclaimSecuritiesandCashNetofOffset_D65E52213F9D35DAA42C5830A7618B81_negatedTotalLabel_en-US" xlink:label="lab_stt_DerivativeCollateralRighttoReclaimSecuritiesandCashNetofOffset_D65E52213F9D35DAA42C5830A7618B81" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US"> Derivatives, Cash and collateral securities netting, Net </link:label>

<link:label id="lab_stt_DerivativeCollateralRighttoReclaimSecuritiesandCashNetofOffset_D65E52213F9D35DAA42C5830A7618B81_label_en-US" xlink:label="lab_stt_DerivativeCollateralRighttoReclaimSecuritiesandCashNetofOffset_D65E52213F9D35DAA42C5830A7618B81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Collateral, Right to Reclaim Securities and Cash, Net of Offset </link:label>

<link:label id="lab_stt_DerivativeCollateralRighttoReclaimSecuritiesandCashNetofOffset_D65E52213F9D35DAA42C5830A7618B81_documentation_en-US" xlink:label="lab_stt_DerivativeCollateralRighttoReclaimSecuritiesandCashNetofOffset_D65E52213F9D35DAA42C5830A7618B81" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivative, Collateral, Right to Reclaim Securities and Cash, Net of Offset </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_DerivativeCollateralRighttoReclaimSecuritiesandCashNetofOffset" xlink:label="loc_stt_DerivativeCollateralRighttoReclaimSecuritiesandCashNetofOffset_D65E52213F9D35DAA42C5830A7618B81" xlink:type="locator"/>

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<link:label id="lab_stt_ReverseRepurchaseAgreementsAndSecuritiesBorrowingFairValueGrossLiability_ACB0CF58DF663863D2A05830A76654E5_terseLabel_en-US" xlink:label="lab_stt_ReverseRepurchaseAgreementsAndSecuritiesBorrowingFairValueGrossLiability_ACB0CF58DF663863D2A05830A76654E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Resale agreements and securities lending, Gross Amounts of Recognized Liabilities(1)(2) </link:label>

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<link:label id="lab_stt_SeriesFPreferredStockDepositoryShareMember_3F5580055AAE282EB31299FE6E1BF770_documentation_en-US" xlink:label="lab_stt_SeriesFPreferredStockDepositoryShareMember_3F5580055AAE282EB31299FE6E1BF770" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series F Preferred Stock, Depository Share [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_SeriesFPreferredStockDepositoryShareMember" xlink:label="loc_stt_SeriesFPreferredStockDepositoryShareMember_3F5580055AAE282EB31299FE6E1BF770" xlink:type="locator"/>

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<link:label id="lab_us-gaap_SeriesFPreferredStockMember_84B3766D3165BEF664B099FE6E1BFE6E_terseLabel_en-US" xlink:label="lab_us-gaap_SeriesFPreferredStockMember_84B3766D3165BEF664B099FE6E1BFE6E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Series F Preferred Stock </link:label>

<link:label id="lab_us-gaap_SeriesFPreferredStockMember_84B3766D3165BEF664B099FE6E1BFE6E_label_en-US" xlink:label="lab_us-gaap_SeriesFPreferredStockMember_84B3766D3165BEF664B099FE6E1BFE6E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series F Preferred Stock [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SeriesFPreferredStockMember" xlink:label="loc_us-gaap_SeriesFPreferredStockMember_84B3766D3165BEF664B099FE6E1BFE6E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SeriesFPreferredStockMember_84B3766D3165BEF664B099FE6E1BFE6E" xlink:to="lab_us-gaap_SeriesFPreferredStockMember_84B3766D3165BEF664B099FE6E1BFE6E" xlink:type="arc"/>

<link:label id="lab_stt_SeriesGPreferredStockDepositoryShareMember_F531F685476BE9F2126599FE6E1BE2A8_terseLabel_en-US" xlink:label="lab_stt_SeriesGPreferredStockDepositoryShareMember_F531F685476BE9F2126599FE6E1BE2A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Series G Preferred Stock, Depository Share </link:label>

<link:label id="lab_stt_SeriesGPreferredStockDepositoryShareMember_F531F685476BE9F2126599FE6E1BE2A8_label_en-US" xlink:label="lab_stt_SeriesGPreferredStockDepositoryShareMember_F531F685476BE9F2126599FE6E1BE2A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series G Preferred Stock, Depository Share [Member] </link:label>

<link:label id="lab_stt_SeriesGPreferredStockDepositoryShareMember_F531F685476BE9F2126599FE6E1BE2A8_documentation_en-US" xlink:label="lab_stt_SeriesGPreferredStockDepositoryShareMember_F531F685476BE9F2126599FE6E1BE2A8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Series G Preferred Stock, Depository Share [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_SeriesGPreferredStockDepositoryShareMember" xlink:label="loc_stt_SeriesGPreferredStockDepositoryShareMember_F531F685476BE9F2126599FE6E1BE2A8" xlink:type="locator"/>

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<link:label id="lab_us-gaap_SeriesGPreferredStockMember_D76FE4270CB8EF96BF9E99FE6E1B1AF7_terseLabel_en-US" xlink:label="lab_us-gaap_SeriesGPreferredStockMember_D76FE4270CB8EF96BF9E99FE6E1B1AF7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Series G Preferred Stock </link:label>

<link:label id="lab_us-gaap_SeriesGPreferredStockMember_D76FE4270CB8EF96BF9E99FE6E1B1AF7_label_en-US" xlink:label="lab_us-gaap_SeriesGPreferredStockMember_D76FE4270CB8EF96BF9E99FE6E1B1AF7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series G Preferred Stock [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SeriesGPreferredStockMember" xlink:label="loc_us-gaap_SeriesGPreferredStockMember_D76FE4270CB8EF96BF9E99FE6E1B1AF7" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SeriesGPreferredStockMember_D76FE4270CB8EF96BF9E99FE6E1B1AF7" xlink:to="lab_us-gaap_SeriesGPreferredStockMember_D76FE4270CB8EF96BF9E99FE6E1B1AF7" xlink:type="arc"/>

<link:label id="lab_us-gaap_ClassOfStockLineItems_6910838339B6D79011AC99FE6E1B9C58_terseLabel_en-US" xlink:label="lab_us-gaap_ClassOfStockLineItems_6910838339B6D79011AC99FE6E1B9C58" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Class of Stock [Line Items] </link:label>

<link:label id="lab_us-gaap_ClassOfStockLineItems_6910838339B6D79011AC99FE6E1B9C58_label_en-US" xlink:label="lab_us-gaap_ClassOfStockLineItems_6910838339B6D79011AC99FE6E1B9C58" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Class of Stock [Line Items] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="loc_us-gaap_ClassOfStockLineItems_6910838339B6D79011AC99FE6E1B9C58" xlink:type="locator"/>

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<link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_FBFC0CD737BA0D9C429699FE6E1BEE73_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_FBFC0CD737BA0D9C429699FE6E1BEE73" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Depositary shares issued (shares) </link:label>

<link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_FBFC0CD737BA0D9C429699FE6E1BEE73_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_FBFC0CD737BA0D9C429699FE6E1BEE73" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Shares, New Issues </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_FBFC0CD737BA0D9C429699FE6E1BEE73" xlink:type="locator"/>

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<link:label id="lab_stt_DepositarySharesOwnershipInterestinPreferredStock_E139346B34870B0DD1A299FE6E1C503C_terseLabel_en-US" xlink:label="lab_stt_DepositarySharesOwnershipInterestinPreferredStock_E139346B34870B0DD1A299FE6E1C503C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Ownership Interest Per Depositary Share </link:label>

<link:label id="lab_stt_DepositarySharesOwnershipInterestinPreferredStock_E139346B34870B0DD1A299FE6E1C503C_label_en-US" xlink:label="lab_stt_DepositarySharesOwnershipInterestinPreferredStock_E139346B34870B0DD1A299FE6E1C503C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Depositary Shares, Ownership Interest in Preferred Stock </link:label>

<link:label id="lab_stt_DepositarySharesOwnershipInterestinPreferredStock_E139346B34870B0DD1A299FE6E1C503C_documentation_en-US" xlink:label="lab_stt_DepositarySharesOwnershipInterestinPreferredStock_E139346B34870B0DD1A299FE6E1C503C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Depositary Shares, Ownership Interest in Preferred Stock </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_DepositarySharesOwnershipInterestinPreferredStock" xlink:label="loc_stt_DepositarySharesOwnershipInterestinPreferredStock_E139346B34870B0DD1A299FE6E1C503C" xlink:type="locator"/>

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<link:label id="lab_us-gaap_PreferredStockLiquidationPreference_158FECD5DBA1468AABF699FE6E1CE814_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockLiquidationPreference_158FECD5DBA1468AABF699FE6E1CE814" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liquidation preference per share (USD per share) </link:label>

<link:label id="lab_us-gaap_PreferredStockLiquidationPreference_158FECD5DBA1468AABF699FE6E1CE814_label_en-US" xlink:label="lab_us-gaap_PreferredStockLiquidationPreference_158FECD5DBA1468AABF699FE6E1CE814" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Liquidation Preference Per Share </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockLiquidationPreference" xlink:label="loc_us-gaap_PreferredStockLiquidationPreference_158FECD5DBA1468AABF699FE6E1CE814" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockLiquidationPreference_158FECD5DBA1468AABF699FE6E1CE814" xlink:to="lab_us-gaap_PreferredStockLiquidationPreference_158FECD5DBA1468AABF699FE6E1CE814" xlink:type="arc"/>

<link:label id="lab_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_AC64FC12A7AC15CF67C799FE6E1CC671_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_AC64FC12A7AC15CF67C799FE6E1CC671" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from issuance of preferred stock, net </link:label>

<link:label id="lab_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_AC64FC12A7AC15CF67C799FE6E1CC671_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_AC64FC12A7AC15CF67C799FE6E1CC671" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Issuance of Preferred Stock and Preference Stock </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_AC64FC12A7AC15CF67C799FE6E1CC671" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable_85276743017B4A093AE17A900AA633A3_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable_85276743017B4A093AE17A900AA633A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table] </link:label>

<link:label id="lab_us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable_85276743017B4A093AE17A900AA633A3_label_en-US" xlink:label="lab_us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable_85276743017B4A093AE17A900AA633A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable" xlink:label="loc_us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable_85276743017B4A093AE17A900AA633A3" xlink:type="locator"/>

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<link:label id="lab_stt_UsTreasuryAndFederalAgenciesMortgageBackedSecuritiesMember_C4C7426C05675A2386FB7A900AA7A5C9_verboseLabel_en-US" xlink:label="lab_stt_UsTreasuryAndFederalAgenciesMortgageBackedSecuritiesMember_C4C7426C05675A2386FB7A900AA7A5C9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> MBS and U.S. Treasury Securities </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_UsTreasuryAndFederalAgenciesMortgageBackedSecuritiesMember" xlink:label="loc_stt_UsTreasuryAndFederalAgenciesMortgageBackedSecuritiesMember_C4C7426C05675A2386FB7A900AA7A5C9" xlink:type="locator"/>

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<link:label id="lab_us-gaap_CommercialMortgageBackedSecuritiesMember_2025B2AA1DEE840C908A7A900AA7D041_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialMortgageBackedSecuritiesMember_2025B2AA1DEE840C908A7A900AA7D041" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> U.S. Non-Agency Commercial Mortgage Backed Securities [Member] </link:label>

<link:label id="lab_us-gaap_CommercialMortgageBackedSecuritiesMember_2025B2AA1DEE840C908A7A900AA7D041_label_en-US" xlink:label="lab_us-gaap_CommercialMortgageBackedSecuritiesMember_2025B2AA1DEE840C908A7A900AA7D041" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial Mortgage Backed Securities [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="loc_us-gaap_CommercialMortgageBackedSecuritiesMember_2025B2AA1DEE840C908A7A900AA7D041" xlink:type="locator"/>

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<link:label id="lab_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_2ECE19941E03571510CF7A900AA7EA1D_terseLabel_en-US" xlink:label="lab_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_2ECE19941E03571510CF7A900AA7EA1D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items] </link:label>

<link:label id="lab_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_2ECE19941E03571510CF7A900AA7EA1D_label_en-US" xlink:label="lab_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_2ECE19941E03571510CF7A900AA7EA1D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems" xlink:label="loc_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_2ECE19941E03571510CF7A900AA7EA1D" xlink:type="locator"/>

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<link:label id="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged_719F6407AB820C1066A77A900AA7DD33_terseLabel_en-US" xlink:label="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged_719F6407AB820C1066A77A900AA7DD33" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pledged securities not separately reported </link:label>

<link:label id="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged_719F6407AB820C1066A77A900AA7DD33_label_en-US" xlink:label="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged_719F6407AB820C1066A77A900AA7DD33" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pledged Financial Instruments, Not Separately Reported, Securities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged" xlink:label="loc_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged_719F6407AB820C1066A77A900AA7DD33" xlink:type="locator"/>

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<link:label id="lab_stt_AvailableforsaleSecuritiesSoldSecurityatCarryingValue_1CF2A23F0F3B662FA6BE7A900AA79E36_terseLabel_en-US" xlink:label="lab_stt_AvailableforsaleSecuritiesSoldSecurityatCarryingValue_1CF2A23F0F3B662FA6BE7A900AA79E36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities sold </link:label>

<link:label id="lab_stt_AvailableforsaleSecuritiesSoldSecurityatCarryingValue_1CF2A23F0F3B662FA6BE7A900AA79E36_label_en-US" xlink:label="lab_stt_AvailableforsaleSecuritiesSoldSecurityatCarryingValue_1CF2A23F0F3B662FA6BE7A900AA79E36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Sold Security, at Carrying Value </link:label>

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<link:label id="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses_44D4918C30BD812ED1607A900AA8BFCB_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses_44D4918C30BD812ED1607A900AA8BFCB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss on sale </link:label>

<link:label id="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses_44D4918C30BD812ED1607A900AA8BFCB_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses_44D4918C30BD812ED1607A900AA8BFCB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Gross Realized Losses </link:label>

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<link:label id="lab_us-gaap_ImpairmentOfInvestments_ACEE775E2D9C439BEC777A900AA8805B_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairmentOfInvestments_ACEE775E2D9C439BEC777A900AA8805B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net impairment losses </link:label>

<link:label id="lab_us-gaap_ImpairmentOfInvestments_ACEE775E2D9C439BEC777A900AA8805B_label_en-US" xlink:label="lab_us-gaap_ImpairmentOfInvestments_ACEE775E2D9C439BEC777A900AA8805B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other than Temporary Impairment Losses, Investments </link:label>

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<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTable_6AF7F06E50153AECF9987A8F7A0B5B23_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTable_6AF7F06E50153AECF9987A8F7A0B5B23" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table] </link:label>

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<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_3C9365B6DBC5C81E30167A8F7A0B33B3_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_3C9365B6DBC5C81E30167A8F7A0B33B3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value by Liability Class [Domain] </link:label>

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<link:label id="lab_stt_AccruedExpensesAndOtherLiabilitiesMember_40539A1C670E40C7A2707A8F7A0B237E_terseLabel_en-US" xlink:label="lab_stt_AccruedExpensesAndOtherLiabilitiesMember_40539A1C670E40C7A2707A8F7A0B237E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accrued expenses and other liabilities </link:label>

<link:label id="lab_stt_AccruedExpensesAndOtherLiabilitiesMember_40539A1C670E40C7A2707A8F7A0B237E_label_en-US" xlink:label="lab_stt_AccruedExpensesAndOtherLiabilitiesMember_40539A1C670E40C7A2707A8F7A0B237E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accrued Expenses And Other Liabilities [Member] </link:label>

<link:label id="lab_stt_AccruedExpensesAndOtherLiabilitiesMember_40539A1C670E40C7A2707A8F7A0B237E_documentation_en-US" xlink:label="lab_stt_AccruedExpensesAndOtherLiabilitiesMember_40539A1C670E40C7A2707A8F7A0B237E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Accrued Expenses and Other Liabilities [Member] </link:label>

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<link:label id="lab_us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember_1751EEBB961ABE43815B7A8F7A0C8AD0_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember_1751EEBB961ABE43815B7A8F7A0C8AD0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total derivative instruments </link:label>

<link:label id="lab_us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember_1751EEBB961ABE43815B7A8F7A0C8AD0_label_en-US" xlink:label="lab_us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember_1751EEBB961ABE43815B7A8F7A0C8AD0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Financial Instruments, Liabilities [Member] </link:label>

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<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_DB0FAC747A2B03FE2BBA7A8F7A0C3878_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_DB0FAC747A2B03FE2BBA7A8F7A0C3878" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] </link:label>

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<link:label id="lab_us-gaap_LossContingencyNatureDomain_8C7E4B0952A8A8F3C1667A90077808F6_label_en-US" xlink:label="lab_us-gaap_LossContingencyNatureDomain_8C7E4B0952A8A8F3C1667A90077808F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Nature [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="loc_us-gaap_LossContingencyNatureDomain_8C7E4B0952A8A8F3C1667A90077808F6" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyNatureDomain_8C7E4B0952A8A8F3C1667A90077808F6" xlink:to="lab_us-gaap_LossContingencyNatureDomain_8C7E4B0952A8A8F3C1667A90077808F6" xlink:type="arc"/>

<link:label id="lab_us-gaap_LegalReserveMember_6E5F0C3D3A2841DC34E57A900778F6A3_terseLabel_en-US" xlink:label="lab_us-gaap_LegalReserveMember_6E5F0C3D3A2841DC34E57A900778F6A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Legal Reserve </link:label>

<link:label id="lab_us-gaap_LegalReserveMember_6E5F0C3D3A2841DC34E57A900778F6A3_label_en-US" xlink:label="lab_us-gaap_LegalReserveMember_6E5F0C3D3A2841DC34E57A900778F6A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Legal Reserve [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LegalReserveMember" xlink:label="loc_us-gaap_LegalReserveMember_6E5F0C3D3A2841DC34E57A900778F6A3" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LegalReserveMember_6E5F0C3D3A2841DC34E57A900778F6A3" xlink:to="lab_us-gaap_LegalReserveMember_6E5F0C3D3A2841DC34E57A900778F6A3" xlink:type="arc"/>

<link:label id="lab_us-gaap_UnfavorableRegulatoryActionMember_2191F7DE51BA6BF1F31C7A900778770A_terseLabel_en-US" xlink:label="lab_us-gaap_UnfavorableRegulatoryActionMember_2191F7DE51BA6BF1F31C7A900778770A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Regulatory Matter </link:label>

<link:label id="lab_us-gaap_UnfavorableRegulatoryActionMember_2191F7DE51BA6BF1F31C7A900778770A_label_en-US" xlink:label="lab_us-gaap_UnfavorableRegulatoryActionMember_2191F7DE51BA6BF1F31C7A900778770A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unfavorable Regulatory Action [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnfavorableRegulatoryActionMember" xlink:label="loc_us-gaap_UnfavorableRegulatoryActionMember_2191F7DE51BA6BF1F31C7A900778770A" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnfavorableRegulatoryActionMember_2191F7DE51BA6BF1F31C7A900778770A" xlink:to="lab_us-gaap_UnfavorableRegulatoryActionMember_2191F7DE51BA6BF1F31C7A900778770A" xlink:type="arc"/>

<link:label id="lab_us-gaap_LitigationCaseAxis_1B6738ADDC3DDDA5924E7A9007783FA6_terseLabel_en-US" xlink:label="lab_us-gaap_LitigationCaseAxis_1B6738ADDC3DDDA5924E7A9007783FA6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Litigation Case [Axis] </link:label>

<link:label id="lab_us-gaap_LitigationCaseAxis_1B6738ADDC3DDDA5924E7A9007783FA6_label_en-US" xlink:label="lab_us-gaap_LitigationCaseAxis_1B6738ADDC3DDDA5924E7A9007783FA6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Litigation Case [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LitigationCaseAxis" xlink:label="loc_us-gaap_LitigationCaseAxis_1B6738ADDC3DDDA5924E7A9007783FA6" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LitigationCaseAxis_1B6738ADDC3DDDA5924E7A9007783FA6" xlink:to="lab_us-gaap_LitigationCaseAxis_1B6738ADDC3DDDA5924E7A9007783FA6" xlink:type="arc"/>

<link:label id="lab_us-gaap_LitigationCaseTypeDomain_771C35F5273505D5DACE7A9007787BC4_terseLabel_en-US" xlink:label="lab_us-gaap_LitigationCaseTypeDomain_771C35F5273505D5DACE7A9007787BC4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Litigation Case [Domain] </link:label>

<link:label id="lab_us-gaap_LitigationCaseTypeDomain_771C35F5273505D5DACE7A9007787BC4_label_en-US" xlink:label="lab_us-gaap_LitigationCaseTypeDomain_771C35F5273505D5DACE7A9007787BC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Litigation Case [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LitigationCaseTypeDomain" xlink:label="loc_us-gaap_LitigationCaseTypeDomain_771C35F5273505D5DACE7A9007787BC4" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LitigationCaseTypeDomain_771C35F5273505D5DACE7A9007787BC4" xlink:to="lab_us-gaap_LitigationCaseTypeDomain_771C35F5273505D5DACE7A9007787BC4" xlink:type="arc"/>

<link:label id="lab_stt_TransitionManagementMember_B7C7CB7F7623FA8760747A9007789258_terseLabel_en-US" xlink:label="lab_stt_TransitionManagementMember_B7C7CB7F7623FA8760747A9007789258" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Transition Management </link:label>

<link:label id="lab_stt_TransitionManagementMember_B7C7CB7F7623FA8760747A9007789258_label_en-US" xlink:label="lab_stt_TransitionManagementMember_B7C7CB7F7623FA8760747A9007789258" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Transition Management [Member] </link:label>

<link:label id="lab_stt_TransitionManagementMember_B7C7CB7F7623FA8760747A9007789258_documentation_en-US" xlink:label="lab_stt_TransitionManagementMember_B7C7CB7F7623FA8760747A9007789258" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Transition Management [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_TransitionManagementMember" xlink:label="loc_stt_TransitionManagementMember_B7C7CB7F7623FA8760747A9007789258" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_TransitionManagementMember_B7C7CB7F7623FA8760747A9007789258" xlink:to="lab_stt_TransitionManagementMember_B7C7CB7F7623FA8760747A9007789258" xlink:type="arc"/>

<link:label id="lab_stt_GovExInquiryMember_AF23880CD5B5C1ED120E7A90077D141E_terseLabel_en-US" xlink:label="lab_stt_GovExInquiryMember_AF23880CD5B5C1ED120E7A90077D141E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> GovEx Inquiry </link:label>

<link:label id="lab_stt_GovExInquiryMember_AF23880CD5B5C1ED120E7A90077D141E_label_en-US" xlink:label="lab_stt_GovExInquiryMember_AF23880CD5B5C1ED120E7A90077D141E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> GovEx Inquiry [Member] </link:label>

<link:label id="lab_stt_GovExInquiryMember_AF23880CD5B5C1ED120E7A90077D141E_documentation_en-US" xlink:label="lab_stt_GovExInquiryMember_AF23880CD5B5C1ED120E7A90077D141E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> GovEx Inquiry [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_GovExInquiryMember" xlink:label="loc_stt_GovExInquiryMember_AF23880CD5B5C1ED120E7A90077D141E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_GovExInquiryMember_AF23880CD5B5C1ED120E7A90077D141E" xlink:to="lab_stt_GovExInquiryMember_AF23880CD5B5C1ED120E7A90077D141E" xlink:type="arc"/>

<link:label id="lab_stt_InvoicingMatterMember_2F7D8C2E899A30459FE57A90077D3048_terseLabel_en-US" xlink:label="lab_stt_InvoicingMatterMember_2F7D8C2E899A30459FE57A90077D3048" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Invoicing Matter </link:label>

<link:label id="lab_stt_InvoicingMatterMember_2F7D8C2E899A30459FE57A90077D3048_label_en-US" xlink:label="lab_stt_InvoicingMatterMember_2F7D8C2E899A30459FE57A90077D3048" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Invoicing Matter [Member] </link:label>

<link:label id="lab_stt_InvoicingMatterMember_2F7D8C2E899A30459FE57A90077D3048_documentation_en-US" xlink:label="lab_stt_InvoicingMatterMember_2F7D8C2E899A30459FE57A90077D3048" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Invoicing Matter [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_InvoicingMatterMember" xlink:label="loc_stt_InvoicingMatterMember_2F7D8C2E899A30459FE57A90077D3048" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_InvoicingMatterMember_2F7D8C2E899A30459FE57A90077D3048" xlink:to="lab_stt_InvoicingMatterMember_2F7D8C2E899A30459FE57A90077D3048" xlink:type="arc"/>

<link:label id="lab_us-gaap_RangeAxis_A82E259D654239F03D597AC0E565869E_terseLabel_en-US" xlink:label="lab_us-gaap_RangeAxis_A82E259D654239F03D597AC0E565869E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Range [Axis] </link:label>

<link:label id="lab_us-gaap_RangeAxis_A82E259D654239F03D597AC0E565869E_label_en-US" xlink:label="lab_us-gaap_RangeAxis_A82E259D654239F03D597AC0E565869E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Range [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="loc_us-gaap_RangeAxis_A82E259D654239F03D597AC0E565869E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeAxis_A82E259D654239F03D597AC0E565869E" xlink:to="lab_us-gaap_RangeAxis_A82E259D654239F03D597AC0E565869E" xlink:type="arc"/>

<link:label id="lab_us-gaap_RangeMember_9736B6DF3DC2C3E5E6A77AC0E57DCE24_terseLabel_en-US" xlink:label="lab_us-gaap_RangeMember_9736B6DF3DC2C3E5E6A77AC0E57DCE24" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Range [Domain] </link:label>

<link:label id="lab_us-gaap_RangeMember_9736B6DF3DC2C3E5E6A77AC0E57DCE24_label_en-US" xlink:label="lab_us-gaap_RangeMember_9736B6DF3DC2C3E5E6A77AC0E57DCE24" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Range [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="loc_us-gaap_RangeMember_9736B6DF3DC2C3E5E6A77AC0E57DCE24" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeMember_9736B6DF3DC2C3E5E6A77AC0E57DCE24" xlink:to="lab_us-gaap_RangeMember_9736B6DF3DC2C3E5E6A77AC0E57DCE24" xlink:type="arc"/>

<link:label id="lab_us-gaap_MinimumMember_7C2F9867369895F807437AC1440A7274_terseLabel_en-US" xlink:label="lab_us-gaap_MinimumMember_7C2F9867369895F807437AC1440A7274" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Minimum </link:label>

<link:label id="lab_us-gaap_MinimumMember_7C2F9867369895F807437AC1440A7274_label_en-US" xlink:label="lab_us-gaap_MinimumMember_7C2F9867369895F807437AC1440A7274" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Minimum [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="loc_us-gaap_MinimumMember_7C2F9867369895F807437AC1440A7274" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinimumMember_7C2F9867369895F807437AC1440A7274" xlink:to="lab_us-gaap_MinimumMember_7C2F9867369895F807437AC1440A7274" xlink:type="arc"/>

<link:label id="lab_us-gaap_MaximumMember_F5DD7BA3810229AE094D7AC17055407A_terseLabel_en-US" xlink:label="lab_us-gaap_MaximumMember_F5DD7BA3810229AE094D7AC17055407A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maximum </link:label>

<link:label id="lab_us-gaap_MaximumMember_F5DD7BA3810229AE094D7AC17055407A_label_en-US" xlink:label="lab_us-gaap_MaximumMember_F5DD7BA3810229AE094D7AC17055407A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maximum [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="loc_us-gaap_MaximumMember_F5DD7BA3810229AE094D7AC17055407A" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MaximumMember_F5DD7BA3810229AE094D7AC17055407A" xlink:to="lab_us-gaap_MaximumMember_F5DD7BA3810229AE094D7AC17055407A" xlink:type="arc"/>

<link:label id="lab_us-gaap_LossContingenciesLineItems_8EDF7E83A8AFCE260BC87A90077ED7D7_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingenciesLineItems_8EDF7E83A8AFCE260BC87A90077ED7D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingencies [Line Items] </link:label>

<link:label id="lab_us-gaap_LossContingenciesLineItems_8EDF7E83A8AFCE260BC87A90077ED7D7_label_en-US" xlink:label="lab_us-gaap_LossContingenciesLineItems_8EDF7E83A8AFCE260BC87A90077ED7D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingencies [Line Items] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesLineItems" xlink:label="loc_us-gaap_LossContingenciesLineItems_8EDF7E83A8AFCE260BC87A90077ED7D7" xlink:type="locator"/>

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<link:label id="lab_us-gaap_LossContingencyAccrualAtCarryingValue_B9DB77B3C98D401E3AD37A90077EC768_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyAccrualAtCarryingValue_B9DB77B3C98D401E3AD37A90077EC768" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Legal reserves </link:label>

<link:label id="lab_us-gaap_LossContingencyAccrualAtCarryingValue_B9DB77B3C98D401E3AD37A90077EC768_label_en-US" xlink:label="lab_us-gaap_LossContingencyAccrualAtCarryingValue_B9DB77B3C98D401E3AD37A90077EC768" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency Accrual </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingencyAccrualAtCarryingValue" xlink:label="loc_us-gaap_LossContingencyAccrualAtCarryingValue_B9DB77B3C98D401E3AD37A90077EC768" xlink:type="locator"/>

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<link:label id="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_DCEB53DCD9BC23DDE45A7A90077EDCA2_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_DCEB53DCD9BC23DDE45A7A90077EDCA2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Estimate of possible loss </link:label>

<link:label id="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_DCEB53DCD9BC23DDE45A7A90077EDCA2_label_en-US" xlink:label="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_DCEB53DCD9BC23DDE45A7A90077EDCA2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Estimate of Possible Loss </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingencyEstimateOfPossibleLoss" xlink:label="loc_us-gaap_LossContingencyEstimateOfPossibleLoss_DCEB53DCD9BC23DDE45A7A90077EDCA2" xlink:type="locator"/>

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<link:label id="lab_us-gaap_LitigationSettlementAmount_5E91678AC48C5D477D867A90077EDF2A_terseLabel_en-US" xlink:label="lab_us-gaap_LitigationSettlementAmount_5E91678AC48C5D477D867A90077EDF2A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Settlement, amount </link:label>

<link:label id="lab_us-gaap_LitigationSettlementAmount_5E91678AC48C5D477D867A90077EDF2A_label_en-US" xlink:label="lab_us-gaap_LitigationSettlementAmount_5E91678AC48C5D477D867A90077EDF2A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Litigation Settlement, Amount </link:label>

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<link:label id="lab_us-gaap_SubsidiariesMember_A74CA47FB29DBB9A1983454BA0A4E303_terseLabel_en-US" xlink:label="lab_us-gaap_SubsidiariesMember_A74CA47FB29DBB9A1983454BA0A4E303" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> State Street Bank </link:label>

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<link:label id="lab_stt_RegulatoryCapitalrequirementsforBankingOrganizationsbyImplementationApproachesDomain_F594D103EF512568D80A454BA0A46ADE_terseLabel_en-US" xlink:label="lab_stt_RegulatoryCapitalrequirementsforBankingOrganizationsbyImplementationApproachesDomain_F594D103EF512568D80A454BA0A46ADE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Regulatory Capital requirements for Banking Organizations, by Implementation Approaches [Domain] </link:label>

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<link:label id="lab_stt_BaselIIIAdvancedApproachMember_0668DC605FC183218832454BA0A4D4DE_terseLabel_en-US" xlink:label="lab_stt_BaselIIIAdvancedApproachMember_0668DC605FC183218832454BA0A4D4DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Basel III Advanced Approaches </link:label>

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<link:label id="lab_stt_BaselIIIstandardizedApproachMember_CC57CD7D7DEB478AABAA454BA0A4A79B_terseLabel_en-US" xlink:label="lab_stt_BaselIIIstandardizedApproachMember_CC57CD7D7DEB478AABAA454BA0A4A79B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Basel III Standardized Approach </link:label>

<link:label id="lab_stt_BaselIIIstandardizedApproachMember_CC57CD7D7DEB478AABAA454BA0A4A79B_label_en-US" xlink:label="lab_stt_BaselIIIstandardizedApproachMember_CC57CD7D7DEB478AABAA454BA0A4A79B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Basel III standardized Approach [Member] </link:label>

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<link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_5105EBF21F8D412EA601454BA0A4DAF9_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_5105EBF21F8D412EA601454BA0A4DAF9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Retained Earnings (Accumulated Deficit) </link:label>

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<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsAccumulatedDeficit_5105EBF21F8D412EA601454BA0A4DAF9" xlink:to="lab_us-gaap_RetainedEarningsAccumulatedDeficit_5105EBF21F8D412EA601454BA0A4DAF9" xlink:type="arc"/>

<link:label id="lab_stt_AccumulatedOtherComprehensiveIncomeLossNetofTaxasAdjusted_2FEDD964F1D6139DB24E454BA0A43FD8_terseLabel_en-US" xlink:label="lab_stt_AccumulatedOtherComprehensiveIncomeLossNetofTaxasAdjusted_2FEDD964F1D6139DB24E454BA0A43FD8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated other comprehensive income (loss) </link:label>

<link:label id="lab_stt_AccumulatedOtherComprehensiveIncomeLossNetofTaxasAdjusted_2FEDD964F1D6139DB24E454BA0A43FD8_label_en-US" xlink:label="lab_stt_AccumulatedOtherComprehensiveIncomeLossNetofTaxasAdjusted_2FEDD964F1D6139DB24E454BA0A43FD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss), Net of Tax, as Adjusted </link:label>

<link:label id="lab_stt_AccumulatedOtherComprehensiveIncomeLossNetofTaxasAdjusted_2FEDD964F1D6139DB24E454BA0A43FD8_documentation_en-US" xlink:label="lab_stt_AccumulatedOtherComprehensiveIncomeLossNetofTaxasAdjusted_2FEDD964F1D6139DB24E454BA0A43FD8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss), Net of Tax, as adjusted </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_AccumulatedOtherComprehensiveIncomeLossNetofTaxasAdjusted" xlink:label="loc_stt_AccumulatedOtherComprehensiveIncomeLossNetofTaxasAdjusted_2FEDD964F1D6139DB24E454BA0A43FD8" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_AccumulatedOtherComprehensiveIncomeLossNetofTaxasAdjusted_2FEDD964F1D6139DB24E454BA0A43FD8" xlink:to="lab_stt_AccumulatedOtherComprehensiveIncomeLossNetofTaxasAdjusted_2FEDD964F1D6139DB24E454BA0A43FD8" xlink:type="arc"/>

<link:label id="lab_stt_TreasuryStockValueExcludingPreferredShares_399C2F8FCD9C94BE7C6D454BA0A46DF5_negatedLabel_en-US" xlink:label="lab_stt_TreasuryStockValueExcludingPreferredShares_399C2F8FCD9C94BE7C6D454BA0A46DF5" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Treasury stock, at cost </link:label>

<link:label id="lab_stt_TreasuryStockValueExcludingPreferredShares_399C2F8FCD9C94BE7C6D454BA0A46DF5_label_en-US" xlink:label="lab_stt_TreasuryStockValueExcludingPreferredShares_399C2F8FCD9C94BE7C6D454BA0A46DF5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock Value, Excluding Preferred Shares </link:label>

<link:label id="lab_stt_TreasuryStockValueExcludingPreferredShares_399C2F8FCD9C94BE7C6D454BA0A46DF5_documentation_en-US" xlink:label="lab_stt_TreasuryStockValueExcludingPreferredShares_399C2F8FCD9C94BE7C6D454BA0A46DF5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Treasury Stock Value, Excluding Preferred Shares </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_TreasuryStockValueExcludingPreferredShares" xlink:label="loc_stt_TreasuryStockValueExcludingPreferredShares_399C2F8FCD9C94BE7C6D454BA0A46DF5" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_TreasuryStockValueExcludingPreferredShares_399C2F8FCD9C94BE7C6D454BA0A46DF5" xlink:to="lab_stt_TreasuryStockValueExcludingPreferredShares_399C2F8FCD9C94BE7C6D454BA0A46DF5" xlink:type="arc"/>

<link:label id="lab_stt_StockholdersEquityAttributabletoParentExcludingPreferredSharesAsAdjusted_06DA6EBFBCA93042ECDB454BA0A44A7C_totalLabel_en-US" xlink:label="lab_stt_StockholdersEquityAttributabletoParentExcludingPreferredSharesAsAdjusted_06DA6EBFBCA93042ECDB454BA0A44A7C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total </link:label>

<link:label id="lab_stt_StockholdersEquityAttributabletoParentExcludingPreferredSharesAsAdjusted_06DA6EBFBCA93042ECDB454BA0A44A7C_label_en-US" xlink:label="lab_stt_StockholdersEquityAttributabletoParentExcludingPreferredSharesAsAdjusted_06DA6EBFBCA93042ECDB454BA0A44A7C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity Attributable to Parent, Excluding Preferred Shares, As Adjusted </link:label>

<link:label id="lab_stt_StockholdersEquityAttributabletoParentExcludingPreferredSharesAsAdjusted_06DA6EBFBCA93042ECDB454BA0A44A7C_documentation_en-US" xlink:label="lab_stt_StockholdersEquityAttributabletoParentExcludingPreferredSharesAsAdjusted_06DA6EBFBCA93042ECDB454BA0A44A7C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity Attributable to Parent, Excluding Preferred Shares, As Adjusted </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_StockholdersEquityAttributabletoParentExcludingPreferredSharesAsAdjusted" xlink:label="loc_stt_StockholdersEquityAttributabletoParentExcludingPreferredSharesAsAdjusted_06DA6EBFBCA93042ECDB454BA0A44A7C" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_StockholdersEquityAttributabletoParentExcludingPreferredSharesAsAdjusted_06DA6EBFBCA93042ECDB454BA0A44A7C" xlink:to="lab_stt_StockholdersEquityAttributabletoParentExcludingPreferredSharesAsAdjusted_06DA6EBFBCA93042ECDB454BA0A44A7C" xlink:type="arc"/>

<link:label id="lab_stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesasAdjusted_61B41E51B849A172EE2C454BA0A4B550_negatedTerseLabel_en-US" xlink:label="lab_stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesasAdjusted_61B41E51B849A172EE2C454BA0A4B550" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill and other intangible assets, net of associated deferred tax liabilities </link:label>

<link:label id="lab_stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesasAdjusted_61B41E51B849A172EE2C454BA0A4B550_label_en-US" xlink:label="lab_stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesasAdjusted_61B41E51B849A172EE2C454BA0A4B550" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Risk Based Capital Adjustment, Goodwill and Other Intangible Assets, Net of Associated Deferred Tax Liabilities, as Adjusted </link:label>

<link:label id="lab_stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesasAdjusted_61B41E51B849A172EE2C454BA0A4B550_documentation_en-US" xlink:label="lab_stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesasAdjusted_61B41E51B849A172EE2C454BA0A4B550" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> A risk-based capital adjustment, goodwill and other intangible assets, net of associated deferred tax liabilities, as adjusted </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesasAdjusted" xlink:label="loc_stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesasAdjusted_61B41E51B849A172EE2C454BA0A4B550" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesasAdjusted_61B41E51B849A172EE2C454BA0A4B550" xlink:to="lab_stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesasAdjusted_61B41E51B849A172EE2C454BA0A4B550" xlink:type="arc"/>

<link:label id="lab_stt_RiskBasedCapitalAdjustmentCommonEquityTierOneCapitalOther_1886AE00DC36D2982151454BA0A401B0_terseLabel_en-US" xlink:label="lab_stt_RiskBasedCapitalAdjustmentCommonEquityTierOneCapitalOther_1886AE00DC36D2982151454BA0A401B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other adjustments </link:label>

<link:label id="lab_stt_RiskBasedCapitalAdjustmentCommonEquityTierOneCapitalOther_1886AE00DC36D2982151454BA0A401B0_label_en-US" xlink:label="lab_stt_RiskBasedCapitalAdjustmentCommonEquityTierOneCapitalOther_1886AE00DC36D2982151454BA0A401B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Risk Based Capital Adjustment, Common Equity Tier One Capital, Other </link:label>

<link:label id="lab_stt_RiskBasedCapitalAdjustmentCommonEquityTierOneCapitalOther_1886AE00DC36D2982151454BA0A401B0_documentation_en-US" xlink:label="lab_stt_RiskBasedCapitalAdjustmentCommonEquityTierOneCapitalOther_1886AE00DC36D2982151454BA0A401B0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> A risk-based capital adjustment, common tier one capital, other </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_RiskBasedCapitalAdjustmentCommonEquityTierOneCapitalOther" xlink:label="loc_stt_RiskBasedCapitalAdjustmentCommonEquityTierOneCapitalOther_1886AE00DC36D2982151454BA0A401B0" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_RiskBasedCapitalAdjustmentCommonEquityTierOneCapitalOther_1886AE00DC36D2982151454BA0A401B0" xlink:to="lab_stt_RiskBasedCapitalAdjustmentCommonEquityTierOneCapitalOther_1886AE00DC36D2982151454BA0A401B0" xlink:type="arc"/>

<link:label id="lab_stt_TierOneCommonRiskBasedCapital_450959B50D589B9C776B454BA0A40F07_totalLabel_en-US" xlink:label="lab_stt_TierOneCommonRiskBasedCapital_450959B50D589B9C776B454BA0A40F07" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Common equity tier 1 capital </link:label>

<link:label id="lab_stt_TierOneCommonRiskBasedCapital_450959B50D589B9C776B454BA0A40F07_label_en-US" xlink:label="lab_stt_TierOneCommonRiskBasedCapital_450959B50D589B9C776B454BA0A40F07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Common Risk Based Capital </link:label>

<link:label id="lab_stt_TierOneCommonRiskBasedCapital_450959B50D589B9C776B454BA0A40F07_documentation_en-US" xlink:label="lab_stt_TierOneCommonRiskBasedCapital_450959B50D589B9C776B454BA0A40F07" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Tier one common risk-based capital </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_TierOneCommonRiskBasedCapital" xlink:label="loc_stt_TierOneCommonRiskBasedCapital_450959B50D589B9C776B454BA0A40F07" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_TierOneCommonRiskBasedCapital_450959B50D589B9C776B454BA0A40F07" xlink:to="lab_stt_TierOneCommonRiskBasedCapital_450959B50D589B9C776B454BA0A40F07" xlink:type="arc"/>

<link:label id="lab_us-gaap_PreferredStockValue_667A3105FB8B0CF75BFC454BA0A44E7C_verboseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockValue_667A3105FB8B0CF75BFC454BA0A44E7C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock </link:label>

<link:label id="lab_us-gaap_PreferredStockValue_667A3105FB8B0CF75BFC454BA0A44E7C_label_en-US" xlink:label="lab_us-gaap_PreferredStockValue_667A3105FB8B0CF75BFC454BA0A44E7C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Value, Issued </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="loc_us-gaap_PreferredStockValue_667A3105FB8B0CF75BFC454BA0A44E7C" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockValue_667A3105FB8B0CF75BFC454BA0A44E7C" xlink:to="lab_us-gaap_PreferredStockValue_667A3105FB8B0CF75BFC454BA0A44E7C" xlink:type="arc"/>

<link:label id="lab_stt_TierOneRiskBasedCapitalComponentTrustPreferredCapitalSecuritiesasAdjusted_AD048988D2C0F45656B8454BA0A45BDA_terseLabel_en-US" xlink:label="lab_stt_TierOneRiskBasedCapitalComponentTrustPreferredCapitalSecuritiesasAdjusted_AD048988D2C0F45656B8454BA0A45BDA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trust preferred capital securities subject to phase-out from tier 1 capital </link:label>

<link:label id="lab_stt_TierOneRiskBasedCapitalComponentTrustPreferredCapitalSecuritiesasAdjusted_AD048988D2C0F45656B8454BA0A45BDA_label_en-US" xlink:label="lab_stt_TierOneRiskBasedCapitalComponentTrustPreferredCapitalSecuritiesasAdjusted_AD048988D2C0F45656B8454BA0A45BDA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Risk Based Capital Component, Trust Preferred Capital Securities, as Adjusted </link:label>

<link:label id="lab_stt_TierOneRiskBasedCapitalComponentTrustPreferredCapitalSecuritiesasAdjusted_AD048988D2C0F45656B8454BA0A45BDA_documentation_en-US" xlink:label="lab_stt_TierOneRiskBasedCapitalComponentTrustPreferredCapitalSecuritiesasAdjusted_AD048988D2C0F45656B8454BA0A45BDA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Tier one risk-based capital component, trust preferred capital securities, as adjusted </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_TierOneRiskBasedCapitalComponentTrustPreferredCapitalSecuritiesasAdjusted" xlink:label="loc_stt_TierOneRiskBasedCapitalComponentTrustPreferredCapitalSecuritiesasAdjusted_AD048988D2C0F45656B8454BA0A45BDA" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_TierOneRiskBasedCapitalComponentTrustPreferredCapitalSecuritiesasAdjusted_AD048988D2C0F45656B8454BA0A45BDA" xlink:to="lab_stt_TierOneRiskBasedCapitalComponentTrustPreferredCapitalSecuritiesasAdjusted_AD048988D2C0F45656B8454BA0A45BDA" xlink:type="arc"/>

<link:label id="lab_stt_RiskBasedCapitalAdjustmentTierOneRiskBasedCapitalOther_1E801C35F41756D76BD7454BA0A49980_terseLabel_en-US" xlink:label="lab_stt_RiskBasedCapitalAdjustmentTierOneRiskBasedCapitalOther_1E801C35F41756D76BD7454BA0A49980" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other adjustments </link:label>

<link:label id="lab_stt_RiskBasedCapitalAdjustmentTierOneRiskBasedCapitalOther_1E801C35F41756D76BD7454BA0A49980_label_en-US" xlink:label="lab_stt_RiskBasedCapitalAdjustmentTierOneRiskBasedCapitalOther_1E801C35F41756D76BD7454BA0A49980" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Risk Based Capital Adjustment, Tier One Risk Based Capital, Other </link:label>

<link:label id="lab_stt_RiskBasedCapitalAdjustmentTierOneRiskBasedCapitalOther_1E801C35F41756D76BD7454BA0A49980_documentation_en-US" xlink:label="lab_stt_RiskBasedCapitalAdjustmentTierOneRiskBasedCapitalOther_1E801C35F41756D76BD7454BA0A49980" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> A risk-based capital adjustment, tier one risk based capital, other </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_RiskBasedCapitalAdjustmentTierOneRiskBasedCapitalOther" xlink:label="loc_stt_RiskBasedCapitalAdjustmentTierOneRiskBasedCapitalOther_1E801C35F41756D76BD7454BA0A49980" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_RiskBasedCapitalAdjustmentTierOneRiskBasedCapitalOther_1E801C35F41756D76BD7454BA0A49980" xlink:to="lab_stt_RiskBasedCapitalAdjustmentTierOneRiskBasedCapitalOther_1E801C35F41756D76BD7454BA0A49980" xlink:type="arc"/>

<link:label id="lab_us-gaap_TierOneRiskBasedCapital_710AE2913C9AD394932A454BA0A489E2_totalLabel_en-US" xlink:label="lab_us-gaap_TierOneRiskBasedCapital_710AE2913C9AD394932A454BA0A489E2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Tier 1 capital </link:label>

<link:label id="lab_us-gaap_TierOneRiskBasedCapital_710AE2913C9AD394932A454BA0A489E2_label_en-US" xlink:label="lab_us-gaap_TierOneRiskBasedCapital_710AE2913C9AD394932A454BA0A489E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Risk Based Capital </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TierOneRiskBasedCapital" xlink:label="loc_us-gaap_TierOneRiskBasedCapital_710AE2913C9AD394932A454BA0A489E2" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TierOneRiskBasedCapital_710AE2913C9AD394932A454BA0A489E2" xlink:to="lab_us-gaap_TierOneRiskBasedCapital_710AE2913C9AD394932A454BA0A489E2" xlink:type="arc"/>

<link:label id="lab_stt_TotalCapitalQualifyingSubordinatedLongTermDebt_03A27D8474C46EA8F106454BA0A4022E_negatedTerseLabel_en-US" xlink:label="lab_stt_TotalCapitalQualifyingSubordinatedLongTermDebt_03A27D8474C46EA8F106454BA0A4022E" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Qualifying subordinated long-term debt </link:label>

<link:label id="lab_stt_TotalCapitalQualifyingSubordinatedLongTermDebt_03A27D8474C46EA8F106454BA0A4022E_label_en-US" xlink:label="lab_stt_TotalCapitalQualifyingSubordinatedLongTermDebt_03A27D8474C46EA8F106454BA0A4022E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Capital Qualifying Subordinated Long Term Debt </link:label>

<link:label id="lab_stt_TotalCapitalQualifyingSubordinatedLongTermDebt_03A27D8474C46EA8F106454BA0A4022E_documentation_en-US" xlink:label="lab_stt_TotalCapitalQualifyingSubordinatedLongTermDebt_03A27D8474C46EA8F106454BA0A4022E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Total Capital Qualifying Subordinated Long-Term Debt </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_TotalCapitalQualifyingSubordinatedLongTermDebt" xlink:label="loc_stt_TotalCapitalQualifyingSubordinatedLongTermDebt_03A27D8474C46EA8F106454BA0A4022E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_TotalCapitalQualifyingSubordinatedLongTermDebt_03A27D8474C46EA8F106454BA0A4022E" xlink:to="lab_stt_TotalCapitalQualifyingSubordinatedLongTermDebt_03A27D8474C46EA8F106454BA0A4022E" xlink:type="arc"/>

<link:label id="lab_stt_TotalCapitalTrustPreferredCapitalSecuritiesPhasedOutofTierOneCapital_9BE2B60B46382E6C49DF454BA0A45B41_terseLabel_en-US" xlink:label="lab_stt_TotalCapitalTrustPreferredCapitalSecuritiesPhasedOutofTierOneCapital_9BE2B60B46382E6C49DF454BA0A45B41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trust preferred capital securities phased out of tier 1 capital </link:label>

<link:label id="lab_stt_TotalCapitalTrustPreferredCapitalSecuritiesPhasedOutofTierOneCapital_9BE2B60B46382E6C49DF454BA0A45B41_label_en-US" xlink:label="lab_stt_TotalCapitalTrustPreferredCapitalSecuritiesPhasedOutofTierOneCapital_9BE2B60B46382E6C49DF454BA0A45B41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Capital, Trust Preferred Capital Securities Phased Out of Tier One Capital </link:label>

<link:label id="lab_stt_TotalCapitalTrustPreferredCapitalSecuritiesPhasedOutofTierOneCapital_9BE2B60B46382E6C49DF454BA0A45B41_documentation_en-US" xlink:label="lab_stt_TotalCapitalTrustPreferredCapitalSecuritiesPhasedOutofTierOneCapital_9BE2B60B46382E6C49DF454BA0A45B41" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Total capital, trust preferred capital securities phased out of tier 1 capital </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_TotalCapitalTrustPreferredCapitalSecuritiesPhasedOutofTierOneCapital" xlink:label="loc_stt_TotalCapitalTrustPreferredCapitalSecuritiesPhasedOutofTierOneCapital_9BE2B60B46382E6C49DF454BA0A45B41" xlink:type="locator"/>

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<link:label id="lab_stt_TotalCapitalALLLandOther_29B8F572190FEE63A0C9454BA0A4BD42_negatedTerseLabel_en-US" xlink:label="lab_stt_TotalCapitalALLLandOther_29B8F572190FEE63A0C9454BA0A4BD42" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> ALLL and other </link:label>

<link:label id="lab_stt_TotalCapitalALLLandOther_29B8F572190FEE63A0C9454BA0A4BD42_label_en-US" xlink:label="lab_stt_TotalCapitalALLLandOther_29B8F572190FEE63A0C9454BA0A4BD42" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Capital ALLL and Other </link:label>

<link:label id="lab_stt_TotalCapitalALLLandOther_29B8F572190FEE63A0C9454BA0A4BD42_documentation_en-US" xlink:label="lab_stt_TotalCapitalALLLandOther_29B8F572190FEE63A0C9454BA0A4BD42" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Total Capital Allowance for Loan & Lease Losses & Other </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_TotalCapitalALLLandOther" xlink:label="loc_stt_TotalCapitalALLLandOther_29B8F572190FEE63A0C9454BA0A4BD42" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_TotalCapitalALLLandOther_29B8F572190FEE63A0C9454BA0A4BD42" xlink:to="lab_stt_TotalCapitalALLLandOther_29B8F572190FEE63A0C9454BA0A4BD42" xlink:type="arc"/>

<link:label id="lab_stt_RiskBasedCapitalAdjustmentTotalRiskBasedCapitalOther_8CEF98CD4AA6873CCDF3454BA0A49CF8_terseLabel_en-US" xlink:label="lab_stt_RiskBasedCapitalAdjustmentTotalRiskBasedCapitalOther_8CEF98CD4AA6873CCDF3454BA0A49CF8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other adjustments </link:label>

<link:label id="lab_stt_RiskBasedCapitalAdjustmentTotalRiskBasedCapitalOther_8CEF98CD4AA6873CCDF3454BA0A49CF8_label_en-US" xlink:label="lab_stt_RiskBasedCapitalAdjustmentTotalRiskBasedCapitalOther_8CEF98CD4AA6873CCDF3454BA0A49CF8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Risk Based Capital Adjustment, Total Risk Based Capital, Other </link:label>

<link:label id="lab_stt_RiskBasedCapitalAdjustmentTotalRiskBasedCapitalOther_8CEF98CD4AA6873CCDF3454BA0A49CF8_documentation_en-US" xlink:label="lab_stt_RiskBasedCapitalAdjustmentTotalRiskBasedCapitalOther_8CEF98CD4AA6873CCDF3454BA0A49CF8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> A risk-based capital adjustment, total risk based capital, other </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_RiskBasedCapitalAdjustmentTotalRiskBasedCapitalOther" xlink:label="loc_stt_RiskBasedCapitalAdjustmentTotalRiskBasedCapitalOther_8CEF98CD4AA6873CCDF3454BA0A49CF8" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_RiskBasedCapitalAdjustmentTotalRiskBasedCapitalOther_8CEF98CD4AA6873CCDF3454BA0A49CF8" xlink:to="lab_stt_RiskBasedCapitalAdjustmentTotalRiskBasedCapitalOther_8CEF98CD4AA6873CCDF3454BA0A49CF8" xlink:type="arc"/>

<link:label id="lab_us-gaap_Capital_410898833D08EA699DBF454BA0A417F5_totalLabel_en-US" xlink:label="lab_us-gaap_Capital_410898833D08EA699DBF454BA0A417F5" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total capital </link:label>

<link:label id="lab_us-gaap_Capital_410898833D08EA699DBF454BA0A417F5_label_en-US" xlink:label="lab_us-gaap_Capital_410898833D08EA699DBF454BA0A417F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Capital" xlink:label="loc_us-gaap_Capital_410898833D08EA699DBF454BA0A417F5" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Capital_410898833D08EA699DBF454BA0A417F5" xlink:to="lab_us-gaap_Capital_410898833D08EA699DBF454BA0A417F5" xlink:type="arc"/>

<link:label id="lab_stt_RiskWeightedAssetsCreditRisk_A63267E2BD65F545A2C3454BA0A45B84_terseLabel_en-US" xlink:label="lab_stt_RiskWeightedAssetsCreditRisk_A63267E2BD65F545A2C3454BA0A45B84" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit risk </link:label>

<link:label id="lab_stt_RiskWeightedAssetsCreditRisk_A63267E2BD65F545A2C3454BA0A45B84_label_en-US" xlink:label="lab_stt_RiskWeightedAssetsCreditRisk_A63267E2BD65F545A2C3454BA0A45B84" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Risk Weighted Assets, Credit Risk </link:label>

<link:label id="lab_stt_RiskWeightedAssetsCreditRisk_A63267E2BD65F545A2C3454BA0A45B84_documentation_en-US" xlink:label="lab_stt_RiskWeightedAssetsCreditRisk_A63267E2BD65F545A2C3454BA0A45B84" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Risk-weighted assets - credit risk </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_RiskWeightedAssetsCreditRisk" xlink:label="loc_stt_RiskWeightedAssetsCreditRisk_A63267E2BD65F545A2C3454BA0A45B84" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_RiskWeightedAssetsCreditRisk_A63267E2BD65F545A2C3454BA0A45B84" xlink:to="lab_stt_RiskWeightedAssetsCreditRisk_A63267E2BD65F545A2C3454BA0A45B84" xlink:type="arc"/>

<link:label id="lab_stt_RiskWeightedAssetsOperationalRisk_60DFC5E683BB27459C7A454BA0A4E981_terseLabel_en-US" xlink:label="lab_stt_RiskWeightedAssetsOperationalRisk_60DFC5E683BB27459C7A454BA0A4E981" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operational risk(4) </link:label>

<link:label id="lab_stt_RiskWeightedAssetsOperationalRisk_60DFC5E683BB27459C7A454BA0A4E981_label_en-US" xlink:label="lab_stt_RiskWeightedAssetsOperationalRisk_60DFC5E683BB27459C7A454BA0A4E981" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Risk Weighted Assets, Operational Risk </link:label>

<link:label id="lab_stt_RiskWeightedAssetsOperationalRisk_60DFC5E683BB27459C7A454BA0A4E981_documentation_en-US" xlink:label="lab_stt_RiskWeightedAssetsOperationalRisk_60DFC5E683BB27459C7A454BA0A4E981" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Risk-weighted assets - operational risk </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_RiskWeightedAssetsOperationalRisk" xlink:label="loc_stt_RiskWeightedAssetsOperationalRisk_60DFC5E683BB27459C7A454BA0A4E981" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_RiskWeightedAssetsOperationalRisk_60DFC5E683BB27459C7A454BA0A4E981" xlink:to="lab_stt_RiskWeightedAssetsOperationalRisk_60DFC5E683BB27459C7A454BA0A4E981" xlink:type="arc"/>

<link:label id="lab_stt_RiskWeightedAssetsMarketRiskEquivalents_D29D5C5F2F74E292C068454BA0A40044_terseLabel_en-US" xlink:label="lab_stt_RiskWeightedAssetsMarketRiskEquivalents_D29D5C5F2F74E292C068454BA0A40044" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Market risk </link:label>

<link:label id="lab_stt_RiskWeightedAssetsMarketRiskEquivalents_D29D5C5F2F74E292C068454BA0A40044_label_en-US" xlink:label="lab_stt_RiskWeightedAssetsMarketRiskEquivalents_D29D5C5F2F74E292C068454BA0A40044" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Risk Weighted Assets, Market Risk Equivalents </link:label>

<link:label id="lab_stt_RiskWeightedAssetsMarketRiskEquivalents_D29D5C5F2F74E292C068454BA0A40044_documentation_en-US" xlink:label="lab_stt_RiskWeightedAssetsMarketRiskEquivalents_D29D5C5F2F74E292C068454BA0A40044" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Risk-weighted assets - market risk equivalents </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_RiskWeightedAssetsMarketRiskEquivalents" xlink:label="loc_stt_RiskWeightedAssetsMarketRiskEquivalents_D29D5C5F2F74E292C068454BA0A40044" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_RiskWeightedAssetsMarketRiskEquivalents_D29D5C5F2F74E292C068454BA0A40044" xlink:to="lab_stt_RiskWeightedAssetsMarketRiskEquivalents_D29D5C5F2F74E292C068454BA0A40044" xlink:type="arc"/>

<link:label id="lab_stt_TotalRiskWeightedAssets_A7FEC95AE16684EE7F4F454BA0A4A0D8_totalLabel_en-US" xlink:label="lab_stt_TotalRiskWeightedAssets_A7FEC95AE16684EE7F4F454BA0A4A0D8" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total risk-weighted assets </link:label>

<link:label id="lab_stt_TotalRiskWeightedAssets_A7FEC95AE16684EE7F4F454BA0A4A0D8_label_en-US" xlink:label="lab_stt_TotalRiskWeightedAssets_A7FEC95AE16684EE7F4F454BA0A4A0D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Risk Weighted Assets </link:label>

<link:label id="lab_stt_TotalRiskWeightedAssets_A7FEC95AE16684EE7F4F454BA0A4A0D8_documentation_en-US" xlink:label="lab_stt_TotalRiskWeightedAssets_A7FEC95AE16684EE7F4F454BA0A4A0D8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Total risk-weighted assets </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_TotalRiskWeightedAssets" xlink:label="loc_stt_TotalRiskWeightedAssets_A7FEC95AE16684EE7F4F454BA0A4A0D8" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_TotalRiskWeightedAssets_A7FEC95AE16684EE7F4F454BA0A4A0D8" xlink:to="lab_stt_TotalRiskWeightedAssets_A7FEC95AE16684EE7F4F454BA0A4A0D8" xlink:type="arc"/>

<link:label id="lab_stt_AdjustedQuarterlyAverageAssets_3146CAC18F22A1E9EE4F454BA0A4AFF0_terseLabel_en-US" xlink:label="lab_stt_AdjustedQuarterlyAverageAssets_3146CAC18F22A1E9EE4F454BA0A4AFF0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Adjusted quarterly average assets </link:label>

<link:label id="lab_stt_AdjustedQuarterlyAverageAssets_3146CAC18F22A1E9EE4F454BA0A4AFF0_label_en-US" xlink:label="lab_stt_AdjustedQuarterlyAverageAssets_3146CAC18F22A1E9EE4F454BA0A4AFF0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjusted Quarterly Average Assets </link:label>

<link:label id="lab_stt_AdjustedQuarterlyAverageAssets_3146CAC18F22A1E9EE4F454BA0A4AFF0_documentation_en-US" xlink:label="lab_stt_AdjustedQuarterlyAverageAssets_3146CAC18F22A1E9EE4F454BA0A4AFF0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Adjusted Quarterly Average Assets </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_AdjustedQuarterlyAverageAssets" xlink:label="loc_stt_AdjustedQuarterlyAverageAssets_3146CAC18F22A1E9EE4F454BA0A4AFF0" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_AdjustedQuarterlyAverageAssets_3146CAC18F22A1E9EE4F454BA0A4AFF0" xlink:to="lab_stt_AdjustedQuarterlyAverageAssets_3146CAC18F22A1E9EE4F454BA0A4AFF0" xlink:type="arc"/>

<link:label id="lab_stt_TierOneCommonRiskBasedCapitalRequiredforCapitalAdequacytoRiskWeightedAssets_ADBBE8F8A2C418EFE81D454BA0A4AB9C_terseLabel_en-US" xlink:label="lab_stt_TierOneCommonRiskBasedCapitalRequiredforCapitalAdequacytoRiskWeightedAssets_ADBBE8F8A2C418EFE81D454BA0A4AB9C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital ratio: required common equity tier 1 capital </link:label>

<link:label id="lab_stt_TierOneCommonRiskBasedCapitalRequiredforCapitalAdequacytoRiskWeightedAssets_ADBBE8F8A2C418EFE81D454BA0A4AB9C_label_en-US" xlink:label="lab_stt_TierOneCommonRiskBasedCapitalRequiredforCapitalAdequacytoRiskWeightedAssets_ADBBE8F8A2C418EFE81D454BA0A4AB9C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Common Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets </link:label>

<link:label id="lab_stt_TierOneCommonRiskBasedCapitalRequiredforCapitalAdequacytoRiskWeightedAssets_ADBBE8F8A2C418EFE81D454BA0A4AB9C_documentation_en-US" xlink:label="lab_stt_TierOneCommonRiskBasedCapitalRequiredforCapitalAdequacytoRiskWeightedAssets_ADBBE8F8A2C418EFE81D454BA0A4AB9C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The minimum Tier One Common Capital Ratio (Tier one common capital divided by risk-weighted assets) required for capital adequacy purposes under the regulatory framework for prompt corrective action. </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_TierOneCommonRiskBasedCapitalRequiredforCapitalAdequacytoRiskWeightedAssets" xlink:label="loc_stt_TierOneCommonRiskBasedCapitalRequiredforCapitalAdequacytoRiskWeightedAssets_ADBBE8F8A2C418EFE81D454BA0A4AB9C" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_TierOneCommonRiskBasedCapitalRequiredforCapitalAdequacytoRiskWeightedAssets_ADBBE8F8A2C418EFE81D454BA0A4AB9C" xlink:to="lab_stt_TierOneCommonRiskBasedCapitalRequiredforCapitalAdequacytoRiskWeightedAssets_ADBBE8F8A2C418EFE81D454BA0A4AB9C" xlink:type="arc"/>

<link:label id="lab_stt_TierOneCommonRiskBasedCapitaltoTotalRiskWeightedAssets_A422E12D4FB6AAB091E6454BA0A436E1_terseLabel_en-US" xlink:label="lab_stt_TierOneCommonRiskBasedCapitaltoTotalRiskWeightedAssets_A422E12D4FB6AAB091E6454BA0A436E1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common equity tier 1 capital </link:label>

<link:label id="lab_stt_TierOneCommonRiskBasedCapitaltoTotalRiskWeightedAssets_A422E12D4FB6AAB091E6454BA0A436E1_label_en-US" xlink:label="lab_stt_TierOneCommonRiskBasedCapitaltoTotalRiskWeightedAssets_A422E12D4FB6AAB091E6454BA0A436E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Common Risk Based Capital to Total Risk Weighted Assets </link:label>

<link:label id="lab_stt_TierOneCommonRiskBasedCapitaltoTotalRiskWeightedAssets_A422E12D4FB6AAB091E6454BA0A436E1_documentation_en-US" xlink:label="lab_stt_TierOneCommonRiskBasedCapitaltoTotalRiskWeightedAssets_A422E12D4FB6AAB091E6454BA0A436E1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Tier one common risk-based capital to total risk-weighted assets </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_TierOneCommonRiskBasedCapitaltoTotalRiskWeightedAssets" xlink:label="loc_stt_TierOneCommonRiskBasedCapitaltoTotalRiskWeightedAssets_A422E12D4FB6AAB091E6454BA0A436E1" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_TierOneCommonRiskBasedCapitaltoTotalRiskWeightedAssets_A422E12D4FB6AAB091E6454BA0A436E1" xlink:to="lab_stt_TierOneCommonRiskBasedCapitaltoTotalRiskWeightedAssets_A422E12D4FB6AAB091E6454BA0A436E1" xlink:type="arc"/>

<link:label id="lab_us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets_2D6A8463A22558B27C06454BA0A4DA19_terseLabel_en-US" xlink:label="lab_us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets_2D6A8463A22558B27C06454BA0A4DA19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital ratio: required tier 1 capital </link:label>

<link:label id="lab_us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets_2D6A8463A22558B27C06454BA0A4DA19_label_en-US" xlink:label="lab_us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets_2D6A8463A22558B27C06454BA0A4DA19" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets" xlink:label="loc_us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets_2D6A8463A22558B27C06454BA0A4DA19" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets_2D6A8463A22558B27C06454BA0A4DA19" xlink:to="lab_us-gaap_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets_2D6A8463A22558B27C06454BA0A4DA19" xlink:type="arc"/>

<link:label id="lab_us-gaap_TierOneRiskBasedCapitalToRiskWeightedAssets_D5303AED9F2D17AD3735454BA0A41F56_terseLabel_en-US" xlink:label="lab_us-gaap_TierOneRiskBasedCapitalToRiskWeightedAssets_D5303AED9F2D17AD3735454BA0A41F56" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tier 1 capital </link:label>

<link:label id="lab_us-gaap_TierOneRiskBasedCapitalToRiskWeightedAssets_D5303AED9F2D17AD3735454BA0A41F56_label_en-US" xlink:label="lab_us-gaap_TierOneRiskBasedCapitalToRiskWeightedAssets_D5303AED9F2D17AD3735454BA0A41F56" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Risk Based Capital to Risk Weighted Assets </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TierOneRiskBasedCapitalToRiskWeightedAssets" xlink:label="loc_us-gaap_TierOneRiskBasedCapitalToRiskWeightedAssets_D5303AED9F2D17AD3735454BA0A41F56" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TierOneRiskBasedCapitalToRiskWeightedAssets_D5303AED9F2D17AD3735454BA0A41F56" xlink:to="lab_us-gaap_TierOneRiskBasedCapitalToRiskWeightedAssets_D5303AED9F2D17AD3735454BA0A41F56" xlink:type="arc"/>

<link:label id="lab_us-gaap_CapitalRequiredForCapitalAdequacyToRiskWeightedAssets_9C950870C234DF51E29A454BA0A45DCD_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalRequiredForCapitalAdequacyToRiskWeightedAssets_9C950870C234DF51E29A454BA0A45DCD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital ratio: required total capital </link:label>

<link:label id="lab_us-gaap_CapitalRequiredForCapitalAdequacyToRiskWeightedAssets_9C950870C234DF51E29A454BA0A45DCD_label_en-US" xlink:label="lab_us-gaap_CapitalRequiredForCapitalAdequacyToRiskWeightedAssets_9C950870C234DF51E29A454BA0A45DCD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Required for Capital Adequacy to Risk Weighted Assets </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CapitalRequiredForCapitalAdequacyToRiskWeightedAssets" xlink:label="loc_us-gaap_CapitalRequiredForCapitalAdequacyToRiskWeightedAssets_9C950870C234DF51E29A454BA0A45DCD" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalRequiredForCapitalAdequacyToRiskWeightedAssets_9C950870C234DF51E29A454BA0A45DCD" xlink:to="lab_us-gaap_CapitalRequiredForCapitalAdequacyToRiskWeightedAssets_9C950870C234DF51E29A454BA0A45DCD" xlink:type="arc"/>

<link:label id="lab_us-gaap_CapitalToRiskWeightedAssets_C49422565B0EB739945A454BA0A4ED2C_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalToRiskWeightedAssets_C49422565B0EB739945A454BA0A4ED2C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total capital </link:label>

<link:label id="lab_us-gaap_CapitalToRiskWeightedAssets_C49422565B0EB739945A454BA0A4ED2C_label_en-US" xlink:label="lab_us-gaap_CapitalToRiskWeightedAssets_C49422565B0EB739945A454BA0A4ED2C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital to Risk Weighted Assets </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CapitalToRiskWeightedAssets" xlink:label="loc_us-gaap_CapitalToRiskWeightedAssets_C49422565B0EB739945A454BA0A4ED2C" xlink:type="locator"/>

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<link:label id="lab_us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets_595B8746D9A2F4641472454BA0A48D26_terseLabel_en-US" xlink:label="lab_us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets_595B8746D9A2F4641472454BA0A48D26" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital ratio: required tier 1 leverage </link:label>

<link:label id="lab_us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets_595B8746D9A2F4641472454BA0A48D26_label_en-US" xlink:label="lab_us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets_595B8746D9A2F4641472454BA0A48D26" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Leverage Capital Required for Capital Adequacy to Average Assets </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets" xlink:label="loc_us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets_595B8746D9A2F4641472454BA0A48D26" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets_595B8746D9A2F4641472454BA0A48D26" xlink:to="lab_us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets_595B8746D9A2F4641472454BA0A48D26" xlink:type="arc"/>

<link:label id="lab_us-gaap_TierOneLeverageCapitalToAverageAssets_B4ADE6213EAE610D2F77454BA0A4B19B_terseLabel_en-US" xlink:label="lab_us-gaap_TierOneLeverageCapitalToAverageAssets_B4ADE6213EAE610D2F77454BA0A4B19B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tier 1 leveraged </link:label>

<link:label id="lab_us-gaap_TierOneLeverageCapitalToAverageAssets_B4ADE6213EAE610D2F77454BA0A4B19B_label_en-US" xlink:label="lab_us-gaap_TierOneLeverageCapitalToAverageAssets_B4ADE6213EAE610D2F77454BA0A4B19B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Leverage Capital to Average Assets </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TierOneLeverageCapitalToAverageAssets" xlink:label="loc_us-gaap_TierOneLeverageCapitalToAverageAssets_B4ADE6213EAE610D2F77454BA0A4B19B" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TierOneLeverageCapitalToAverageAssets_B4ADE6213EAE610D2F77454BA0A4B19B" xlink:to="lab_us-gaap_TierOneLeverageCapitalToAverageAssets_B4ADE6213EAE610D2F77454BA0A4B19B" xlink:type="arc"/>

<link:label id="lab_stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesPercentageofBalanceAllocatedtoOtherIntangibleAssets_39992FACBBD41D55859C454BA0A46D50_terseLabel_en-US" xlink:label="lab_stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesPercentageofBalanceAllocatedtoOtherIntangibleAssets_39992FACBBD41D55859C454BA0A46D50" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage of goodwill and other intangible assets net of associated deferred tax liabilities allocated to other intangible assets </link:label>

<link:label id="lab_stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesPercentageofBalanceAllocatedtoOtherIntangibleAssets_39992FACBBD41D55859C454BA0A46D50_label_en-US" xlink:label="lab_stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesPercentageofBalanceAllocatedtoOtherIntangibleAssets_39992FACBBD41D55859C454BA0A46D50" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Risk Based Capital Adjustment, Goodwill and Other Intangible Assets, Net of Associated Deferred Tax Liabilities, Percentage of Balance Allocated to Other Intangible Assets </link:label>

<link:label id="lab_stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesPercentageofBalanceAllocatedtoOtherIntangibleAssets_39992FACBBD41D55859C454BA0A46D50_documentation_en-US" xlink:label="lab_stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesPercentageofBalanceAllocatedtoOtherIntangibleAssets_39992FACBBD41D55859C454BA0A46D50" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Risk Based Capital Adjustment, Goodwill and Other Intangible Assets, Net of Associated Deferred Tax Liabilities, Percentage of Balance Allocated to Other Intangible Assets </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesPercentageofBalanceAllocatedtoOtherIntangibleAssets" xlink:label="loc_stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesPercentageofBalanceAllocatedtoOtherIntangibleAssets_39992FACBBD41D55859C454BA0A46D50" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesPercentageofBalanceAllocatedtoOtherIntangibleAssets_39992FACBBD41D55859C454BA0A46D50" xlink:to="lab_stt_RiskBasedCapitalAdjustmentGoodwillandOtherIntangibleAssetsNetofAssociatedDeferredTaxLiabilitiesPercentageofBalanceAllocatedtoOtherIntangibleAssets_39992FACBBD41D55859C454BA0A46D50" xlink:type="arc"/>

<link:label id="lab_us-gaap_StatementOfFinancialPositionAbstract_7810B7F492B5F50EA6D2454BA0E24CF8_label_en-US" xlink:label="lab_us-gaap_StatementOfFinancialPositionAbstract_7810B7F492B5F50EA6D2454BA0E24CF8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statement of Financial Position [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaap_StatementOfFinancialPositionAbstract_7810B7F492B5F50EA6D2454BA0E24CF8" xlink:type="locator"/>

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<link:label id="lab_us-gaap_StatementTable_CDC1EA9BF897FF4B07BE454BA0E24BE6_terseLabel_en-US" xlink:label="lab_us-gaap_StatementTable_CDC1EA9BF897FF4B07BE454BA0E24BE6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Statement [Table] </link:label>

<link:label id="lab_us-gaap_StatementTable_CDC1EA9BF897FF4B07BE454BA0E24BE6_label_en-US" xlink:label="lab_us-gaap_StatementTable_CDC1EA9BF897FF4B07BE454BA0E24BE6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statement [Table] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaap_StatementTable_CDC1EA9BF897FF4B07BE454BA0E24BE6" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementTable_CDC1EA9BF897FF4B07BE454BA0E24BE6" xlink:to="lab_us-gaap_StatementTable_CDC1EA9BF897FF4B07BE454BA0E24BE6" xlink:type="arc"/>

<link:label id="lab_us-gaap_StatementLineItems_6A1B6DB51732DB2C493F454BA0E244C5_terseLabel_en-US" xlink:label="lab_us-gaap_StatementLineItems_6A1B6DB51732DB2C493F454BA0E244C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Statement [Line Items] </link:label>

<link:label id="lab_us-gaap_StatementLineItems_6A1B6DB51732DB2C493F454BA0E244C5_label_en-US" xlink:label="lab_us-gaap_StatementLineItems_6A1B6DB51732DB2C493F454BA0E244C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statement [Line Items] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaap_StatementLineItems_6A1B6DB51732DB2C493F454BA0E244C5" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementLineItems_6A1B6DB51732DB2C493F454BA0E244C5" xlink:to="lab_us-gaap_StatementLineItems_6A1B6DB51732DB2C493F454BA0E244C5" xlink:type="arc"/>

<link:label id="lab_us-gaap_AssetsCurrentAbstract_39E3F2FC0812C9AE0AE8454BA0E25379_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsCurrentAbstract_39E3F2FC0812C9AE0AE8454BA0E25379" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Current Assets: </link:label>

<link:label id="lab_us-gaap_AssetsCurrentAbstract_39E3F2FC0812C9AE0AE8454BA0E25379_label_en-US" xlink:label="lab_us-gaap_AssetsCurrentAbstract_39E3F2FC0812C9AE0AE8454BA0E25379" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets, Current [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsCurrentAbstract" xlink:label="loc_us-gaap_AssetsCurrentAbstract_39E3F2FC0812C9AE0AE8454BA0E25379" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsCurrentAbstract_39E3F2FC0812C9AE0AE8454BA0E25379" xlink:to="lab_us-gaap_AssetsCurrentAbstract_39E3F2FC0812C9AE0AE8454BA0E25379" xlink:type="arc"/>

<link:label id="lab_us-gaap_HeldToMaturitySecuritiesFairValue_910819AA5F66BF77F780454BA0E23EB0_verboseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesFairValue_910819AA5F66BF77F780454BA0E23EB0" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Investment securities held-to-maturity, fair value </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesFairValue_910819AA5F66BF77F780454BA0E23EB0" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesFairValue_910819AA5F66BF77F780454BA0E23EB0" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesFairValue_910819AA5F66BF77F780454BA0E23EB0" xlink:type="arc"/>

<link:label id="lab_us-gaap_LoansAndLeasesReceivableAllowance_12E52BB57E2288C94EA2454BA0E2EC35_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowance_12E52BB57E2288C94EA2454BA0E2EC35" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans and leases, allowance for losses </link:label>

<link:label id="lab_us-gaap_LoansAndLeasesReceivableAllowance_12E52BB57E2288C94EA2454BA0E2EC35_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowance_12E52BB57E2288C94EA2454BA0E2EC35" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Allowance </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansAndLeasesReceivableAllowance" xlink:label="loc_us-gaap_LoansAndLeasesReceivableAllowance_12E52BB57E2288C94EA2454BA0E2EC35" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableAllowance_12E52BB57E2288C94EA2454BA0E2EC35" xlink:to="lab_us-gaap_LoansAndLeasesReceivableAllowance_12E52BB57E2288C94EA2454BA0E2EC35" xlink:type="arc"/>

<link:label id="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_BC595382B8A1662DB1E2454BA0E21B6A_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_BC595382B8A1662DB1E2454BA0E21B6A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Premises and equipment, accumulated depreciation </link:label>

<link:label id="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_BC595382B8A1662DB1E2454BA0E21B6A_label_en-US" xlink:label="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_BC595382B8A1662DB1E2454BA0E21B6A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_BC595382B8A1662DB1E2454BA0E21B6A" xlink:type="locator"/>

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<link:label id="lab_us-gaap_StockholdersEquityAbstract_70A54006D880B373561C454BA0E205B6_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityAbstract_70A54006D880B373561C454BA0E205B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity: </link:label>

<link:label id="lab_us-gaap_StockholdersEquityAbstract_70A54006D880B373561C454BA0E205B6_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityAbstract_70A54006D880B373561C454BA0E205B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity Attributable to Parent [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="loc_us-gaap_StockholdersEquityAbstract_70A54006D880B373561C454BA0E205B6" xlink:type="locator"/>

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<link:label id="lab_us-gaap_PreferredStockNoParValue_940DDD79D70D769F3F4A454BA0E2DF8A_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockNoParValue_940DDD79D70D769F3F4A454BA0E2DF8A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock, no par value (in USD per share) </link:label>

<link:label id="lab_us-gaap_PreferredStockNoParValue_940DDD79D70D769F3F4A454BA0E2DF8A_label_en-US" xlink:label="lab_us-gaap_PreferredStockNoParValue_940DDD79D70D769F3F4A454BA0E2DF8A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, No Par Value </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockNoParValue" xlink:label="loc_us-gaap_PreferredStockNoParValue_940DDD79D70D769F3F4A454BA0E2DF8A" xlink:type="locator"/>

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<link:label id="lab_us-gaap_PreferredStockSharesAuthorized_5ACAB7B13BFF99706962454BA0E27480_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesAuthorized_5ACAB7B13BFF99706962454BA0E27480" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock, shares authorized (in shares) </link:label>

<link:label id="lab_us-gaap_PreferredStockSharesAuthorized_5ACAB7B13BFF99706962454BA0E27480_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesAuthorized_5ACAB7B13BFF99706962454BA0E27480" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Shares Authorized </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="loc_us-gaap_PreferredStockSharesAuthorized_5ACAB7B13BFF99706962454BA0E27480" xlink:type="locator"/>

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<link:label id="lab_us-gaap_PreferredStockSharesIssued_25E02B149702A021CBC9454BA0E29DD9_verboseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesIssued_25E02B149702A021CBC9454BA0E29DD9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock, shares issued </link:label>

<link:label id="lab_us-gaap_PreferredStockSharesIssued_25E02B149702A021CBC9454BA0E29DD9_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesIssued_25E02B149702A021CBC9454BA0E29DD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Shares Issued </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="loc_us-gaap_PreferredStockSharesIssued_25E02B149702A021CBC9454BA0E29DD9" xlink:type="locator"/>

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<link:label id="lab_us-gaap_PreferredStockSharesOutstanding_A67AEEFB9604B8D78E80454BA0E2767A_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesOutstanding_A67AEEFB9604B8D78E80454BA0E2767A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock, shares outstanding </link:label>

<link:label id="lab_us-gaap_PreferredStockSharesOutstanding_A67AEEFB9604B8D78E80454BA0E2767A_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesOutstanding_A67AEEFB9604B8D78E80454BA0E2767A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Shares Outstanding </link:label>

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<link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_9D14236B73F5D7B67E0D454BA0E2C5FF_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_9D14236B73F5D7B67E0D454BA0E2C5FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock, par value (in USD per share) </link:label>

<link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_9D14236B73F5D7B67E0D454BA0E2C5FF_label_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_9D14236B73F5D7B67E0D454BA0E2C5FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Par or Stated Value Per Share </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_CommonStockParOrStatedValuePerShare_9D14236B73F5D7B67E0D454BA0E2C5FF" xlink:type="locator"/>

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<link:label id="lab_us-gaap_CommonStockSharesAuthorized_A730AEE4519248A7F781454BA0E24508_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_A730AEE4519248A7F781454BA0E24508" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock, shares authorized </link:label>

<link:label id="lab_us-gaap_CommonStockSharesAuthorized_A730AEE4519248A7F781454BA0E24508_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_A730AEE4519248A7F781454BA0E24508" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Shares Authorized </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaap_CommonStockSharesAuthorized_A730AEE4519248A7F781454BA0E24508" xlink:type="locator"/>

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<link:label id="lab_us-gaap_CommonStockSharesIssued_F6723ABBD7927688BCF2454BA0E2BAD7_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_F6723ABBD7927688BCF2454BA0E2BAD7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock, shares issued </link:label>

<link:label id="lab_us-gaap_CommonStockSharesIssued_F6723ABBD7927688BCF2454BA0E2BAD7_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_F6723ABBD7927688BCF2454BA0E2BAD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Shares, Issued </link:label>

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<link:label id="lab_us-gaap_TreasuryStockShares_C410DC898ADA90F4546B454BA0E26373_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockShares_C410DC898ADA90F4546B454BA0E26373" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Treasury stock, shares </link:label>

<link:label id="lab_us-gaap_TreasuryStockShares_C410DC898ADA90F4546B454BA0E26373_label_en-US" xlink:label="lab_us-gaap_TreasuryStockShares_C410DC898ADA90F4546B454BA0E26373" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock, Shares </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="loc_us-gaap_TreasuryStockShares_C410DC898ADA90F4546B454BA0E26373" xlink:type="locator"/>

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<link:label id="lab_us-gaap_LossContingenciesTable_AD930DF8C243117E2D7C454BA1D8339C_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingenciesTable_AD930DF8C243117E2D7C454BA1D8339C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingencies [Table] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="loc_us-gaap_LossContingenciesTable_AD930DF8C243117E2D7C454BA1D8339C" xlink:type="locator"/>

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<link:label id="lab_stt_UnfundedCommitmentsToExtendCreditShortTerm_A8FD6389E89B2566C12A454BA1D81CC3_terseLabel_en-US" xlink:label="lab_stt_UnfundedCommitmentsToExtendCreditShortTerm_A8FD6389E89B2566C12A454BA1D81CC3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unfunded commitments to extend credit, short term </link:label>

<link:label id="lab_stt_UnfundedCommitmentsToExtendCreditShortTerm_A8FD6389E89B2566C12A454BA1D81CC3_label_en-US" xlink:label="lab_stt_UnfundedCommitmentsToExtendCreditShortTerm_A8FD6389E89B2566C12A454BA1D81CC3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unfunded Commitments To Extend Credit Short Term </link:label>

<link:label id="lab_stt_UnfundedCommitmentsToExtendCreditShortTerm_A8FD6389E89B2566C12A454BA1D81CC3_documentation_en-US" xlink:label="lab_stt_UnfundedCommitmentsToExtendCreditShortTerm_A8FD6389E89B2566C12A454BA1D81CC3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Unfunded commitments to extend credit, short term. </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_UnfundedCommitmentsToExtendCreditShortTerm" xlink:label="loc_stt_UnfundedCommitmentsToExtendCreditShortTerm_A8FD6389E89B2566C12A454BA1D81CC3" xlink:type="locator"/>

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<link:label id="lab_stt_UnfundedCommitmenttoExtendCreditTerm_87B5A958FBF413D7B5C9454BA1D8097D_terseLabel_en-US" xlink:label="lab_stt_UnfundedCommitmenttoExtendCreditTerm_87B5A958FBF413D7B5C9454BA1D8097D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Term of unfunded commitment </link:label>

<link:label id="lab_stt_UnfundedCommitmenttoExtendCreditTerm_87B5A958FBF413D7B5C9454BA1D8097D_label_en-US" xlink:label="lab_stt_UnfundedCommitmenttoExtendCreditTerm_87B5A958FBF413D7B5C9454BA1D8097D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unfunded Commitment to Extend Credit, Term </link:label>

<link:label id="lab_stt_UnfundedCommitmenttoExtendCreditTerm_87B5A958FBF413D7B5C9454BA1D8097D_documentation_en-US" xlink:label="lab_stt_UnfundedCommitmenttoExtendCreditTerm_87B5A958FBF413D7B5C9454BA1D8097D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Unfunded Commitment to Extend Credit, Term </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_UnfundedCommitmenttoExtendCreditTerm" xlink:label="loc_stt_UnfundedCommitmenttoExtendCreditTerm_87B5A958FBF413D7B5C9454BA1D8097D" xlink:type="locator"/>

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<link:label id="lab_stt_CashCollateralProvidedForSecuritiesLending_2E2F5BD833CE81B2E5D2454BA1D82B37_terseLabel_en-US" xlink:label="lab_stt_CashCollateralProvidedForSecuritiesLending_2E2F5BD833CE81B2E5D2454BA1D82B37" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash collateral provided for securities lending </link:label>

<link:label id="lab_stt_CashCollateralProvidedForSecuritiesLending_2E2F5BD833CE81B2E5D2454BA1D82B37_label_en-US" xlink:label="lab_stt_CashCollateralProvidedForSecuritiesLending_2E2F5BD833CE81B2E5D2454BA1D82B37" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash collateral provided for securities lending </link:label>

<link:label id="lab_stt_CashCollateralProvidedForSecuritiesLending_2E2F5BD833CE81B2E5D2454BA1D82B37_documentation_en-US" xlink:label="lab_stt_CashCollateralProvidedForSecuritiesLending_2E2F5BD833CE81B2E5D2454BA1D82B37" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Cash Collateral Provided For Securities Lending </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_CashCollateralProvidedForSecuritiesLending" xlink:label="loc_stt_CashCollateralProvidedForSecuritiesLending_2E2F5BD833CE81B2E5D2454BA1D82B37" xlink:type="locator"/>

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<link:label id="lab_stt_SecuritiesFinanceCollateralObligationtoReturnCash_E29A8EFCA99E077F8466454BA1D86ECB_terseLabel_en-US" xlink:label="lab_stt_SecuritiesFinanceCollateralObligationtoReturnCash_E29A8EFCA99E077F8466454BA1D86ECB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash collateral received in connection to securities finance activities </link:label>

<link:label id="lab_stt_SecuritiesFinanceCollateralObligationtoReturnCash_E29A8EFCA99E077F8466454BA1D86ECB_label_en-US" xlink:label="lab_stt_SecuritiesFinanceCollateralObligationtoReturnCash_E29A8EFCA99E077F8466454BA1D86ECB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Finance, Collateral, Obligation to Return Cash </link:label>

<link:label id="lab_stt_SecuritiesFinanceCollateralObligationtoReturnCash_E29A8EFCA99E077F8466454BA1D86ECB_documentation_en-US" xlink:label="lab_stt_SecuritiesFinanceCollateralObligationtoReturnCash_E29A8EFCA99E077F8466454BA1D86ECB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities Finance, Collateral, Obligation to Return Cash </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_SecuritiesFinanceCollateralObligationtoReturnCash" xlink:label="loc_stt_SecuritiesFinanceCollateralObligationtoReturnCash_E29A8EFCA99E077F8466454BA1D86ECB" xlink:type="locator"/>

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<link:label id="lab_us-gaap_OtherExpensesAbstract_E305D683493C6511EF80454BA085BF75_label_en-US" xlink:label="lab_us-gaap_OtherExpensesAbstract_E305D683493C6511EF80454BA085BF75" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Expenses [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherExpensesAbstract" xlink:label="loc_us-gaap_OtherExpensesAbstract_E305D683493C6511EF80454BA085BF75" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ScheduleOfOtherOperatingCostAndExpenseByComponentTextBlock_1DDD304E1AC88A41B34E454BA085717C_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfOtherOperatingCostAndExpenseByComponentTextBlock_1DDD304E1AC88A41B34E454BA085717C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Expenses </link:label>

<link:label id="lab_us-gaap_ScheduleOfOtherOperatingCostAndExpenseByComponentTextBlock_1DDD304E1AC88A41B34E454BA085717C_label_en-US" xlink:label="lab_us-gaap_ScheduleOfOtherOperatingCostAndExpenseByComponentTextBlock_1DDD304E1AC88A41B34E454BA085717C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Other Operating Cost and Expense, by Component [Table Text Block] </link:label>

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<link:label id="lab_us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock_1A452ACD5ADF34C3FA2A454BA08590C4_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock_1A452ACD5ADF34C3FA2A454BA08590C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restructuring and Related Costs </link:label>

<link:label id="lab_us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock_1A452ACD5ADF34C3FA2A454BA08590C4_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock_1A452ACD5ADF34C3FA2A454BA08590C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Restructuring Reserve by Type of Cost [Table Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock" xlink:label="loc_us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock_1A452ACD5ADF34C3FA2A454BA08590C4" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_E47004784E95C906A9DC9A3A1825692F_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_E47004784E95C906A9DC9A3A1825692F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net Loans </link:label>

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<link:label id="lab_us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_739767EA067EAC4896DF9A3A1826E5AA_label_en-US" xlink:label="lab_us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_739767EA067EAC4896DF9A3A1826E5AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Allowance for Credit Losses on Financing Receivables [Table Text Block] </link:label>

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<link:label id="lab_us-gaap_EquityComponentDomain_7252E2B75123FAD712B85BA78AD097E0_label_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_7252E2B75123FAD712B85BA78AD097E0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Component [Domain] </link:label>

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<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_FC44FBD36AF7385E1EC55BA78AD0D38A_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_FC44FBD36AF7385E1EC55BA78AD0D38A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss) </link:label>

<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_FC44FBD36AF7385E1EC55BA78AD0D38A_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_FC44FBD36AF7385E1EC55BA78AD0D38A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> AOCI Attributable to Parent [Member] </link:label>

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<link:label id="lab_us-gaap_AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember_CC19C629ABDFD336F0D65BA78AD0CEEE_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember_CC19C629ABDFD336F0D65BA78AD0CEEE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net Unrealized Gains (Losses) on Cash Flow Hedges </link:label>

<link:label id="lab_us-gaap_AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember_CC19C629ABDFD336F0D65BA78AD0CEEE_label_en-US" xlink:label="lab_us-gaap_AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember_CC19C629ABDFD336F0D65BA78AD0CEEE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember" xlink:label="loc_us-gaap_AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember_CC19C629ABDFD336F0D65BA78AD0CEEE" xlink:type="locator"/>

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<link:label id="lab_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_58CA147973E5CF2055F85BA78AD2A702_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_58CA147973E5CF2055F85BA78AD2A702" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net Unrealized Gains (Losses) on Available-for-Sale Securities </link:label>

<link:label id="lab_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_58CA147973E5CF2055F85BA78AD2A702_label_en-US" xlink:label="lab_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_58CA147973E5CF2055F85BA78AD2A702" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Net Investment Gain (Loss) Attributable to Parent [Member] </link:label>

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<link:label id="lab_stt_AccumulatedNetUnrealizedGainLossOnNetInvestmentHedgingMember_67B299B14EA58027C5125BA78AD2D5F9_terseLabel_en-US" xlink:label="lab_stt_AccumulatedNetUnrealizedGainLossOnNetInvestmentHedgingMember_67B299B14EA58027C5125BA78AD2D5F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net Unrealized Losses on Hedges of Net Investments in Non-U.S. Subsidiaries </link:label>

<link:label id="lab_stt_AccumulatedNetUnrealizedGainLossOnNetInvestmentHedgingMember_67B299B14EA58027C5125BA78AD2D5F9_label_en-US" xlink:label="lab_stt_AccumulatedNetUnrealizedGainLossOnNetInvestmentHedgingMember_67B299B14EA58027C5125BA78AD2D5F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Net Unrealized Gain (Loss) on Net Investment Hedging [Member] </link:label>

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<link:label id="lab_us-gaap_AccumulatedOtherThanTemporaryImpairmentMember_40E2B81FBC106E67BFFE5BA78AD28BFE_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherThanTemporaryImpairmentMember_40E2B81FBC106E67BFFE5BA78AD28BFE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other-Than-Temporary Impairment on Held-to-Maturity Securities </link:label>

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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherThanTemporaryImpairmentMember" xlink:label="loc_us-gaap_AccumulatedOtherThanTemporaryImpairmentMember_40E2B81FBC106E67BFFE5BA78AD28BFE" xlink:type="locator"/>

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<link:label id="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember_D13F7FCF610EE1B81F6D5BA78AD38D86_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember_D13F7FCF610EE1B81F6D5BA78AD38D86" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net Unrealized Losses on Retirement Plans </link:label>

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<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_C6B05E5C8A8EFDF31C235BA78AD31341_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_C6B05E5C8A8EFDF31C235BA78AD31341" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss) [Line Items] </link:label>

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<link:label id="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_370DCF85138A8B26E7673E15D9A5D295_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_370DCF85138A8B26E7673E15D9A5D295" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Finite-Lived Intangible Assets [Table] </link:label>

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<link:label id="lab_stt_InvestmentServicingMember_1FFF5C2147826B7DC4DC3E15D9A5EAEA_terseLabel_en-US" xlink:label="lab_stt_InvestmentServicingMember_1FFF5C2147826B7DC4DC3E15D9A5EAEA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment Servicing </link:label>

<link:label id="lab_stt_InvestmentServicingMember_1FFF5C2147826B7DC4DC3E15D9A5EAEA_label_en-US" xlink:label="lab_stt_InvestmentServicingMember_1FFF5C2147826B7DC4DC3E15D9A5EAEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Servicing [Member] </link:label>

<link:label id="lab_stt_InvestmentServicingMember_1FFF5C2147826B7DC4DC3E15D9A5EAEA_documentation_en-US" xlink:label="lab_stt_InvestmentServicingMember_1FFF5C2147826B7DC4DC3E15D9A5EAEA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Investment Servicing Member </link:label>

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<link:label id="lab_stt_InvestmentManagementMember_33F639E7CEF3B953C6E43E15D9A508FB_terseLabel_en-US" xlink:label="lab_stt_InvestmentManagementMember_33F639E7CEF3B953C6E43E15D9A508FB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment Management </link:label>

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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsLineItems_CA5B8C3498500E90D4883E15D9A5E424_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsLineItems_CA5B8C3498500E90D4883E15D9A5E424" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets [Line Items] </link:label>

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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsRollForward_A1C975D332EED30C8EE53E15D9A5B8E3_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsRollForward_A1C975D332EED30C8EE53E15D9A5B8E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finite-lived Intangible Assets [Roll Forward] </link:label>

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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsNet_001454FA4AC63EA46A1C3E15D9A6E4D3_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsNet_001454FA4AC63EA46A1C3E15D9A6E4D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Net </link:label>

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<link:label id="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_4A2CE04D9C7B9E2CBE2D3E15D9A6CF37_terseLabel_en-US" xlink:label="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_4A2CE04D9C7B9E2CBE2D3E15D9A6CF37" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Acquisitions </link:label>

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<link:label id="lab_us-gaap_IncomeStatementAbstract_B7849428AE9D2F50985A3DBF2076500E_label_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract_B7849428AE9D2F50985A3DBF2076500E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Statement [Abstract] </link:label>

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<link:label id="lab_us-gaap_FeesAndCommissionsFiduciaryAndTrustActivities_283C98EA52D0752DD2EE3DBF20774FF4_terseLabel_en-US" xlink:label="lab_us-gaap_FeesAndCommissionsFiduciaryAndTrustActivities_283C98EA52D0752DD2EE3DBF20774FF4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Servicing fees </link:label>

<link:label id="lab_us-gaap_FeesAndCommissionsFiduciaryAndTrustActivities_283C98EA52D0752DD2EE3DBF20774FF4_label_en-US" xlink:label="lab_us-gaap_FeesAndCommissionsFiduciaryAndTrustActivities_283C98EA52D0752DD2EE3DBF20774FF4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fees and Commissions, Fiduciary and Trust Activities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FeesAndCommissionsFiduciaryAndTrustActivities" xlink:label="loc_us-gaap_FeesAndCommissionsFiduciaryAndTrustActivities_283C98EA52D0752DD2EE3DBF20774FF4" xlink:type="locator"/>

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<link:label id="lab_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_215AB597B568A0349A763DBF20772E57_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_215AB597B568A0349A763DBF20772E57" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Management fees </link:label>

<link:label id="lab_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_215AB597B568A0349A763DBF20772E57_label_en-US" xlink:label="lab_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_215AB597B568A0349A763DBF20772E57" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Advisory, Management and Administrative Fees </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees" xlink:label="loc_us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees_215AB597B568A0349A763DBF20772E57" xlink:type="locator"/>

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<link:label id="lab_stt_TradingServicesRevenue_A95AD48C57C7E281B44C3DBF207750F3_verboseLabel_en-US" xlink:label="lab_stt_TradingServicesRevenue_A95AD48C57C7E281B44C3DBF207750F3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Trading services </link:label>

<link:label id="lab_stt_TradingServicesRevenue_A95AD48C57C7E281B44C3DBF207750F3_label_en-US" xlink:label="lab_stt_TradingServicesRevenue_A95AD48C57C7E281B44C3DBF207750F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Services Revenue </link:label>

<link:label id="lab_stt_TradingServicesRevenue_A95AD48C57C7E281B44C3DBF207750F3_documentation_en-US" xlink:label="lab_stt_TradingServicesRevenue_A95AD48C57C7E281B44C3DBF207750F3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Trading Services Revenue </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_TradingServicesRevenue" xlink:label="loc_stt_TradingServicesRevenue_A95AD48C57C7E281B44C3DBF207750F3" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_TradingServicesRevenue_A95AD48C57C7E281B44C3DBF207750F3" xlink:to="lab_stt_TradingServicesRevenue_A95AD48C57C7E281B44C3DBF207750F3" xlink:type="arc"/>

<link:label id="lab_us-gaap_InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions_1795661DC42F15E33F393DBF2077F4F6_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions_1795661DC42F15E33F393DBF2077F4F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities finance </link:label>

<link:label id="lab_us-gaap_InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions_1795661DC42F15E33F393DBF2077F4F6_label_en-US" xlink:label="lab_us-gaap_InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions_1795661DC42F15E33F393DBF2077F4F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions" xlink:label="loc_us-gaap_InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions_1795661DC42F15E33F393DBF2077F4F6" xlink:type="locator"/>

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<link:label id="lab_us-gaap_FeesAndCommissionsOther_CCEC5A768FF836F2B86B3DBF20779501_terseLabel_en-US" xlink:label="lab_us-gaap_FeesAndCommissionsOther_CCEC5A768FF836F2B86B3DBF20779501" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Processing fees and other </link:label>

<link:label id="lab_us-gaap_FeesAndCommissionsOther_CCEC5A768FF836F2B86B3DBF20779501_label_en-US" xlink:label="lab_us-gaap_FeesAndCommissionsOther_CCEC5A768FF836F2B86B3DBF20779501" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fees and Commissions, Other </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FeesAndCommissionsOther" xlink:label="loc_us-gaap_FeesAndCommissionsOther_CCEC5A768FF836F2B86B3DBF20779501" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FeesAndCommissionsOther_CCEC5A768FF836F2B86B3DBF20779501" xlink:to="lab_us-gaap_FeesAndCommissionsOther_CCEC5A768FF836F2B86B3DBF20779501" xlink:type="arc"/>

<link:label id="lab_us-gaap_FeesAndCommissions_E346D460617D5076D8D23DBF2077895F_totalLabel_en-US" xlink:label="lab_us-gaap_FeesAndCommissions_E346D460617D5076D8D23DBF2077895F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total fee revenue </link:label>

<link:label id="lab_us-gaap_FeesAndCommissions_E346D460617D5076D8D23DBF2077895F_label_en-US" xlink:label="lab_us-gaap_FeesAndCommissions_E346D460617D5076D8D23DBF2077895F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fees and Commissions </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FeesAndCommissions" xlink:label="loc_us-gaap_FeesAndCommissions_E346D460617D5076D8D23DBF2077895F" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FeesAndCommissions_E346D460617D5076D8D23DBF2077895F" xlink:to="lab_us-gaap_FeesAndCommissions_E346D460617D5076D8D23DBF2077895F" xlink:type="arc"/>

<link:label id="lab_us-gaap_InterestIncomeExpenseNetAbstract_4A0DE74FDC5E00767D5D3DBF2077B68E_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseNetAbstract_4A0DE74FDC5E00767D5D3DBF2077B68E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net interest income: </link:label>

<link:label id="lab_us-gaap_InterestIncomeExpenseNetAbstract_4A0DE74FDC5E00767D5D3DBF2077B68E_label_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseNetAbstract_4A0DE74FDC5E00767D5D3DBF2077B68E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income (Expense), Net [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestIncomeExpenseNetAbstract" xlink:label="loc_us-gaap_InterestIncomeExpenseNetAbstract_4A0DE74FDC5E00767D5D3DBF2077B68E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestIncomeExpenseNetAbstract_4A0DE74FDC5E00767D5D3DBF2077B68E" xlink:to="lab_us-gaap_InterestIncomeExpenseNetAbstract_4A0DE74FDC5E00767D5D3DBF2077B68E" xlink:type="arc"/>

<link:label id="lab_us-gaap_InterestIncomeOperating_C90F2423C9B07A399FF53DBF20771AF6_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeOperating_C90F2423C9B07A399FF53DBF20771AF6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest income </link:label>

<link:label id="lab_us-gaap_InterestIncomeOperating_C90F2423C9B07A399FF53DBF20771AF6_label_en-US" xlink:label="lab_us-gaap_InterestIncomeOperating_C90F2423C9B07A399FF53DBF20771AF6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income, Operating </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestIncomeOperating" xlink:label="loc_us-gaap_InterestIncomeOperating_C90F2423C9B07A399FF53DBF20771AF6" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestIncomeOperating_C90F2423C9B07A399FF53DBF20771AF6" xlink:to="lab_us-gaap_InterestIncomeOperating_C90F2423C9B07A399FF53DBF20771AF6" xlink:type="arc"/>

<link:label id="lab_us-gaap_InterestExpense_3AF4EE745113B91A86183DBF20771E97_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpense_3AF4EE745113B91A86183DBF20771E97" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest expense </link:label>

<link:label id="lab_us-gaap_InterestExpense_3AF4EE745113B91A86183DBF20771E97_label_en-US" xlink:label="lab_us-gaap_InterestExpense_3AF4EE745113B91A86183DBF20771E97" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_3AF4EE745113B91A86183DBF20771E97" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpense_3AF4EE745113B91A86183DBF20771E97" xlink:to="lab_us-gaap_InterestExpense_3AF4EE745113B91A86183DBF20771E97" xlink:type="arc"/>

<link:label id="lab_us-gaap_InterestIncomeExpenseNet_E2E591CD9585450E3C143DBF2077BFA0_totalLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseNet_E2E591CD9585450E3C143DBF2077BFA0" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net interest income </link:label>

<link:label id="lab_us-gaap_InterestIncomeExpenseNet_E2E591CD9585450E3C143DBF2077BFA0_label_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseNet_E2E591CD9585450E3C143DBF2077BFA0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income (Expense), Net </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestIncomeExpenseNet" xlink:label="loc_us-gaap_InterestIncomeExpenseNet_E2E591CD9585450E3C143DBF2077BFA0" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestIncomeExpenseNet_E2E591CD9585450E3C143DBF2077BFA0" xlink:to="lab_us-gaap_InterestIncomeExpenseNet_E2E591CD9585450E3C143DBF2077BFA0" xlink:type="arc"/>

<link:label id="lab_us-gaap_MarketableSecuritiesGainLossAbstract_5A8D6C67C49372070B803DBF207720B0_terseLabel_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesGainLossAbstract_5A8D6C67C49372070B803DBF207720B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gains (losses) related to investment securities, net: </link:label>

<link:label id="lab_us-gaap_MarketableSecuritiesGainLossAbstract_5A8D6C67C49372070B803DBF207720B0_label_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesGainLossAbstract_5A8D6C67C49372070B803DBF207720B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Marketable Securities, Gain (Loss) [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MarketableSecuritiesGainLossAbstract" xlink:label="loc_us-gaap_MarketableSecuritiesGainLossAbstract_5A8D6C67C49372070B803DBF207720B0" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MarketableSecuritiesGainLossAbstract_5A8D6C67C49372070B803DBF207720B0" xlink:to="lab_us-gaap_MarketableSecuritiesGainLossAbstract_5A8D6C67C49372070B803DBF207720B0" xlink:type="arc"/>

<link:label id="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds_30A7E2020EA37D22B04F3DBF2077736D_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds_30A7E2020EA37D22B04F3DBF2077736D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gains (losses) from sales of available-for-sale securities, net </link:label>

<link:label id="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds_30A7E2020EA37D22B04F3DBF2077736D_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds_30A7E2020EA37D22B04F3DBF2077736D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Gross Realized Gains (Losses), Sale Proceeds </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds_30A7E2020EA37D22B04F3DBF2077736D" xlink:type="locator"/>

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<link:label id="lab_us-gaap_MarketableSecuritiesGainLoss_41BAA2E988624040BB8C3DBF2077231D_totalLabel_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesGainLoss_41BAA2E988624040BB8C3DBF2077231D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Gains (losses) related to investment securities, net </link:label>

<link:label id="lab_us-gaap_MarketableSecuritiesGainLoss_41BAA2E988624040BB8C3DBF2077231D_label_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesGainLoss_41BAA2E988624040BB8C3DBF2077231D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Marketable Securities, Gain (Loss) </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MarketableSecuritiesGainLoss" xlink:label="loc_us-gaap_MarketableSecuritiesGainLoss_41BAA2E988624040BB8C3DBF2077231D" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MarketableSecuritiesGainLoss_41BAA2E988624040BB8C3DBF2077231D" xlink:to="lab_us-gaap_MarketableSecuritiesGainLoss_41BAA2E988624040BB8C3DBF2077231D" xlink:type="arc"/>

<link:label id="lab_us-gaap_Revenues_CDD248A511CE72A31E6E3DBF20785CAC_totalLabel_en-US" xlink:label="lab_us-gaap_Revenues_CDD248A511CE72A31E6E3DBF20785CAC" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total revenue </link:label>

<link:label id="lab_us-gaap_Revenues_CDD248A511CE72A31E6E3DBF20785CAC_label_en-US" xlink:label="lab_us-gaap_Revenues_CDD248A511CE72A31E6E3DBF20785CAC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Revenues </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_CDD248A511CE72A31E6E3DBF20785CAC" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Revenues_CDD248A511CE72A31E6E3DBF20785CAC" xlink:to="lab_us-gaap_Revenues_CDD248A511CE72A31E6E3DBF20785CAC" xlink:type="arc"/>

<link:label id="lab_us-gaap_ProvisionForLoanAndLeaseLosses_9E4D7C3641147D6E8CFD3DBF207832A9_terseLabel_en-US" xlink:label="lab_us-gaap_ProvisionForLoanAndLeaseLosses_9E4D7C3641147D6E8CFD3DBF207832A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Provision for loan losses </link:label>

<link:label id="lab_us-gaap_ProvisionForLoanAndLeaseLosses_9E4D7C3641147D6E8CFD3DBF207832A9_label_en-US" xlink:label="lab_us-gaap_ProvisionForLoanAndLeaseLosses_9E4D7C3641147D6E8CFD3DBF207832A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Provision for Loan and Lease Losses </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProvisionForLoanAndLeaseLosses" xlink:label="loc_us-gaap_ProvisionForLoanAndLeaseLosses_9E4D7C3641147D6E8CFD3DBF207832A9" xlink:type="locator"/>

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<link:label id="lab_us-gaap_OperatingCostsAndExpensesAbstract_7389513806F71925DA243DBF2078B79F_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingCostsAndExpensesAbstract_7389513806F71925DA243DBF2078B79F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Expenses: </link:label>

<link:label id="lab_us-gaap_OperatingCostsAndExpensesAbstract_7389513806F71925DA243DBF2078B79F_label_en-US" xlink:label="lab_us-gaap_OperatingCostsAndExpensesAbstract_7389513806F71925DA243DBF2078B79F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Costs and Expenses [Abstract] </link:label>

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<link:label id="lab_us-gaap_LaborAndRelatedExpense_BEB4F68D2423D04BE59F3DBF20786F4C_verboseLabel_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_BEB4F68D2423D04BE59F3DBF20786F4C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Compensation and employee benefits </link:label>

<link:label id="lab_us-gaap_LaborAndRelatedExpense_BEB4F68D2423D04BE59F3DBF20786F4C_label_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_BEB4F68D2423D04BE59F3DBF20786F4C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Labor and Related Expense </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="loc_us-gaap_LaborAndRelatedExpense_BEB4F68D2423D04BE59F3DBF20786F4C" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LaborAndRelatedExpense_BEB4F68D2423D04BE59F3DBF20786F4C" xlink:to="lab_us-gaap_LaborAndRelatedExpense_BEB4F68D2423D04BE59F3DBF20786F4C" xlink:type="arc"/>

<link:label id="lab_us-gaap_CommunicationsAndInformationTechnology_962209980E6521DE12B33DBF2078D842_terseLabel_en-US" xlink:label="lab_us-gaap_CommunicationsAndInformationTechnology_962209980E6521DE12B33DBF2078D842" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Information systems and communications </link:label>

<link:label id="lab_us-gaap_CommunicationsAndInformationTechnology_962209980E6521DE12B33DBF2078D842_label_en-US" xlink:label="lab_us-gaap_CommunicationsAndInformationTechnology_962209980E6521DE12B33DBF2078D842" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Communications and Information Technology </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommunicationsAndInformationTechnology" xlink:label="loc_us-gaap_CommunicationsAndInformationTechnology_962209980E6521DE12B33DBF2078D842" xlink:type="locator"/>

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<link:label id="lab_us-gaap_FloorBrokerageExchangeAndClearanceFees_DA3720084F1FAF2100EA3DBF2078CB12_terseLabel_en-US" xlink:label="lab_us-gaap_FloorBrokerageExchangeAndClearanceFees_DA3720084F1FAF2100EA3DBF2078CB12" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Transaction processing services </link:label>

<link:label id="lab_us-gaap_FloorBrokerageExchangeAndClearanceFees_DA3720084F1FAF2100EA3DBF2078CB12_label_en-US" xlink:label="lab_us-gaap_FloorBrokerageExchangeAndClearanceFees_DA3720084F1FAF2100EA3DBF2078CB12" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Floor Brokerage, Exchange and Clearance Fees </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FloorBrokerageExchangeAndClearanceFees" xlink:label="loc_us-gaap_FloorBrokerageExchangeAndClearanceFees_DA3720084F1FAF2100EA3DBF2078CB12" xlink:type="locator"/>

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<link:label id="lab_us-gaap_OccupancyNet_39A68AF9A43A5B4A49653DBF20780E9C_terseLabel_en-US" xlink:label="lab_us-gaap_OccupancyNet_39A68AF9A43A5B4A49653DBF20780E9C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Occupancy </link:label>

<link:label id="lab_us-gaap_OccupancyNet_39A68AF9A43A5B4A49653DBF20780E9C_label_en-US" xlink:label="lab_us-gaap_OccupancyNet_39A68AF9A43A5B4A49653DBF20780E9C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Occupancy, Net </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OccupancyNet" xlink:label="loc_us-gaap_OccupancyNet_39A68AF9A43A5B4A49653DBF20780E9C" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OccupancyNet_39A68AF9A43A5B4A49653DBF20780E9C" xlink:to="lab_us-gaap_OccupancyNet_39A68AF9A43A5B4A49653DBF20780E9C" xlink:type="arc"/>

<link:label id="lab_stt_AcquisitionAndRestructuringCosts_E783B23CC68206311AF33DBF2078F868_terseLabel_en-US" xlink:label="lab_stt_AcquisitionAndRestructuringCosts_E783B23CC68206311AF33DBF2078F868" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Acquisition and restructuring costs </link:label>

<link:label id="lab_stt_AcquisitionAndRestructuringCosts_E783B23CC68206311AF33DBF2078F868_label_en-US" xlink:label="lab_stt_AcquisitionAndRestructuringCosts_E783B23CC68206311AF33DBF2078F868" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Acquisition And Restructuring Costs </link:label>

<link:label id="lab_stt_AcquisitionAndRestructuringCosts_E783B23CC68206311AF33DBF2078F868_documentation_en-US" xlink:label="lab_stt_AcquisitionAndRestructuringCosts_E783B23CC68206311AF33DBF2078F868" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Acquisition-related costs incurred to effect a business combination which costs have been expensed during the period and amount expected to be charged against earning in the current and future periods for the specified restructuring costs. </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_AcquisitionAndRestructuringCosts" xlink:label="loc_stt_AcquisitionAndRestructuringCosts_E783B23CC68206311AF33DBF2078F868" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ProfessionalFees_D08ED8971F56360A6B9B3DBF2078C5DA_terseLabel_en-US" xlink:label="lab_us-gaap_ProfessionalFees_D08ED8971F56360A6B9B3DBF2078C5DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Professional services </link:label>

<link:label id="lab_us-gaap_ProfessionalFees_D08ED8971F56360A6B9B3DBF2078C5DA_label_en-US" xlink:label="lab_us-gaap_ProfessionalFees_D08ED8971F56360A6B9B3DBF2078C5DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Professional Fees </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProfessionalFees" xlink:label="loc_us-gaap_ProfessionalFees_D08ED8971F56360A6B9B3DBF2078C5DA" xlink:type="locator"/>

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<link:label id="lab_us-gaap_AmortizationOfIntangibleAssets_3315496E6DBEB3FED0E23DBF2078172D_terseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfIntangibleAssets_3315496E6DBEB3FED0E23DBF2078172D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amortization of other intangible assets </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AmortizationOfIntangibleAssets" xlink:label="loc_us-gaap_AmortizationOfIntangibleAssets_3315496E6DBEB3FED0E23DBF2078172D" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfIntangibleAssets_3315496E6DBEB3FED0E23DBF2078172D" xlink:to="lab_us-gaap_AmortizationOfIntangibleAssets_3315496E6DBEB3FED0E23DBF2078172D" xlink:type="arc"/>

<link:label id="lab_us-gaap_OtherExpenses_C81926C406B5FA3440EB3DBF2078125A_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherExpenses_C81926C406B5FA3440EB3DBF2078125A" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>

<link:label id="lab_us-gaap_OtherExpenses_C81926C406B5FA3440EB3DBF2078125A_label_en-US" xlink:label="lab_us-gaap_OtherExpenses_C81926C406B5FA3440EB3DBF2078125A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Expenses </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherExpenses" xlink:label="loc_us-gaap_OtherExpenses_C81926C406B5FA3440EB3DBF2078125A" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherExpenses_C81926C406B5FA3440EB3DBF2078125A" xlink:to="lab_us-gaap_OtherExpenses_C81926C406B5FA3440EB3DBF2078125A" xlink:type="arc"/>

<link:label id="lab_us-gaap_NoninterestExpense_AC7FBF47BBB55A5978683DBF2078BAD6_totalLabel_en-US" xlink:label="lab_us-gaap_NoninterestExpense_AC7FBF47BBB55A5978683DBF2078BAD6" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total expenses </link:label>

<link:label id="lab_us-gaap_NoninterestExpense_AC7FBF47BBB55A5978683DBF2078BAD6_label_en-US" xlink:label="lab_us-gaap_NoninterestExpense_AC7FBF47BBB55A5978683DBF2078BAD6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noninterest Expense </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoninterestExpense" xlink:label="loc_us-gaap_NoninterestExpense_AC7FBF47BBB55A5978683DBF2078BAD6" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoninterestExpense_AC7FBF47BBB55A5978683DBF2078BAD6" xlink:to="lab_us-gaap_NoninterestExpense_AC7FBF47BBB55A5978683DBF2078BAD6" xlink:type="arc"/>

<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_9937E69A3FD9FA8F9D6C3DBF2078724A_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_9937E69A3FD9FA8F9D6C3DBF2078724A" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Income before income tax expense </link:label>

<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_9937E69A3FD9FA8F9D6C3DBF2078724A_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_9937E69A3FD9FA8F9D6C3DBF2078724A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_9937E69A3FD9FA8F9D6C3DBF2078724A" xlink:type="locator"/>

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<link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_580D23CDE1AE8120B5393DBF2078385E_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_580D23CDE1AE8120B5393DBF2078385E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income tax expense (benefit) </link:label>

<link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_580D23CDE1AE8120B5393DBF2078385E_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_580D23CDE1AE8120B5393DBF2078385E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Tax Expense (Benefit) </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_580D23CDE1AE8120B5393DBF2078385E" xlink:type="locator"/>

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<link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7BD318DCB2140F51820F3DBF207865ED_negatedLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7BD318DCB2140F51820F3DBF207865ED" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Net income from non-controlling interest </link:label>

<link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7BD318DCB2140F51820F3DBF207865ED_label_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7BD318DCB2140F51820F3DBF207865ED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Income (Loss) Attributable to Noncontrolling Interest </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7BD318DCB2140F51820F3DBF207865ED" xlink:type="locator"/>

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<link:label id="lab_us-gaap_NetIncomeLoss_C7E3447962AC6A4CB0283DBF2079F309_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_C7E3447962AC6A4CB0283DBF2079F309" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net income </link:label>

<link:label id="lab_us-gaap_NetIncomeLoss_C7E3447962AC6A4CB0283DBF2079F309_label_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_C7E3447962AC6A4CB0283DBF2079F309" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Income (Loss) Attributable to Parent </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_C7E3447962AC6A4CB0283DBF2079F309" xlink:type="locator"/>

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<link:label id="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_9E750C681D29DE77B6E63DBF20795EE1_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_9E750C681D29DE77B6E63DBF20795EE1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net income available to common shareholders </link:label>

<link:label id="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_9E750C681D29DE77B6E63DBF20795EE1_label_en-US" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_9E750C681D29DE77B6E63DBF20795EE1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Income (Loss) Available to Common Stockholders, Basic </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_9E750C681D29DE77B6E63DBF20795EE1" xlink:type="locator"/>

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<link:label id="lab_us-gaap_EarningsPerShareAbstract_A6A24D5BCC8054884A8A3DBF207950CB_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareAbstract_A6A24D5BCC8054884A8A3DBF207950CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Earnings per common share: </link:label>

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<link:label id="lab_us-gaap_EarningsPerShareBasic_CB7E026FAE6A538C9E183DBF20794D67_verboseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_CB7E026FAE6A538C9E183DBF20794D67" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Basic (in USD per share) </link:label>

<link:label id="lab_us-gaap_EarningsPerShareBasic_CB7E026FAE6A538C9E183DBF20794D67_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_CB7E026FAE6A538C9E183DBF20794D67" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Earnings Per Share, Basic </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaap_EarningsPerShareBasic_CB7E026FAE6A538C9E183DBF20794D67" xlink:type="locator"/>

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<link:label id="lab_us-gaap_EarningsPerShareDiluted_C75B2D7628154E3A9F113DBF2079A98B_verboseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_C75B2D7628154E3A9F113DBF2079A98B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Diluted (in USD per share) </link:label>

<link:label id="lab_us-gaap_EarningsPerShareDiluted_C75B2D7628154E3A9F113DBF2079A98B_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_C75B2D7628154E3A9F113DBF2079A98B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Earnings Per Share, Diluted </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaap_EarningsPerShareDiluted_C75B2D7628154E3A9F113DBF2079A98B" xlink:type="locator"/>

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<link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_1E3E3BF2C3EA15B3D8CA3DBF207998B9_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_1E3E3BF2C3EA15B3D8CA3DBF207998B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Average common shares outstanding (in thousands): </link:label>

<link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_1E3E3BF2C3EA15B3D8CA3DBF207998B9_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_1E3E3BF2C3EA15B3D8CA3DBF207998B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Weighted Average Number of Shares Outstanding, Diluted [Abstract] </link:label>

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<link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_A105A2C705E8396F4F0B3DBF20794F3A_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_A105A2C705E8396F4F0B3DBF20794F3A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Basic (in shares) </link:label>

<link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_A105A2C705E8396F4F0B3DBF20794F3A_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_A105A2C705E8396F4F0B3DBF20794F3A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Weighted Average Number of Shares Outstanding, Basic </link:label>

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<link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_639FB39F5D7614BED9053DBF2079514B_verboseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_639FB39F5D7614BED9053DBF2079514B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Diluted (in shares) </link:label>

<link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_639FB39F5D7614BED9053DBF2079514B_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_639FB39F5D7614BED9053DBF2079514B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Weighted Average Number of Shares Outstanding, Diluted </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_639FB39F5D7614BED9053DBF2079514B" xlink:type="locator"/>

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<link:label id="lab_us-gaap_CommonStockDividendsPerShareDeclared_17C37B2F36F16F758A093DBF2079764D_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareDeclared_17C37B2F36F16F758A093DBF2079764D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash dividends declared (in USD per share) </link:label>

<link:label id="lab_us-gaap_CommonStockDividendsPerShareDeclared_17C37B2F36F16F758A093DBF2079764D_label_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareDeclared_17C37B2F36F16F758A093DBF2079764D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Dividends, Per Share, Declared </link:label>

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<link:label id="lab_stt_DocumentAndEntityInformationAbstract_503BFC2851DFBE448DCD454BA1E7834A_label_en-US" xlink:label="lab_stt_DocumentAndEntityInformationAbstract_503BFC2851DFBE448DCD454BA1E7834A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Document And Entity Information [Abstract] </link:label>

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<link:label id="lab_dei_EntityRegistrantName_F4CF6933B21FB1E4306E454BA1E7C4C1_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName_F4CF6933B21FB1E4306E454BA1E7C4C1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Entity Registrant Name </link:label>

<link:label id="lab_dei_EntityRegistrantName_F4CF6933B21FB1E4306E454BA1E7C4C1_label_en-US" xlink:label="lab_dei_EntityRegistrantName_F4CF6933B21FB1E4306E454BA1E7C4C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Entity Registrant Name </link:label>

<link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName_F4CF6933B21FB1E4306E454BA1E7C4C1" xlink:type="locator"/>

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<link:label id="lab_dei_EntityCentralIndexKey_6D28986054268126DEA8454BA1E75315_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey_6D28986054268126DEA8454BA1E75315" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Entity Central Index Key </link:label>

<link:label id="lab_dei_EntityCentralIndexKey_6D28986054268126DEA8454BA1E75315_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey_6D28986054268126DEA8454BA1E75315" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Entity Central Index Key </link:label>

<link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey_6D28986054268126DEA8454BA1E75315" xlink:type="locator"/>

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<link:label id="lab_dei_CurrentFiscalYearEndDate_173D8FB2EDFD445BF70B454BA1E7FE6D_terseLabel_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate_173D8FB2EDFD445BF70B454BA1E7FE6D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Current Fiscal Year End Date </link:label>

<link:label id="lab_dei_CurrentFiscalYearEndDate_173D8FB2EDFD445BF70B454BA1E7FE6D_label_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate_173D8FB2EDFD445BF70B454BA1E7FE6D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Current Fiscal Year End Date </link:label>

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<link:label id="lab_dei_EntityFilerCategory_ACA9F93DF39872E43936454BA1E7AAD5_terseLabel_en-US" xlink:label="lab_dei_EntityFilerCategory_ACA9F93DF39872E43936454BA1E7AAD5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Entity Filer Category </link:label>

<link:label id="lab_dei_EntityFilerCategory_ACA9F93DF39872E43936454BA1E7AAD5_label_en-US" xlink:label="lab_dei_EntityFilerCategory_ACA9F93DF39872E43936454BA1E7AAD5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Entity Filer Category </link:label>

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<link:label id="lab_dei_DocumentType_477D2683D3BC1DB7C188454BA1E76D01_terseLabel_en-US" xlink:label="lab_dei_DocumentType_477D2683D3BC1DB7C188454BA1E76D01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Document Type </link:label>

<link:label id="lab_dei_DocumentType_477D2683D3BC1DB7C188454BA1E76D01_label_en-US" xlink:label="lab_dei_DocumentType_477D2683D3BC1DB7C188454BA1E76D01" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Document Type </link:label>

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<link:label id="lab_dei_DocumentPeriodEndDate_B4F50D258DA94F4E8156454BA1E7E2F0_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_B4F50D258DA94F4E8156454BA1E7E2F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Document Period End Date </link:label>

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<link:label id="lab_dei_DocumentFiscalYearFocus_BDD96291E1D70FBA6CCE454BA1E71B8D_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus_BDD96291E1D70FBA6CCE454BA1E71B8D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Document Fiscal Year Focus </link:label>

<link:label id="lab_dei_DocumentFiscalYearFocus_BDD96291E1D70FBA6CCE454BA1E71B8D_label_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus_BDD96291E1D70FBA6CCE454BA1E71B8D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Document Fiscal Year Focus </link:label>

<link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_dei_DocumentFiscalYearFocus_BDD96291E1D70FBA6CCE454BA1E71B8D" xlink:type="locator"/>

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<link:label id="lab_dei_DocumentFiscalPeriodFocus_5F7928B887F5F1F4B60A454BA1E7407E_label_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus_5F7928B887F5F1F4B60A454BA1E7407E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Document Fiscal Period Focus </link:label>

<link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_dei_DocumentFiscalPeriodFocus_5F7928B887F5F1F4B60A454BA1E7407E" xlink:type="locator"/>

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<link:label id="lab_dei_AmendmentFlag_7C8400F33DA7526E9DDF454BA1E7A601_label_en-US" xlink:label="lab_dei_AmendmentFlag_7C8400F33DA7526E9DDF454BA1E7A601" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Amendment Flag </link:label>

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<link:label id="lab_dei_EntityCommonStockSharesOutstanding_6D945B4E745885241D85454BA1E796B8_terseLabel_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding_6D945B4E745885241D85454BA1E796B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Entity Common Stock, Shares Outstanding </link:label>

<link:label id="lab_dei_EntityCommonStockSharesOutstanding_6D945B4E745885241D85454BA1E796B8_label_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding_6D945B4E745885241D85454BA1E796B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Entity Common Stock, Shares Outstanding </link:label>

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<link:label id="lab_us-gaap_StatementOfStockholdersEquityAbstract_C062D612A437453294AFA3BAF0318890_label_en-US" xlink:label="lab_us-gaap_StatementOfStockholdersEquityAbstract_C062D612A437453294AFA3BAF0318890" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statement of Stockholders' Equity [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="loc_us-gaap_StatementOfStockholdersEquityAbstract_C062D612A437453294AFA3BAF0318890" xlink:type="locator"/>

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<link:label id="lab_us-gaap_PreferredStockMember_D9B46112A294B9A0C4B6A3BAF032F793_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockMember_D9B46112A294B9A0C4B6A3BAF032F793" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> PREFERRED STOCK </link:label>

<link:label id="lab_us-gaap_PreferredStockMember_D9B46112A294B9A0C4B6A3BAF032F793_label_en-US" xlink:label="lab_us-gaap_PreferredStockMember_D9B46112A294B9A0C4B6A3BAF032F793" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockMember" xlink:label="loc_us-gaap_PreferredStockMember_D9B46112A294B9A0C4B6A3BAF032F793" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockMember_D9B46112A294B9A0C4B6A3BAF032F793" xlink:to="lab_us-gaap_PreferredStockMember_D9B46112A294B9A0C4B6A3BAF032F793" xlink:type="arc"/>

<link:label id="lab_us-gaap_CommonStockMember_58DB18C133DD1D80F828A3BAF032ED64_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockMember_58DB18C133DD1D80F828A3BAF032ED64" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> COMMON STOCK </link:label>

<link:label id="lab_us-gaap_CommonStockMember_58DB18C133DD1D80F828A3BAF032ED64_label_en-US" xlink:label="lab_us-gaap_CommonStockMember_58DB18C133DD1D80F828A3BAF032ED64" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_58DB18C133DD1D80F828A3BAF032ED64" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockMember_58DB18C133DD1D80F828A3BAF032ED64" xlink:to="lab_us-gaap_CommonStockMember_58DB18C133DD1D80F828A3BAF032ED64" xlink:type="arc"/>

<link:label id="lab_us-gaap_AdditionalPaidInCapitalMember_F5564103B512445C5266A3BAF032A3C8_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_F5564103B512445C5266A3BAF032A3C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Surplus </link:label>

<link:label id="lab_us-gaap_AdditionalPaidInCapitalMember_F5564103B512445C5266A3BAF032A3C8_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_F5564103B512445C5266A3BAF032A3C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Additional Paid-in Capital [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="loc_us-gaap_AdditionalPaidInCapitalMember_F5564103B512445C5266A3BAF032A3C8" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdditionalPaidInCapitalMember_F5564103B512445C5266A3BAF032A3C8" xlink:to="lab_us-gaap_AdditionalPaidInCapitalMember_F5564103B512445C5266A3BAF032A3C8" xlink:type="arc"/>

<link:label id="lab_us-gaap_RetainedEarningsMember_B902841866BADC9FF1D0A3BAF032E131_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_B902841866BADC9FF1D0A3BAF032E131" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Retained Earnings </link:label>

<link:label id="lab_us-gaap_RetainedEarningsMember_B902841866BADC9FF1D0A3BAF032E131_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_B902841866BADC9FF1D0A3BAF032E131" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Retained Earnings [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="loc_us-gaap_RetainedEarningsMember_B902841866BADC9FF1D0A3BAF032E131" xlink:type="locator"/>

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<link:label id="lab_us-gaap_TreasuryStockMember_F068F22EB19F7921E23FA3BAF032EEED_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockMember_F068F22EB19F7921E23FA3BAF032EEED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> TREASURY STOCK </link:label>

<link:label id="lab_us-gaap_TreasuryStockMember_F068F22EB19F7921E23FA3BAF032EEED_label_en-US" xlink:label="lab_us-gaap_TreasuryStockMember_F068F22EB19F7921E23FA3BAF032EEED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockMember" xlink:label="loc_us-gaap_TreasuryStockMember_F068F22EB19F7921E23FA3BAF032EEED" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TreasuryStockMember_F068F22EB19F7921E23FA3BAF032EEED" xlink:to="lab_us-gaap_TreasuryStockMember_F068F22EB19F7921E23FA3BAF032EEED" xlink:type="arc"/>

<link:label id="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2A4DCA43B206D0029E5AA3BAF032FE77_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2A4DCA43B206D0029E5AA3BAF032FE77" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Stockholders' Equity [Roll Forward] </link:label>

<link:label id="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2A4DCA43B206D0029E5AA3BAF032FE77_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2A4DCA43B206D0029E5AA3BAF032FE77" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Stockholders' Equity [Roll Forward] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInStockholdersEquityRollForward" xlink:label="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2A4DCA43B206D0029E5AA3BAF032FE77" xlink:type="locator"/>

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<link:label id="lab_us-gaap_SharesIssued_9B3868A3618644342821A3BAF0338EE6_periodStartLabel_en-US" xlink:label="lab_us-gaap_SharesIssued_9B3868A3618644342821A3BAF0338EE6" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Beginning balance (shares) </link:label>

<link:label id="lab_us-gaap_SharesIssued_9B3868A3618644342821A3BAF0338EE6_label_en-US" xlink:label="lab_us-gaap_SharesIssued_9B3868A3618644342821A3BAF0338EE6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Shares, Issued </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SharesIssued" xlink:label="loc_us-gaap_SharesIssued_9B3868A3618644342821A3BAF0338EE6" xlink:type="locator"/>

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<link:label id="lab_us-gaap_NetIncomeLoss_075535F6CA9E6AAD62C2A3BAF03361F5_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_075535F6CA9E6AAD62C2A3BAF03361F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net income </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_075535F6CA9E6AAD62C2A3BAF03361F5" xlink:type="locator"/>

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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_726B6D96663C7FDCF251A3BAF0333C41_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_726B6D96663C7FDCF251A3BAF0333C41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other comprehensive loss </link:label>

<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_726B6D96663C7FDCF251A3BAF0333C41_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_726B6D96663C7FDCF251A3BAF0333C41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Net of Tax </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_726B6D96663C7FDCF251A3BAF0333C41" xlink:type="locator"/>

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<link:label id="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_9F1461423F8F4F6E13D2A3BAF03316C5_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_9F1461423F8F4F6E13D2A3BAF03316C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock issued </link:label>

<link:label id="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_9F1461423F8F4F6E13D2A3BAF03316C5_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_9F1461423F8F4F6E13D2A3BAF03316C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Value, New Issues </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_9F1461423F8F4F6E13D2A3BAF03316C5" xlink:type="locator"/>

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<link:label id="lab_us-gaap_DividendsCashAbstract_649A5420CF999FC572A2A3BAF0336201_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsCashAbstract_649A5420CF999FC572A2A3BAF0336201" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash dividends declared: </link:label>

<link:label id="lab_us-gaap_DividendsCashAbstract_649A5420CF999FC572A2A3BAF0336201_label_en-US" xlink:label="lab_us-gaap_DividendsCashAbstract_649A5420CF999FC572A2A3BAF0336201" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends, Cash [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DividendsCashAbstract" xlink:label="loc_us-gaap_DividendsCashAbstract_649A5420CF999FC572A2A3BAF0336201" xlink:type="locator"/>

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<link:label id="lab_us-gaap_DividendsCommonStockCash_83EEC20388CBB6978C37A3BAF0339900_negatedLabel_en-US" xlink:label="lab_us-gaap_DividendsCommonStockCash_83EEC20388CBB6978C37A3BAF0339900" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Common stock dividends </link:label>

<link:label id="lab_us-gaap_DividendsCommonStockCash_83EEC20388CBB6978C37A3BAF0339900_label_en-US" xlink:label="lab_us-gaap_DividendsCommonStockCash_83EEC20388CBB6978C37A3BAF0339900" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends, Common Stock, Cash </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DividendsCommonStockCash" xlink:label="loc_us-gaap_DividendsCommonStockCash_83EEC20388CBB6978C37A3BAF0339900" xlink:type="locator"/>

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<link:label id="lab_us-gaap_DividendsPreferredStockCash_F048E8C851B782950324A3BAF0333792_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DividendsPreferredStockCash_F048E8C851B782950324A3BAF0333792" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock cash dividend </link:label>

<link:label id="lab_us-gaap_DividendsPreferredStockCash_F048E8C851B782950324A3BAF0333792_label_en-US" xlink:label="lab_us-gaap_DividendsPreferredStockCash_F048E8C851B782950324A3BAF0333792" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends, Preferred Stock, Cash </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DividendsPreferredStockCash" xlink:label="loc_us-gaap_DividendsPreferredStockCash_F048E8C851B782950324A3BAF0333792" xlink:type="locator"/>

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<link:label id="lab_us-gaap_TreasuryStockValueAcquiredParValueMethod_06E2FABB118952DCCA9AA3BAF0336572_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockValueAcquiredParValueMethod_06E2FABB118952DCCA9AA3BAF0336572" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Common stock acquired </link:label>

<link:label id="lab_us-gaap_TreasuryStockValueAcquiredParValueMethod_06E2FABB118952DCCA9AA3BAF0336572_label_en-US" xlink:label="lab_us-gaap_TreasuryStockValueAcquiredParValueMethod_06E2FABB118952DCCA9AA3BAF0336572" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock, Value, Acquired, Par Value Method </link:label>

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<link:label id="lab_us-gaap_TreasuryStockSharesAcquired_82492C059A9E53E0630BA3BAF0337956_label_en-US" xlink:label="lab_us-gaap_TreasuryStockSharesAcquired_82492C059A9E53E0630BA3BAF0337956" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock, Shares, Acquired </link:label>

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<link:label id="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_A407B46715CBA95D9FD5A3BAF0331940_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_A407B46715CBA95D9FD5A3BAF0331940" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Value, Stock Options Exercised </link:label>

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<link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_E546F0DB1E8A1E680899A3BAF0333D79_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_E546F0DB1E8A1E680899A3BAF0333D79" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period </link:label>

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<link:label id="lab_us-gaap_StockholdersEquityOther_9A3B08FB2E249773AF85A3BAF033E823_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityOther_9A3B08FB2E249773AF85A3BAF033E823" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity, Other </link:label>

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<link:label id="lab_us-gaap_StockholdersEquityOtherShares_13FB964A52AB76B70751A3BAF033D527_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityOtherShares_13FB964A52AB76B70751A3BAF033D527" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity, Other Shares </link:label>

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<link:label id="lab_us-gaap_MarketableSecuritiesTextBlock_1BD63AC4A4A633AAB53B454BA0D3A4E3_terseLabel_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesTextBlock_1BD63AC4A4A633AAB53B454BA0D3A4E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Marketable Securities </link:label>

<link:label id="lab_us-gaap_MarketableSecuritiesTextBlock_1BD63AC4A4A633AAB53B454BA0D3A4E3_label_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesTextBlock_1BD63AC4A4A633AAB53B454BA0D3A4E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Marketable Securities [Table Text Block] </link:label>

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<link:label id="lab_us-gaap_AvailableForSaleSecuritiesTextBlock_EFEA4EBC94DD02630FDB454BA0D3228D_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesTextBlock_EFEA4EBC94DD02630FDB454BA0D3228D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Gross Pre-tax Unrealized Losses on Investment Securities </link:label>

<link:label id="lab_us-gaap_AvailableForSaleSecuritiesTextBlock_EFEA4EBC94DD02630FDB454BA0D3228D_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesTextBlock_EFEA4EBC94DD02630FDB454BA0D3228D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities [Table Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesTextBlock" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesTextBlock_EFEA4EBC94DD02630FDB454BA0D3228D" xlink:type="locator"/>

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<link:label id="lab_us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock_B0D53F9F060E43906D64454BA0D390A2_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock_B0D53F9F060E43906D64454BA0D390A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investments Classified by Contractual Maturity Date </link:label>

<link:label id="lab_us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock_B0D53F9F060E43906D64454BA0D390A2_label_en-US" xlink:label="lab_us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock_B0D53F9F060E43906D64454BA0D390A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investments Classified by Contractual Maturity Date [Table Text Block] </link:label>

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<link:label id="lab_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock_B30C1454ED75539E91E4454BA0D312FB_terseLabel_en-US" xlink:label="lab_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock_B30C1454ED75539E91E4454BA0D312FB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Credit-Related Loss Activity Recognized in Earnings </link:label>

<link:label id="lab_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock_B30C1454ED75539E91E4454BA0D312FB_label_en-US" xlink:label="lab_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock_B30C1454ED75539E91E4454BA0D312FB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table Text Block] </link:label>

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<link:label id="lab_us-gaap_GeneralInsuranceExpense_53FA654A6F2932942C747C5656AD4E7E_terseLabel_en-US" xlink:label="lab_us-gaap_GeneralInsuranceExpense_53FA654A6F2932942C747C5656AD4E7E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Insurance </link:label>

<link:label id="lab_us-gaap_GeneralInsuranceExpense_53FA654A6F2932942C747C5656AD4E7E_label_en-US" xlink:label="lab_us-gaap_GeneralInsuranceExpense_53FA654A6F2932942C747C5656AD4E7E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> General Insurance Expense </link:label>

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<link:label id="lab_stt_RegulatoryFeesandAssessments_D8E64A3E6180AA5268657C5656B2E74A_terseLabel_en-US" xlink:label="lab_stt_RegulatoryFeesandAssessments_D8E64A3E6180AA5268657C5656B2E74A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Regulatory fees and assessments </link:label>

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<link:label id="lab_us-gaap_OtherGeneralExpense_FC9B6A158542693824887C5656B3A54D_terseLabel_en-US" xlink:label="lab_us-gaap_OtherGeneralExpense_FC9B6A158542693824887C5656B3A54D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>

<link:label id="lab_us-gaap_OtherGeneralExpense_FC9B6A158542693824887C5656B3A54D_label_en-US" xlink:label="lab_us-gaap_OtherGeneralExpense_FC9B6A158542693824887C5656B3A54D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other General Expense </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherGeneralExpense" xlink:label="loc_us-gaap_OtherGeneralExpense_FC9B6A158542693824887C5656B3A54D" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherGeneralExpense_FC9B6A158542693824887C5656B3A54D" xlink:to="lab_us-gaap_OtherGeneralExpense_FC9B6A158542693824887C5656B3A54D" xlink:type="arc"/>

<link:label id="lab_us-gaap_OtherExpenses_9E7E5283F427C029FB5F7C5656B3C14B_totalLabel_en-US" xlink:label="lab_us-gaap_OtherExpenses_9E7E5283F427C029FB5F7C5656B3C14B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total other expenses </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherExpenses" xlink:label="loc_us-gaap_OtherExpenses_9E7E5283F427C029FB5F7C5656B3C14B" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherExpenses_9E7E5283F427C029FB5F7C5656B3C14B" xlink:to="lab_us-gaap_OtherExpenses_9E7E5283F427C029FB5F7C5656B3C14B" xlink:type="arc"/>

<link:label id="lab_us-gaap_AssetsAbstract_8B78E00D820B938E0212A8DB7EDDE884_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_8B78E00D820B938E0212A8DB7EDDE884" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets: </link:label>

<link:label id="lab_us-gaap_AssetsAbstract_8B78E00D820B938E0212A8DB7EDDE884_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_8B78E00D820B938E0212A8DB7EDDE884" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_8B78E00D820B938E0212A8DB7EDDE884" xlink:type="locator"/>

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<link:label id="lab_us-gaap_CashAndDueFromBanks_5977D169D85D9EEE4113A8DB7EDDA819_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndDueFromBanks_5977D169D85D9EEE4113A8DB7EDDA819" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash and due from banks </link:label>

<link:label id="lab_us-gaap_CashAndDueFromBanks_5977D169D85D9EEE4113A8DB7EDDA819_label_en-US" xlink:label="lab_us-gaap_CashAndDueFromBanks_5977D169D85D9EEE4113A8DB7EDDA819" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash and Due from Banks </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndDueFromBanks" xlink:label="loc_us-gaap_CashAndDueFromBanks_5977D169D85D9EEE4113A8DB7EDDA819" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndDueFromBanks_5977D169D85D9EEE4113A8DB7EDDA819" xlink:to="lab_us-gaap_CashAndDueFromBanks_5977D169D85D9EEE4113A8DB7EDDA819" xlink:type="arc"/>

<link:label id="lab_us-gaap_InterestBearingDepositsInBanks_DEDD0AC733D818F37647A8DB7EDD9CE6_terseLabel_en-US" xlink:label="lab_us-gaap_InterestBearingDepositsInBanks_DEDD0AC733D818F37647A8DB7EDD9CE6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest-bearing deposits with banks </link:label>

<link:label id="lab_us-gaap_InterestBearingDepositsInBanks_DEDD0AC733D818F37647A8DB7EDD9CE6_label_en-US" xlink:label="lab_us-gaap_InterestBearingDepositsInBanks_DEDD0AC733D818F37647A8DB7EDD9CE6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest-bearing Deposits in Banks and Other Financial Institutions </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestBearingDepositsInBanks" xlink:label="loc_us-gaap_InterestBearingDepositsInBanks_DEDD0AC733D818F37647A8DB7EDD9CE6" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestBearingDepositsInBanks_DEDD0AC733D818F37647A8DB7EDD9CE6" xlink:to="lab_us-gaap_InterestBearingDepositsInBanks_DEDD0AC733D818F37647A8DB7EDD9CE6" xlink:type="arc"/>

<link:label id="lab_us-gaap_HeldToMaturitySecurities_9126A775E46787C0494BA8DB7EDD5322_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecurities_9126A775E46787C0494BA8DB7EDD5322" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment securities held-to-maturity (fair value of $36,169 and $34,994) </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="loc_us-gaap_HeldToMaturitySecurities_9126A775E46787C0494BA8DB7EDD5322" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecurities_9126A775E46787C0494BA8DB7EDD5322" xlink:to="lab_us-gaap_HeldToMaturitySecurities_9126A775E46787C0494BA8DB7EDD5322" xlink:type="arc"/>

<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_19B2F8E2D82781A1281EA8DB7EDD8EDE_verboseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_19B2F8E2D82781A1281EA8DB7EDD8EDE" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Loans and leases (less allowance for losses of $51 and $46) </link:label>

<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_19B2F8E2D82781A1281EA8DB7EDD8EDE_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_19B2F8E2D82781A1281EA8DB7EDD8EDE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Net Amount </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansAndLeasesReceivableNetReportedAmount" xlink:label="loc_us-gaap_LoansAndLeasesReceivableNetReportedAmount_19B2F8E2D82781A1281EA8DB7EDD8EDE" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableNetReportedAmount_19B2F8E2D82781A1281EA8DB7EDD8EDE" xlink:to="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_19B2F8E2D82781A1281EA8DB7EDD8EDE" xlink:type="arc"/>

<link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_AA261B047C96B1848513A8DB7EDD3D9E_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_AA261B047C96B1848513A8DB7EDD3D9E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Premises and equipment (net of accumulated depreciation of $3,611 and $3,333) </link:label>

<link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_AA261B047C96B1848513A8DB7EDD3D9E_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_AA261B047C96B1848513A8DB7EDD3D9E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Net </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_AA261B047C96B1848513A8DB7EDD3D9E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_AA261B047C96B1848513A8DB7EDD3D9E" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNet_AA261B047C96B1848513A8DB7EDD3D9E" xlink:type="arc"/>

<link:label id="lab_us-gaap_AccruedInvestmentIncomeReceivable_8E0F025860ABE756173AA8DB7EDD38A6_verboseLabel_en-US" xlink:label="lab_us-gaap_AccruedInvestmentIncomeReceivable_8E0F025860ABE756173AA8DB7EDD38A6" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Accrued interest and fees receivable </link:label>

<link:label id="lab_us-gaap_AccruedInvestmentIncomeReceivable_8E0F025860ABE756173AA8DB7EDD38A6_label_en-US" xlink:label="lab_us-gaap_AccruedInvestmentIncomeReceivable_8E0F025860ABE756173AA8DB7EDD38A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accrued Investment Income Receivable </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccruedInvestmentIncomeReceivable" xlink:label="loc_us-gaap_AccruedInvestmentIncomeReceivable_8E0F025860ABE756173AA8DB7EDD38A6" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccruedInvestmentIncomeReceivable_8E0F025860ABE756173AA8DB7EDD38A6" xlink:to="lab_us-gaap_AccruedInvestmentIncomeReceivable_8E0F025860ABE756173AA8DB7EDD38A6" xlink:type="arc"/>

<link:label id="lab_us-gaap_Goodwill_66323D5725F67C0927C1A8DB7EDDB0B4_terseLabel_en-US" xlink:label="lab_us-gaap_Goodwill_66323D5725F67C0927C1A8DB7EDDB0B4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill </link:label>

<link:label id="lab_us-gaap_Goodwill_66323D5725F67C0927C1A8DB7EDDB0B4_label_en-US" xlink:label="lab_us-gaap_Goodwill_66323D5725F67C0927C1A8DB7EDDB0B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_66323D5725F67C0927C1A8DB7EDDB0B4" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Goodwill_66323D5725F67C0927C1A8DB7EDDB0B4" xlink:to="lab_us-gaap_Goodwill_66323D5725F67C0927C1A8DB7EDDB0B4" xlink:type="arc"/>

<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsNet_C650CF1B4C9171D98C60A8DB7EDDF578_verboseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsNet_C650CF1B4C9171D98C60A8DB7EDDF578" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other intangible assets </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsNet" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsNet_C650CF1B4C9171D98C60A8DB7EDDF578" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_C650CF1B4C9171D98C60A8DB7EDDF578" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsNet_C650CF1B4C9171D98C60A8DB7EDDF578" xlink:type="arc"/>

<link:label id="lab_us-gaap_OtherAssets_6A18FADBE9644997144BA8DB7EDD9817_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_6A18FADBE9644997144BA8DB7EDD9817" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other assets </link:label>

<link:label id="lab_us-gaap_OtherAssets_6A18FADBE9644997144BA8DB7EDD9817_label_en-US" xlink:label="lab_us-gaap_OtherAssets_6A18FADBE9644997144BA8DB7EDD9817" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_6A18FADBE9644997144BA8DB7EDD9817" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssets_6A18FADBE9644997144BA8DB7EDD9817" xlink:to="lab_us-gaap_OtherAssets_6A18FADBE9644997144BA8DB7EDD9817" xlink:type="arc"/>

<link:label id="lab_us-gaap_Assets_9DFE1AB2A92E8EEF3C27A8DB7EDD1E0C_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_9DFE1AB2A92E8EEF3C27A8DB7EDD1E0C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total assets </link:label>

<link:label id="lab_us-gaap_Assets_9DFE1AB2A92E8EEF3C27A8DB7EDD1E0C_label_en-US" xlink:label="lab_us-gaap_Assets_9DFE1AB2A92E8EEF3C27A8DB7EDD1E0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_9DFE1AB2A92E8EEF3C27A8DB7EDD1E0C" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Assets_9DFE1AB2A92E8EEF3C27A8DB7EDD1E0C" xlink:to="lab_us-gaap_Assets_9DFE1AB2A92E8EEF3C27A8DB7EDD1E0C" xlink:type="arc"/>

<link:label id="lab_us-gaap_LiabilitiesAbstract_6A4FB2A35B8F1CD3912AA8DB7EDD75D4_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_6A4FB2A35B8F1CD3912AA8DB7EDD75D4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liabilities: </link:label>

<link:label id="lab_us-gaap_LiabilitiesAbstract_6A4FB2A35B8F1CD3912AA8DB7EDD75D4_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_6A4FB2A35B8F1CD3912AA8DB7EDD75D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="loc_us-gaap_LiabilitiesAbstract_6A4FB2A35B8F1CD3912AA8DB7EDD75D4" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAbstract_6A4FB2A35B8F1CD3912AA8DB7EDD75D4" xlink:to="lab_us-gaap_LiabilitiesAbstract_6A4FB2A35B8F1CD3912AA8DB7EDD75D4" xlink:type="arc"/>

<link:label id="lab_us-gaap_DepositsAbstract_57DA40563A83AB658DBCA8DB7EDED21B_terseLabel_en-US" xlink:label="lab_us-gaap_DepositsAbstract_57DA40563A83AB658DBCA8DB7EDED21B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deposits: </link:label>

<link:label id="lab_us-gaap_DepositsAbstract_57DA40563A83AB658DBCA8DB7EDED21B_label_en-US" xlink:label="lab_us-gaap_DepositsAbstract_57DA40563A83AB658DBCA8DB7EDED21B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deposits [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DepositsAbstract" xlink:label="loc_us-gaap_DepositsAbstract_57DA40563A83AB658DBCA8DB7EDED21B" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepositsAbstract_57DA40563A83AB658DBCA8DB7EDED21B" xlink:to="lab_us-gaap_DepositsAbstract_57DA40563A83AB658DBCA8DB7EDED21B" xlink:type="arc"/>

<link:label id="lab_us-gaap_NoninterestBearingDepositLiabilities_19E946880CE3822EC292A8DB7EDE6A16_terseLabel_en-US" xlink:label="lab_us-gaap_NoninterestBearingDepositLiabilities_19E946880CE3822EC292A8DB7EDE6A16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-interest-bearing </link:label>

<link:label id="lab_us-gaap_NoninterestBearingDepositLiabilities_19E946880CE3822EC292A8DB7EDE6A16_label_en-US" xlink:label="lab_us-gaap_NoninterestBearingDepositLiabilities_19E946880CE3822EC292A8DB7EDE6A16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noninterest-bearing Deposit Liabilities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoninterestBearingDepositLiabilities" xlink:label="loc_us-gaap_NoninterestBearingDepositLiabilities_19E946880CE3822EC292A8DB7EDE6A16" xlink:type="locator"/>

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<link:label id="lab_us-gaap_InterestBearingDepositLiabilitiesDomestic_E5C43A7DECD18C10DA00A8DB7EDE5C93_terseLabel_en-US" xlink:label="lab_us-gaap_InterestBearingDepositLiabilitiesDomestic_E5C43A7DECD18C10DA00A8DB7EDE5C93" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest-bearing—U.S. </link:label>

<link:label id="lab_us-gaap_InterestBearingDepositLiabilitiesDomestic_E5C43A7DECD18C10DA00A8DB7EDE5C93_label_en-US" xlink:label="lab_us-gaap_InterestBearingDepositLiabilitiesDomestic_E5C43A7DECD18C10DA00A8DB7EDE5C93" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest-bearing Deposit Liabilities, Domestic </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestBearingDepositLiabilitiesDomestic" xlink:label="loc_us-gaap_InterestBearingDepositLiabilitiesDomestic_E5C43A7DECD18C10DA00A8DB7EDE5C93" xlink:type="locator"/>

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<link:label id="lab_us-gaap_InterestBearingDepositLiabilitiesForeign_581F77246931DD880ADFA8DB7EDE9FAE_label_en-US" xlink:label="lab_us-gaap_InterestBearingDepositLiabilitiesForeign_581F77246931DD880ADFA8DB7EDE9FAE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest-bearing Deposit Liabilities, Foreign </link:label>

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<link:label id="lab_us-gaap_Deposits_14DC5FDA2EF64C0035DBA8DB7EDEEEFB_totalLabel_en-US" xlink:label="lab_us-gaap_Deposits_14DC5FDA2EF64C0035DBA8DB7EDEEEFB" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total deposits </link:label>

<link:label id="lab_us-gaap_Deposits_14DC5FDA2EF64C0035DBA8DB7EDEEEFB_label_en-US" xlink:label="lab_us-gaap_Deposits_14DC5FDA2EF64C0035DBA8DB7EDEEEFB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deposits </link:label>

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<link:label id="lab_us-gaap_OtherShortTermBorrowings_D427865072082275FA91A8DB7EDE14DE_terseLabel_en-US" xlink:label="lab_us-gaap_OtherShortTermBorrowings_D427865072082275FA91A8DB7EDE14DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other short-term borrowings </link:label>

<link:label id="lab_us-gaap_OtherShortTermBorrowings_D427865072082275FA91A8DB7EDE14DE_label_en-US" xlink:label="lab_us-gaap_OtherShortTermBorrowings_D427865072082275FA91A8DB7EDE14DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Short-term Borrowings </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherShortTermBorrowings" xlink:label="loc_us-gaap_OtherShortTermBorrowings_D427865072082275FA91A8DB7EDE14DE" xlink:type="locator"/>

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<link:label id="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_65E13D5460012A0E38E7A8DB7EDEE85B_terseLabel_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_65E13D5460012A0E38E7A8DB7EDEE85B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accrued expenses and other liabilities </link:label>

<link:label id="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_65E13D5460012A0E38E7A8DB7EDEE85B_label_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_65E13D5460012A0E38E7A8DB7EDEE85B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accrued Liabilities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_65E13D5460012A0E38E7A8DB7EDEE85B" xlink:type="locator"/>

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<link:label id="lab_us-gaap_LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities_EB333006B1C78D48D85AA8DB7EDE28F7_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities_EB333006B1C78D48D85AA8DB7EDE28F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term debt </link:label>

<link:label id="lab_us-gaap_LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities_EB333006B1C78D48D85AA8DB7EDE28F7_label_en-US" xlink:label="lab_us-gaap_LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities_EB333006B1C78D48D85AA8DB7EDE28F7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt and Capital Lease Obligations, Including Current Maturities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities" xlink:label="loc_us-gaap_LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities_EB333006B1C78D48D85AA8DB7EDE28F7" xlink:type="locator"/>

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<link:label id="lab_us-gaap_Liabilities_A93EBB326F79B41888F0A8DB7EDE88AB_totalLabel_en-US" xlink:label="lab_us-gaap_Liabilities_A93EBB326F79B41888F0A8DB7EDE88AB" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total liabilities </link:label>

<link:label id="lab_us-gaap_Liabilities_A93EBB326F79B41888F0A8DB7EDE88AB_label_en-US" xlink:label="lab_us-gaap_Liabilities_A93EBB326F79B41888F0A8DB7EDE88AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_A93EBB326F79B41888F0A8DB7EDE88AB" xlink:type="locator"/>

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<link:label id="lab_us-gaap_CommitmentsAndContingencies_58C4FBA54D7E70E389D8A8DB7EDEA1DD_terseLabel_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingencies_58C4FBA54D7E70E389D8A8DB7EDEA1DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commitments, guarantees and contingencies (Notes 9 and 10) </link:label>

<link:label id="lab_us-gaap_CommitmentsAndContingencies_58C4FBA54D7E70E389D8A8DB7EDEA1DD_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingencies_58C4FBA54D7E70E389D8A8DB7EDEA1DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commitments and Contingencies </link:label>

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<link:label id="lab_us-gaap_StockholdersEquityAbstract_B89B6666E52A3ACDF5D9A8DB7EDEC8F5_verboseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityAbstract_B89B6666E52A3ACDF5D9A8DB7EDEC8F5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Shareholders’ equity: </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="loc_us-gaap_StockholdersEquityAbstract_B89B6666E52A3ACDF5D9A8DB7EDEC8F5" xlink:type="locator"/>

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<link:label id="lab_us-gaap_PreferredStockValue_40F1C1C55399C9D40375A8DB7EDE5C10_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockValue_40F1C1C55399C9D40375A8DB7EDE5C10" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock, no par: 3,500,000 shares authorized; Series C, 5,000 shares issued and outstanding, Series D, 7,500 shares issued and outstanding, Series E, 7,500 shares issued and outstanding, Series F, 7,500 shares issued and outstanding, and Series G, 5,000 shares issued and outstanding </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="loc_us-gaap_PreferredStockValue_40F1C1C55399C9D40375A8DB7EDE5C10" xlink:type="locator"/>

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<link:label id="lab_us-gaap_CommonStockValue_4BF00924DF9AFF2EB2E1A8DB7EDF9F95_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockValue_4BF00924DF9AFF2EB2E1A8DB7EDF9F95" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock, $1 par: 750,000,000 shares authorized; 503,879,642 and 503,879,642 shares issued </link:label>

<link:label id="lab_us-gaap_CommonStockValue_4BF00924DF9AFF2EB2E1A8DB7EDF9F95_label_en-US" xlink:label="lab_us-gaap_CommonStockValue_4BF00924DF9AFF2EB2E1A8DB7EDF9F95" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Value, Issued </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaap_CommonStockValue_4BF00924DF9AFF2EB2E1A8DB7EDF9F95" xlink:type="locator"/>

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<link:label id="lab_us-gaap_AdditionalPaidInCapital_B98D951F7AE895C934C4A8DB7EDF7B4E_verboseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapital_B98D951F7AE895C934C4A8DB7EDF7B4E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Surplus </link:label>

<link:label id="lab_us-gaap_AdditionalPaidInCapital_B98D951F7AE895C934C4A8DB7EDF7B4E_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapital_B98D951F7AE895C934C4A8DB7EDF7B4E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Additional Paid in Capital </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="loc_us-gaap_AdditionalPaidInCapital_B98D951F7AE895C934C4A8DB7EDF7B4E" xlink:type="locator"/>

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<link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_6C9CE460E9644394514BA8DB7EDFFC0D_verboseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_6C9CE460E9644394514BA8DB7EDFFC0D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Retained earnings </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_us-gaap_RetainedEarningsAccumulatedDeficit_6C9CE460E9644394514BA8DB7EDFFC0D" xlink:type="locator"/>

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<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_6300146E10401529F7AEA8DB7EDF3F07_verboseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_6300146E10401529F7AEA8DB7EDF3F07" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated other comprehensive income (loss) </link:label>

<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_6300146E10401529F7AEA8DB7EDF3F07_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_6300146E10401529F7AEA8DB7EDF3F07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss), Net of Tax </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_6300146E10401529F7AEA8DB7EDF3F07" xlink:type="locator"/>

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<link:label id="lab_us-gaap_TreasuryStockValue_9FBB1E727E650B1BD10DA8DB7EDFAE8C_negatedLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockValue_9FBB1E727E650B1BD10DA8DB7EDFAE8C" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Treasury stock, at cost (129,773,003 and 121,940,502 shares) </link:label>

<link:label id="lab_us-gaap_TreasuryStockValue_9FBB1E727E650B1BD10DA8DB7EDFAE8C_label_en-US" xlink:label="lab_us-gaap_TreasuryStockValue_9FBB1E727E650B1BD10DA8DB7EDFAE8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock, Value </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="loc_us-gaap_TreasuryStockValue_9FBB1E727E650B1BD10DA8DB7EDFAE8C" xlink:type="locator"/>

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<link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_F18D23369AB45AED3D8AA8DB7EDF7AEF_totalLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_F18D23369AB45AED3D8AA8DB7EDF7AEF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total shareholders’ equity </link:label>

<link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_F18D23369AB45AED3D8AA8DB7EDF7AEF_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_F18D23369AB45AED3D8AA8DB7EDF7AEF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_F18D23369AB45AED3D8AA8DB7EDF7AEF" xlink:type="locator"/>

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<link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_0706E5BE3BB297A67B61A8DB7EDF98E3_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_0706E5BE3BB297A67B61A8DB7EDF98E3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total liabilities and shareholders' equity </link:label>

<link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_0706E5BE3BB297A67B61A8DB7EDF98E3_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_0706E5BE3BB297A67B61A8DB7EDF98E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities and Equity </link:label>

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<link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_6D0C82C60A4380368119454B9F55DAAC_label_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_6D0C82C60A4380368119454B9F55DAAC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill and Intangible Assets Disclosure [Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock" xlink:label="loc_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_6D0C82C60A4380368119454B9F55DAAC" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_6D0C82C60A4380368119454B9F55DAAC" xlink:to="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_6D0C82C60A4380368119454B9F55DAAC" xlink:type="arc"/>

<link:label id="lab_us-gaap_InterestRateSwapMember_9584F36CF5D41CCCF29C582D929E6402_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateSwapMember_9584F36CF5D41CCCF29C582D929E6402" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest rate swap </link:label>

<link:label id="lab_us-gaap_InterestRateSwapMember_9584F36CF5D41CCCF29C582D929E6402_label_en-US" xlink:label="lab_us-gaap_InterestRateSwapMember_9584F36CF5D41CCCF29C582D929E6402" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Rate Swap [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="loc_us-gaap_InterestRateSwapMember_9584F36CF5D41CCCF29C582D929E6402" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestRateSwapMember_9584F36CF5D41CCCF29C582D929E6402" xlink:to="lab_us-gaap_InterestRateSwapMember_9584F36CF5D41CCCF29C582D929E6402" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_2B866D840774C44D3BCD582D929E1D0E_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_2B866D840774C44D3BCD582D929E1D0E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Hedging Relationship [Axis] </link:label>

<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_2B866D840774C44D3BCD582D929E1D0E_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_2B866D840774C44D3BCD582D929E1D0E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Hedging Relationship [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_2B866D840774C44D3BCD582D929E1D0E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_2B866D840774C44D3BCD582D929E1D0E" xlink:to="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_2B866D840774C44D3BCD582D929E1D0E" xlink:type="arc"/>

<link:label id="lab_us-gaap_HedgingRelationshipDomain_1313885E58E889FB4618582D929E2542_terseLabel_en-US" xlink:label="lab_us-gaap_HedgingRelationshipDomain_1313885E58E889FB4618582D929E2542" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Hedging Relationship [Domain] </link:label>

<link:label id="lab_us-gaap_HedgingRelationshipDomain_1313885E58E889FB4618582D929E2542_label_en-US" xlink:label="lab_us-gaap_HedgingRelationshipDomain_1313885E58E889FB4618582D929E2542" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Hedging Relationship [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="loc_us-gaap_HedgingRelationshipDomain_1313885E58E889FB4618582D929E2542" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HedgingRelationshipDomain_1313885E58E889FB4618582D929E2542" xlink:to="lab_us-gaap_HedgingRelationshipDomain_1313885E58E889FB4618582D929E2542" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueHedgingMember_F9DF2ACFBB86EE832151582D929ED84E_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueHedgingMember_F9DF2ACFBB86EE832151582D929ED84E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value Hedges </link:label>

<link:label id="lab_us-gaap_FairValueHedgingMember_F9DF2ACFBB86EE832151582D929ED84E_label_en-US" xlink:label="lab_us-gaap_FairValueHedgingMember_F9DF2ACFBB86EE832151582D929ED84E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Hedging [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueHedgingMember" xlink:label="loc_us-gaap_FairValueHedgingMember_F9DF2ACFBB86EE832151582D929ED84E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueHedgingMember_F9DF2ACFBB86EE832151582D929ED84E" xlink:to="lab_us-gaap_FairValueHedgingMember_F9DF2ACFBB86EE832151582D929ED84E" xlink:type="arc"/>

<link:label id="lab_us-gaap_DebtInstrumentAxis_BDBA86427E9D77FA2F6B582D929E6000_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_BDBA86427E9D77FA2F6B582D929E6000" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt Instrument [Axis] </link:label>

<link:label id="lab_us-gaap_DebtInstrumentAxis_BDBA86427E9D77FA2F6B582D929E6000_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_BDBA86427E9D77FA2F6B582D929E6000" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="loc_us-gaap_DebtInstrumentAxis_BDBA86427E9D77FA2F6B582D929E6000" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentAxis_BDBA86427E9D77FA2F6B582D929E6000" xlink:to="lab_us-gaap_DebtInstrumentAxis_BDBA86427E9D77FA2F6B582D929E6000" xlink:type="arc"/>

<link:label id="lab_us-gaap_DebtInstrumentNameDomain_BAB1DAB63A58471C5221582D929E5B59_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_BAB1DAB63A58471C5221582D929E5B59" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Name [Domain] </link:label>

<link:label id="lab_us-gaap_DebtInstrumentNameDomain_BAB1DAB63A58471C5221582D929E5B59_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_BAB1DAB63A58471C5221582D929E5B59" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Name [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_BAB1DAB63A58471C5221582D929E5B59" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_BAB1DAB63A58471C5221582D929E5B59" xlink:to="lab_us-gaap_DebtInstrumentNameDomain_BAB1DAB63A58471C5221582D929E5B59" xlink:type="arc"/>

<link:label id="lab_us-gaap_SeniorNotesMember_30119F77FE99BC0199F3582D929E944B_terseLabel_en-US" xlink:label="lab_us-gaap_SeniorNotesMember_30119F77FE99BC0199F3582D929E944B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Senior notes </link:label>

<link:label id="lab_us-gaap_SeniorNotesMember_30119F77FE99BC0199F3582D929E944B_label_en-US" xlink:label="lab_us-gaap_SeniorNotesMember_30119F77FE99BC0199F3582D929E944B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Senior Notes [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SeniorNotesMember" xlink:label="loc_us-gaap_SeniorNotesMember_30119F77FE99BC0199F3582D929E944B" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SeniorNotesMember_30119F77FE99BC0199F3582D929E944B" xlink:to="lab_us-gaap_SeniorNotesMember_30119F77FE99BC0199F3582D929E944B" xlink:type="arc"/>

<link:label id="lab_us-gaap_SubordinatedDebtMember_8B295D6479ACD30A9D6D582D929F1C02_terseLabel_en-US" xlink:label="lab_us-gaap_SubordinatedDebtMember_8B295D6479ACD30A9D6D582D929F1C02" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Subordinated note </link:label>

<link:label id="lab_us-gaap_SubordinatedDebtMember_8B295D6479ACD30A9D6D582D929F1C02_label_en-US" xlink:label="lab_us-gaap_SubordinatedDebtMember_8B295D6479ACD30A9D6D582D929F1C02" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Subordinated Debt [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubordinatedDebtMember" xlink:label="loc_us-gaap_SubordinatedDebtMember_8B295D6479ACD30A9D6D582D929F1C02" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubordinatedDebtMember_8B295D6479ACD30A9D6D582D929F1C02" xlink:to="lab_us-gaap_SubordinatedDebtMember_8B295D6479ACD30A9D6D582D929F1C02" xlink:type="arc"/>

<link:label id="lab_stt_LIBORIndexedFloatingRateLoansMember_F49CB918BC502B9636A158308A024653_terseLabel_en-US" xlink:label="lab_stt_LIBORIndexedFloatingRateLoansMember_F49CB918BC502B9636A158308A024653" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> LIBOR Indexed Floating Rate Loans </link:label>

<link:label id="lab_stt_LIBORIndexedFloatingRateLoansMember_F49CB918BC502B9636A158308A024653_label_en-US" xlink:label="lab_stt_LIBORIndexedFloatingRateLoansMember_F49CB918BC502B9636A158308A024653" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> LIBOR Indexed Floating Rate Loans [Member] </link:label>

<link:label id="lab_stt_LIBORIndexedFloatingRateLoansMember_F49CB918BC502B9636A158308A024653_documentation_en-US" xlink:label="lab_stt_LIBORIndexedFloatingRateLoansMember_F49CB918BC502B9636A158308A024653" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> LIBOR Indexed Floating Rate Loans [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_LIBORIndexedFloatingRateLoansMember" xlink:label="loc_stt_LIBORIndexedFloatingRateLoansMember_F49CB918BC502B9636A158308A024653" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_LIBORIndexedFloatingRateLoansMember_F49CB918BC502B9636A158308A024653" xlink:to="lab_stt_LIBORIndexedFloatingRateLoansMember_F49CB918BC502B9636A158308A024653" xlink:type="arc"/>

<link:label id="lab_us-gaap_DebtInstrumentTerm_8C93EF5F9D0BD61BFF18582F370B55E2_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentTerm_8C93EF5F9D0BD61BFF18582F370B55E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Term </link:label>

<link:label id="lab_us-gaap_DebtInstrumentTerm_8C93EF5F9D0BD61BFF18582F370B55E2_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentTerm_8C93EF5F9D0BD61BFF18582F370B55E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Term </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentTerm" xlink:label="loc_us-gaap_DebtInstrumentTerm_8C93EF5F9D0BD61BFF18582F370B55E2" xlink:type="locator"/>

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<link:label id="lab_stt_CashCollateralReceivedForDerivativeInstruments_EFB4C34F7B2B4DF27D62582D929F1861_terseLabel_en-US" xlink:label="lab_stt_CashCollateralReceivedForDerivativeInstruments_EFB4C34F7B2B4DF27D62582D929F1861" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash collateral received for derivative instruments </link:label>

<link:label id="lab_stt_CashCollateralReceivedForDerivativeInstruments_EFB4C34F7B2B4DF27D62582D929F1861_label_en-US" xlink:label="lab_stt_CashCollateralReceivedForDerivativeInstruments_EFB4C34F7B2B4DF27D62582D929F1861" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Collateral Received For Derivative Instruments </link:label>

<link:label id="lab_stt_CashCollateralReceivedForDerivativeInstruments_EFB4C34F7B2B4DF27D62582D929F1861_documentation_en-US" xlink:label="lab_stt_CashCollateralReceivedForDerivativeInstruments_EFB4C34F7B2B4DF27D62582D929F1861" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Cash Collateral Received For Derivative Instruments </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_CashCollateralReceivedForDerivativeInstruments" xlink:label="loc_stt_CashCollateralReceivedForDerivativeInstruments_EFB4C34F7B2B4DF27D62582D929F1861" xlink:type="locator"/>

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<link:label id="lab_stt_CashCollateralProvidedForDerivativeInstruments_C5BD8ADB85A875A7C51A582D929FA025_terseLabel_en-US" xlink:label="lab_stt_CashCollateralProvidedForDerivativeInstruments_C5BD8ADB85A875A7C51A582D929FA025" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash collateral provided for derivative instruments </link:label>

<link:label id="lab_stt_CashCollateralProvidedForDerivativeInstruments_C5BD8ADB85A875A7C51A582D929FA025_label_en-US" xlink:label="lab_stt_CashCollateralProvidedForDerivativeInstruments_C5BD8ADB85A875A7C51A582D929FA025" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Collateral Provided For Derivative Instruments </link:label>

<link:label id="lab_stt_CashCollateralProvidedForDerivativeInstruments_C5BD8ADB85A875A7C51A582D929FA025_documentation_en-US" xlink:label="lab_stt_CashCollateralProvidedForDerivativeInstruments_C5BD8ADB85A875A7C51A582D929FA025" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Cash Collateral Provided For Derivative Instruments </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_CashCollateralProvidedForDerivativeInstruments" xlink:label="loc_stt_CashCollateralProvidedForDerivativeInstruments_C5BD8ADB85A875A7C51A582D929FA025" xlink:type="locator"/>

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<link:label id="lab_us-gaap_CollateralAlreadyPostedAggregateFairValue_F69D422E401DC2B455C0582D929F4600_terseLabel_en-US" xlink:label="lab_us-gaap_CollateralAlreadyPostedAggregateFairValue_F69D422E401DC2B455C0582D929F4600" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair value of collateral posted </link:label>

<link:label id="lab_us-gaap_CollateralAlreadyPostedAggregateFairValue_F69D422E401DC2B455C0582D929F4600_label_en-US" xlink:label="lab_us-gaap_CollateralAlreadyPostedAggregateFairValue_F69D422E401DC2B455C0582D929F4600" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collateral Already Posted, Aggregate Fair Value </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralAlreadyPostedAggregateFairValue" xlink:label="loc_us-gaap_CollateralAlreadyPostedAggregateFairValue_F69D422E401DC2B455C0582D929F4600" xlink:type="locator"/>

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<link:label id="lab_us-gaap_AdditionalCollateralAggregateFairValue_BAD645AFA350B9E771D8582D929FBEAF_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalCollateralAggregateFairValue_BAD645AFA350B9E771D8582D929FBEAF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maximum additional amount of payments related to termination events </link:label>

<link:label id="lab_us-gaap_AdditionalCollateralAggregateFairValue_BAD645AFA350B9E771D8582D929FBEAF_label_en-US" xlink:label="lab_us-gaap_AdditionalCollateralAggregateFairValue_BAD645AFA350B9E771D8582D929FBEAF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Additional Collateral, Aggregate Fair Value </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdditionalCollateralAggregateFairValue" xlink:label="loc_us-gaap_AdditionalCollateralAggregateFairValue_BAD645AFA350B9E771D8582D929FBEAF" xlink:type="locator"/>

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<link:label id="lab_stt_WeightedAverageLifeOfTrusts_69C7913B3CF8B9169BFB582D929FB7D1_terseLabel_en-US" xlink:label="lab_stt_WeightedAverageLifeOfTrusts_69C7913B3CF8B9169BFB582D929FB7D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted average life of trusts </link:label>

<link:label id="lab_stt_WeightedAverageLifeOfTrusts_69C7913B3CF8B9169BFB582D929FB7D1_label_en-US" xlink:label="lab_stt_WeightedAverageLifeOfTrusts_69C7913B3CF8B9169BFB582D929FB7D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Weighted Average Life Of Trusts </link:label>

<link:label id="lab_stt_WeightedAverageLifeOfTrusts_69C7913B3CF8B9169BFB582D929FB7D1_documentation_en-US" xlink:label="lab_stt_WeightedAverageLifeOfTrusts_69C7913B3CF8B9169BFB582D929FB7D1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Weighted Average Life Of Trusts </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_WeightedAverageLifeOfTrusts" xlink:label="loc_stt_WeightedAverageLifeOfTrusts_69C7913B3CF8B9169BFB582D929FB7D1" xlink:type="locator"/>

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<link:label id="lab_us-gaap_DerivativeNumberOfInstrumentsHeld_E6B63C3C20666DCEECAD582D929F2144_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeNumberOfInstrumentsHeld_E6B63C3C20666DCEECAD582D929F2144" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of securities </link:label>

<link:label id="lab_us-gaap_DerivativeNumberOfInstrumentsHeld_E6B63C3C20666DCEECAD582D929F2144_label_en-US" xlink:label="lab_us-gaap_DerivativeNumberOfInstrumentsHeld_E6B63C3C20666DCEECAD582D929F2144" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Number of Instruments Held </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeNumberOfInstrumentsHeld" xlink:label="loc_us-gaap_DerivativeNumberOfInstrumentsHeld_E6B63C3C20666DCEECAD582D929F2144" xlink:type="locator"/>

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<link:label id="lab_us-gaap_AllowanceForLoanAndLeaseLossesRollForward_CC7C1BBC0B5F8D9B0F3E9A3A17D09424_terseLabel_en-US" xlink:label="lab_us-gaap_AllowanceForLoanAndLeaseLossesRollForward_CC7C1BBC0B5F8D9B0F3E9A3A17D09424" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Allowance for Loan and Lease Losses [Roll Forward] </link:label>

<link:label id="lab_us-gaap_AllowanceForLoanAndLeaseLossesRollForward_CC7C1BBC0B5F8D9B0F3E9A3A17D09424_label_en-US" xlink:label="lab_us-gaap_AllowanceForLoanAndLeaseLossesRollForward_CC7C1BBC0B5F8D9B0F3E9A3A17D09424" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Allowance for Loan and Lease Losses [Roll Forward] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AllowanceForLoanAndLeaseLossesRollForward" xlink:label="loc_us-gaap_AllowanceForLoanAndLeaseLossesRollForward_CC7C1BBC0B5F8D9B0F3E9A3A17D09424" xlink:type="locator"/>

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<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_62B2AA49A18D70FF5D139A3A17D08BF7_periodStartLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_62B2AA49A18D70FF5D139A3A17D08BF7" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Beginning balance </link:label>

<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_62B2AA49A18D70FF5D139A3A17D08BF7_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_62B2AA49A18D70FF5D139A3A17D08BF7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Allowance for Credit Losses </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLosses" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLosses_62B2AA49A18D70FF5D139A3A17D08BF7" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ProvisionForLoanAndLeaseLosses_23E0D8396E94F8F2F27D9A3A17D0F986_verboseLabel_en-US" xlink:label="lab_us-gaap_ProvisionForLoanAndLeaseLosses_23E0D8396E94F8F2F27D9A3A17D0F986" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Provision for loan and lease losses </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProvisionForLoanAndLeaseLosses" xlink:label="loc_us-gaap_ProvisionForLoanAndLeaseLosses_23E0D8396E94F8F2F27D9A3A17D0F986" xlink:type="locator"/>

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<link:label id="lab_us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs_0144221535F119E555EC9A3A17D03464_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs_0144221535F119E555EC9A3A17D03464" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Charge-offs </link:label>

<link:label id="lab_us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs_0144221535F119E555EC9A3A17D03464_label_en-US" xlink:label="lab_us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs_0144221535F119E555EC9A3A17D03464" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Allowance for Loan and Lease Losses, Write-offs </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs" xlink:label="loc_us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs_0144221535F119E555EC9A3A17D03464" xlink:type="locator"/>

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<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_0F345DC3AA6F53DE50749A3A17D0077B_periodEndLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_0F345DC3AA6F53DE50749A3A17D0077B" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Ending balance </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLosses" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLosses_0F345DC3AA6F53DE50749A3A17D0077B" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAllowanceForCreditLosses_0F345DC3AA6F53DE50749A3A17D0077B" xlink:to="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_0F345DC3AA6F53DE50749A3A17D0077B" xlink:type="arc"/>

<link:label id="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_C204B426E523E62C8343A31B06C56425_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_C204B426E523E62C8343A31B06C56425" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Accounts, Notes, Loans and Financing Receivable [Table] </link:label>

<link:label id="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_C204B426E523E62C8343A31B06C56425_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_C204B426E523E62C8343A31B06C56425" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Accounts, Notes, Loans and Financing Receivable [Table] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="loc_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_C204B426E523E62C8343A31B06C56425" xlink:type="locator"/>

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<link:label id="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_AE4C29F9525759482B30A31B06C5DD55_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_AE4C29F9525759482B30A31B06C5DD55" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Receivable Type [Axis] </link:label>

<link:label id="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_AE4C29F9525759482B30A31B06C5DD55_label_en-US" xlink:label="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_AE4C29F9525759482B30A31B06C5DD55" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Receivable Type [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="loc_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_AE4C29F9525759482B30A31B06C5DD55" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ReceivableTypeDomain_FC3F440D31FDA6D74A83A31B06C590B5_terseLabel_en-US" xlink:label="lab_us-gaap_ReceivableTypeDomain_FC3F440D31FDA6D74A83A31B06C590B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Receivable [Domain] </link:label>

<link:label id="lab_us-gaap_ReceivableTypeDomain_FC3F440D31FDA6D74A83A31B06C590B5_label_en-US" xlink:label="lab_us-gaap_ReceivableTypeDomain_FC3F440D31FDA6D74A83A31B06C590B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Receivable [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="loc_us-gaap_ReceivableTypeDomain_FC3F440D31FDA6D74A83A31B06C590B5" xlink:type="locator"/>

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<link:label id="lab_stt_SeniorSecuredBankLoansMember_12CF2CF32B3A909B09CDA31B06C5008D_terseLabel_en-US" xlink:label="lab_stt_SeniorSecuredBankLoansMember_12CF2CF32B3A909B09CDA31B06C5008D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Senior Secured Bank Loans </link:label>

<link:label id="lab_stt_SeniorSecuredBankLoansMember_12CF2CF32B3A909B09CDA31B06C5008D_label_en-US" xlink:label="lab_stt_SeniorSecuredBankLoansMember_12CF2CF32B3A909B09CDA31B06C5008D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Senior Secured Bank Loans [Member] </link:label>

<link:label id="lab_stt_SeniorSecuredBankLoansMember_12CF2CF32B3A909B09CDA31B06C5008D_documentation_en-US" xlink:label="lab_stt_SeniorSecuredBankLoansMember_12CF2CF32B3A909B09CDA31B06C5008D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Senior Secured Bank Loans [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_SeniorSecuredBankLoansMember" xlink:label="loc_stt_SeniorSecuredBankLoansMember_12CF2CF32B3A909B09CDA31B06C5008D" xlink:type="locator"/>

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<link:label id="lab_us-gaap_InternalCreditAssessmentAxis_922C681B431A3FDF1669A31B06C519EA_terseLabel_en-US" xlink:label="lab_us-gaap_InternalCreditAssessmentAxis_922C681B431A3FDF1669A31B06C519EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Internal Credit Assessment [Axis] </link:label>

<link:label id="lab_us-gaap_InternalCreditAssessmentAxis_922C681B431A3FDF1669A31B06C519EA_label_en-US" xlink:label="lab_us-gaap_InternalCreditAssessmentAxis_922C681B431A3FDF1669A31B06C519EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Internal Credit Assessment [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InternalCreditAssessmentAxis" xlink:label="loc_us-gaap_InternalCreditAssessmentAxis_922C681B431A3FDF1669A31B06C519EA" xlink:type="locator"/>

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<link:label id="lab_us-gaap_InternalCreditAssessmentDomain_D44CC40E28B72BC67148A31B06C5DBAE_terseLabel_en-US" xlink:label="lab_us-gaap_InternalCreditAssessmentDomain_D44CC40E28B72BC67148A31B06C5DBAE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Internal Credit Assessment [Domain] </link:label>

<link:label id="lab_us-gaap_InternalCreditAssessmentDomain_D44CC40E28B72BC67148A31B06C5DBAE_label_en-US" xlink:label="lab_us-gaap_InternalCreditAssessmentDomain_D44CC40E28B72BC67148A31B06C5DBAE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Internal Credit Assessment [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InternalCreditAssessmentDomain" xlink:label="loc_us-gaap_InternalCreditAssessmentDomain_D44CC40E28B72BC67148A31B06C5DBAE" xlink:type="locator"/>

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<link:label id="lab_stt_IndividuallyEvaluatedforImpairmentMember_080B6C1D2933834EB477A31B06C5DDDF_terseLabel_en-US" xlink:label="lab_stt_IndividuallyEvaluatedforImpairmentMember_080B6C1D2933834EB477A31B06C5DDDF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Individually evaluated for impairment </link:label>

<link:label id="lab_stt_IndividuallyEvaluatedforImpairmentMember_080B6C1D2933834EB477A31B06C5DDDF_label_en-US" xlink:label="lab_stt_IndividuallyEvaluatedforImpairmentMember_080B6C1D2933834EB477A31B06C5DDDF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Individually Evaluated for Impairment [Member] </link:label>

<link:label id="lab_stt_IndividuallyEvaluatedforImpairmentMember_080B6C1D2933834EB477A31B06C5DDDF_documentation_en-US" xlink:label="lab_stt_IndividuallyEvaluatedforImpairmentMember_080B6C1D2933834EB477A31B06C5DDDF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Individually Evaluated for Impairment [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_IndividuallyEvaluatedforImpairmentMember" xlink:label="loc_stt_IndividuallyEvaluatedforImpairmentMember_080B6C1D2933834EB477A31B06C5DDDF" xlink:type="locator"/>

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<link:label id="lab_stt_CollectivelyEvaluatedforImpairmentMember_27755C6D471DEDC266FDA31B06C6F311_terseLabel_en-US" xlink:label="lab_stt_CollectivelyEvaluatedforImpairmentMember_27755C6D471DEDC266FDA31B06C6F311" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Collectively evaluated for impairment </link:label>

<link:label id="lab_stt_CollectivelyEvaluatedforImpairmentMember_27755C6D471DEDC266FDA31B06C6F311_label_en-US" xlink:label="lab_stt_CollectivelyEvaluatedforImpairmentMember_27755C6D471DEDC266FDA31B06C6F311" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collectively Evaluated for Impairment [Member] </link:label>

<link:label id="lab_stt_CollectivelyEvaluatedforImpairmentMember_27755C6D471DEDC266FDA31B06C6F311_documentation_en-US" xlink:label="lab_stt_CollectivelyEvaluatedforImpairmentMember_27755C6D471DEDC266FDA31B06C6F311" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Collectively Evaluated for Impairment [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_CollectivelyEvaluatedforImpairmentMember" xlink:label="loc_stt_CollectivelyEvaluatedforImpairmentMember_27755C6D471DEDC266FDA31B06C6F311" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_CollectivelyEvaluatedforImpairmentMember_27755C6D471DEDC266FDA31B06C6F311" xlink:to="lab_stt_CollectivelyEvaluatedforImpairmentMember_27755C6D471DEDC266FDA31B06C6F311" xlink:type="arc"/>

<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_ABD5F464D9280B6EC4A1A31B06C6EE98_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_ABD5F464D9280B6EC4A1A31B06C6EE98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Class of Financing Receivable [Axis] </link:label>

<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_ABD5F464D9280B6EC4A1A31B06C6EE98_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_ABD5F464D9280B6EC4A1A31B06C6EE98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Class of Financing Receivable, Type [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_ABD5F464D9280B6EC4A1A31B06C6EE98" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_ABD5F464D9280B6EC4A1A31B06C6EE98" xlink:to="lab_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_ABD5F464D9280B6EC4A1A31B06C6EE98" xlink:type="arc"/>

<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_D7562C99007B00258AAAA31B06C6DBB5_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_D7562C99007B00258AAAA31B06C6DBB5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Class of Financing Receivable [Domain] </link:label>

<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_D7562C99007B00258AAAA31B06C6DBB5_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_D7562C99007B00258AAAA31B06C6DBB5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Class of Financing Receivable, Type [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_D7562C99007B00258AAAA31B06C6DBB5" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_D7562C99007B00258AAAA31B06C6DBB5" xlink:to="lab_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_D7562C99007B00258AAAA31B06C6DBB5" xlink:type="arc"/>

<link:label id="lab_stt_CommercialAndFinancialMember_63AE103BD5A3B7825864A31B06C63B7E_terseLabel_en-US" xlink:label="lab_stt_CommercialAndFinancialMember_63AE103BD5A3B7825864A31B06C63B7E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial and Financial </link:label>

<link:label id="lab_stt_CommercialAndFinancialMember_63AE103BD5A3B7825864A31B06C63B7E_label_en-US" xlink:label="lab_stt_CommercialAndFinancialMember_63AE103BD5A3B7825864A31B06C63B7E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial And Financial [Member] </link:label>

<link:label id="lab_stt_CommercialAndFinancialMember_63AE103BD5A3B7825864A31B06C63B7E_documentation_en-US" xlink:label="lab_stt_CommercialAndFinancialMember_63AE103BD5A3B7825864A31B06C63B7E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Commercial and Financial [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_CommercialAndFinancialMember" xlink:label="loc_stt_CommercialAndFinancialMember_63AE103BD5A3B7825864A31B06C63B7E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_CommercialAndFinancialMember_63AE103BD5A3B7825864A31B06C63B7E" xlink:to="lab_stt_CommercialAndFinancialMember_63AE103BD5A3B7825864A31B06C63B7E" xlink:type="arc"/>

<link:label id="lab_us-gaap_CommercialRealEstatePortfolioSegmentMember_F962D696541FF43DB197A31B06C60010_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialRealEstatePortfolioSegmentMember_F962D696541FF43DB197A31B06C60010" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial Real Estate </link:label>

<link:label id="lab_us-gaap_CommercialRealEstatePortfolioSegmentMember_F962D696541FF43DB197A31B06C60010_label_en-US" xlink:label="lab_us-gaap_CommercialRealEstatePortfolioSegmentMember_F962D696541FF43DB197A31B06C60010" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial Real Estate Portfolio Segment [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialRealEstatePortfolioSegmentMember" xlink:label="loc_us-gaap_CommercialRealEstatePortfolioSegmentMember_F962D696541FF43DB197A31B06C60010" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommercialRealEstatePortfolioSegmentMember_F962D696541FF43DB197A31B06C60010" xlink:to="lab_us-gaap_CommercialRealEstatePortfolioSegmentMember_F962D696541FF43DB197A31B06C60010" xlink:type="arc"/>

<link:label id="lab_us-gaap_FinanceLeasesPortfolioSegmentMember_211340700E1CC12389CCA31B06C652FD_terseLabel_en-US" xlink:label="lab_us-gaap_FinanceLeasesPortfolioSegmentMember_211340700E1CC12389CCA31B06C652FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Lease Financing </link:label>

<link:label id="lab_us-gaap_FinanceLeasesPortfolioSegmentMember_211340700E1CC12389CCA31B06C652FD_label_en-US" xlink:label="lab_us-gaap_FinanceLeasesPortfolioSegmentMember_211340700E1CC12389CCA31B06C652FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finance Leases Portfolio Segment [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinanceLeasesPortfolioSegmentMember" xlink:label="loc_us-gaap_FinanceLeasesPortfolioSegmentMember_211340700E1CC12389CCA31B06C652FD" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinanceLeasesPortfolioSegmentMember_211340700E1CC12389CCA31B06C652FD" xlink:to="lab_us-gaap_FinanceLeasesPortfolioSegmentMember_211340700E1CC12389CCA31B06C652FD" xlink:type="arc"/>

<link:label id="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_5BA4BD7E969934E5E63FA31B06C67084_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_5BA4BD7E969934E5E63FA31B06C67084" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accounts, Notes, Loans and Financing Receivable [Line Items] </link:label>

<link:label id="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_5BA4BD7E969934E5E63FA31B06C67084_label_en-US" xlink:label="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_5BA4BD7E969934E5E63FA31B06C67084" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounts, Notes, Loans and Financing Receivable [Line Items] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="loc_us-gaap_AccountsNotesAndLoansReceivableLineItems_5BA4BD7E969934E5E63FA31B06C67084" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsNotesAndLoansReceivableLineItems_5BA4BD7E969934E5E63FA31B06C67084" xlink:to="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_5BA4BD7E969934E5E63FA31B06C67084" xlink:type="arc"/>

<link:label id="lab_us-gaap_LoansAndLeasesReceivableGrossCarryingAmount_37D147A13C94A3C5AD94A31B06C68E22_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableGrossCarryingAmount_37D147A13C94A3C5AD94A31B06C68E22" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total loans and leases </link:label>

<link:label id="lab_us-gaap_LoansAndLeasesReceivableGrossCarryingAmount_37D147A13C94A3C5AD94A31B06C68E22_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableGrossCarryingAmount_37D147A13C94A3C5AD94A31B06C68E22" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Gross </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansAndLeasesReceivableGrossCarryingAmount" xlink:label="loc_us-gaap_LoansAndLeasesReceivableGrossCarryingAmount_37D147A13C94A3C5AD94A31B06C68E22" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableGrossCarryingAmount_37D147A13C94A3C5AD94A31B06C68E22" xlink:to="lab_us-gaap_LoansAndLeasesReceivableGrossCarryingAmount_37D147A13C94A3C5AD94A31B06C68E22" xlink:type="arc"/>

<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_27C80CA333167167C522454BA03147D4_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_27C80CA333167167C522454BA03147D4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets by Major Class [Axis] </link:label>

<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_27C80CA333167167C522454BA03147D4_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_27C80CA333167167C522454BA03147D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets by Major Class [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_27C80CA333167167C522454BA03147D4" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_27C80CA333167167C522454BA03147D4" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_27C80CA333167167C522454BA03147D4" xlink:type="arc"/>

<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_956BE591D0A75B2C6EB3454BA0314A90_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_956BE591D0A75B2C6EB3454BA0314A90" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Major Class Name [Domain] </link:label>

<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_956BE591D0A75B2C6EB3454BA0314A90_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_956BE591D0A75B2C6EB3454BA0314A90" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Major Class Name [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_956BE591D0A75B2C6EB3454BA0314A90" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_956BE591D0A75B2C6EB3454BA0314A90" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_956BE591D0A75B2C6EB3454BA0314A90" xlink:type="arc"/>

<link:label id="lab_us-gaap_CustomerRelationshipsMember_5E18E0D487BAEACE06CA454BA0316F3A_terseLabel_en-US" xlink:label="lab_us-gaap_CustomerRelationshipsMember_5E18E0D487BAEACE06CA454BA0316F3A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Client relationships </link:label>

<link:label id="lab_us-gaap_CustomerRelationshipsMember_5E18E0D487BAEACE06CA454BA0316F3A_label_en-US" xlink:label="lab_us-gaap_CustomerRelationshipsMember_5E18E0D487BAEACE06CA454BA0316F3A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Customer Relationships [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CustomerRelationshipsMember" xlink:label="loc_us-gaap_CustomerRelationshipsMember_5E18E0D487BAEACE06CA454BA0316F3A" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CustomerRelationshipsMember_5E18E0D487BAEACE06CA454BA0316F3A" xlink:to="lab_us-gaap_CustomerRelationshipsMember_5E18E0D487BAEACE06CA454BA0316F3A" xlink:type="arc"/>

<link:label id="lab_us-gaap_CoreDepositsMember_587BCB86BF1BD558F7A6454BA0315010_terseLabel_en-US" xlink:label="lab_us-gaap_CoreDepositsMember_587BCB86BF1BD558F7A6454BA0315010" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Core deposits </link:label>

<link:label id="lab_us-gaap_CoreDepositsMember_587BCB86BF1BD558F7A6454BA0315010_label_en-US" xlink:label="lab_us-gaap_CoreDepositsMember_587BCB86BF1BD558F7A6454BA0315010" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Core Deposits [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CoreDepositsMember" xlink:label="loc_us-gaap_CoreDepositsMember_587BCB86BF1BD558F7A6454BA0315010" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CoreDepositsMember_587BCB86BF1BD558F7A6454BA0315010" xlink:to="lab_us-gaap_CoreDepositsMember_587BCB86BF1BD558F7A6454BA0315010" xlink:type="arc"/>

<link:label id="lab_us-gaap_OtherIntangibleAssetsMember_A0ECFE1BCDC2CDF3C2EC454BA0313EF1_terseLabel_en-US" xlink:label="lab_us-gaap_OtherIntangibleAssetsMember_A0ECFE1BCDC2CDF3C2EC454BA0313EF1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>

<link:label id="lab_us-gaap_OtherIntangibleAssetsMember_A0ECFE1BCDC2CDF3C2EC454BA0313EF1_label_en-US" xlink:label="lab_us-gaap_OtherIntangibleAssetsMember_A0ECFE1BCDC2CDF3C2EC454BA0313EF1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Intangible Assets [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIntangibleAssetsMember" xlink:label="loc_us-gaap_OtherIntangibleAssetsMember_A0ECFE1BCDC2CDF3C2EC454BA0313EF1" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherIntangibleAssetsMember_A0ECFE1BCDC2CDF3C2EC454BA0313EF1" xlink:to="lab_us-gaap_OtherIntangibleAssetsMember_A0ECFE1BCDC2CDF3C2EC454BA0313EF1" xlink:type="arc"/>

<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsGross_F472D69E1A555141A4C7454BA031DF8F_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsGross_F472D69E1A555141A4C7454BA031DF8F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gross Carrying Amount </link:label>

<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsGross_F472D69E1A555141A4C7454BA031DF8F_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsGross_F472D69E1A555141A4C7454BA031DF8F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Gross </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsGross" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsGross_F472D69E1A555141A4C7454BA031DF8F" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsGross_F472D69E1A555141A4C7454BA031DF8F" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsGross_F472D69E1A555141A4C7454BA031DF8F" xlink:type="arc"/>

<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_0FEDBD06EC391F9BF5B2454BA03194DC_negatedLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_0FEDBD06EC391F9BF5B2454BA03194DC" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Accumulated Amortization </link:label>

<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_0FEDBD06EC391F9BF5B2454BA03194DC_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_0FEDBD06EC391F9BF5B2454BA03194DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Accumulated Amortization </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_0FEDBD06EC391F9BF5B2454BA03194DC" xlink:type="locator"/>

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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsNet_1C27A804B4D6C5AC67B3454BA0317C0A_totalLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsNet_1C27A804B4D6C5AC67B3454BA0317C0A" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net Carrying Amount </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsNet" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsNet_1C27A804B4D6C5AC67B3454BA0317C0A" xlink:type="locator"/>

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<link:label id="lab_us-gaap_InterestIncomeAndInterestExpenseDisclosureTextBlock_C86AD9AC4D9C3A6A4D11454B9F944980_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeAndInterestExpenseDisclosureTextBlock_C86AD9AC4D9C3A6A4D11454B9F944980" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net Interest Income </link:label>

<link:label id="lab_us-gaap_InterestIncomeAndInterestExpenseDisclosureTextBlock_C86AD9AC4D9C3A6A4D11454B9F944980_label_en-US" xlink:label="lab_us-gaap_InterestIncomeAndInterestExpenseDisclosureTextBlock_C86AD9AC4D9C3A6A4D11454B9F944980" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income and Interest Expense Disclosure [Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestIncomeAndInterestExpenseDisclosureTextBlock" xlink:label="loc_us-gaap_InterestIncomeAndInterestExpenseDisclosureTextBlock_C86AD9AC4D9C3A6A4D11454B9F944980" xlink:type="locator"/>

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<link:label id="lab_us-gaap_LongTermDebtMember_437C7354BB70DE02CD70454BA073FC63_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMember_437C7354BB70DE02CD70454BA073FC63" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term debt </link:label>

<link:label id="lab_us-gaap_LongTermDebtMember_437C7354BB70DE02CD70454BA073FC63_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMember_437C7354BB70DE02CD70454BA073FC63" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt [Member] </link:label>

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<link:label id="lab_stt_ContractualRates_D628610B5D34C2880AC0454BA0735BCE_terseLabel_en-US" xlink:label="lab_stt_ContractualRates_D628610B5D34C2880AC0454BA0735BCE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Contractual rates </link:label>

<link:label id="lab_stt_ContractualRates_D628610B5D34C2880AC0454BA0735BCE_label_en-US" xlink:label="lab_stt_ContractualRates_D628610B5D34C2880AC0454BA0735BCE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Contractual Rates </link:label>

<link:label id="lab_stt_ContractualRates_D628610B5D34C2880AC0454BA0735BCE_documentation_en-US" xlink:label="lab_stt_ContractualRates_D628610B5D34C2880AC0454BA0735BCE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Contractual Rates </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_ContractualRates" xlink:label="loc_stt_ContractualRates_D628610B5D34C2880AC0454BA0735BCE" xlink:type="locator"/>

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<link:label id="lab_stt_RateIncludingImpactOfHedges_6AB087C1860B3E0EAE50454BA073BCF4_terseLabel_en-US" xlink:label="lab_stt_RateIncludingImpactOfHedges_6AB087C1860B3E0EAE50454BA073BCF4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Rate including impact of hedges </link:label>

<link:label id="lab_stt_RateIncludingImpactOfHedges_6AB087C1860B3E0EAE50454BA073BCF4_label_en-US" xlink:label="lab_stt_RateIncludingImpactOfHedges_6AB087C1860B3E0EAE50454BA073BCF4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Rate Including Impact of Hedges </link:label>

<link:label id="lab_stt_RateIncludingImpactOfHedges_6AB087C1860B3E0EAE50454BA073BCF4_documentation_en-US" xlink:label="lab_stt_RateIncludingImpactOfHedges_6AB087C1860B3E0EAE50454BA073BCF4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Rate Including Impact of Hedges </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_RateIncludingImpactOfHedges" xlink:label="loc_stt_RateIncludingImpactOfHedges_6AB087C1860B3E0EAE50454BA073BCF4" xlink:type="locator"/>

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<link:label id="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_F4236EA20EB46237213E454B9F9522D6_terseLabel_en-US" xlink:label="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_F4236EA20EB46237213E454B9F9522D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Basis of Presentation </link:label>

<link:label id="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_F4236EA20EB46237213E454B9F9522D6_label_en-US" xlink:label="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_F4236EA20EB46237213E454B9F9522D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Basis of Accounting, Policy [Policy Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:label="loc_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_F4236EA20EB46237213E454B9F9522D6" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ConsolidationPolicyTextBlock_DB20F5414146F0AAC1ED454B9F95D4D6_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_DB20F5414146F0AAC1ED454B9F95D4D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Consolidation </link:label>

<link:label id="lab_us-gaap_ConsolidationPolicyTextBlock_DB20F5414146F0AAC1ED454B9F95D4D6_label_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_DB20F5414146F0AAC1ED454B9F95D4D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consolidation, Policy [Policy Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="loc_us-gaap_ConsolidationPolicyTextBlock_DB20F5414146F0AAC1ED454B9F95D4D6" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationPolicyTextBlock_DB20F5414146F0AAC1ED454B9F95D4D6" xlink:to="lab_us-gaap_ConsolidationPolicyTextBlock_DB20F5414146F0AAC1ED454B9F95D4D6" xlink:type="arc"/>

<link:label id="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_3B7DE5934056A0A40F3B454B9F957847_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_3B7DE5934056A0A40F3B454B9F957847" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Recent Accounting Developments </link:label>

<link:label id="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_3B7DE5934056A0A40F3B454B9F957847_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_3B7DE5934056A0A40F3B454B9F957847" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> New Accounting Pronouncements, Policy [Policy Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_3B7DE5934056A0A40F3B454B9F957847" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_3B7DE5934056A0A40F3B454B9F957847" xlink:to="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_3B7DE5934056A0A40F3B454B9F957847" xlink:type="arc"/>

<link:label id="lab_us-gaap_LongtermDebtTypeAxis_CBE8DC9A0FF3A5D3A556454BA0D3C733_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeAxis_CBE8DC9A0FF3A5D3A556454BA0D3C733" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Type [Axis] </link:label>

<link:label id="lab_us-gaap_LongtermDebtTypeAxis_CBE8DC9A0FF3A5D3A556454BA0D3C733_label_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeAxis_CBE8DC9A0FF3A5D3A556454BA0D3C733" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Type [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongtermDebtTypeAxis" xlink:label="loc_us-gaap_LongtermDebtTypeAxis_CBE8DC9A0FF3A5D3A556454BA0D3C733" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongtermDebtTypeAxis_CBE8DC9A0FF3A5D3A556454BA0D3C733" xlink:to="lab_us-gaap_LongtermDebtTypeAxis_CBE8DC9A0FF3A5D3A556454BA0D3C733" xlink:type="arc"/>

<link:label id="lab_us-gaap_LongtermDebtTypeDomain_394C31C6F8D0CA945B31454BA0D3625F_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeDomain_394C31C6F8D0CA945B31454BA0D3625F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Type [Domain] </link:label>

<link:label id="lab_us-gaap_LongtermDebtTypeDomain_394C31C6F8D0CA945B31454BA0D3625F_label_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeDomain_394C31C6F8D0CA945B31454BA0D3625F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Type [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongtermDebtTypeDomain" xlink:label="loc_us-gaap_LongtermDebtTypeDomain_394C31C6F8D0CA945B31454BA0D3625F" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_394C31C6F8D0CA945B31454BA0D3625F" xlink:to="lab_us-gaap_LongtermDebtTypeDomain_394C31C6F8D0CA945B31454BA0D3625F" xlink:type="arc"/>

<link:label id="lab_us-gaap_InvestmentTypeAxis_F5668E19C0D755D0DC9D454BA0D34CBD_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentTypeAxis_F5668E19C0D755D0DC9D454BA0D34CBD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment Type [Axis] </link:label>

<link:label id="lab_us-gaap_InvestmentTypeAxis_F5668E19C0D755D0DC9D454BA0D34CBD_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeAxis_F5668E19C0D755D0DC9D454BA0D34CBD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Type [Axis] </link:label>

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<link:label id="lab_us-gaap_InvestmentTypeCategorizationMember_294D1D99BE2F968718E3454BA0D3F758_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentTypeCategorizationMember_294D1D99BE2F968718E3454BA0D3F758" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investments [Domain] </link:label>

<link:label id="lab_us-gaap_InvestmentTypeCategorizationMember_294D1D99BE2F968718E3454BA0D3F758_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeCategorizationMember_294D1D99BE2F968718E3454BA0D3F758" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investments [Domain] </link:label>

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<link:label id="lab_stt_OnePointThreeFiveSeniorNoteMember_A5D3A8C8B26A1F28D3FF454BA0D33FAC_terseLabel_en-US" xlink:label="lab_stt_OnePointThreeFiveSeniorNoteMember_A5D3A8C8B26A1F28D3FF454BA0D33FAC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 1.35% notes due 2018 </link:label>

<link:label id="lab_stt_OnePointThreeFiveSeniorNoteMember_A5D3A8C8B26A1F28D3FF454BA0D33FAC_label_en-US" xlink:label="lab_stt_OnePointThreeFiveSeniorNoteMember_A5D3A8C8B26A1F28D3FF454BA0D33FAC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> One Point Three Five Senior Note [Member] </link:label>

<link:label id="lab_stt_OnePointThreeFiveSeniorNoteMember_A5D3A8C8B26A1F28D3FF454BA0D33FAC_documentation_en-US" xlink:label="lab_stt_OnePointThreeFiveSeniorNoteMember_A5D3A8C8B26A1F28D3FF454BA0D33FAC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> One Point Three Five Senior Note [Member] </link:label>

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<link:label id="lab_stt_TwoPointFiveFivePercentNoteDue2020Member_189698E3275543A91E01454BA0D3BFC5_terseLabel_en-US" xlink:label="lab_stt_TwoPointFiveFivePercentNoteDue2020Member_189698E3275543A91E01454BA0D3BFC5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2.55% notes due 2020 </link:label>

<link:label id="lab_stt_TwoPointFiveFivePercentNoteDue2020Member_189698E3275543A91E01454BA0D3BFC5_label_en-US" xlink:label="lab_stt_TwoPointFiveFivePercentNoteDue2020Member_189698E3275543A91E01454BA0D3BFC5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Two Point Five Five Percent Note Due 2020 [Member] </link:label>

<link:label id="lab_stt_TwoPointFiveFivePercentNoteDue2020Member_189698E3275543A91E01454BA0D3BFC5_documentation_en-US" xlink:label="lab_stt_TwoPointFiveFivePercentNoteDue2020Member_189698E3275543A91E01454BA0D3BFC5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Two Point Five Five percent note due 2020 [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_TwoPointFiveFivePercentNoteDue2020Member" xlink:label="loc_stt_TwoPointFiveFivePercentNoteDue2020Member_189698E3275543A91E01454BA0D3BFC5" xlink:type="locator"/>

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<link:label id="lab_stt_OnePointNineFivePercentNotesDue2021Member_3C195CCBCEF74B4EE857454BA0D3001E_terseLabel_en-US" xlink:label="lab_stt_OnePointNineFivePercentNotesDue2021Member_3C195CCBCEF74B4EE857454BA0D3001E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 1.95% Notes Due 2021 </link:label>

<link:label id="lab_stt_OnePointNineFivePercentNotesDue2021Member_3C195CCBCEF74B4EE857454BA0D3001E_label_en-US" xlink:label="lab_stt_OnePointNineFivePercentNotesDue2021Member_3C195CCBCEF74B4EE857454BA0D3001E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> One Point Nine Five Percent Notes Due 2021 [Member] </link:label>

<link:label id="lab_stt_OnePointNineFivePercentNotesDue2021Member_3C195CCBCEF74B4EE857454BA0D3001E_documentation_en-US" xlink:label="lab_stt_OnePointNineFivePercentNotesDue2021Member_3C195CCBCEF74B4EE857454BA0D3001E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> One Point Nine Five Percent Notes Due 2021 [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_OnePointNineFivePercentNotesDue2021Member" xlink:label="loc_stt_OnePointNineFivePercentNotesDue2021Member_3C195CCBCEF74B4EE857454BA0D3001E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_OnePointNineFivePercentNotesDue2021Member_3C195CCBCEF74B4EE857454BA0D3001E" xlink:to="lab_stt_OnePointNineFivePercentNotesDue2021Member_3C195CCBCEF74B4EE857454BA0D3001E" xlink:type="arc"/>

<link:label id="lab_stt_FourPointThreeEightPercentNoteDue2021Member_E1A90827EB5434D2FD22454BA0D3A524_terseLabel_en-US" xlink:label="lab_stt_FourPointThreeEightPercentNoteDue2021Member_E1A90827EB5434D2FD22454BA0D3A524" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 4.38% note due 2021 </link:label>

<link:label id="lab_stt_FourPointThreeEightPercentNoteDue2021Member_E1A90827EB5434D2FD22454BA0D3A524_label_en-US" xlink:label="lab_stt_FourPointThreeEightPercentNoteDue2021Member_E1A90827EB5434D2FD22454BA0D3A524" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Four Point Three Eight Percent Note Due 2021 [Member] </link:label>

<link:label id="lab_stt_FourPointThreeEightPercentNoteDue2021Member_E1A90827EB5434D2FD22454BA0D3A524_documentation_en-US" xlink:label="lab_stt_FourPointThreeEightPercentNoteDue2021Member_E1A90827EB5434D2FD22454BA0D3A524" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Four Point Three Eight percent note due 2021 [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_FourPointThreeEightPercentNoteDue2021Member" xlink:label="loc_stt_FourPointThreeEightPercentNoteDue2021Member_E1A90827EB5434D2FD22454BA0D3A524" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_FourPointThreeEightPercentNoteDue2021Member_E1A90827EB5434D2FD22454BA0D3A524" xlink:to="lab_stt_FourPointThreeEightPercentNoteDue2021Member_E1A90827EB5434D2FD22454BA0D3A524" xlink:type="arc"/>

<link:label id="lab_stt_ThreePointSevenZeroPercentSeniorNotesDue2023Member_86B2B6681AB1C4C7B2BC454BA0D32790_terseLabel_en-US" xlink:label="lab_stt_ThreePointSevenZeroPercentSeniorNotesDue2023Member_86B2B6681AB1C4C7B2BC454BA0D32790" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 3.70% notes due in 2023 </link:label>

<link:label id="lab_stt_ThreePointSevenZeroPercentSeniorNotesDue2023Member_86B2B6681AB1C4C7B2BC454BA0D32790_label_en-US" xlink:label="lab_stt_ThreePointSevenZeroPercentSeniorNotesDue2023Member_86B2B6681AB1C4C7B2BC454BA0D32790" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Three Point Seven Zero Percent Senior Notes Due 2023 [Member] </link:label>

<link:label id="lab_stt_ThreePointSevenZeroPercentSeniorNotesDue2023Member_86B2B6681AB1C4C7B2BC454BA0D32790_documentation_en-US" xlink:label="lab_stt_ThreePointSevenZeroPercentSeniorNotesDue2023Member_86B2B6681AB1C4C7B2BC454BA0D32790" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Three Point Seven Zero Percent Senior Notes Due 2023 [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_ThreePointSevenZeroPercentSeniorNotesDue2023Member" xlink:label="loc_stt_ThreePointSevenZeroPercentSeniorNotesDue2023Member_86B2B6681AB1C4C7B2BC454BA0D32790" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_ThreePointSevenZeroPercentSeniorNotesDue2023Member_86B2B6681AB1C4C7B2BC454BA0D32790" xlink:to="lab_stt_ThreePointSevenZeroPercentSeniorNotesDue2023Member_86B2B6681AB1C4C7B2BC454BA0D32790" xlink:type="arc"/>

<link:label id="lab_stt_ThreePointThreeZeroPercentNotesDue2024Member_9E06FD44890E0369C546454BA0D37F2B_terseLabel_en-US" xlink:label="lab_stt_ThreePointThreeZeroPercentNotesDue2024Member_9E06FD44890E0369C546454BA0D37F2B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 3.30% notes due 2024 </link:label>

<link:label id="lab_stt_ThreePointThreeZeroPercentNotesDue2024Member_9E06FD44890E0369C546454BA0D37F2B_label_en-US" xlink:label="lab_stt_ThreePointThreeZeroPercentNotesDue2024Member_9E06FD44890E0369C546454BA0D37F2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Three Point Three Zero Percent Notes Due 2024 [Member] </link:label>

<link:label id="lab_stt_ThreePointThreeZeroPercentNotesDue2024Member_9E06FD44890E0369C546454BA0D37F2B_documentation_en-US" xlink:label="lab_stt_ThreePointThreeZeroPercentNotesDue2024Member_9E06FD44890E0369C546454BA0D37F2B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Three Point Three Zero Percent Notes Due 2024 [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_ThreePointThreeZeroPercentNotesDue2024Member" xlink:label="loc_stt_ThreePointThreeZeroPercentNotesDue2024Member_9E06FD44890E0369C546454BA0D37F2B" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_ThreePointThreeZeroPercentNotesDue2024Member_9E06FD44890E0369C546454BA0D37F2B" xlink:to="lab_stt_ThreePointThreeZeroPercentNotesDue2024Member_9E06FD44890E0369C546454BA0D37F2B" xlink:type="arc"/>

<link:label id="lab_stt_ThreePointFiveFivePercentNotesDue2025Member_48C2336CC93226BB1D5E454BA0D32D24_terseLabel_en-US" xlink:label="lab_stt_ThreePointFiveFivePercentNotesDue2025Member_48C2336CC93226BB1D5E454BA0D32D24" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 3.55% notes due 2025 </link:label>

<link:label id="lab_stt_ThreePointFiveFivePercentNotesDue2025Member_48C2336CC93226BB1D5E454BA0D32D24_label_en-US" xlink:label="lab_stt_ThreePointFiveFivePercentNotesDue2025Member_48C2336CC93226BB1D5E454BA0D32D24" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Three Point Five Five Percent Notes Due 2025 [Member] </link:label>

<link:label id="lab_stt_ThreePointFiveFivePercentNotesDue2025Member_48C2336CC93226BB1D5E454BA0D32D24_documentation_en-US" xlink:label="lab_stt_ThreePointFiveFivePercentNotesDue2025Member_48C2336CC93226BB1D5E454BA0D32D24" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Three Point Five Five Percent Notes Due 2025 [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_ThreePointFiveFivePercentNotesDue2025Member" xlink:label="loc_stt_ThreePointFiveFivePercentNotesDue2025Member_48C2336CC93226BB1D5E454BA0D32D24" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_ThreePointFiveFivePercentNotesDue2025Member_48C2336CC93226BB1D5E454BA0D32D24" xlink:to="lab_stt_ThreePointFiveFivePercentNotesDue2025Member_48C2336CC93226BB1D5E454BA0D32D24" xlink:type="arc"/>

<link:label id="lab_stt_TwoPointSixFivePercentNotesDue2026Member_C189B5D25ADFC391058E454BA0D3D323_terseLabel_en-US" xlink:label="lab_stt_TwoPointSixFivePercentNotesDue2026Member_C189B5D25ADFC391058E454BA0D3D323" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2.65% notes due 2026 </link:label>

<link:label id="lab_stt_TwoPointSixFivePercentNotesDue2026Member_C189B5D25ADFC391058E454BA0D3D323_label_en-US" xlink:label="lab_stt_TwoPointSixFivePercentNotesDue2026Member_C189B5D25ADFC391058E454BA0D3D323" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Two Point Six Five Percent Notes Due 2026 [Member] </link:label>

<link:label id="lab_stt_TwoPointSixFivePercentNotesDue2026Member_C189B5D25ADFC391058E454BA0D3D323_documentation_en-US" xlink:label="lab_stt_TwoPointSixFivePercentNotesDue2026Member_C189B5D25ADFC391058E454BA0D3D323" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Two Point Six Five Percent Notes Due 2026 [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_TwoPointSixFivePercentNotesDue2026Member" xlink:label="loc_stt_TwoPointSixFivePercentNotesDue2026Member_C189B5D25ADFC391058E454BA0D3D323" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_TwoPointSixFivePercentNotesDue2026Member_C189B5D25ADFC391058E454BA0D3D323" xlink:to="lab_stt_TwoPointSixFivePercentNotesDue2026Member_C189B5D25ADFC391058E454BA0D3D323" xlink:type="arc"/>

<link:label id="lab_stt_ThreePoineOneSubordinatedNoteMember_7EFEEEC8F184CA121877454BA0D3C01A_terseLabel_en-US" xlink:label="lab_stt_ThreePoineOneSubordinatedNoteMember_7EFEEEC8F184CA121877454BA0D3C01A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 3.10% subordinated note due 2023 </link:label>

<link:label id="lab_stt_ThreePoineOneSubordinatedNoteMember_7EFEEEC8F184CA121877454BA0D3C01A_label_en-US" xlink:label="lab_stt_ThreePoineOneSubordinatedNoteMember_7EFEEEC8F184CA121877454BA0D3C01A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Three Poine One Subordinated Note [Member] </link:label>

<link:label id="lab_stt_ThreePoineOneSubordinatedNoteMember_7EFEEEC8F184CA121877454BA0D3C01A_documentation_en-US" xlink:label="lab_stt_ThreePoineOneSubordinatedNoteMember_7EFEEEC8F184CA121877454BA0D3C01A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Three Poine One Subordinated Note [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_ThreePoineOneSubordinatedNoteMember" xlink:label="loc_stt_ThreePoineOneSubordinatedNoteMember_7EFEEEC8F184CA121877454BA0D3C01A" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_ThreePoineOneSubordinatedNoteMember_7EFEEEC8F184CA121877454BA0D3C01A" xlink:to="lab_stt_ThreePoineOneSubordinatedNoteMember_7EFEEEC8F184CA121877454BA0D3C01A" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeFixedInterestRate_A944F9D03DAE7E336A05454BA0D338EC_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFixedInterestRate_A944F9D03DAE7E336A05454BA0D338EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fixed interest rate </link:label>

<link:label id="lab_us-gaap_DerivativeFixedInterestRate_A944F9D03DAE7E336A05454BA0D338EC_label_en-US" xlink:label="lab_us-gaap_DerivativeFixedInterestRate_A944F9D03DAE7E336A05454BA0D338EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Fixed Interest Rate </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFixedInterestRate" xlink:label="loc_us-gaap_DerivativeFixedInterestRate_A944F9D03DAE7E336A05454BA0D338EC" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFixedInterestRate_A944F9D03DAE7E336A05454BA0D338EC" xlink:to="lab_us-gaap_DerivativeFixedInterestRate_A944F9D03DAE7E336A05454BA0D338EC" xlink:type="arc"/>

<link:label id="lab_us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock_21022EA4FB0461B62C9E454BA0129F32_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock_21022EA4FB0461B62C9E454BA0129F32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Regulatory Capital </link:label>

<link:label id="lab_us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock_21022EA4FB0461B62C9E454BA0129F32_label_en-US" xlink:label="lab_us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock_21022EA4FB0461B62C9E454BA0129F32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock" xlink:label="loc_us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock_21022EA4FB0461B62C9E454BA0129F32" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock_21022EA4FB0461B62C9E454BA0129F32" xlink:to="lab_us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock_21022EA4FB0461B62C9E454BA0129F32" xlink:type="arc"/>

<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_969FE907B348384C179F99FE6E0934C8_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_969FE907B348384C179F99FE6E0934C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net unrealized gains (losses) on cash flow hedges </link:label>

<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_969FE907B348384C179F99FE6E0934C8_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_969FE907B348384C179F99FE6E0934C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_969FE907B348384C179F99FE6E0934C8" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_969FE907B348384C179F99FE6E0934C8" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_969FE907B348384C179F99FE6E0934C8" xlink:type="arc"/>

<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_C6AECBBC2C36B6C4D00999FE6E090BCB_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_C6AECBBC2C36B6C4D00999FE6E090BCB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net unrealized gains (losses) on available-for-sale securities portfolio </link:label>

<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_C6AECBBC2C36B6C4D00999FE6E090BCB_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_C6AECBBC2C36B6C4D00999FE6E090BCB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_C6AECBBC2C36B6C4D00999FE6E090BCB" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_C6AECBBC2C36B6C4D00999FE6E090BCB" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_C6AECBBC2C36B6C4D00999FE6E090BCB" xlink:type="arc"/>

<link:label id="lab_stt_NetUnrealizedLossRelatedToReclassifiedSecurities_35A37E0670A38F0211F899FE6E09C37B_negatedTerseLabel_en-US" xlink:label="lab_stt_NetUnrealizedLossRelatedToReclassifiedSecurities_35A37E0670A38F0211F899FE6E09C37B" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Net unrealized gains (losses) related to reclassified available-for-sale securities </link:label>

<link:label id="lab_stt_NetUnrealizedLossRelatedToReclassifiedSecurities_35A37E0670A38F0211F899FE6E09C37B_label_en-US" xlink:label="lab_stt_NetUnrealizedLossRelatedToReclassifiedSecurities_35A37E0670A38F0211F899FE6E09C37B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Unrealized Loss Related To Reclassified Securities </link:label>

<link:label id="lab_stt_NetUnrealizedLossRelatedToReclassifiedSecurities_35A37E0670A38F0211F899FE6E09C37B_documentation_en-US" xlink:label="lab_stt_NetUnrealizedLossRelatedToReclassifiedSecurities_35A37E0670A38F0211F899FE6E09C37B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Net Unrealized Loss Related To Reclassified Securities </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_NetUnrealizedLossRelatedToReclassifiedSecurities" xlink:label="loc_stt_NetUnrealizedLossRelatedToReclassifiedSecurities_35A37E0670A38F0211F899FE6E09C37B" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_NetUnrealizedLossRelatedToReclassifiedSecurities_35A37E0670A38F0211F899FE6E09C37B" xlink:to="lab_stt_NetUnrealizedLossRelatedToReclassifiedSecurities_35A37E0670A38F0211F899FE6E09C37B" xlink:type="arc"/>

<link:label id="lab_stt_NetUnrealizedGainsLossesonAvailableforsaleSecurities_7C5F8144F1CBD511A93199FE6E0939C5_totalLabel_en-US" xlink:label="lab_stt_NetUnrealizedGainsLossesonAvailableforsaleSecurities_7C5F8144F1CBD511A93199FE6E0939C5" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net unrealized gains (losses) on available-for-sale securities </link:label>

<link:label id="lab_stt_NetUnrealizedGainsLossesonAvailableforsaleSecurities_7C5F8144F1CBD511A93199FE6E0939C5_label_en-US" xlink:label="lab_stt_NetUnrealizedGainsLossesonAvailableforsaleSecurities_7C5F8144F1CBD511A93199FE6E0939C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Unrealized Gains (Losses) on Available-for-sale Securities </link:label>

<link:label id="lab_stt_NetUnrealizedGainsLossesonAvailableforsaleSecurities_7C5F8144F1CBD511A93199FE6E0939C5_documentation_en-US" xlink:label="lab_stt_NetUnrealizedGainsLossesonAvailableforsaleSecurities_7C5F8144F1CBD511A93199FE6E0939C5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Net Unrealized Gains (Losses) on Available-for-sale Securities </link:label>

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<link:label id="lab_stt_NetUnrealizedLossOnAvailableForSaleSecuritiesDesignatedInFairValueHedges_8664B3CD95B72DA8073099FE6E0926F5_negatedTerseLabel_en-US" xlink:label="lab_stt_NetUnrealizedLossOnAvailableForSaleSecuritiesDesignatedInFairValueHedges_8664B3CD95B72DA8073099FE6E0926F5" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Net unrealized losses on available-for-sale securities designated in fair value hedges </link:label>

<link:label id="lab_stt_NetUnrealizedLossOnAvailableForSaleSecuritiesDesignatedInFairValueHedges_8664B3CD95B72DA8073099FE6E0926F5_label_en-US" xlink:label="lab_stt_NetUnrealizedLossOnAvailableForSaleSecuritiesDesignatedInFairValueHedges_8664B3CD95B72DA8073099FE6E0926F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Unrealized Loss On Available For Sale Securities Designated In Fair Value Hedges </link:label>

<link:label id="lab_stt_NetUnrealizedLossOnAvailableForSaleSecuritiesDesignatedInFairValueHedges_8664B3CD95B72DA8073099FE6E0926F5_documentation_en-US" xlink:label="lab_stt_NetUnrealizedLossOnAvailableForSaleSecuritiesDesignatedInFairValueHedges_8664B3CD95B72DA8073099FE6E0926F5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Net Unrealized Loss On Available For Sale Securities Designated In Fair Value Hedges </link:label>

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<link:label id="lab_stt_NetUnrealizedLossOnHedgesOfNetInvestments_478EF191B380A57C107B99FE6E09E047_negatedTerseLabel_en-US" xlink:label="lab_stt_NetUnrealizedLossOnHedgesOfNetInvestments_478EF191B380A57C107B99FE6E09E047" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Net unrealized gains (losses) on hedges of net investments in non-U.S. subsidiaries </link:label>

<link:label id="lab_stt_NetUnrealizedLossOnHedgesOfNetInvestments_478EF191B380A57C107B99FE6E09E047_label_en-US" xlink:label="lab_stt_NetUnrealizedLossOnHedgesOfNetInvestments_478EF191B380A57C107B99FE6E09E047" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Unrealized Loss on Hedges of net Investments </link:label>

<link:label id="lab_stt_NetUnrealizedLossOnHedgesOfNetInvestments_478EF191B380A57C107B99FE6E09E047_documentation_en-US" xlink:label="lab_stt_NetUnrealizedLossOnHedgesOfNetInvestments_478EF191B380A57C107B99FE6E09E047" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Net Unrealized Loss on Hedges of net Investments </link:label>

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<link:label id="lab_stt_ExpectedLossesFromOtherThanTemporaryImpairmentOnHeldToMaturitySecurities_0FF78CBF873070EE3CA599FE6E099A6E_negatedTerseLabel_en-US" xlink:label="lab_stt_ExpectedLossesFromOtherThanTemporaryImpairmentOnHeldToMaturitySecurities_0FF78CBF873070EE3CA599FE6E099A6E" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Other-than-temporary impairment on held-to-maturity securities related to factors other than credit </link:label>

<link:label id="lab_stt_ExpectedLossesFromOtherThanTemporaryImpairmentOnHeldToMaturitySecurities_0FF78CBF873070EE3CA599FE6E099A6E_label_en-US" xlink:label="lab_stt_ExpectedLossesFromOtherThanTemporaryImpairmentOnHeldToMaturitySecurities_0FF78CBF873070EE3CA599FE6E099A6E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Expected Losses From Other Than Temporary Impairment On Held To Maturity Securities </link:label>

<link:label id="lab_stt_ExpectedLossesFromOtherThanTemporaryImpairmentOnHeldToMaturitySecurities_0FF78CBF873070EE3CA599FE6E099A6E_documentation_en-US" xlink:label="lab_stt_ExpectedLossesFromOtherThanTemporaryImpairmentOnHeldToMaturitySecurities_0FF78CBF873070EE3CA599FE6E099A6E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Expected losses from other than temporary impairment on held to maturity securities. </link:label>

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<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax_874E4A4EED243062907099FE6E09A9C9_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax_874E4A4EED243062907099FE6E09A9C9" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Net unrealized losses on retirement plans </link:label>

<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax_874E4A4EED243062907099FE6E09A9C9_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax_874E4A4EED243062907099FE6E09A9C9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax_874E4A4EED243062907099FE6E09A9C9" xlink:type="locator"/>

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<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax_E780485F252C0F73D1E399FE6E0AF087_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax_E780485F252C0F73D1E399FE6E0AF087" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign currency translation </link:label>

<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax_E780485F252C0F73D1E399FE6E0AF087_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax_E780485F252C0F73D1E399FE6E0AF087" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax_E780485F252C0F73D1E399FE6E0AF087" xlink:type="locator"/>

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<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_3ADFFB26E0B8999A5AB399FE6E0A0D06_totalLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_3ADFFB26E0B8999A5AB399FE6E0A0D06" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_3ADFFB26E0B8999A5AB399FE6E0A0D06" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_3ADFFB26E0B8999A5AB399FE6E0A0D06" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_3ADFFB26E0B8999A5AB399FE6E0A0D06" xlink:type="arc"/>

<link:label id="lab_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_B5239D3BDAE673A2DD543DBF20238779_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_B5239D3BDAE673A2DD543DBF20238779" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis </link:label>

<link:label id="lab_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_B5239D3BDAE673A2DD543DBF20238779_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_B5239D3BDAE673A2DD543DBF20238779" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_B5239D3BDAE673A2DD543DBF20238779" xlink:type="locator"/>

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<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_C0AB567BC4EF33AF32B73DBF2023EEAE_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_C0AB567BC4EF33AF32B73DBF2023EEAE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation </link:label>

<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_C0AB567BC4EF33AF32B73DBF2023EEAE_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_C0AB567BC4EF33AF32B73DBF2023EEAE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_C0AB567BC4EF33AF32B73DBF2023EEAE" xlink:type="locator"/>

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<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_2DF3A7CCBBB63CE236243E01BC032AA8_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_2DF3A7CCBBB63CE236243E01BC032AA8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation </link:label>

<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_2DF3A7CCBBB63CE236243E01BC032AA8_label_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_2DF3A7CCBBB63CE236243E01BC032AA8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_2DF3A7CCBBB63CE236243E01BC032AA8" xlink:type="locator"/>

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<link:label id="lab_us-gaap_FairValueInputsAssetsQuantitativeInformationTableTextBlock_D615328FB9F42B765F4C3DBF2023592D_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsAssetsQuantitativeInformationTableTextBlock_D615328FB9F42B765F4C3DBF2023592D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value Inputs, Assets, Quantitative Information </link:label>

<link:label id="lab_us-gaap_FairValueInputsAssetsQuantitativeInformationTableTextBlock_D615328FB9F42B765F4C3DBF2023592D_label_en-US" xlink:label="lab_us-gaap_FairValueInputsAssetsQuantitativeInformationTableTextBlock_D615328FB9F42B765F4C3DBF2023592D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Inputs, Assets, Quantitative Information [Table Text Block] </link:label>

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<link:label id="lab_us-gaap_FairValueInputsLiabilitiesQuantitativeInformationTableTextBlock_A6299F18644C790524323DBF20230F09_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLiabilitiesQuantitativeInformationTableTextBlock_A6299F18644C790524323DBF20230F09" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value Inputs, Liabilities, Quantitative Information </link:label>

<link:label id="lab_us-gaap_FairValueInputsLiabilitiesQuantitativeInformationTableTextBlock_A6299F18644C790524323DBF20230F09_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLiabilitiesQuantitativeInformationTableTextBlock_A6299F18644C790524323DBF20230F09" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Inputs, Liabilities, Quantitative Information [Table Text Block] </link:label>

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<link:label id="lab_stt_CarryingValueAndEstimatedFairValueOfFinancialInstrumentsByFairValueHierarchyTableTextBlock_17673D5AFC4F1BC39F183DBF20244AE2_terseLabel_en-US" xlink:label="lab_stt_CarryingValueAndEstimatedFairValueOfFinancialInstrumentsByFairValueHierarchyTableTextBlock_17673D5AFC4F1BC39F183DBF20244AE2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Carrying Value and Estimated Fair Value of Financial Instruments by Fair Value Hierarchy </link:label>

<link:label id="lab_stt_CarryingValueAndEstimatedFairValueOfFinancialInstrumentsByFairValueHierarchyTableTextBlock_17673D5AFC4F1BC39F183DBF20244AE2_label_en-US" xlink:label="lab_stt_CarryingValueAndEstimatedFairValueOfFinancialInstrumentsByFairValueHierarchyTableTextBlock_17673D5AFC4F1BC39F183DBF20244AE2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Carrying Value and Estimated Fair Value of Financial Instruments by Fair Value Hierarchy [Table Text Block] </link:label>

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<link:label id="lab_us-gaap_ScheduleOfAssetsSoldUnderAgreementsToRepurchaseTable_58C6CE9B9554EE07A5AD5830A732ED8B_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAssetsSoldUnderAgreementsToRepurchaseTable_58C6CE9B9554EE07A5AD5830A732ED8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Assets Sold under Agreements to Repurchase [Table] </link:label>

<link:label id="lab_us-gaap_ScheduleOfAssetsSoldUnderAgreementsToRepurchaseTable_58C6CE9B9554EE07A5AD5830A732ED8B_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAssetsSoldUnderAgreementsToRepurchaseTable_58C6CE9B9554EE07A5AD5830A732ED8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Assets Sold under Agreements to Repurchase [Table] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAssetsSoldUnderAgreementsToRepurchaseTable" xlink:label="loc_us-gaap_ScheduleOfAssetsSoldUnderAgreementsToRepurchaseTable_58C6CE9B9554EE07A5AD5830A732ED8B" xlink:type="locator"/>

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<link:label id="lab_us-gaap_USTreasuryAndGovernmentMember_245A79290B5311427D165830A733A574_terseLabel_en-US" xlink:label="lab_us-gaap_USTreasuryAndGovernmentMember_245A79290B5311427D165830A733A574" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> U.S. Treasury and agency securities </link:label>

<link:label id="lab_us-gaap_USTreasuryAndGovernmentMember_245A79290B5311427D165830A733A574_label_en-US" xlink:label="lab_us-gaap_USTreasuryAndGovernmentMember_245A79290B5311427D165830A733A574" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> US Treasury and Government [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="loc_us-gaap_USTreasuryAndGovernmentMember_245A79290B5311427D165830A733A574" xlink:type="locator"/>

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<link:label id="lab_us-gaap_CorporateDebtSecuritiesMember_F9E4768A7B49939384DF5830A733AA0B_terseLabel_en-US" xlink:label="lab_us-gaap_CorporateDebtSecuritiesMember_F9E4768A7B49939384DF5830A733AA0B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Corporate debt securities </link:label>

<link:label id="lab_us-gaap_CorporateDebtSecuritiesMember_F9E4768A7B49939384DF5830A733AA0B_label_en-US" xlink:label="lab_us-gaap_CorporateDebtSecuritiesMember_F9E4768A7B49939384DF5830A733AA0B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Corporate Debt Securities [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="loc_us-gaap_CorporateDebtSecuritiesMember_F9E4768A7B49939384DF5830A733AA0B" xlink:type="locator"/>

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<link:label id="lab_us-gaap_EquitySecuritiesMember_F38B466AA5F71DD3338A5830A7338709_verboseLabel_en-US" xlink:label="lab_us-gaap_EquitySecuritiesMember_F38B466AA5F71DD3338A5830A7338709" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Equity securities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquitySecuritiesMember" xlink:label="loc_us-gaap_EquitySecuritiesMember_F38B466AA5F71DD3338A5830A7338709" xlink:type="locator"/>

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<link:label id="lab_us-gaap_SovereignDebtMember_B7E9C3C8D9D615110F9558560254EF7F_terseLabel_en-US" xlink:label="lab_us-gaap_SovereignDebtMember_B7E9C3C8D9D615110F9558560254EF7F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-U.S. sovereign debt </link:label>

<link:label id="lab_us-gaap_SovereignDebtMember_B7E9C3C8D9D615110F9558560254EF7F_label_en-US" xlink:label="lab_us-gaap_SovereignDebtMember_B7E9C3C8D9D615110F9558560254EF7F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Sovereign Debt [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SovereignDebtMember" xlink:label="loc_us-gaap_SovereignDebtMember_B7E9C3C8D9D615110F9558560254EF7F" xlink:type="locator"/>

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<link:label id="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_D6366A8C9AE62E27B0DC5830A733BB5A_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_D6366A8C9AE62E27B0DC5830A733BB5A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities or Other Assets Sold under Agreements to Repurchase, Maturity Periods [Axis] </link:label>

<link:label id="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_D6366A8C9AE62E27B0DC5830A733BB5A_label_en-US" xlink:label="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_D6366A8C9AE62E27B0DC5830A733BB5A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Repurchase Agreements and Similar Transactions, Maturity Periods [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis" xlink:label="loc_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_D6366A8C9AE62E27B0DC5830A733BB5A" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_D6366A8C9AE62E27B0DC5830A733BB5A" xlink:to="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_D6366A8C9AE62E27B0DC5830A733BB5A" xlink:type="arc"/>

<link:label id="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_852BF50EAD4D4A23FFBF5830A7336478_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_852BF50EAD4D4A23FFBF5830A7336478" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets Sold under Agreements to Repurchase, Maturity Period [Domain] </link:label>

<link:label id="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_852BF50EAD4D4A23FFBF5830A7336478_label_en-US" xlink:label="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_852BF50EAD4D4A23FFBF5830A7336478" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Repurchase Agreements and Similar Transactions, Maturity Periods [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain" xlink:label="loc_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_852BF50EAD4D4A23FFBF5830A7336478" xlink:type="locator"/>

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<link:label id="lab_us-gaap_MaturityOnDemandMember_1EBCD5F804D58370B9935830A733F33C_terseLabel_en-US" xlink:label="lab_us-gaap_MaturityOnDemandMember_1EBCD5F804D58370B9935830A733F33C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Overnight and Continuous </link:label>

<link:label id="lab_us-gaap_MaturityOnDemandMember_1EBCD5F804D58370B9935830A733F33C_label_en-US" xlink:label="lab_us-gaap_MaturityOnDemandMember_1EBCD5F804D58370B9935830A733F33C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maturity on Demand [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaturityOnDemandMember" xlink:label="loc_us-gaap_MaturityOnDemandMember_1EBCD5F804D58370B9935830A733F33C" xlink:type="locator"/>

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<link:label id="lab_us-gaap_MaturityUpTo30DaysMember_2D3FB67D8994A3DB73FF5830A733E36A_terseLabel_en-US" xlink:label="lab_us-gaap_MaturityUpTo30DaysMember_2D3FB67D8994A3DB73FF5830A733E36A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Up to 30 days </link:label>

<link:label id="lab_us-gaap_MaturityUpTo30DaysMember_2D3FB67D8994A3DB73FF5830A733E36A_label_en-US" xlink:label="lab_us-gaap_MaturityUpTo30DaysMember_2D3FB67D8994A3DB73FF5830A733E36A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maturity Less than 30 Days [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaturityUpTo30DaysMember" xlink:label="loc_us-gaap_MaturityUpTo30DaysMember_2D3FB67D8994A3DB73FF5830A733E36A" xlink:type="locator"/>

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<link:label id="lab_us-gaap_Maturity30To90DaysMember_8025975D10AD04D6C7665830A73846C1_terseLabel_en-US" xlink:label="lab_us-gaap_Maturity30To90DaysMember_8025975D10AD04D6C7665830A73846C1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 30 – 90 days </link:label>

<link:label id="lab_us-gaap_Maturity30To90DaysMember_8025975D10AD04D6C7665830A73846C1_label_en-US" xlink:label="lab_us-gaap_Maturity30To90DaysMember_8025975D10AD04D6C7665830A73846C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maturity 30 to 90 Days [Member] </link:label>

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<link:label id="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseLineItems_120809740FAA87D35CEA5830A7393C35_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseLineItems_120809740FAA87D35CEA5830A7393C35" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets Sold under Agreements to Repurchase [Line Items] </link:label>

<link:label id="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseLineItems_120809740FAA87D35CEA5830A7393C35_label_en-US" xlink:label="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseLineItems_120809740FAA87D35CEA5830A7393C35" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets Sold under Agreements to Repurchase [Line Items] </link:label>

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<link:label id="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseGross_398ED84D6192394011525830A73977B7_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseGross_398ED84D6192394011525830A73977B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Repurchase agreements </link:label>

<link:label id="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseGross_398ED84D6192394011525830A73977B7_label_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseGross_398ED84D6192394011525830A73977B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Sold under Agreements to Repurchase, Gross </link:label>

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<link:label id="lab_us-gaap_SecuritiesLoanedGross_DEB438AC6C780F976A885830A73931A3_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesLoanedGross_DEB438AC6C780F976A885830A73931A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities lending transactions </link:label>

<link:label id="lab_us-gaap_SecuritiesLoanedGross_DEB438AC6C780F976A885830A73931A3_label_en-US" xlink:label="lab_us-gaap_SecuritiesLoanedGross_DEB438AC6C780F976A885830A73931A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Loaned, Gross </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesLoanedGross" xlink:label="loc_us-gaap_SecuritiesLoanedGross_DEB438AC6C780F976A885830A73931A3" xlink:type="locator"/>

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<link:label id="lab_stt_SecuritiesSoldandSecuritiesLoanedUnderAgreementstoRepurchaseGross_EF8DEDF79708C08425E65830A7390D03_totalLabel_en-US" xlink:label="lab_stt_SecuritiesSoldandSecuritiesLoanedUnderAgreementstoRepurchaseGross_EF8DEDF79708C08425E65830A7390D03" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Gross amount of recognized liabilities for repurchase agreements and securities lending </link:label>

<link:label id="lab_stt_SecuritiesSoldandSecuritiesLoanedUnderAgreementstoRepurchaseGross_EF8DEDF79708C08425E65830A7390D03_label_en-US" xlink:label="lab_stt_SecuritiesSoldandSecuritiesLoanedUnderAgreementstoRepurchaseGross_EF8DEDF79708C08425E65830A7390D03" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Sold and Securities Loaned Under Agreements to Repurchase, Gross </link:label>

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<link:loc xlink:href="stt-20170630.xsd#stt_SecuritiesSoldandSecuritiesLoanedUnderAgreementstoRepurchaseGross" xlink:label="loc_stt_SecuritiesSoldandSecuritiesLoanedUnderAgreementstoRepurchaseGross_EF8DEDF79708C08425E65830A7390D03" xlink:type="locator"/>

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<link:label id="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_6B3D05AAEEE549FD7368454B9F551C92_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_6B3D05AAEEE549FD7368454B9F551C92" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> New Accounting Pronouncements or Change in Accounting Principle [Table] </link:label>

<link:label id="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_6B3D05AAEEE549FD7368454B9F551C92_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_6B3D05AAEEE549FD7368454B9F551C92" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> New Accounting Pronouncements or Change in Accounting Principle [Table] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable" xlink:label="loc_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_6B3D05AAEEE549FD7368454B9F551C92" xlink:type="locator"/>

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<link:label id="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_9322AFA334AFDFABAF1D454B9F55B8AD_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_9322AFA334AFDFABAF1D454B9F55B8AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Adjustments for New Accounting Pronouncements [Axis] </link:label>

<link:label id="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_9322AFA334AFDFABAF1D454B9F55B8AD_label_en-US" xlink:label="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_9322AFA334AFDFABAF1D454B9F55B8AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjustments for New Accounting Pronouncements [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsForNewAccountingPronouncementsAxis" xlink:label="loc_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_9322AFA334AFDFABAF1D454B9F55B8AD" xlink:type="locator"/>

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<link:label id="lab_us-gaap_TypeOfAdoptionMember_2D0D6EBA14FA3EEFBDAD454B9F5581C5_terseLabel_en-US" xlink:label="lab_us-gaap_TypeOfAdoptionMember_2D0D6EBA14FA3EEFBDAD454B9F5581C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Type of Adoption [Domain] </link:label>

<link:label id="lab_us-gaap_TypeOfAdoptionMember_2D0D6EBA14FA3EEFBDAD454B9F5581C5_label_en-US" xlink:label="lab_us-gaap_TypeOfAdoptionMember_2D0D6EBA14FA3EEFBDAD454B9F5581C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Type of Adoption [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TypeOfAdoptionMember" xlink:label="loc_us-gaap_TypeOfAdoptionMember_2D0D6EBA14FA3EEFBDAD454B9F5581C5" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TypeOfAdoptionMember_2D0D6EBA14FA3EEFBDAD454B9F5581C5" xlink:to="lab_us-gaap_TypeOfAdoptionMember_2D0D6EBA14FA3EEFBDAD454B9F5581C5" xlink:type="arc"/>

<link:label id="lab_stt_AccountingStandardsUpdate201609Member_79D71DC03E3190FEFDB8454B9F55430A_terseLabel_en-US" xlink:label="lab_stt_AccountingStandardsUpdate201609Member_79D71DC03E3190FEFDB8454B9F55430A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accounting Standards Update 2016-09 </link:label>

<link:label id="lab_stt_AccountingStandardsUpdate201609Member_79D71DC03E3190FEFDB8454B9F55430A_label_en-US" xlink:label="lab_stt_AccountingStandardsUpdate201609Member_79D71DC03E3190FEFDB8454B9F55430A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounting Standards Update 2016-09 [Member] </link:label>

<link:label id="lab_stt_AccountingStandardsUpdate201609Member_79D71DC03E3190FEFDB8454B9F55430A_documentation_en-US" xlink:label="lab_stt_AccountingStandardsUpdate201609Member_79D71DC03E3190FEFDB8454B9F55430A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Accounting Standards Update 2016-09 [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_AccountingStandardsUpdate201609Member" xlink:label="loc_stt_AccountingStandardsUpdate201609Member_79D71DC03E3190FEFDB8454B9F55430A" xlink:type="locator"/>

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<link:label id="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_FEBC2722F029D4A38CC2454B9F55B037_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_FEBC2722F029D4A38CC2454B9F55B037" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> New Accounting Pronouncements or Change in Accounting Principle [Line Items] </link:label>

<link:label id="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_FEBC2722F029D4A38CC2454B9F55B037_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_FEBC2722F029D4A38CC2454B9F55B037" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> New Accounting Pronouncements or Change in Accounting Principle [Line Items] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems" xlink:label="loc_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_FEBC2722F029D4A38CC2454B9F55B037" xlink:type="locator"/>

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<link:label id="lab_stt_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitAmount_F4FD9DCECD407B6C2749454B9F55ED57_terseLabel_en-US" xlink:label="lab_stt_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitAmount_F4FD9DCECD407B6C2749454B9F55ED57" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tax benefit </link:label>

<link:label id="lab_stt_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitAmount_F4FD9DCECD407B6C2749454B9F55ED57_label_en-US" xlink:label="lab_stt_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitAmount_F4FD9DCECD407B6C2749454B9F55ED57" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Share-based Compensation, Excess Tax Benefit, Amount </link:label>

<link:label id="lab_stt_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitAmount_F4FD9DCECD407B6C2749454B9F55ED57_documentation_en-US" xlink:label="lab_stt_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitAmount_F4FD9DCECD407B6C2749454B9F55ED57" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Share-based Compensation, Excess Tax Benefit, Amount </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitAmount" xlink:label="loc_stt_EffectiveIncomeTaxRateReconciliationSharebasedCompensationExcessTaxBenefitAmount_F4FD9DCECD407B6C2749454B9F55ED57" xlink:type="locator"/>

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<link:label id="lab_stt_VariableInterestEntityFairValueOfCollateralizedAssets_D2C5CBD78652D7CCBC07454BA1D896CA_terseLabel_en-US" xlink:label="lab_stt_VariableInterestEntityFairValueOfCollateralizedAssets_D2C5CBD78652D7CCBC07454BA1D896CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment securities related to state and political subdivisions </link:label>

<link:label id="lab_stt_VariableInterestEntityFairValueOfCollateralizedAssets_D2C5CBD78652D7CCBC07454BA1D896CA_label_en-US" xlink:label="lab_stt_VariableInterestEntityFairValueOfCollateralizedAssets_D2C5CBD78652D7CCBC07454BA1D896CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity Fair Value Of Collateralized Assets </link:label>

<link:label id="lab_stt_VariableInterestEntityFairValueOfCollateralizedAssets_D2C5CBD78652D7CCBC07454BA1D896CA_documentation_en-US" xlink:label="lab_stt_VariableInterestEntityFairValueOfCollateralizedAssets_D2C5CBD78652D7CCBC07454BA1D896CA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity Fair Value Of Collateralized Assets </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_VariableInterestEntityFairValueOfCollateralizedAssets" xlink:label="loc_stt_VariableInterestEntityFairValueOfCollateralizedAssets_D2C5CBD78652D7CCBC07454BA1D896CA" xlink:type="locator"/>

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<link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_7E859FFF5628354CF466454BA1D86C60_verboseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_7E859FFF5628354CF466454BA1D86C60" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Variable interest entity, other short-term borrowings </link:label>

<link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_7E859FFF5628354CF466454BA1D86C60_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_7E859FFF5628354CF466454BA1D86C60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Consolidated, Carrying Amount, Assets </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_7E859FFF5628354CF466454BA1D86C60" xlink:type="locator"/>

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<link:label id="lab_stt_TotalStandbyBondPurchaseAgreementCommittedToTrusts_D64BDBC7E0A1E5F94FB4454BA1D8E22C_terseLabel_en-US" xlink:label="lab_stt_TotalStandbyBondPurchaseAgreementCommittedToTrusts_D64BDBC7E0A1E5F94FB4454BA1D8E22C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total standby bond-purchase agreement committed to trusts </link:label>

<link:label id="lab_stt_TotalStandbyBondPurchaseAgreementCommittedToTrusts_D64BDBC7E0A1E5F94FB4454BA1D8E22C_label_en-US" xlink:label="lab_stt_TotalStandbyBondPurchaseAgreementCommittedToTrusts_D64BDBC7E0A1E5F94FB4454BA1D8E22C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Standby Bond Purchase Agreement Committed To Trusts </link:label>

<link:label id="lab_stt_TotalStandbyBondPurchaseAgreementCommittedToTrusts_D64BDBC7E0A1E5F94FB4454BA1D8E22C_documentation_en-US" xlink:label="lab_stt_TotalStandbyBondPurchaseAgreementCommittedToTrusts_D64BDBC7E0A1E5F94FB4454BA1D8E22C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Total standby bond purchase agreement committed to trusts. </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_TotalStandbyBondPurchaseAgreementCommittedToTrusts" xlink:label="loc_stt_TotalStandbyBondPurchaseAgreementCommittedToTrusts_D64BDBC7E0A1E5F94FB4454BA1D8E22C" xlink:type="locator"/>

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<link:label id="lab_stt_TotalLettersOfCreditCommittedToTrusts_24A663E515FC0C59EA08454BA1D82134_terseLabel_en-US" xlink:label="lab_stt_TotalLettersOfCreditCommittedToTrusts_24A663E515FC0C59EA08454BA1D82134" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total letters of credit committed to trusts </link:label>

<link:label id="lab_stt_TotalLettersOfCreditCommittedToTrusts_24A663E515FC0C59EA08454BA1D82134_label_en-US" xlink:label="lab_stt_TotalLettersOfCreditCommittedToTrusts_24A663E515FC0C59EA08454BA1D82134" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Letters Of Credit Committed To Trusts </link:label>

<link:label id="lab_stt_TotalLettersOfCreditCommittedToTrusts_24A663E515FC0C59EA08454BA1D82134_documentation_en-US" xlink:label="lab_stt_TotalLettersOfCreditCommittedToTrusts_24A663E515FC0C59EA08454BA1D82134" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Separate legal agreements that establish commitments to provide letters of credit to partnership trusts. </link:label>

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<link:label id="lab_stt_Standbypurchaseagreementsandlettersofcreditcommitmentsutilized_BE2AB530210648FEBAF2454BA1D89762_terseLabel_en-US" xlink:label="lab_stt_Standbypurchaseagreementsandlettersofcreditcommitmentsutilized_BE2AB530210648FEBAF2454BA1D89762" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Standby purchase agreements and letters of credit commitments utilized </link:label>

<link:label id="lab_stt_Standbypurchaseagreementsandlettersofcreditcommitmentsutilized_BE2AB530210648FEBAF2454BA1D89762_label_en-US" xlink:label="lab_stt_Standbypurchaseagreementsandlettersofcreditcommitmentsutilized_BE2AB530210648FEBAF2454BA1D89762" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Standby purchase agreements and letters of credit commitments utilized </link:label>

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<link:label id="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_4F01E4925D02BBC3DB6A454BA1D822BC_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_4F01E4925D02BBC3DB6A454BA1D822BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Variable Interest Entities [Table] </link:label>

<link:label id="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_4F01E4925D02BBC3DB6A454BA1D822BC_label_en-US" xlink:label="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_4F01E4925D02BBC3DB6A454BA1D822BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Variable Interest Entities [Table] </link:label>

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<link:label id="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_C07F8E5E74748ED89E6E454BA1D8ADD3_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_C07F8E5E74748ED89E6E454BA1D8ADD3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Variable Interest Entities [Axis] </link:label>

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<link:label id="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_A66E71469C800A3A9A09454BA1D8F227_terseLabel_en-US" xlink:label="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_A66E71469C800A3A9A09454BA1D8F227" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Classification [Domain] </link:label>

<link:label id="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_A66E71469C800A3A9A09454BA1D8F227_label_en-US" xlink:label="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_A66E71469C800A3A9A09454BA1D8F227" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Classification [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="loc_us-gaap_ClassificationOfVariableInterestEntityDomain_A66E71469C800A3A9A09454BA1D8F227" xlink:type="locator"/>

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<link:label id="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3E01ED598B4543BD2859454BA1D854A7_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3E01ED598B4543BD2859454BA1D854A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> VIE - primary beneficiary </link:label>

<link:label id="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3E01ED598B4543BD2859454BA1D854A7_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3E01ED598B4543BD2859454BA1D854A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Primary Beneficiary [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="loc_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3E01ED598B4543BD2859454BA1D854A7" xlink:type="locator"/>

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<link:label id="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_8AD5F0FC7C47F9FAA571454BA1D824EA_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_8AD5F0FC7C47F9FAA571454BA1D824EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> VIE - not primary beneficiary </link:label>

<link:label id="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_8AD5F0FC7C47F9FAA571454BA1D824EA_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_8AD5F0FC7C47F9FAA571454BA1D824EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Not Primary Beneficiary [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember" xlink:label="loc_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_8AD5F0FC7C47F9FAA571454BA1D824EA" xlink:type="locator"/>

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<link:label id="lab_us-gaap_VariableInterestEntityLineItems_8896363441D9DE8E7121454BA1D8C9C6_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityLineItems_8896363441D9DE8E7121454BA1D8C9C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity [Line Items] </link:label>

<link:label id="lab_us-gaap_VariableInterestEntityLineItems_8896363441D9DE8E7121454BA1D8C9C6_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityLineItems_8896363441D9DE8E7121454BA1D8C9C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity [Line Items] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="loc_us-gaap_VariableInterestEntityLineItems_8896363441D9DE8E7121454BA1D8C9C6" xlink:type="locator"/>

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<link:label id="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_9983F834E9E00090C6DE454BA1D8DC28_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_9983F834E9E00090C6DE454BA1D8DC28" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets </link:label>

<link:label id="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_9983F834E9E00090C6DE454BA1D8DC28_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_9983F834E9E00090C6DE454BA1D8DC28" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets </link:label>

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<link:label id="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountLiabilities_76C10A18EEE737C3C60C454BA1D8C6A8_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountLiabilities_76C10A18EEE737C3C60C454BA1D8C6A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liabilities </link:label>

<link:label id="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountLiabilities_76C10A18EEE737C3C60C454BA1D8C6A8_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountLiabilities_76C10A18EEE737C3C60C454BA1D8C6A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Nonconsolidated, Carrying Amount, Liabilities </link:label>

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<link:label id="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_281FB97270C3B4F8B2E7454BA1D8F175_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_281FB97270C3B4F8B2E7454BA1D8F175" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Potential maximum loss exposure of unconsolidated funds </link:label>

<link:label id="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_281FB97270C3B4F8B2E7454BA1D8F175_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_281FB97270C3B4F8B2E7454BA1D8F175" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount" xlink:label="loc_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_281FB97270C3B4F8B2E7454BA1D8F175" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_2C99582BB3EA1D4D0724454B9F44D055_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_2C99582BB3EA1D4D0724454B9F44D055" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Segment Reporting Information, by Segment [Table] </link:label>

<link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_2C99582BB3EA1D4D0724454B9F44D055_label_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_2C99582BB3EA1D4D0724454B9F44D055" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Segment Reporting Information, by Segment [Table] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_2C99582BB3EA1D4D0724454B9F44D055" xlink:type="locator"/>

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<link:label id="lab_us-gaap_StatementGeographicalAxis_25B239D4C889FB52F00B454B9F44041C_terseLabel_en-US" xlink:label="lab_us-gaap_StatementGeographicalAxis_25B239D4C889FB52F00B454B9F44041C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Geographical [Axis] </link:label>

<link:label id="lab_us-gaap_StatementGeographicalAxis_25B239D4C889FB52F00B454B9F44041C_label_en-US" xlink:label="lab_us-gaap_StatementGeographicalAxis_25B239D4C889FB52F00B454B9F44041C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Geographical [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="loc_us-gaap_StatementGeographicalAxis_25B239D4C889FB52F00B454B9F44041C" xlink:type="locator"/>

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<link:label id="lab_us-gaap_SegmentGeographicalDomain_EC5E432D2541D96B0B30454B9F44F0EB_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentGeographicalDomain_EC5E432D2541D96B0B30454B9F44F0EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Geographical [Domain] </link:label>

<link:label id="lab_us-gaap_SegmentGeographicalDomain_EC5E432D2541D96B0B30454B9F44F0EB_label_en-US" xlink:label="lab_us-gaap_SegmentGeographicalDomain_EC5E432D2541D96B0B30454B9F44F0EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Geographical [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="loc_us-gaap_SegmentGeographicalDomain_EC5E432D2541D96B0B30454B9F44F0EB" xlink:type="locator"/>

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<link:label id="lab_us-gaap_NonUsMember_087727AFB54B8850A0E5454B9F448162_terseLabel_en-US" xlink:label="lab_us-gaap_NonUsMember_087727AFB54B8850A0E5454B9F448162" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-U.S. </link:label>

<link:label id="lab_us-gaap_NonUsMember_087727AFB54B8850A0E5454B9F448162_label_en-US" xlink:label="lab_us-gaap_NonUsMember_087727AFB54B8850A0E5454B9F448162" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non-US [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NonUsMember" xlink:label="loc_us-gaap_NonUsMember_087727AFB54B8850A0E5454B9F448162" xlink:type="locator"/>

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<link:label id="lab_us-gaap_SegmentReportingInformationLineItems_87B9CE6578187C711FEB454B9F44F2C2_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingInformationLineItems_87B9CE6578187C711FEB454B9F44F2C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Segment Reporting Information [Line Items] </link:label>

<link:label id="lab_us-gaap_SegmentReportingInformationLineItems_87B9CE6578187C711FEB454B9F44F2C2_label_en-US" xlink:label="lab_us-gaap_SegmentReportingInformationLineItems_87B9CE6578187C711FEB454B9F44F2C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segment Reporting Information [Line Items] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="loc_us-gaap_SegmentReportingInformationLineItems_87B9CE6578187C711FEB454B9F44F2C2" xlink:type="locator"/>

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<link:label id="lab_us-gaap_Assets_B174BE169534E7DDE736454B9F44D4E0_terseLabel_en-US" xlink:label="lab_us-gaap_Assets_B174BE169534E7DDE736454B9F44D4E0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_B174BE169534E7DDE736454B9F44D4E0" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ScheduleOfInterestRateDerivativesTableTextBlock_790D0BD11F974EC101C4454BA022C5C3_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfInterestRateDerivativesTableTextBlock_790D0BD11F974EC101C4454BA022C5C3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Interest Rate Derivatives </link:label>

<link:label id="lab_us-gaap_ScheduleOfInterestRateDerivativesTableTextBlock_790D0BD11F974EC101C4454BA022C5C3_label_en-US" xlink:label="lab_us-gaap_ScheduleOfInterestRateDerivativesTableTextBlock_790D0BD11F974EC101C4454BA022C5C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Interest Rate Derivatives [Table Text Block] </link:label>

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<link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_91F091FED90069988A71454BA0221033_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_91F091FED90069988A71454BA0221033" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Outstanding Hedges: (Notional Amount) </link:label>

<link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_91F091FED90069988A71454BA0221033_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_91F091FED90069988A71454BA0221033" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Derivative Instruments [Table Text Block] </link:label>

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<link:label id="lab_stt_ScheduleOfInterestRateSwapsDesignatedAsFairValueAndCashFlowHedgesNotionalAmountTableTextBlock_63627E7BB8F6705767C0454BA02293C6_terseLabel_en-US" xlink:label="lab_stt_ScheduleOfInterestRateSwapsDesignatedAsFairValueAndCashFlowHedgesNotionalAmountTableTextBlock_63627E7BB8F6705767C0454BA02293C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Notional Amount of Interest Rate Swap Agreements Designated as Fair Value and Cash Flow Hedges </link:label>

<link:label id="lab_stt_ScheduleOfInterestRateSwapsDesignatedAsFairValueAndCashFlowHedgesNotionalAmountTableTextBlock_63627E7BB8F6705767C0454BA02293C6_label_en-US" xlink:label="lab_stt_ScheduleOfInterestRateSwapsDesignatedAsFairValueAndCashFlowHedgesNotionalAmountTableTextBlock_63627E7BB8F6705767C0454BA02293C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule Of Interest Rate Swaps Designated As Fair Value And Cash Flow Hedges Notional Amount [Table Text Block] </link:label>

<link:label id="lab_stt_ScheduleOfInterestRateSwapsDesignatedAsFairValueAndCashFlowHedgesNotionalAmountTableTextBlock_63627E7BB8F6705767C0454BA02293C6_documentation_en-US" xlink:label="lab_stt_ScheduleOfInterestRateSwapsDesignatedAsFairValueAndCashFlowHedgesNotionalAmountTableTextBlock_63627E7BB8F6705767C0454BA02293C6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Schedule Of Interest Rate Swaps Designated As Fair Value And Cash Flow Hedges Notional Amount </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_ScheduleOfInterestRateSwapsDesignatedAsFairValueAndCashFlowHedgesNotionalAmountTableTextBlock" xlink:label="loc_stt_ScheduleOfInterestRateSwapsDesignatedAsFairValueAndCashFlowHedgesNotionalAmountTableTextBlock_63627E7BB8F6705767C0454BA02293C6" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_ScheduleOfInterestRateSwapsDesignatedAsFairValueAndCashFlowHedgesNotionalAmountTableTextBlock_63627E7BB8F6705767C0454BA02293C6" xlink:to="lab_stt_ScheduleOfInterestRateSwapsDesignatedAsFairValueAndCashFlowHedgesNotionalAmountTableTextBlock_63627E7BB8F6705767C0454BA02293C6" xlink:type="arc"/>

<link:label id="lab_stt_ContractualAndWeightedAverageInterestRatesWhichIncludeEffectsOfHedgesRelatedToFinancialInstrumentsTableTextBlock_BAE96361F7DAEBCB7053454BA0228C59_terseLabel_en-US" xlink:label="lab_stt_ContractualAndWeightedAverageInterestRatesWhichIncludeEffectsOfHedgesRelatedToFinancialInstrumentsTableTextBlock_BAE96361F7DAEBCB7053454BA0228C59" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Contractual and Weighted-Average Interest Rates, Which Include the Effects of Hedges Related to Financial Instruments </link:label>

<link:label id="lab_stt_ContractualAndWeightedAverageInterestRatesWhichIncludeEffectsOfHedgesRelatedToFinancialInstrumentsTableTextBlock_BAE96361F7DAEBCB7053454BA0228C59_label_en-US" xlink:label="lab_stt_ContractualAndWeightedAverageInterestRatesWhichIncludeEffectsOfHedgesRelatedToFinancialInstrumentsTableTextBlock_BAE96361F7DAEBCB7053454BA0228C59" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Contractual and weighted-average interest rates, which include the effects of hedges related to financial instruments [Table Text Block] </link:label>

<link:label id="lab_stt_ContractualAndWeightedAverageInterestRatesWhichIncludeEffectsOfHedgesRelatedToFinancialInstrumentsTableTextBlock_BAE96361F7DAEBCB7053454BA0228C59_documentation_en-US" xlink:label="lab_stt_ContractualAndWeightedAverageInterestRatesWhichIncludeEffectsOfHedgesRelatedToFinancialInstrumentsTableTextBlock_BAE96361F7DAEBCB7053454BA0228C59" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Contractual and weighted-average interest rates, which include the effects of hedges related to financial instruments </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_ContractualAndWeightedAverageInterestRatesWhichIncludeEffectsOfHedgesRelatedToFinancialInstrumentsTableTextBlock" xlink:label="loc_stt_ContractualAndWeightedAverageInterestRatesWhichIncludeEffectsOfHedgesRelatedToFinancialInstrumentsTableTextBlock_BAE96361F7DAEBCB7053454BA0228C59" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_ContractualAndWeightedAverageInterestRatesWhichIncludeEffectsOfHedgesRelatedToFinancialInstrumentsTableTextBlock_BAE96361F7DAEBCB7053454BA0228C59" xlink:to="lab_stt_ContractualAndWeightedAverageInterestRatesWhichIncludeEffectsOfHedgesRelatedToFinancialInstrumentsTableTextBlock_BAE96361F7DAEBCB7053454BA0228C59" xlink:type="arc"/>

<link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_C288F2BFD09AFAC7C2EF454BA022EF0D_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_C288F2BFD09AFAC7C2EF454BA022EF0D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of the Fair Values of Derivative Financial Instruments </link:label>

<link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_C288F2BFD09AFAC7C2EF454BA022EF0D_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_C288F2BFD09AFAC7C2EF454BA022EF0D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock" xlink:label="loc_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_C288F2BFD09AFAC7C2EF454BA022EF0D" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_C288F2BFD09AFAC7C2EF454BA022EF0D" xlink:to="lab_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_C288F2BFD09AFAC7C2EF454BA022EF0D" xlink:type="arc"/>

<link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock_0F6E36C6A68F7B58103A454BA0223383_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock_0F6E36C6A68F7B58103A454BA0223383" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Impact of Derivatives on Consolidated Statement of Income </link:label>

<link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock_0F6E36C6A68F7B58103A454BA0223383_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock_0F6E36C6A68F7B58103A454BA0223383" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Derivative Instruments Included in Trading Activities [Table Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock" xlink:label="loc_us-gaap_ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock_0F6E36C6A68F7B58103A454BA0223383" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock_0F6E36C6A68F7B58103A454BA0223383" xlink:to="lab_us-gaap_ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock_0F6E36C6A68F7B58103A454BA0223383" xlink:type="arc"/>

<link:label id="lab_stt_ScheduleOfDifferencesBetweenGainsLossesOnDerivativeAndGainsLossesOnHedgedItemRepresentHedgeIneffectivenessTableTextBlock_A3163A912BF4F284E5A6454BA02203D6_terseLabel_en-US" xlink:label="lab_stt_ScheduleOfDifferencesBetweenGainsLossesOnDerivativeAndGainsLossesOnHedgedItemRepresentHedgeIneffectivenessTableTextBlock_A3163A912BF4F284E5A6454BA02203D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Differences Between the Gains (Losses) on the Derivative and the Gains (Losses) on the Hedged Item </link:label>

<link:label id="lab_stt_ScheduleOfDifferencesBetweenGainsLossesOnDerivativeAndGainsLossesOnHedgedItemRepresentHedgeIneffectivenessTableTextBlock_A3163A912BF4F284E5A6454BA02203D6_label_en-US" xlink:label="lab_stt_ScheduleOfDifferencesBetweenGainsLossesOnDerivativeAndGainsLossesOnHedgedItemRepresentHedgeIneffectivenessTableTextBlock_A3163A912BF4F284E5A6454BA02203D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of differences between the gains (losses) on the derivative and the gains (losses) on the hedged item represent hedge ineffectiveness [Table Text Block] </link:label>

<link:label id="lab_stt_ScheduleOfDifferencesBetweenGainsLossesOnDerivativeAndGainsLossesOnHedgedItemRepresentHedgeIneffectivenessTableTextBlock_A3163A912BF4F284E5A6454BA02203D6_documentation_en-US" xlink:label="lab_stt_ScheduleOfDifferencesBetweenGainsLossesOnDerivativeAndGainsLossesOnHedgedItemRepresentHedgeIneffectivenessTableTextBlock_A3163A912BF4F284E5A6454BA02203D6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Schedule of differences between the gains (losses) on the derivative and the gains (losses) on the hedged item represent hedge ineffectiveness </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_ScheduleOfDifferencesBetweenGainsLossesOnDerivativeAndGainsLossesOnHedgedItemRepresentHedgeIneffectivenessTableTextBlock" xlink:label="loc_stt_ScheduleOfDifferencesBetweenGainsLossesOnDerivativeAndGainsLossesOnHedgedItemRepresentHedgeIneffectivenessTableTextBlock_A3163A912BF4F284E5A6454BA02203D6" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_ScheduleOfDifferencesBetweenGainsLossesOnDerivativeAndGainsLossesOnHedgedItemRepresentHedgeIneffectivenessTableTextBlock_A3163A912BF4F284E5A6454BA02203D6" xlink:to="lab_stt_ScheduleOfDifferencesBetweenGainsLossesOnDerivativeAndGainsLossesOnHedgedItemRepresentHedgeIneffectivenessTableTextBlock_A3163A912BF4F284E5A6454BA02203D6" xlink:type="arc"/>

<link:label id="lab_us-gaap_StatementOfCashFlowsAbstract_7CAFBB06D3CC8C37AA1CA8DB7E84F827_label_en-US" xlink:label="lab_us-gaap_StatementOfCashFlowsAbstract_7CAFBB06D3CC8C37AA1CA8DB7E84F827" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statement of Cash Flows [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="loc_us-gaap_StatementOfCashFlowsAbstract_7CAFBB06D3CC8C37AA1CA8DB7E84F827" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfCashFlowsAbstract_7CAFBB06D3CC8C37AA1CA8DB7E84F827" xlink:to="lab_us-gaap_StatementOfCashFlowsAbstract_7CAFBB06D3CC8C37AA1CA8DB7E84F827" xlink:type="arc"/>

<link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_051D8E18674815E29307A8DB7E847A17_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_051D8E18674815E29307A8DB7E847A17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating Activities: </link:label>

<link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_051D8E18674815E29307A8DB7E847A17_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_051D8E18674815E29307A8DB7E847A17" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Operating Activities [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_051D8E18674815E29307A8DB7E847A17" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_051D8E18674815E29307A8DB7E847A17" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_051D8E18674815E29307A8DB7E847A17" xlink:type="arc"/>

<link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_EE7C5CBE02C62366C937A8DB7E84DA3C_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_EE7C5CBE02C62366C937A8DB7E84DA3C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Adjustments to reconcile net income to net cash provided by (used in) operating activities: </link:label>

<link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_EE7C5CBE02C62366C937A8DB7E84DA3C_label_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_EE7C5CBE02C62366C937A8DB7E84DA3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_EE7C5CBE02C62366C937A8DB7E84DA3C" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_EE7C5CBE02C62366C937A8DB7E84DA3C" xlink:to="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_EE7C5CBE02C62366C937A8DB7E84DA3C" xlink:type="arc"/>

<link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_B67FFF3CE8A4D587B510A8DB7E84E19C_verboseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_B67FFF3CE8A4D587B510A8DB7E84E19C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Deferred income tax (benefit) </link:label>

<link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_B67FFF3CE8A4D587B510A8DB7E84E19C_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_B67FFF3CE8A4D587B510A8DB7E84E19C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Income Tax Expense (Benefit) </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_B67FFF3CE8A4D587B510A8DB7E84E19C" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_B67FFF3CE8A4D587B510A8DB7E84E19C" xlink:to="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_B67FFF3CE8A4D587B510A8DB7E84E19C" xlink:type="arc"/>

<link:label id="lab_stt_NoncashAdjustmentsForDepreciationAmortizationAccretion_3CBFF0FECC887BF7F852A8DB7E853370_terseLabel_en-US" xlink:label="lab_stt_NoncashAdjustmentsForDepreciationAmortizationAccretion_3CBFF0FECC887BF7F852A8DB7E853370" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other non-cash adjustments for depreciation, amortization and accretion, net </link:label>

<link:label id="lab_stt_NoncashAdjustmentsForDepreciationAmortizationAccretion_3CBFF0FECC887BF7F852A8DB7E853370_label_en-US" xlink:label="lab_stt_NoncashAdjustmentsForDepreciationAmortizationAccretion_3CBFF0FECC887BF7F852A8DB7E853370" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noncash Adjustments For Depreciation Amortization Accretion </link:label>

<link:label id="lab_stt_NoncashAdjustmentsForDepreciationAmortizationAccretion_3CBFF0FECC887BF7F852A8DB7E853370_documentation_en-US" xlink:label="lab_stt_NoncashAdjustmentsForDepreciationAmortizationAccretion_3CBFF0FECC887BF7F852A8DB7E853370" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The aggregate net amount of depreciation, amortization, and accretion, excluding amortization of intangibles, recognized during the period. </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_NoncashAdjustmentsForDepreciationAmortizationAccretion" xlink:label="loc_stt_NoncashAdjustmentsForDepreciationAmortizationAccretion_3CBFF0FECC887BF7F852A8DB7E853370" xlink:type="locator"/>

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<link:label id="lab_us-gaap_MarketableSecuritiesGainLoss_1D73B68426261AB15B4FA8DB7E85C3C5_negatedLabel_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesGainLoss_1D73B68426261AB15B4FA8DB7E85C3C5" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Losses (gains) related to investment securities, net </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MarketableSecuritiesGainLoss" xlink:label="loc_us-gaap_MarketableSecuritiesGainLoss_1D73B68426261AB15B4FA8DB7E85C3C5" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MarketableSecuritiesGainLoss_1D73B68426261AB15B4FA8DB7E85C3C5" xlink:to="lab_us-gaap_MarketableSecuritiesGainLoss_1D73B68426261AB15B4FA8DB7E85C3C5" xlink:type="arc"/>

<link:label id="lab_us-gaap_IncreaseDecreaseInTradingSecurities_F557C999DF4AB5BD5850A8DB7E85C66E_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInTradingSecurities_F557C999DF4AB5BD5850A8DB7E85C66E" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Change in trading account assets, net </link:label>

<link:label id="lab_us-gaap_IncreaseDecreaseInTradingSecurities_F557C999DF4AB5BD5850A8DB7E85C66E_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInTradingSecurities_F557C999DF4AB5BD5850A8DB7E85C66E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Trading Securities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInTradingSecurities" xlink:label="loc_us-gaap_IncreaseDecreaseInTradingSecurities_F557C999DF4AB5BD5850A8DB7E85C66E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInTradingSecurities_F557C999DF4AB5BD5850A8DB7E85C66E" xlink:to="lab_us-gaap_IncreaseDecreaseInTradingSecurities_F557C999DF4AB5BD5850A8DB7E85C66E" xlink:type="arc"/>

<link:label id="lab_us-gaap_IncreaseDecreaseInOtherReceivables_C443563F18D3B9345C8DA8DB7E85B457_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherReceivables_C443563F18D3B9345C8DA8DB7E85B457" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Change in accrued interest and fees receivable, net </link:label>

<link:label id="lab_us-gaap_IncreaseDecreaseInOtherReceivables_C443563F18D3B9345C8DA8DB7E85B457_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherReceivables_C443563F18D3B9345C8DA8DB7E85B457" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Other Receivables </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInOtherReceivables" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherReceivables_C443563F18D3B9345C8DA8DB7E85B457" xlink:type="locator"/>

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<link:label id="lab_us-gaap_IncreaseDecreaseInCashCollateralForLoanedSecurities_12449F0C785B1B09883CA8DB7E85EC1D_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInCashCollateralForLoanedSecurities_12449F0C785B1B09883CA8DB7E85EC1D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in collateral deposits, net </link:label>

<link:label id="lab_us-gaap_IncreaseDecreaseInCashCollateralForLoanedSecurities_12449F0C785B1B09883CA8DB7E85EC1D_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInCashCollateralForLoanedSecurities_12449F0C785B1B09883CA8DB7E85EC1D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Cash Collateral for Loaned Securities </link:label>

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<link:label id="lab_stt_ChangeInUnrealizedGainsLossesRelatedToFinancialInstruments_72595F7D497D5C130C7DA8DB7E85FB3A_negatedTerseLabel_en-US" xlink:label="lab_stt_ChangeInUnrealizedGainsLossesRelatedToFinancialInstruments_72595F7D497D5C130C7DA8DB7E85FB3A" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Change in unrealized losses on foreign exchange derivatives, net </link:label>

<link:label id="lab_stt_ChangeInUnrealizedGainsLossesRelatedToFinancialInstruments_72595F7D497D5C130C7DA8DB7E85FB3A_label_en-US" xlink:label="lab_stt_ChangeInUnrealizedGainsLossesRelatedToFinancialInstruments_72595F7D497D5C130C7DA8DB7E85FB3A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Change in Unrealized Gains (Losses) Related to Financial Instruments </link:label>

<link:label id="lab_stt_ChangeInUnrealizedGainsLossesRelatedToFinancialInstruments_72595F7D497D5C130C7DA8DB7E85FB3A_documentation_en-US" xlink:label="lab_stt_ChangeInUnrealizedGainsLossesRelatedToFinancialInstruments_72595F7D497D5C130C7DA8DB7E85FB3A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Change In Unrealized Gains Losses Related To Financial Instruments </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_ChangeInUnrealizedGainsLossesRelatedToFinancialInstruments" xlink:label="loc_stt_ChangeInUnrealizedGainsLossesRelatedToFinancialInstruments_72595F7D497D5C130C7DA8DB7E85FB3A" xlink:type="locator"/>

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<link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_1BAE971F2986B18B393BA8DB7E85CBCA_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_1BAE971F2986B18B393BA8DB7E85CBCA" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Change in other assets, net </link:label>

<link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_1BAE971F2986B18B393BA8DB7E85CBCA_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_1BAE971F2986B18B393BA8DB7E85CBCA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Other Operating Assets </link:label>

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<link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_AD7706B08BF204ECD72BA8DB7E85311B_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_AD7706B08BF204ECD72BA8DB7E85311B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in accrued expenses and other liabilities, net </link:label>

<link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_AD7706B08BF204ECD72BA8DB7E85311B_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_AD7706B08BF204ECD72BA8DB7E85311B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Other Operating Liabilities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_AD7706B08BF204ECD72BA8DB7E85311B" xlink:type="locator"/>

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<link:label id="lab_us-gaap_OtherNoncashIncomeExpense_6A1086538FE5D0B7B769A8DB7E858126_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_6A1086538FE5D0B7B769A8DB7E858126" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Other, net </link:label>

<link:label id="lab_us-gaap_OtherNoncashIncomeExpense_6A1086538FE5D0B7B769A8DB7E858126_label_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_6A1086538FE5D0B7B769A8DB7E858126" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Noncash Income (Expense) </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="loc_us-gaap_OtherNoncashIncomeExpense_6A1086538FE5D0B7B769A8DB7E858126" xlink:type="locator"/>

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<link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_0D98D043E659821782F1A8DB7E85E0AA_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_0D98D043E659821782F1A8DB7E85E0AA" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net cash provided by operating activities </link:label>

<link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_0D98D043E659821782F1A8DB7E85E0AA_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_0D98D043E659821782F1A8DB7E85E0AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Operating Activities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_0D98D043E659821782F1A8DB7E85E0AA" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_0D98D043E659821782F1A8DB7E85E0AA" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_0D98D043E659821782F1A8DB7E85E0AA" xlink:type="arc"/>

<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_7B8CFABCA9886C10CB4EA8DB7E858C43_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_7B8CFABCA9886C10CB4EA8DB7E858C43" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investing Activities: </link:label>

<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_7B8CFABCA9886C10CB4EA8DB7E858C43_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_7B8CFABCA9886C10CB4EA8DB7E858C43" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Investing Activities [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_7B8CFABCA9886C10CB4EA8DB7E858C43" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_7B8CFABCA9886C10CB4EA8DB7E858C43" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_7B8CFABCA9886C10CB4EA8DB7E858C43" xlink:type="arc"/>

<link:label id="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_B937276A07A3EA3EFCB0A8DB7E85A725_verboseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_B937276A07A3EA3EFCB0A8DB7E85A725" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Net decrease in interest-bearing deposits with banks </link:label>

<link:label id="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_B937276A07A3EA3EFCB0A8DB7E85A725_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_B937276A07A3EA3EFCB0A8DB7E85A725" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from (Payments for) in Interest-bearing Deposits in Banks </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks" xlink:label="loc_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_B937276A07A3EA3EFCB0A8DB7E85A725" xlink:type="locator"/>

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<link:label id="lab_stt_NetIncreaseDecreaseInFederalFundsSoldAndSecuritiesPurchasedUnderResaleAgreements_EA8420841BC119F4972FA8DB7E8556F1_terseLabel_en-US" xlink:label="lab_stt_NetIncreaseDecreaseInFederalFundsSoldAndSecuritiesPurchasedUnderResaleAgreements_EA8420841BC119F4972FA8DB7E8556F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net (increase) decrease in securities purchased under resale agreements </link:label>

<link:label id="lab_stt_NetIncreaseDecreaseInFederalFundsSoldAndSecuritiesPurchasedUnderResaleAgreements_EA8420841BC119F4972FA8DB7E8556F1_label_en-US" xlink:label="lab_stt_NetIncreaseDecreaseInFederalFundsSoldAndSecuritiesPurchasedUnderResaleAgreements_EA8420841BC119F4972FA8DB7E8556F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net (increase) decrease in federal funds sold and securities purchased under resale agreements </link:label>

<link:label id="lab_stt_NetIncreaseDecreaseInFederalFundsSoldAndSecuritiesPurchasedUnderResaleAgreements_EA8420841BC119F4972FA8DB7E8556F1_documentation_en-US" xlink:label="lab_stt_NetIncreaseDecreaseInFederalFundsSoldAndSecuritiesPurchasedUnderResaleAgreements_EA8420841BC119F4972FA8DB7E8556F1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Net (increase) decrease in federal funds sold and securities purchased under resale agreements </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_NetIncreaseDecreaseInFederalFundsSoldAndSecuritiesPurchasedUnderResaleAgreements" xlink:label="loc_stt_NetIncreaseDecreaseInFederalFundsSoldAndSecuritiesPurchasedUnderResaleAgreements_EA8420841BC119F4972FA8DB7E8556F1" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_4D0A6C62A0C00FE8FED4A8DB7E863066_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_4D0A6C62A0C00FE8FED4A8DB7E863066" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from sales of available-for-sale securities </link:label>

<link:label id="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_4D0A6C62A0C00FE8FED4A8DB7E863066_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_4D0A6C62A0C00FE8FED4A8DB7E863066" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Sale of Available-for-sale Securities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" xlink:label="loc_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_4D0A6C62A0C00FE8FED4A8DB7E863066" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_A54FC19A6E26B2E8498AA8DB7E86B539_verboseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_A54FC19A6E26B2E8498AA8DB7E86B539" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from maturities of available-for-sale securities </link:label>

<link:label id="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_A54FC19A6E26B2E8498AA8DB7E86B539_label_en-US" xlink:label="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_A54FC19A6E26B2E8498AA8DB7E86B539" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Maturities, Prepayments and Calls of Available-for-sale Securities </link:label>

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<link:label id="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_C4499A6A36F475A8BBEDA8DB7E865A2D_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_C4499A6A36F475A8BBEDA8DB7E865A2D" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Purchases of available-for-sale securities </link:label>

<link:label id="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_C4499A6A36F475A8BBEDA8DB7E865A2D_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_C4499A6A36F475A8BBEDA8DB7E865A2D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments to Acquire Available-for-sale Securities </link:label>

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<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_C4499A6A36F475A8BBEDA8DB7E865A2D" xlink:to="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_C4499A6A36F475A8BBEDA8DB7E865A2D" xlink:type="arc"/>

<link:label id="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_4EB3BA8AD0F7AAC50D42A8DB7E86EFF8_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_4EB3BA8AD0F7AAC50D42A8DB7E86EFF8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from maturities of held-to-maturity securities </link:label>

<link:label id="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_4EB3BA8AD0F7AAC50D42A8DB7E86EFF8_label_en-US" xlink:label="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_4EB3BA8AD0F7AAC50D42A8DB7E86EFF8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Maturities, Prepayments and Calls of Held-to-maturity Securities </link:label>

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<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_4EB3BA8AD0F7AAC50D42A8DB7E86EFF8" xlink:to="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_4EB3BA8AD0F7AAC50D42A8DB7E86EFF8" xlink:type="arc"/>

<link:label id="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_A8F6DCD4A0277399CCDEA8DB7E8614A5_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_A8F6DCD4A0277399CCDEA8DB7E8614A5" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Purchases of held-to-maturity securities </link:label>

<link:label id="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_A8F6DCD4A0277399CCDEA8DB7E8614A5_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_A8F6DCD4A0277399CCDEA8DB7E8614A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments to Acquire Held-to-maturity Securities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:label="loc_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_A8F6DCD4A0277399CCDEA8DB7E8614A5" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_A8F6DCD4A0277399CCDEA8DB7E8614A5" xlink:to="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_A8F6DCD4A0277399CCDEA8DB7E8614A5" xlink:type="arc"/>

<link:label id="lab_us-gaap_PaymentsForProceedsFromLoansAndLeases_B319E2094272303E697AA8DB7E86B3D6_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromLoansAndLeases_B319E2094272303E697AA8DB7E86B3D6" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Net (increase) in loans and leases </link:label>

<link:label id="lab_us-gaap_PaymentsForProceedsFromLoansAndLeases_B319E2094272303E697AA8DB7E86B3D6_label_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromLoansAndLeases_B319E2094272303E697AA8DB7E86B3D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments for (Proceeds from) Loans and Leases </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromLoansAndLeases" xlink:label="loc_us-gaap_PaymentsForProceedsFromLoansAndLeases_B319E2094272303E697AA8DB7E86B3D6" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForProceedsFromLoansAndLeases_B319E2094272303E697AA8DB7E86B3D6" xlink:to="lab_us-gaap_PaymentsForProceedsFromLoansAndLeases_B319E2094272303E697AA8DB7E86B3D6" xlink:type="arc"/>

<link:label id="lab_us-gaap_PaymentsToAcquireOtherInvestments_059350714D9EBDC143DDA8DB7E866700_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireOtherInvestments_059350714D9EBDC143DDA8DB7E866700" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Purchases of equity investments and other long-term assets </link:label>

<link:label id="lab_us-gaap_PaymentsToAcquireOtherInvestments_059350714D9EBDC143DDA8DB7E866700_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireOtherInvestments_059350714D9EBDC143DDA8DB7E866700" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments to Acquire Other Investments </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireOtherInvestments" xlink:label="loc_us-gaap_PaymentsToAcquireOtherInvestments_059350714D9EBDC143DDA8DB7E866700" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireOtherInvestments_059350714D9EBDC143DDA8DB7E866700" xlink:to="lab_us-gaap_PaymentsToAcquireOtherInvestments_059350714D9EBDC143DDA8DB7E866700" xlink:type="arc"/>

<link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_602C8478D9DC032234E2A8DB7E86AAAC_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_602C8478D9DC032234E2A8DB7E86AAAC" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Purchases of premises and equipment, net </link:label>

<link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_602C8478D9DC032234E2A8DB7E86AAAC_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_602C8478D9DC032234E2A8DB7E86AAAC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments to Acquire Property, Plant, and Equipment </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_602C8478D9DC032234E2A8DB7E86AAAC" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_602C8478D9DC032234E2A8DB7E86AAAC" xlink:to="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_602C8478D9DC032234E2A8DB7E86AAAC" xlink:type="arc"/>

<link:label id="lab_us-gaap_ProceedsFromDivestitureOfInterestInJointVenture_262269B3F1D7528E606EA8DB7E86B499_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfInterestInJointVenture_262269B3F1D7528E606EA8DB7E86B499" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from sale of joint venture investment </link:label>

<link:label id="lab_us-gaap_ProceedsFromDivestitureOfInterestInJointVenture_262269B3F1D7528E606EA8DB7E86B499_label_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfInterestInJointVenture_262269B3F1D7528E606EA8DB7E86B499" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Divestiture of Interest in Joint Venture </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromDivestitureOfInterestInJointVenture" xlink:label="loc_us-gaap_ProceedsFromDivestitureOfInterestInJointVenture_262269B3F1D7528E606EA8DB7E86B499" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromDivestitureOfInterestInJointVenture_262269B3F1D7528E606EA8DB7E86B499" xlink:to="lab_us-gaap_ProceedsFromDivestitureOfInterestInJointVenture_262269B3F1D7528E606EA8DB7E86B499" xlink:type="arc"/>

<link:label id="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_AE496A29349B94C5F17EA8DB7E86B5D7_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_AE496A29349B94C5F17EA8DB7E86B5D7" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Other, net </link:label>

<link:label id="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_AE496A29349B94C5F17EA8DB7E86B5D7_label_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_AE496A29349B94C5F17EA8DB7E86B5D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments for (Proceeds from) Other Investing Activities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_AE496A29349B94C5F17EA8DB7E86B5D7" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_AE496A29349B94C5F17EA8DB7E86B5D7" xlink:to="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_AE496A29349B94C5F17EA8DB7E86B5D7" xlink:type="arc"/>

<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_ABAE403629F3E5771A54A8DB7E86AAF2_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_ABAE403629F3E5771A54A8DB7E86AAF2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net cash provided by (used in) investing activities </link:label>

<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_ABAE403629F3E5771A54A8DB7E86AAF2_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_ABAE403629F3E5771A54A8DB7E86AAF2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Investing Activities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_ABAE403629F3E5771A54A8DB7E86AAF2" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_ABAE403629F3E5771A54A8DB7E86AAF2" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_ABAE403629F3E5771A54A8DB7E86AAF2" xlink:type="arc"/>

<link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_E930DB5CED6BE8E10BFFA8DB7E86D46B_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_E930DB5CED6BE8E10BFFA8DB7E86D46B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Activities: </link:label>

<link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_E930DB5CED6BE8E10BFFA8DB7E86D46B_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_E930DB5CED6BE8E10BFFA8DB7E86D46B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Financing Activities [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_E930DB5CED6BE8E10BFFA8DB7E86D46B" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_E930DB5CED6BE8E10BFFA8DB7E86D46B" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_E930DB5CED6BE8E10BFFA8DB7E86D46B" xlink:type="arc"/>

<link:label id="lab_us-gaap_IncreaseDecreaseInTimeDeposits_4A665255147F5FFE3DD6A8DB7E86CA03_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInTimeDeposits_4A665255147F5FFE3DD6A8DB7E86CA03" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net (decrease) increase in time deposits </link:label>

<link:label id="lab_us-gaap_IncreaseDecreaseInTimeDeposits_4A665255147F5FFE3DD6A8DB7E86CA03_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInTimeDeposits_4A665255147F5FFE3DD6A8DB7E86CA03" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Time Deposits </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInTimeDeposits" xlink:label="loc_us-gaap_IncreaseDecreaseInTimeDeposits_4A665255147F5FFE3DD6A8DB7E86CA03" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInTimeDeposits_4A665255147F5FFE3DD6A8DB7E86CA03" xlink:to="lab_us-gaap_IncreaseDecreaseInTimeDeposits_4A665255147F5FFE3DD6A8DB7E86CA03" xlink:type="arc"/>

<link:label id="lab_us-gaap_IncreaseDecreaseInOtherDeposits_A2A521420C69F03C6605A8DB7E863A1A_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherDeposits_A2A521420C69F03C6605A8DB7E863A1A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net increase (decrease) in all other deposits </link:label>

<link:label id="lab_us-gaap_IncreaseDecreaseInOtherDeposits_A2A521420C69F03C6605A8DB7E863A1A_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherDeposits_A2A521420C69F03C6605A8DB7E863A1A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Other Deposits </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInOtherDeposits" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherDeposits_A2A521420C69F03C6605A8DB7E863A1A" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOtherDeposits_A2A521420C69F03C6605A8DB7E863A1A" xlink:to="lab_us-gaap_IncreaseDecreaseInOtherDeposits_A2A521420C69F03C6605A8DB7E863A1A" xlink:type="arc"/>

<link:label id="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_BFD4EABCF27314EE60BAA8DB7E87D92E_verboseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_BFD4EABCF27314EE60BAA8DB7E87D92E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Net (decrease) in other short-term borrowings </link:label>

<link:label id="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_BFD4EABCF27314EE60BAA8DB7E87D92E_label_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_BFD4EABCF27314EE60BAA8DB7E87D92E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from (Repayments of) Short-term Debt </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfShortTermDebt" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_BFD4EABCF27314EE60BAA8DB7E87D92E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_BFD4EABCF27314EE60BAA8DB7E87D92E" xlink:to="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_BFD4EABCF27314EE60BAA8DB7E87D92E" xlink:type="arc"/>

<link:label id="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_60FA7409EE9D8A94AE12A8DB7E87F21A_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_60FA7409EE9D8A94AE12A8DB7E87F21A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from issuance of long-term debt, net of issuance costs </link:label>

<link:label id="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_60FA7409EE9D8A94AE12A8DB7E87F21A_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_60FA7409EE9D8A94AE12A8DB7E87F21A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Issuance of Long-term Debt </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebt" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfLongTermDebt_60FA7409EE9D8A94AE12A8DB7E87F21A" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfLongTermDebt_60FA7409EE9D8A94AE12A8DB7E87F21A" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_60FA7409EE9D8A94AE12A8DB7E87F21A" xlink:type="arc"/>

<link:label id="lab_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities_DBF34A3D0973DFF1431FA8DB7E873A69_negatedLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities_DBF34A3D0973DFF1431FA8DB7E873A69" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Payments for long-term debt and obligations under capital leases </link:label>

<link:label id="lab_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities_DBF34A3D0973DFF1431FA8DB7E873A69_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities_DBF34A3D0973DFF1431FA8DB7E873A69" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Repayments of Long-term Debt, Long-term Capital Lease Obligations, and Capital Securities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities" xlink:label="loc_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities_DBF34A3D0973DFF1431FA8DB7E873A69" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities_DBF34A3D0973DFF1431FA8DB7E873A69" xlink:to="lab_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities_DBF34A3D0973DFF1431FA8DB7E873A69" xlink:type="arc"/>

<link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_94C9F5C16854D2B35E94A8DB7E875393_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_94C9F5C16854D2B35E94A8DB7E875393" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Purchases of common stock </link:label>

<link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_94C9F5C16854D2B35E94A8DB7E875393_label_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_94C9F5C16854D2B35E94A8DB7E875393" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments for Repurchase of Common Stock </link:label>

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<link:label id="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_E6B0D8F59491DF448F74A8DB7E878B5B_terseLabel_en-US" xlink:label="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_E6B0D8F59491DF448F74A8DB7E878B5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Excess tax benefit related to stock-based compensation </link:label>

<link:label id="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_E6B0D8F59491DF448F74A8DB7E878B5B_label_en-US" xlink:label="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_E6B0D8F59491DF448F74A8DB7E878B5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Excess Tax Benefit from Share-based Compensation, Financing Activities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:label="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_E6B0D8F59491DF448F74A8DB7E878B5B" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_E6B0D8F59491DF448F74A8DB7E878B5B" xlink:to="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_E6B0D8F59491DF448F74A8DB7E878B5B" xlink:type="arc"/>

<link:label id="lab_stt_RepurchasesOfCommonStockForEmployeeTaxWithholding_06A4576071BA97231534A8DB7E87B071_negatedTerseLabel_en-US" xlink:label="lab_stt_RepurchasesOfCommonStockForEmployeeTaxWithholding_06A4576071BA97231534A8DB7E87B071" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Repurchases of common stock for employee tax withholding </link:label>

<link:label id="lab_stt_RepurchasesOfCommonStockForEmployeeTaxWithholding_06A4576071BA97231534A8DB7E87B071_label_en-US" xlink:label="lab_stt_RepurchasesOfCommonStockForEmployeeTaxWithholding_06A4576071BA97231534A8DB7E87B071" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Repurchases Of Common Stock For Employee Tax Withholding </link:label>

<link:label id="lab_stt_RepurchasesOfCommonStockForEmployeeTaxWithholding_06A4576071BA97231534A8DB7E87B071_documentation_en-US" xlink:label="lab_stt_RepurchasesOfCommonStockForEmployeeTaxWithholding_06A4576071BA97231534A8DB7E87B071" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Repurchases Of Common Stock For Employee Tax Withholding </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_RepurchasesOfCommonStockForEmployeeTaxWithholding" xlink:label="loc_stt_RepurchasesOfCommonStockForEmployeeTaxWithholding_06A4576071BA97231534A8DB7E87B071" xlink:type="locator"/>

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<link:label id="lab_us-gaap_PaymentsOfDividends_3A34A76B13A6D82700A2A8DB7E875678_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDividends_3A34A76B13A6D82700A2A8DB7E875678" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Payments for cash dividends </link:label>

<link:label id="lab_us-gaap_PaymentsOfDividends_3A34A76B13A6D82700A2A8DB7E875678_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDividends_3A34A76B13A6D82700A2A8DB7E875678" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments of Dividends </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="loc_us-gaap_PaymentsOfDividends_3A34A76B13A6D82700A2A8DB7E875678" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_576B9733765D4B56E60FA8DB7E871C91_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_576B9733765D4B56E60FA8DB7E871C91" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other, net </link:label>

<link:label id="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_576B9733765D4B56E60FA8DB7E871C91_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_576B9733765D4B56E60FA8DB7E871C91" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from (Payments for) Other Financing Activities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xlink:label="loc_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_576B9733765D4B56E60FA8DB7E871C91" xlink:type="locator"/>

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<link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_B9E5C71E0D373F5A8811A8DB7E87D17D_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_B9E5C71E0D373F5A8811A8DB7E87D17D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net cash (used in) provided by financing activities </link:label>

<link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_B9E5C71E0D373F5A8811A8DB7E87D17D_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_B9E5C71E0D373F5A8811A8DB7E87D17D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Financing Activities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_B9E5C71E0D373F5A8811A8DB7E87D17D" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_B9E5C71E0D373F5A8811A8DB7E87D17D" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_B9E5C71E0D373F5A8811A8DB7E87D17D" xlink:type="arc"/>

<link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_B0974BCA0FA993D881BAA8DB7E87DA46_totalLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_B0974BCA0FA993D881BAA8DB7E87DA46" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net increase </link:label>

<link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_B0974BCA0FA993D881BAA8DB7E87DA46_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_B0974BCA0FA993D881BAA8DB7E87DA46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash and Cash Equivalents, Period Increase (Decrease) </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_B0974BCA0FA993D881BAA8DB7E87DA46" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_B0974BCA0FA993D881BAA8DB7E87DA46" xlink:to="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_B0974BCA0FA993D881BAA8DB7E87DA46" xlink:type="arc"/>

<link:label id="lab_us-gaap_CashAndDueFromBanks_B5CC1BCBED8B322F0929A8DB7E87B7AE_periodStartLabel_en-US" xlink:label="lab_us-gaap_CashAndDueFromBanks_B5CC1BCBED8B322F0929A8DB7E87B7AE" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Cash and due from banks at beginning of period </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndDueFromBanks" xlink:label="loc_us-gaap_CashAndDueFromBanks_B5CC1BCBED8B322F0929A8DB7E87B7AE" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndDueFromBanks_B5CC1BCBED8B322F0929A8DB7E87B7AE" xlink:to="lab_us-gaap_CashAndDueFromBanks_B5CC1BCBED8B322F0929A8DB7E87B7AE" xlink:type="arc"/>

<link:label id="lab_us-gaap_CashAndDueFromBanks_FBAD0E06B58ED76A0631A8DB7E87480C_periodEndLabel_en-US" xlink:label="lab_us-gaap_CashAndDueFromBanks_FBAD0E06B58ED76A0631A8DB7E87480C" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Cash and due from banks at end of period </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndDueFromBanks" xlink:label="loc_us-gaap_CashAndDueFromBanks_FBAD0E06B58ED76A0631A8DB7E87480C" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndDueFromBanks_FBAD0E06B58ED76A0631A8DB7E87480C" xlink:to="lab_us-gaap_CashAndDueFromBanks_FBAD0E06B58ED76A0631A8DB7E87480C" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount_7B3EF36D51A047661C58454BA1C871B1_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount_7B3EF36D51A047661C58454BA1C871B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets, level 1 to level 2 transfers </link:label>

<link:label id="lab_us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount_7B3EF36D51A047661C58454BA1C871B1_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount_7B3EF36D51A047661C58454BA1C871B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets, Level 1 to Level 2 Transfers, Amount </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount" xlink:label="loc_us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount_7B3EF36D51A047661C58454BA1C871B1" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount_7B3EF36D51A047661C58454BA1C871B1" xlink:to="lab_us-gaap_FairValueAssetsLevel1ToLevel2TransfersAmount_7B3EF36D51A047661C58454BA1C871B1" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueAssetsLevel2ToLevel1TransfersAmount_2F30A49701C2C1DFCE6D454BA1C86CF2_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsLevel2ToLevel1TransfersAmount_2F30A49701C2C1DFCE6D454BA1C86CF2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets, level 2 to level 1 transfers </link:label>

<link:label id="lab_us-gaap_FairValueAssetsLevel2ToLevel1TransfersAmount_2F30A49701C2C1DFCE6D454BA1C86CF2_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsLevel2ToLevel1TransfersAmount_2F30A49701C2C1DFCE6D454BA1C86CF2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets, Level 2 to Level 1 Transfers, Amount </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsLevel2ToLevel1TransfersAmount" xlink:label="loc_us-gaap_FairValueAssetsLevel2ToLevel1TransfersAmount_2F30A49701C2C1DFCE6D454BA1C86CF2" xlink:type="locator"/>

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<link:label id="lab_us-gaap_FairValueLiabilitiesLevel1ToLevel2TransfersAmount_49590218DC67E138ED28454BA1C81248_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesLevel1ToLevel2TransfersAmount_49590218DC67E138ED28454BA1C81248" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liabilities, level 1 to level 2 transfers </link:label>

<link:label id="lab_us-gaap_FairValueLiabilitiesLevel1ToLevel2TransfersAmount_49590218DC67E138ED28454BA1C81248_label_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesLevel1ToLevel2TransfersAmount_49590218DC67E138ED28454BA1C81248" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Liabilities, Level 1 to Level 2 Transfers, Amount </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesLevel1ToLevel2TransfersAmount" xlink:label="loc_us-gaap_FairValueLiabilitiesLevel1ToLevel2TransfersAmount_49590218DC67E138ED28454BA1C81248" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueLiabilitiesLevel1ToLevel2TransfersAmount_49590218DC67E138ED28454BA1C81248" xlink:to="lab_us-gaap_FairValueLiabilitiesLevel1ToLevel2TransfersAmount_49590218DC67E138ED28454BA1C81248" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueLiabilitiesLevel2ToLevel1TransfersAmount_6B1797715FEB2A2A35B8454BA1C8C7D1_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesLevel2ToLevel1TransfersAmount_6B1797715FEB2A2A35B8454BA1C8C7D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liabilities, level 2 to level 1 transfers </link:label>

<link:label id="lab_us-gaap_FairValueLiabilitiesLevel2ToLevel1TransfersAmount_6B1797715FEB2A2A35B8454BA1C8C7D1_label_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesLevel2ToLevel1TransfersAmount_6B1797715FEB2A2A35B8454BA1C8C7D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Liabilities, Level 2 to Level 1 Transfers, Amount </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesLevel2ToLevel1TransfersAmount" xlink:label="loc_us-gaap_FairValueLiabilitiesLevel2ToLevel1TransfersAmount_6B1797715FEB2A2A35B8454BA1C8C7D1" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueLiabilitiesLevel2ToLevel1TransfersAmount_6B1797715FEB2A2A35B8454BA1C8C7D1" xlink:to="lab_us-gaap_FairValueLiabilitiesLevel2ToLevel1TransfersAmount_6B1797715FEB2A2A35B8454BA1C8C7D1" xlink:type="arc"/>

<link:label id="lab_stt_ContractualMaturitiesOfDebtInvestmentSecuritiesTable_2AA3B90059A9E82E3AD1454BA022EFC0_terseLabel_en-US" xlink:label="lab_stt_ContractualMaturitiesOfDebtInvestmentSecuritiesTable_2AA3B90059A9E82E3AD1454BA022EFC0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Contractual Maturities Of Debt Investment Securities [Table] </link:label>

<link:label id="lab_stt_ContractualMaturitiesOfDebtInvestmentSecuritiesTable_2AA3B90059A9E82E3AD1454BA022EFC0_label_en-US" xlink:label="lab_stt_ContractualMaturitiesOfDebtInvestmentSecuritiesTable_2AA3B90059A9E82E3AD1454BA022EFC0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Contractual Maturities Of Debt Investment Securities [Table] </link:label>

<link:label id="lab_stt_ContractualMaturitiesOfDebtInvestmentSecuritiesTable_2AA3B90059A9E82E3AD1454BA022EFC0_documentation_en-US" xlink:label="lab_stt_ContractualMaturitiesOfDebtInvestmentSecuritiesTable_2AA3B90059A9E82E3AD1454BA022EFC0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Contractual Maturities of Debt Investment Securities [Table] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_ContractualMaturitiesOfDebtInvestmentSecuritiesTable" xlink:label="loc_stt_ContractualMaturitiesOfDebtInvestmentSecuritiesTable_2AA3B90059A9E82E3AD1454BA022EFC0" xlink:type="locator"/>

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<link:label id="lab_stt_ContractualMaturitiesOfDebtInvestmentSecuritiesLineItems_A0CB61F922D9B9E7273E454BA0229F0F_terseLabel_en-US" xlink:label="lab_stt_ContractualMaturitiesOfDebtInvestmentSecuritiesLineItems_A0CB61F922D9B9E7273E454BA0229F0F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Contractual Maturities Of Debt Investment Securities [Line Items] </link:label>

<link:label id="lab_stt_ContractualMaturitiesOfDebtInvestmentSecuritiesLineItems_A0CB61F922D9B9E7273E454BA0229F0F_label_en-US" xlink:label="lab_stt_ContractualMaturitiesOfDebtInvestmentSecuritiesLineItems_A0CB61F922D9B9E7273E454BA0229F0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Contractual Maturities Of Debt Investment Securities [Line Items] </link:label>

<link:label id="lab_stt_ContractualMaturitiesOfDebtInvestmentSecuritiesLineItems_A0CB61F922D9B9E7273E454BA0229F0F_documentation_en-US" xlink:label="lab_stt_ContractualMaturitiesOfDebtInvestmentSecuritiesLineItems_A0CB61F922D9B9E7273E454BA0229F0F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Contractual Maturities Of Debt Investment Securities [Line Items] </link:label>

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<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_1735109190C277CC97A6454BA0221E94_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_1735109190C277CC97A6454BA0221E94" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Available for sale, under 1 Year </link:label>

<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_1735109190C277CC97A6454BA0221E94_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_1735109190C277CC97A6454BA0221E94" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, Next Twelve Months, Fair Value </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_1735109190C277CC97A6454BA0221E94" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_1735109190C277CC97A6454BA0221E94" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_1735109190C277CC97A6454BA0221E94" xlink:type="arc"/>

<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_D119FEC0D7A0C59FF72A454BA0227A79_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_D119FEC0D7A0C59FF72A454BA0227A79" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Available for sale, 1 to 5 Years </link:label>

<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_D119FEC0D7A0C59FF72A454BA0227A79_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_D119FEC0D7A0C59FF72A454BA0227A79" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, Year Two Through Five, Fair Value </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_D119FEC0D7A0C59FF72A454BA0227A79" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_D119FEC0D7A0C59FF72A454BA0227A79" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_D119FEC0D7A0C59FF72A454BA0227A79" xlink:type="arc"/>

<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_6CE0181130F603667522454BA022E07E_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_6CE0181130F603667522454BA022E07E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Available for sale, 6 to 10 Years </link:label>

<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_6CE0181130F603667522454BA022E07E_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_6CE0181130F603667522454BA022E07E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Fair Value </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_6CE0181130F603667522454BA022E07E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_6CE0181130F603667522454BA022E07E" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_6CE0181130F603667522454BA022E07E" xlink:type="arc"/>

<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_5011752B5D4130FE5208454BA022F4D3_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_5011752B5D4130FE5208454BA022F4D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Available for sale, over 10 Years </link:label>

<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_5011752B5D4130FE5208454BA022F4D3_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_5011752B5D4130FE5208454BA022F4D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, after Ten Years, Fair Value </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_5011752B5D4130FE5208454BA022F4D3" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_5011752B5D4130FE5208454BA022F4D3" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_5011752B5D4130FE5208454BA022F4D3" xlink:type="arc"/>

<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_AE7B16B4CBAF1DD54371454BA022B529_totalLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_AE7B16B4CBAF1DD54371454BA022B529" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Available-for-sale, fair value </link:label>

<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_AE7B16B4CBAF1DD54371454BA022B529_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_AE7B16B4CBAF1DD54371454BA022B529" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Securities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_AE7B16B4CBAF1DD54371454BA022B529" xlink:type="locator"/>

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<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue_8EE1B4C1A17D95870AB6454BA022EFDB_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue_8EE1B4C1A17D95870AB6454BA022EFDB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Held to maturity, under 1 Year </link:label>

<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue_8EE1B4C1A17D95870AB6454BA022EFDB_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue_8EE1B4C1A17D95870AB6454BA022EFDB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held-to-maturity Securities, Debt Maturities, Next Twelve Months, Fair Value </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue_8EE1B4C1A17D95870AB6454BA022EFDB" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue_8EE1B4C1A17D95870AB6454BA022EFDB" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue_8EE1B4C1A17D95870AB6454BA022EFDB" xlink:type="arc"/>

<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_EEB15B61D5A12C0E7ADD454BA022B547_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_EEB15B61D5A12C0E7ADD454BA022B547" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Held to maturity, 1 to 5 Years </link:label>

<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_EEB15B61D5A12C0E7ADD454BA022B547_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_EEB15B61D5A12C0E7ADD454BA022B547" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held-to-maturity Securities, Debt Maturities, Year Two Through Five, Fair Value </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_EEB15B61D5A12C0E7ADD454BA022B547" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_EEB15B61D5A12C0E7ADD454BA022B547" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_EEB15B61D5A12C0E7ADD454BA022B547" xlink:type="arc"/>

<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_33CD65137BF14F03068D454BA02213BF_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_33CD65137BF14F03068D454BA02213BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Held to maturity, 6 to 10 Years </link:label>

<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_33CD65137BF14F03068D454BA02213BF_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_33CD65137BF14F03068D454BA02213BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held-to-maturity Securities, Debt Maturities, Year Six Through Ten, Fair Value </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_33CD65137BF14F03068D454BA02213BF" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_33CD65137BF14F03068D454BA02213BF" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_33CD65137BF14F03068D454BA02213BF" xlink:type="arc"/>

<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue_65C62A06B3A8CF5A81B1454BA022A609_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue_65C62A06B3A8CF5A81B1454BA022A609" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Held to maturity, over 10 Years </link:label>

<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue_65C62A06B3A8CF5A81B1454BA022A609_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue_65C62A06B3A8CF5A81B1454BA022A609" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held-to-maturity Securities, Debt Maturities, after Ten Years, Fair Value </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue_65C62A06B3A8CF5A81B1454BA022A609" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue_65C62A06B3A8CF5A81B1454BA022A609" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue_65C62A06B3A8CF5A81B1454BA022A609" xlink:type="arc"/>

<link:label id="lab_us-gaap_OtherIncomeAndExpensesAbstract_DFBA69151CD032F85CEC9A3A161E544C_label_en-US" xlink:label="lab_us-gaap_OtherIncomeAndExpensesAbstract_DFBA69151CD032F85CEC9A3A161E544C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Income and Expenses [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIncomeAndExpensesAbstract" xlink:label="loc_us-gaap_OtherIncomeAndExpensesAbstract_DFBA69151CD032F85CEC9A3A161E544C" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherIncomeAndExpensesAbstract_DFBA69151CD032F85CEC9A3A161E544C" xlink:to="lab_us-gaap_OtherIncomeAndExpensesAbstract_DFBA69151CD032F85CEC9A3A161E544C" xlink:type="arc"/>

<link:label id="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_241E3BB50ECF16C1DB8A9A3A161E9EE8_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_241E3BB50ECF16C1DB8A9A3A161E9EE8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Restructuring and Related Costs [Table] </link:label>

<link:label id="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_241E3BB50ECF16C1DB8A9A3A161E9EE8_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_241E3BB50ECF16C1DB8A9A3A161E9EE8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Restructuring and Related Costs [Table] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfRestructuringAndRelatedCostsTable" xlink:label="loc_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_241E3BB50ECF16C1DB8A9A3A161E9EE8" xlink:type="locator"/>

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<link:label id="lab_us-gaap_RestructuringPlanAxis_D5ABE233D848C19184CE9A3A161EECE5_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringPlanAxis_D5ABE233D848C19184CE9A3A161EECE5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restructuring Plan [Axis] </link:label>

<link:label id="lab_us-gaap_RestructuringPlanAxis_D5ABE233D848C19184CE9A3A161EECE5_label_en-US" xlink:label="lab_us-gaap_RestructuringPlanAxis_D5ABE233D848C19184CE9A3A161EECE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restructuring Plan [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestructuringPlanAxis" xlink:label="loc_us-gaap_RestructuringPlanAxis_D5ABE233D848C19184CE9A3A161EECE5" xlink:type="locator"/>

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<link:label id="lab_us-gaap_RestructuringPlanDomain_2E908DE2F494B65A487A9A3A161E4D6F_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringPlanDomain_2E908DE2F494B65A487A9A3A161E4D6F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restructuring Plan [Domain] </link:label>

<link:label id="lab_us-gaap_RestructuringPlanDomain_2E908DE2F494B65A487A9A3A161E4D6F_label_en-US" xlink:label="lab_us-gaap_RestructuringPlanDomain_2E908DE2F494B65A487A9A3A161E4D6F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restructuring Plan [Domain] </link:label>

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<link:label id="lab_stt_StateStreetBeaconMember_58AC7DBF5C70F8F093D99A3A161FC4AC_terseLabel_en-US" xlink:label="lab_stt_StateStreetBeaconMember_58AC7DBF5C70F8F093D99A3A161FC4AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> State Street Beacon </link:label>

<link:label id="lab_stt_StateStreetBeaconMember_58AC7DBF5C70F8F093D99A3A161FC4AC_label_en-US" xlink:label="lab_stt_StateStreetBeaconMember_58AC7DBF5C70F8F093D99A3A161FC4AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> State Street Beacon [Member] </link:label>

<link:label id="lab_stt_StateStreetBeaconMember_58AC7DBF5C70F8F093D99A3A161FC4AC_documentation_en-US" xlink:label="lab_stt_StateStreetBeaconMember_58AC7DBF5C70F8F093D99A3A161FC4AC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> State Street Beacon [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_StateStreetBeaconMember" xlink:label="loc_stt_StateStreetBeaconMember_58AC7DBF5C70F8F093D99A3A161FC4AC" xlink:type="locator"/>

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<link:label id="lab_us-gaap_RestructuringCostAndReserveAxis_930393654A90C67DE7379A3A161FA398_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringCostAndReserveAxis_930393654A90C67DE7379A3A161FA398" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restructuring Type [Axis] </link:label>

<link:label id="lab_us-gaap_RestructuringCostAndReserveAxis_930393654A90C67DE7379A3A161FA398_label_en-US" xlink:label="lab_us-gaap_RestructuringCostAndReserveAxis_930393654A90C67DE7379A3A161FA398" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restructuring Type [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestructuringCostAndReserveAxis" xlink:label="loc_us-gaap_RestructuringCostAndReserveAxis_930393654A90C67DE7379A3A161FA398" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringCostAndReserveAxis_930393654A90C67DE7379A3A161FA398" xlink:to="lab_us-gaap_RestructuringCostAndReserveAxis_930393654A90C67DE7379A3A161FA398" xlink:type="arc"/>

<link:label id="lab_us-gaap_TypeOfRestructuringDomain_18D3313359D1795349469A3A161FA7F1_terseLabel_en-US" xlink:label="lab_us-gaap_TypeOfRestructuringDomain_18D3313359D1795349469A3A161FA7F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Type of Restructuring [Domain] </link:label>

<link:label id="lab_us-gaap_TypeOfRestructuringDomain_18D3313359D1795349469A3A161FA7F1_label_en-US" xlink:label="lab_us-gaap_TypeOfRestructuringDomain_18D3313359D1795349469A3A161FA7F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Type of Restructuring [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TypeOfRestructuringDomain" xlink:label="loc_us-gaap_TypeOfRestructuringDomain_18D3313359D1795349469A3A161FA7F1" xlink:type="locator"/>

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<link:label id="lab_us-gaap_EmployeeSeveranceMember_057B635E415D8AC87A7D9A3A161F98AE_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeSeveranceMember_057B635E415D8AC87A7D9A3A161F98AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Employee Related Costs </link:label>

<link:label id="lab_us-gaap_EmployeeSeveranceMember_057B635E415D8AC87A7D9A3A161F98AE_label_en-US" xlink:label="lab_us-gaap_EmployeeSeveranceMember_057B635E415D8AC87A7D9A3A161F98AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Severance [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeSeveranceMember" xlink:label="loc_us-gaap_EmployeeSeveranceMember_057B635E415D8AC87A7D9A3A161F98AE" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeSeveranceMember_057B635E415D8AC87A7D9A3A161F98AE" xlink:to="lab_us-gaap_EmployeeSeveranceMember_057B635E415D8AC87A7D9A3A161F98AE" xlink:type="arc"/>

<link:label id="lab_us-gaap_FacilityClosingMember_8F8E49CE0FD3D6D315BA9A3A161F6AB3_terseLabel_en-US" xlink:label="lab_us-gaap_FacilityClosingMember_8F8E49CE0FD3D6D315BA9A3A161F6AB3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Real Estate Consolidation </link:label>

<link:label id="lab_us-gaap_FacilityClosingMember_8F8E49CE0FD3D6D315BA9A3A161F6AB3_label_en-US" xlink:label="lab_us-gaap_FacilityClosingMember_8F8E49CE0FD3D6D315BA9A3A161F6AB3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Facility Closing [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FacilityClosingMember" xlink:label="loc_us-gaap_FacilityClosingMember_8F8E49CE0FD3D6D315BA9A3A161F6AB3" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FacilityClosingMember_8F8E49CE0FD3D6D315BA9A3A161F6AB3" xlink:to="lab_us-gaap_FacilityClosingMember_8F8E49CE0FD3D6D315BA9A3A161F6AB3" xlink:type="arc"/>

<link:label id="lab_stt_AssetsAndOtherWriteOffsMember_A8A01872FD8071794D4B9A3A161F965D_terseLabel_en-US" xlink:label="lab_stt_AssetsAndOtherWriteOffsMember_A8A01872FD8071794D4B9A3A161F965D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Asset and Other Write-offs </link:label>

<link:label id="lab_stt_AssetsAndOtherWriteOffsMember_A8A01872FD8071794D4B9A3A161F965D_label_en-US" xlink:label="lab_stt_AssetsAndOtherWriteOffsMember_A8A01872FD8071794D4B9A3A161F965D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets and Other Write-offs [Member] </link:label>

<link:label id="lab_stt_AssetsAndOtherWriteOffsMember_A8A01872FD8071794D4B9A3A161F965D_documentation_en-US" xlink:label="lab_stt_AssetsAndOtherWriteOffsMember_A8A01872FD8071794D4B9A3A161F965D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Assets and Other Write-offs [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_AssetsAndOtherWriteOffsMember" xlink:label="loc_stt_AssetsAndOtherWriteOffsMember_A8A01872FD8071794D4B9A3A161F965D" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_AssetsAndOtherWriteOffsMember_A8A01872FD8071794D4B9A3A161F965D" xlink:to="lab_stt_AssetsAndOtherWriteOffsMember_A8A01872FD8071794D4B9A3A161F965D" xlink:type="arc"/>

<link:label id="lab_us-gaap_RestructuringCostAndReserveLineItems_EE6BE44D96B2B9EEAF4A9A3A161FDCEF_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringCostAndReserveLineItems_EE6BE44D96B2B9EEAF4A9A3A161FDCEF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restructuring Cost and Reserve [Line Items] </link:label>

<link:label id="lab_us-gaap_RestructuringCostAndReserveLineItems_EE6BE44D96B2B9EEAF4A9A3A161FDCEF_label_en-US" xlink:label="lab_us-gaap_RestructuringCostAndReserveLineItems_EE6BE44D96B2B9EEAF4A9A3A161FDCEF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restructuring Cost and Reserve [Line Items] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestructuringCostAndReserveLineItems" xlink:label="loc_us-gaap_RestructuringCostAndReserveLineItems_EE6BE44D96B2B9EEAF4A9A3A161FDCEF" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringCostAndReserveLineItems_EE6BE44D96B2B9EEAF4A9A3A161FDCEF" xlink:to="lab_us-gaap_RestructuringCostAndReserveLineItems_EE6BE44D96B2B9EEAF4A9A3A161FDCEF" xlink:type="arc"/>

<link:label id="lab_us-gaap_RestructuringReserveRollForward_D6D06A6DA4B6362EB5AA9A3A161FD0AD_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringReserveRollForward_D6D06A6DA4B6362EB5AA9A3A161FD0AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restructuring Reserve [Roll Forward] </link:label>

<link:label id="lab_us-gaap_RestructuringReserveRollForward_D6D06A6DA4B6362EB5AA9A3A161FD0AD_label_en-US" xlink:label="lab_us-gaap_RestructuringReserveRollForward_D6D06A6DA4B6362EB5AA9A3A161FD0AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restructuring Reserve [Roll Forward] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestructuringReserveRollForward" xlink:label="loc_us-gaap_RestructuringReserveRollForward_D6D06A6DA4B6362EB5AA9A3A161FD0AD" xlink:type="locator"/>

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<link:label id="lab_us-gaap_RestructuringReserve_5987F05F776D75341C999A3A161FDDCB_periodStartLabel_en-US" xlink:label="lab_us-gaap_RestructuringReserve_5987F05F776D75341C999A3A161FDDCB" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Beginning balance </link:label>

<link:label id="lab_us-gaap_RestructuringReserve_5987F05F776D75341C999A3A161FDDCB_label_en-US" xlink:label="lab_us-gaap_RestructuringReserve_5987F05F776D75341C999A3A161FDDCB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restructuring Reserve </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestructuringReserve" xlink:label="loc_us-gaap_RestructuringReserve_5987F05F776D75341C999A3A161FDDCB" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringReserve_5987F05F776D75341C999A3A161FDDCB" xlink:to="lab_us-gaap_RestructuringReserve_5987F05F776D75341C999A3A161FDDCB" xlink:type="arc"/>

<link:label id="lab_us-gaap_RestructuringCharges_1FE17AF3D6E6A6AC86E29A3A161FB72B_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringCharges_1FE17AF3D6E6A6AC86E29A3A161FB72B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accruals for State Street Beacon </link:label>

<link:label id="lab_us-gaap_RestructuringCharges_1FE17AF3D6E6A6AC86E29A3A161FB72B_label_en-US" xlink:label="lab_us-gaap_RestructuringCharges_1FE17AF3D6E6A6AC86E29A3A161FB72B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restructuring Charges </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestructuringCharges" xlink:label="loc_us-gaap_RestructuringCharges_1FE17AF3D6E6A6AC86E29A3A161FB72B" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringCharges_1FE17AF3D6E6A6AC86E29A3A161FB72B" xlink:to="lab_us-gaap_RestructuringCharges_1FE17AF3D6E6A6AC86E29A3A161FB72B" xlink:type="arc"/>

<link:label id="lab_us-gaap_PaymentsForRestructuring_88CCFC9B60971B45CF2B9A3A161FA053_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRestructuring_88CCFC9B60971B45CF2B9A3A161FA053" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Payments and Other Adjustments </link:label>

<link:label id="lab_us-gaap_PaymentsForRestructuring_88CCFC9B60971B45CF2B9A3A161FA053_label_en-US" xlink:label="lab_us-gaap_PaymentsForRestructuring_88CCFC9B60971B45CF2B9A3A161FA053" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments for Restructuring </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForRestructuring" xlink:label="loc_us-gaap_PaymentsForRestructuring_88CCFC9B60971B45CF2B9A3A161FA053" xlink:type="locator"/>

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<link:label id="lab_us-gaap_RestructuringReserve_814D55E57170EA8D50EC9A3A16208E12_periodEndLabel_en-US" xlink:label="lab_us-gaap_RestructuringReserve_814D55E57170EA8D50EC9A3A16208E12" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Ending balance </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestructuringReserve" xlink:label="loc_us-gaap_RestructuringReserve_814D55E57170EA8D50EC9A3A16208E12" xlink:type="locator"/>

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<link:label id="lab_us-gaap_EmployeeSeveranceMember_275759A4A3602A745617A3AD8F1B2AF9_verboseLabel_en-US" xlink:label="lab_us-gaap_EmployeeSeveranceMember_275759A4A3602A745617A3AD8F1B2AF9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Severance and Benefit Costs </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeSeveranceMember" xlink:label="loc_us-gaap_EmployeeSeveranceMember_275759A4A3602A745617A3AD8F1B2AF9" xlink:type="locator"/>

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<link:label id="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_73FCB66E6C53DB98EBB0A3AD8F2179F9_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_73FCB66E6C53DB98EBB0A3AD8F2179F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Acquisition related costs </link:label>

<link:label id="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_73FCB66E6C53DB98EBB0A3AD8F2179F9_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_73FCB66E6C53DB98EBB0A3AD8F2179F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Combination, Acquisition Related Costs </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessCombinationAcquisitionRelatedCosts" xlink:label="loc_us-gaap_BusinessCombinationAcquisitionRelatedCosts_73FCB66E6C53DB98EBB0A3AD8F2179F9" xlink:type="locator"/>

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<link:label id="lab_us-gaap_RestructuringCharges_235B51C12985D0395DCCA3AD8F21C50C_verboseLabel_en-US" xlink:label="lab_us-gaap_RestructuringCharges_235B51C12985D0395DCCA3AD8F21C50C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Restructuring charges </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestructuringCharges" xlink:label="loc_us-gaap_RestructuringCharges_235B51C12985D0395DCCA3AD8F21C50C" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ScheduleOfGuaranteeObligationsTextBlock_E955561B119987DCAC0F454BA2167E9A_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfGuaranteeObligationsTextBlock_E955561B119987DCAC0F454BA2167E9A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Guarantor Obligations </link:label>

<link:label id="lab_us-gaap_ScheduleOfGuaranteeObligationsTextBlock_E955561B119987DCAC0F454BA2167E9A_label_en-US" xlink:label="lab_us-gaap_ScheduleOfGuaranteeObligationsTextBlock_E955561B119987DCAC0F454BA2167E9A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Guarantor Obligations [Table Text Block] </link:label>

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<link:label id="lab_us-gaap_ScheduleOfRepurchaseAgreements_EA3A1455CB4A6CEA51E7454BA216F70C_verboseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRepurchaseAgreements_EA3A1455CB4A6CEA51E7454BA216F70C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Repurchase Agreements </link:label>

<link:label id="lab_us-gaap_ScheduleOfRepurchaseAgreements_EA3A1455CB4A6CEA51E7454BA216F70C_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRepurchaseAgreements_EA3A1455CB4A6CEA51E7454BA216F70C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Repurchase Agreements [Table Text Block] </link:label>

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<link:label id="lab_stt_FairValueInputsAssetsAndLiabilitiesQuantitativeInformationTable_F6B1D393FF8C9CCF8AFA454BA05036D0_terseLabel_en-US" xlink:label="lab_stt_FairValueInputsAssetsAndLiabilitiesQuantitativeInformationTable_F6B1D393FF8C9CCF8AFA454BA05036D0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value Inputs, Assets and Liabilities, Quantitative Information [Table] </link:label>

<link:label id="lab_stt_FairValueInputsAssetsAndLiabilitiesQuantitativeInformationTable_F6B1D393FF8C9CCF8AFA454BA05036D0_label_en-US" xlink:label="lab_stt_FairValueInputsAssetsAndLiabilitiesQuantitativeInformationTable_F6B1D393FF8C9CCF8AFA454BA05036D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Inputs, Assets and Liabilities, Quantitative Information [Table] </link:label>

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<link:label id="lab_us-gaap_ValuationTechniqueAxis_BC38571C502826506CC5454BA0504296_label_en-US" xlink:label="lab_us-gaap_ValuationTechniqueAxis_BC38571C502826506CC5454BA0504296" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Valuation Technique [Axis] </link:label>

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<link:label id="lab_us-gaap_ValuationTechniqueDomain_6315E43932285B2E0B0D454BA0502EA6_terseLabel_en-US" xlink:label="lab_us-gaap_ValuationTechniqueDomain_6315E43932285B2E0B0D454BA0502EA6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Valuation Technique [Domain] </link:label>

<link:label id="lab_us-gaap_ValuationTechniqueDomain_6315E43932285B2E0B0D454BA0502EA6_label_en-US" xlink:label="lab_us-gaap_ValuationTechniqueDomain_6315E43932285B2E0B0D454BA0502EA6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Valuation Technique [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="loc_us-gaap_ValuationTechniqueDomain_6315E43932285B2E0B0D454BA0502EA6" xlink:type="locator"/>

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<link:label id="lab_us-gaap_IncomeApproachValuationTechniqueMember_529640EA1F75FEBC37C7454BA050D72B_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeApproachValuationTechniqueMember_529640EA1F75FEBC37C7454BA050D72B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Discounted cash flows </link:label>

<link:label id="lab_us-gaap_IncomeApproachValuationTechniqueMember_529640EA1F75FEBC37C7454BA050D72B_label_en-US" xlink:label="lab_us-gaap_IncomeApproachValuationTechniqueMember_529640EA1F75FEBC37C7454BA050D72B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Approach Valuation Technique [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeApproachValuationTechniqueMember" xlink:label="loc_us-gaap_IncomeApproachValuationTechniqueMember_529640EA1F75FEBC37C7454BA050D72B" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeApproachValuationTechniqueMember_529640EA1F75FEBC37C7454BA050D72B" xlink:to="lab_us-gaap_IncomeApproachValuationTechniqueMember_529640EA1F75FEBC37C7454BA050D72B" xlink:type="arc"/>

<link:label id="lab_stt_OptionModelApproachValuationTechniqueMember_0DAB2766E3218EFFA99D454BA050FD54_terseLabel_en-US" xlink:label="lab_stt_OptionModelApproachValuationTechniqueMember_0DAB2766E3218EFFA99D454BA050FD54" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Option model </link:label>

<link:label id="lab_stt_OptionModelApproachValuationTechniqueMember_0DAB2766E3218EFFA99D454BA050FD54_label_en-US" xlink:label="lab_stt_OptionModelApproachValuationTechniqueMember_0DAB2766E3218EFFA99D454BA050FD54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Option Model Approach Valuation Technique [Member] </link:label>

<link:label id="lab_stt_OptionModelApproachValuationTechniqueMember_0DAB2766E3218EFFA99D454BA050FD54_documentation_en-US" xlink:label="lab_stt_OptionModelApproachValuationTechniqueMember_0DAB2766E3218EFFA99D454BA050FD54" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Option Model Approach Valuation Technique [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_OptionModelApproachValuationTechniqueMember" xlink:label="loc_stt_OptionModelApproachValuationTechniqueMember_0DAB2766E3218EFFA99D454BA050FD54" xlink:type="locator"/>

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<link:label id="lab_us-gaap_DerivativeFinancialInstrumentsAssetsMember_8262F3F71340F4120BCD454BA050750D_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFinancialInstrumentsAssetsMember_8262F3F71340F4120BCD454BA050750D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Derivative instruments, assets </link:label>

<link:label id="lab_us-gaap_DerivativeFinancialInstrumentsAssetsMember_8262F3F71340F4120BCD454BA050750D_label_en-US" xlink:label="lab_us-gaap_DerivativeFinancialInstrumentsAssetsMember_8262F3F71340F4120BCD454BA050750D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Financial Instruments, Assets [Member] </link:label>

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<link:label id="lab_us-gaap_WeightedAverageMember_AA293462E56B73B80B65454BA05094D7_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageMember_AA293462E56B73B80B65454BA05094D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted average </link:label>

<link:label id="lab_us-gaap_WeightedAverageMember_AA293462E56B73B80B65454BA05094D7_label_en-US" xlink:label="lab_us-gaap_WeightedAverageMember_AA293462E56B73B80B65454BA05094D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Weighted Average [Member] </link:label>

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<link:label id="lab_us-gaap_ForeignCurrencyContractAssetFairValueDisclosure_0485DB29DB03EABBC545454BA05018DC_verboseLabel_en-US" xlink:label="lab_us-gaap_ForeignCurrencyContractAssetFairValueDisclosure_0485DB29DB03EABBC545454BA05018DC" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Derivative instruments, foreign exchange contracts </link:label>

<link:label id="lab_us-gaap_ForeignCurrencyContractAssetFairValueDisclosure_0485DB29DB03EABBC545454BA05018DC_label_en-US" xlink:label="lab_us-gaap_ForeignCurrencyContractAssetFairValueDisclosure_0485DB29DB03EABBC545454BA05018DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Currency Contract, Asset, Fair Value Disclosure </link:label>

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<link:label id="lab_us-gaap_ForeignCurrencyContractsLiabilityFairValueDisclosure_41DCB0E663921F70F530454BA0509948_verboseLabel_en-US" xlink:label="lab_us-gaap_ForeignCurrencyContractsLiabilityFairValueDisclosure_41DCB0E663921F70F530454BA0509948" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Derivative instruments, foreign exchange contracts </link:label>

<link:label id="lab_us-gaap_ForeignCurrencyContractsLiabilityFairValueDisclosure_41DCB0E663921F70F530454BA0509948_label_en-US" xlink:label="lab_us-gaap_ForeignCurrencyContractsLiabilityFairValueDisclosure_41DCB0E663921F70F530454BA0509948" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Currency Contracts, Liability, Fair Value Disclosure </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignCurrencyContractsLiabilityFairValueDisclosure" xlink:label="loc_us-gaap_ForeignCurrencyContractsLiabilityFairValueDisclosure_41DCB0E663921F70F530454BA0509948" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ForeignCurrencyContractsLiabilityFairValueDisclosure_41DCB0E663921F70F530454BA0509948" xlink:to="lab_us-gaap_ForeignCurrencyContractsLiabilityFairValueDisclosure_41DCB0E663921F70F530454BA0509948" xlink:type="arc"/>

<link:label id="lab_us-gaap_LiabilitiesFairValueDisclosure_0CD37EE3FB31B381B2EB454BA050358B_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesFairValueDisclosure_0CD37EE3FB31B381B2EB454BA050358B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_LiabilitiesFairValueDisclosure_0CD37EE3FB31B381B2EB454BA050358B" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesFairValueDisclosure_0CD37EE3FB31B381B2EB454BA050358B" xlink:to="lab_us-gaap_LiabilitiesFairValueDisclosure_0CD37EE3FB31B381B2EB454BA050358B" xlink:type="arc"/>

<link:label id="lab_stt_FairValueInputsCreditSpreadRisk_BB160ADC8FD9C29F9A5E454BA0502421_terseLabel_en-US" xlink:label="lab_stt_FairValueInputsCreditSpreadRisk_BB160ADC8FD9C29F9A5E454BA0502421" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit spread </link:label>

<link:label id="lab_stt_FairValueInputsCreditSpreadRisk_BB160ADC8FD9C29F9A5E454BA0502421_label_en-US" xlink:label="lab_stt_FairValueInputsCreditSpreadRisk_BB160ADC8FD9C29F9A5E454BA0502421" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Inputs, Credit Spread Risk </link:label>

<link:label id="lab_stt_FairValueInputsCreditSpreadRisk_BB160ADC8FD9C29F9A5E454BA0502421_documentation_en-US" xlink:label="lab_stt_FairValueInputsCreditSpreadRisk_BB160ADC8FD9C29F9A5E454BA0502421" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Risk associated credit spread expressed as a percentage, used as an input to measure fair value </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_FairValueInputsCreditSpreadRisk" xlink:label="loc_stt_FairValueInputsCreditSpreadRisk_BB160ADC8FD9C29F9A5E454BA0502421" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_FairValueInputsCreditSpreadRisk_BB160ADC8FD9C29F9A5E454BA0502421" xlink:to="lab_stt_FairValueInputsCreditSpreadRisk_BB160ADC8FD9C29F9A5E454BA0502421" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueAssumptionsExpectedVolatilityRate_A4FC833950EFFC5EC051454BA0609E85_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssumptionsExpectedVolatilityRate_A4FC833950EFFC5EC051454BA0609E85" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Volatility </link:label>

<link:label id="lab_us-gaap_FairValueAssumptionsExpectedVolatilityRate_A4FC833950EFFC5EC051454BA0609E85_label_en-US" xlink:label="lab_us-gaap_FairValueAssumptionsExpectedVolatilityRate_A4FC833950EFFC5EC051454BA0609E85" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Assumptions, Expected Volatility Rate </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssumptionsExpectedVolatilityRate" xlink:label="loc_us-gaap_FairValueAssumptionsExpectedVolatilityRate_A4FC833950EFFC5EC051454BA0609E85" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssumptionsExpectedVolatilityRate_A4FC833950EFFC5EC051454BA0609E85" xlink:to="lab_us-gaap_FairValueAssumptionsExpectedVolatilityRate_A4FC833950EFFC5EC051454BA0609E85" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueByBalanceSheetGroupingTable_9EB3E1127AD18F3657889A3A18CB19D0_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByBalanceSheetGroupingTable_9EB3E1127AD18F3657889A3A18CB19D0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, by Balance Sheet Grouping [Table] </link:label>

<link:label id="lab_us-gaap_FairValueByBalanceSheetGroupingTable_9EB3E1127AD18F3657889A3A18CB19D0_label_en-US" xlink:label="lab_us-gaap_FairValueByBalanceSheetGroupingTable_9EB3E1127AD18F3657889A3A18CB19D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, by Balance Sheet Grouping [Table] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByBalanceSheetGroupingTable" xlink:label="loc_us-gaap_FairValueByBalanceSheetGroupingTable_9EB3E1127AD18F3657889A3A18CB19D0" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_9EB3E1127AD18F3657889A3A18CB19D0" xlink:to="lab_us-gaap_FairValueByBalanceSheetGroupingTable_9EB3E1127AD18F3657889A3A18CB19D0" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueByMeasurementBasisAxis_6CC220088320B2D0F75F9A3A18CC03D7_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementBasisAxis_6CC220088320B2D0F75F9A3A18CC03D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Measurement Basis [Axis] </link:label>

<link:label id="lab_us-gaap_FairValueByMeasurementBasisAxis_6CC220088320B2D0F75F9A3A18CC03D7_label_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementBasisAxis_6CC220088320B2D0F75F9A3A18CC03D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Measurement Basis [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="loc_us-gaap_FairValueByMeasurementBasisAxis_6CC220088320B2D0F75F9A3A18CC03D7" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByMeasurementBasisAxis_6CC220088320B2D0F75F9A3A18CC03D7" xlink:to="lab_us-gaap_FairValueByMeasurementBasisAxis_6CC220088320B2D0F75F9A3A18CC03D7" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueDisclosureItemAmountsDomain_E0147684D8021E7531D39A3A18CCDA99_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosureItemAmountsDomain_E0147684D8021E7531D39A3A18CCDA99" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value Measurement [Domain] </link:label>

<link:label id="lab_us-gaap_FairValueDisclosureItemAmountsDomain_E0147684D8021E7531D39A3A18CCDA99_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosureItemAmountsDomain_E0147684D8021E7531D39A3A18CCDA99" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Measurement [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueDisclosureItemAmountsDomain" xlink:label="loc_us-gaap_FairValueDisclosureItemAmountsDomain_E0147684D8021E7531D39A3A18CCDA99" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosureItemAmountsDomain_E0147684D8021E7531D39A3A18CCDA99" xlink:to="lab_us-gaap_FairValueDisclosureItemAmountsDomain_E0147684D8021E7531D39A3A18CCDA99" xlink:type="arc"/>

<link:label id="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_EE32E9ECEF8C2C15CE879A3A18CCBE46_terseLabel_en-US" xlink:label="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_EE32E9ECEF8C2C15CE879A3A18CCBE46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Portion at Fair Value Measurement </link:label>

<link:label id="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_EE32E9ECEF8C2C15CE879A3A18CCBE46_label_en-US" xlink:label="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_EE32E9ECEF8C2C15CE879A3A18CCBE46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Portion at Fair Value Measurement [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_EE32E9ECEF8C2C15CE879A3A18CCBE46" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_EE32E9ECEF8C2C15CE879A3A18CCBE46" xlink:to="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_EE32E9ECEF8C2C15CE879A3A18CCBE46" xlink:type="arc"/>

<link:label id="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_227FF9C7E7405B3B46519A3A18CCC6C4_terseLabel_en-US" xlink:label="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_227FF9C7E7405B3B46519A3A18CCC6C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Reported Amount </link:label>

<link:label id="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_227FF9C7E7405B3B46519A3A18CCC6C4_label_en-US" xlink:label="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_227FF9C7E7405B3B46519A3A18CCC6C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Reported Value Measurement [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="loc_us-gaap_CarryingReportedAmountFairValueDisclosureMember_227FF9C7E7405B3B46519A3A18CCC6C4" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CarryingReportedAmountFairValueDisclosureMember_227FF9C7E7405B3B46519A3A18CCC6C4" xlink:to="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_227FF9C7E7405B3B46519A3A18CCC6C4" xlink:type="arc"/>

<link:label id="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_C9E901DBE1D1F5C07C3A9A3A18CCBED3_terseLabel_en-US" xlink:label="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_C9E901DBE1D1F5C07C3A9A3A18CCBED3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Estimated Fair Value </link:label>

<link:label id="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_C9E901DBE1D1F5C07C3A9A3A18CCBED3_label_en-US" xlink:label="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_C9E901DBE1D1F5C07C3A9A3A18CCBED3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Estimate of Fair Value Measurement [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:label="loc_us-gaap_EstimateOfFairValueFairValueDisclosureMember_C9E901DBE1D1F5C07C3A9A3A18CCBED3" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EstimateOfFairValueFairValueDisclosureMember_C9E901DBE1D1F5C07C3A9A3A18CCBED3" xlink:to="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_C9E901DBE1D1F5C07C3A9A3A18CCBED3" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_CC9BD268EAB12B683EC59A3A18D273CB_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_CC9BD268EAB12B683EC59A3A18D273CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] </link:label>

<link:label id="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_CC9BD268EAB12B683EC59A3A18D273CB_label_en-US" xlink:label="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_CC9BD268EAB12B683EC59A3A18D273CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:label="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_CC9BD268EAB12B683EC59A3A18D273CB" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_CC9BD268EAB12B683EC59A3A18D273CB" xlink:to="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_CC9BD268EAB12B683EC59A3A18D273CB" xlink:type="arc"/>

<link:label id="lab_us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_F13EF4612FD73B59459D9A3A18D21AFF_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_F13EF4612FD73B59459D9A3A18D21AFF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financial Assets: </link:label>

<link:label id="lab_us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_F13EF4612FD73B59459D9A3A18D21AFF_label_en-US" xlink:label="lab_us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_F13EF4612FD73B59459D9A3A18D21AFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract" xlink:label="loc_us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_F13EF4612FD73B59459D9A3A18D21AFF" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_F13EF4612FD73B59459D9A3A18D21AFF" xlink:to="lab_us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_F13EF4612FD73B59459D9A3A18D21AFF" xlink:type="arc"/>

<link:label id="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_6874F241C1E7D6C7899A9A3A18D34693_terseLabel_en-US" xlink:label="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_6874F241C1E7D6C7899A9A3A18D34693" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net loans (excluding leases) </link:label>

<link:label id="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_6874F241C1E7D6C7899A9A3A18D34693_label_en-US" xlink:label="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_6874F241C1E7D6C7899A9A3A18D34693" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans Held-for-sale, Fair Value Disclosure </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansHeldForSaleFairValueDisclosure" xlink:label="loc_us-gaap_LoansHeldForSaleFairValueDisclosure_6874F241C1E7D6C7899A9A3A18D34693" xlink:type="locator"/>

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<link:label id="lab_us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_543DF235CBE46B2DA64E9A3A18D30562_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_543DF235CBE46B2DA64E9A3A18D30562" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financial Liabilities: </link:label>

<link:label id="lab_us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_543DF235CBE46B2DA64E9A3A18D30562_label_en-US" xlink:label="lab_us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_543DF235CBE46B2DA64E9A3A18D30562" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract" xlink:label="loc_us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_543DF235CBE46B2DA64E9A3A18D30562" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_543DF235CBE46B2DA64E9A3A18D30562" xlink:to="lab_us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_543DF235CBE46B2DA64E9A3A18D30562" xlink:type="arc"/>

<link:label id="lab_us-gaap_LongTermDebtFairValue_2556DBCD09EF70D42CC69A3A18D3C219_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_2556DBCD09EF70D42CC69A3A18D3C219" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term debt </link:label>

<link:label id="lab_us-gaap_LongTermDebtFairValue_2556DBCD09EF70D42CC69A3A18D3C219_label_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_2556DBCD09EF70D42CC69A3A18D3C219" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Fair Value </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="loc_us-gaap_LongTermDebtFairValue_2556DBCD09EF70D42CC69A3A18D3C219" xlink:type="locator"/>

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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax_0D76E078E443B17C072C7AD63B0320DB_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax_0D76E078E443B17C072C7AD63B0320DB" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Amortization of actuarial losses, net of related taxes </link:label>

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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax_68BE9DC90A832C01F4AA7AD63B04DF92_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax_68BE9DC90A832C01F4AA7AD63B04DF92" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net realized gains from sales of available-for-sale securities, taxes </link:label>

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<link:label id="lab_us-gaap_MaterialReconcilingItemsMember_EA3294F0D0F99660A51A454BA16B04BB_terseLabel_en-US" xlink:label="lab_us-gaap_MaterialReconcilingItemsMember_EA3294F0D0F99660A51A454BA16B04BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>

<link:label id="lab_us-gaap_MaterialReconcilingItemsMember_EA3294F0D0F99660A51A454BA16B04BB_label_en-US" xlink:label="lab_us-gaap_MaterialReconcilingItemsMember_EA3294F0D0F99660A51A454BA16B04BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segment Reconciling Items [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaterialReconcilingItemsMember" xlink:label="loc_us-gaap_MaterialReconcilingItemsMember_EA3294F0D0F99660A51A454BA16B04BB" xlink:type="locator"/>

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<link:label id="lab_stt_TradingServicesRevenue_96F3EE7527F7D3B9E6AF454BA16C651C_terseLabel_en-US" xlink:label="lab_stt_TradingServicesRevenue_96F3EE7527F7D3B9E6AF454BA16C651C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading services </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_TradingServicesRevenue" xlink:label="loc_stt_TradingServicesRevenue_96F3EE7527F7D3B9E6AF454BA16C651C" xlink:type="locator"/>

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<link:label id="lab_us-gaap_InterestIncomeExpenseNet_99C49AB01B576FC9137B454BA16C40AD_verboseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseNet_99C49AB01B576FC9137B454BA16C40AD" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Net interest income </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestIncomeExpenseNet" xlink:label="loc_us-gaap_InterestIncomeExpenseNet_99C49AB01B576FC9137B454BA16C40AD" xlink:type="locator"/>

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<link:label id="lab_us-gaap_MarketableSecuritiesGainLoss_134AAB0A683D0CD32C88454BA16CA672_netLabel_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesGainLoss_134AAB0A683D0CD32C88454BA16CA672" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US"> Gains (losses) related to investment securities, net </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MarketableSecuritiesGainLoss" xlink:label="loc_us-gaap_MarketableSecuritiesGainLoss_134AAB0A683D0CD32C88454BA16CA672" xlink:type="locator"/>

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<link:label id="lab_us-gaap_NoninterestExpense_067E91A39066DE80C4A1454BA16C7D23_terseLabel_en-US" xlink:label="lab_us-gaap_NoninterestExpense_067E91A39066DE80C4A1454BA16C7D23" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total expenses </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoninterestExpense" xlink:label="loc_us-gaap_NoninterestExpense_067E91A39066DE80C4A1454BA16C7D23" xlink:type="locator"/>

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<link:label id="lab_stt_PreTaxMargin_48E5FE0130FB7ED89795454BA16D7642_terseLabel_en-US" xlink:label="lab_stt_PreTaxMargin_48E5FE0130FB7ED89795454BA16D7642" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pre-tax margin </link:label>

<link:label id="lab_stt_PreTaxMargin_48E5FE0130FB7ED89795454BA16D7642_label_en-US" xlink:label="lab_stt_PreTaxMargin_48E5FE0130FB7ED89795454BA16D7642" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pre-Tax Margin </link:label>

<link:label id="lab_stt_PreTaxMargin_48E5FE0130FB7ED89795454BA16D7642_documentation_en-US" xlink:label="lab_stt_PreTaxMargin_48E5FE0130FB7ED89795454BA16D7642" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Pre-tax margin </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_PreTaxMargin" xlink:label="loc_stt_PreTaxMargin_48E5FE0130FB7ED89795454BA16D7642" xlink:type="locator"/>

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<link:label id="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_6EB44D50750158F0986E454BA255FD60_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_6EB44D50750158F0986E454BA255FD60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock awards and options exercised, related taxes </link:label>

<link:label id="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_6EB44D50750158F0986E454BA255FD60_label_en-US" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_6EB44D50750158F0986E454BA255FD60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation" xlink:label="loc_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_6EB44D50750158F0986E454BA255FD60" xlink:type="locator"/>

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<link:label id="lab_us-gaap_InterestIncomeDepositsWithFinancialInstitutions_3F369E3BC4914D2F2ACE5830A6311145_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeDepositsWithFinancialInstitutions_3F369E3BC4914D2F2ACE5830A6311145" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deposits with banks </link:label>

<link:label id="lab_us-gaap_InterestIncomeDepositsWithFinancialInstitutions_3F369E3BC4914D2F2ACE5830A6311145_label_en-US" xlink:label="lab_us-gaap_InterestIncomeDepositsWithFinancialInstitutions_3F369E3BC4914D2F2ACE5830A6311145" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income, Deposits with Financial Institutions </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestIncomeDepositsWithFinancialInstitutions" xlink:label="loc_us-gaap_InterestIncomeDepositsWithFinancialInstitutions_3F369E3BC4914D2F2ACE5830A6311145" xlink:type="locator"/>

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<link:label id="lab_us-gaap_InterestIncomeSecuritiesUSTreasuryAndOtherUSGovernment_9BCE514E07DB124DF4565830A632530B_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeSecuritiesUSTreasuryAndOtherUSGovernment_9BCE514E07DB124DF4565830A632530B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> U.S. Treasury and federal agencies </link:label>

<link:label id="lab_us-gaap_InterestIncomeSecuritiesUSTreasuryAndOtherUSGovernment_9BCE514E07DB124DF4565830A632530B_label_en-US" xlink:label="lab_us-gaap_InterestIncomeSecuritiesUSTreasuryAndOtherUSGovernment_9BCE514E07DB124DF4565830A632530B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income, Securities, US Treasury and Other US Government </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestIncomeSecuritiesUSTreasuryAndOtherUSGovernment" xlink:label="loc_us-gaap_InterestIncomeSecuritiesUSTreasuryAndOtherUSGovernment_9BCE514E07DB124DF4565830A632530B" xlink:type="locator"/>

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<link:label id="lab_us-gaap_InterestIncomeSecuritiesStateAndMunicipal_6BFCAEF2FEB6EA2C46485830A63280BB_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeSecuritiesStateAndMunicipal_6BFCAEF2FEB6EA2C46485830A63280BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> State and political subdivisions </link:label>

<link:label id="lab_us-gaap_InterestIncomeSecuritiesStateAndMunicipal_6BFCAEF2FEB6EA2C46485830A63280BB_label_en-US" xlink:label="lab_us-gaap_InterestIncomeSecuritiesStateAndMunicipal_6BFCAEF2FEB6EA2C46485830A63280BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income, Securities, State and Municipal </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestIncomeSecuritiesStateAndMunicipal" xlink:label="loc_us-gaap_InterestIncomeSecuritiesStateAndMunicipal_6BFCAEF2FEB6EA2C46485830A63280BB" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestIncomeSecuritiesStateAndMunicipal_6BFCAEF2FEB6EA2C46485830A63280BB" xlink:to="lab_us-gaap_InterestIncomeSecuritiesStateAndMunicipal_6BFCAEF2FEB6EA2C46485830A63280BB" xlink:type="arc"/>

<link:label id="lab_stt_InterestIncomeFromOtherInvestments_A17EC66A91326AA265F45830A632BA87_terseLabel_en-US" xlink:label="lab_stt_InterestIncomeFromOtherInvestments_A17EC66A91326AA265F45830A632BA87" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other investments </link:label>

<link:label id="lab_stt_InterestIncomeFromOtherInvestments_A17EC66A91326AA265F45830A632BA87_label_en-US" xlink:label="lab_stt_InterestIncomeFromOtherInvestments_A17EC66A91326AA265F45830A632BA87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income From Other Investments </link:label>

<link:label id="lab_stt_InterestIncomeFromOtherInvestments_A17EC66A91326AA265F45830A632BA87_documentation_en-US" xlink:label="lab_stt_InterestIncomeFromOtherInvestments_A17EC66A91326AA265F45830A632BA87" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other investments. </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_InterestIncomeFromOtherInvestments" xlink:label="loc_stt_InterestIncomeFromOtherInvestments_A17EC66A91326AA265F45830A632BA87" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_InterestIncomeFromOtherInvestments_A17EC66A91326AA265F45830A632BA87" xlink:to="lab_stt_InterestIncomeFromOtherInvestments_A17EC66A91326AA265F45830A632BA87" xlink:type="arc"/>

<link:label id="lab_us-gaap_InterestIncomeSecuritiesPurchasedUnderAgreementsToResell_E6F39746D0AD239119BF5830A63290CB_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeSecuritiesPurchasedUnderAgreementsToResell_E6F39746D0AD239119BF5830A63290CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities purchased under resale agreements </link:label>

<link:label id="lab_us-gaap_InterestIncomeSecuritiesPurchasedUnderAgreementsToResell_E6F39746D0AD239119BF5830A63290CB_label_en-US" xlink:label="lab_us-gaap_InterestIncomeSecuritiesPurchasedUnderAgreementsToResell_E6F39746D0AD239119BF5830A63290CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income, Securities Purchased under Agreements to Resell </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestIncomeSecuritiesPurchasedUnderAgreementsToResell" xlink:label="loc_us-gaap_InterestIncomeSecuritiesPurchasedUnderAgreementsToResell_E6F39746D0AD239119BF5830A63290CB" xlink:type="locator"/>

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<link:label id="lab_us-gaap_InterestAndFeeIncomeLoansAndLeases_CAC5E0650CC99E493E1C5830A632F972_terseLabel_en-US" xlink:label="lab_us-gaap_InterestAndFeeIncomeLoansAndLeases_CAC5E0650CC99E493E1C5830A632F972" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans and leases </link:label>

<link:label id="lab_us-gaap_InterestAndFeeIncomeLoansAndLeases_CAC5E0650CC99E493E1C5830A632F972_label_en-US" xlink:label="lab_us-gaap_InterestAndFeeIncomeLoansAndLeases_CAC5E0650CC99E493E1C5830A632F972" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest and Fee Income, Loans and Leases </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestAndFeeIncomeLoansAndLeases" xlink:label="loc_us-gaap_InterestAndFeeIncomeLoansAndLeases_CAC5E0650CC99E493E1C5830A632F972" xlink:type="locator"/>

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<link:label id="lab_stt_InterestEarningAssetsOther_B840DF867B1F218EA6035830A632BEAE_terseLabel_en-US" xlink:label="lab_stt_InterestEarningAssetsOther_B840DF867B1F218EA6035830A632BEAE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other interest-earning assets </link:label>

<link:label id="lab_stt_InterestEarningAssetsOther_B840DF867B1F218EA6035830A632BEAE_label_en-US" xlink:label="lab_stt_InterestEarningAssetsOther_B840DF867B1F218EA6035830A632BEAE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest-Earning Assets, Other </link:label>

<link:label id="lab_stt_InterestEarningAssetsOther_B840DF867B1F218EA6035830A632BEAE_documentation_en-US" xlink:label="lab_stt_InterestEarningAssetsOther_B840DF867B1F218EA6035830A632BEAE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other interest-earning assets </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_InterestEarningAssetsOther" xlink:label="loc_stt_InterestEarningAssetsOther_B840DF867B1F218EA6035830A632BEAE" xlink:type="locator"/>

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<link:label id="lab_us-gaap_InterestIncomeOperating_933A05729D805E99ACED5830A632F5EF_totalLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeOperating_933A05729D805E99ACED5830A632F5EF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total interest income </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestIncomeOperating" xlink:label="loc_us-gaap_InterestIncomeOperating_933A05729D805E99ACED5830A632F5EF" xlink:type="locator"/>

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<link:label id="lab_us-gaap_InterestExpenseDeposits_0A99107F7F5A6CFBC5FE5830A632F35D_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseDeposits_0A99107F7F5A6CFBC5FE5830A632F35D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deposits </link:label>

<link:label id="lab_us-gaap_InterestExpenseDeposits_0A99107F7F5A6CFBC5FE5830A632F35D_label_en-US" xlink:label="lab_us-gaap_InterestExpenseDeposits_0A99107F7F5A6CFBC5FE5830A632F35D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense, Deposits </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpenseDeposits" xlink:label="loc_us-gaap_InterestExpenseDeposits_0A99107F7F5A6CFBC5FE5830A632F35D" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseDeposits_0A99107F7F5A6CFBC5FE5830A632F35D" xlink:to="lab_us-gaap_InterestExpenseDeposits_0A99107F7F5A6CFBC5FE5830A632F35D" xlink:type="arc"/>

<link:label id="lab_us-gaap_InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase_6B922371E7EA0D2A29C2583DBB0510CE_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase_6B922371E7EA0D2A29C2583DBB0510CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities sold under repurchase agreements </link:label>

<link:label id="lab_us-gaap_InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase_6B922371E7EA0D2A29C2583DBB0510CE_label_en-US" xlink:label="lab_us-gaap_InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase_6B922371E7EA0D2A29C2583DBB0510CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense, Securities Sold under Agreements to Repurchase </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase" xlink:label="loc_us-gaap_InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase_6B922371E7EA0D2A29C2583DBB0510CE" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase_6B922371E7EA0D2A29C2583DBB0510CE" xlink:to="lab_us-gaap_InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase_6B922371E7EA0D2A29C2583DBB0510CE" xlink:type="arc"/>

<link:label id="lab_us-gaap_InterestExpenseShortTermBorrowings_D81ED352E4F6899A55225830A632C352_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseShortTermBorrowings_D81ED352E4F6899A55225830A632C352" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Short-term borrowings </link:label>

<link:label id="lab_us-gaap_InterestExpenseShortTermBorrowings_D81ED352E4F6899A55225830A632C352_label_en-US" xlink:label="lab_us-gaap_InterestExpenseShortTermBorrowings_D81ED352E4F6899A55225830A632C352" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense, Short-term Borrowings </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpenseShortTermBorrowings" xlink:label="loc_us-gaap_InterestExpenseShortTermBorrowings_D81ED352E4F6899A55225830A632C352" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseShortTermBorrowings_D81ED352E4F6899A55225830A632C352" xlink:to="lab_us-gaap_InterestExpenseShortTermBorrowings_D81ED352E4F6899A55225830A632C352" xlink:type="arc"/>

<link:label id="lab_us-gaap_InterestExpenseLongTermDebt_E8D38C195EBD0EE404325830A632514F_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseLongTermDebt_E8D38C195EBD0EE404325830A632514F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term debt </link:label>

<link:label id="lab_us-gaap_InterestExpenseLongTermDebt_E8D38C195EBD0EE404325830A632514F_label_en-US" xlink:label="lab_us-gaap_InterestExpenseLongTermDebt_E8D38C195EBD0EE404325830A632514F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense, Long-term Debt </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpenseLongTermDebt" xlink:label="loc_us-gaap_InterestExpenseLongTermDebt_E8D38C195EBD0EE404325830A632514F" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseLongTermDebt_E8D38C195EBD0EE404325830A632514F" xlink:to="lab_us-gaap_InterestExpenseLongTermDebt_E8D38C195EBD0EE404325830A632514F" xlink:type="arc"/>

<link:label id="lab_stt_OtherInterestEarningLiabilities_A6F7DCFCACBA9ABC8E265830A633C26C_terseLabel_en-US" xlink:label="lab_stt_OtherInterestEarningLiabilities_A6F7DCFCACBA9ABC8E265830A633C26C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other interest-bearing liabilities </link:label>

<link:label id="lab_stt_OtherInterestEarningLiabilities_A6F7DCFCACBA9ABC8E265830A633C26C_label_en-US" xlink:label="lab_stt_OtherInterestEarningLiabilities_A6F7DCFCACBA9ABC8E265830A633C26C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other interest-earning liabilities </link:label>

<link:label id="lab_stt_OtherInterestEarningLiabilities_A6F7DCFCACBA9ABC8E265830A633C26C_documentation_en-US" xlink:label="lab_stt_OtherInterestEarningLiabilities_A6F7DCFCACBA9ABC8E265830A633C26C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other interest-earning liabilities </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_OtherInterestEarningLiabilities" xlink:label="loc_stt_OtherInterestEarningLiabilities_A6F7DCFCACBA9ABC8E265830A633C26C" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_OtherInterestEarningLiabilities_A6F7DCFCACBA9ABC8E265830A633C26C" xlink:to="lab_stt_OtherInterestEarningLiabilities_A6F7DCFCACBA9ABC8E265830A633C26C" xlink:type="arc"/>

<link:label id="lab_us-gaap_InterestExpense_CA33883ED2BCCA2FCED15830A633AC15_totalLabel_en-US" xlink:label="lab_us-gaap_InterestExpense_CA33883ED2BCCA2FCED15830A633AC15" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total interest expense </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_CA33883ED2BCCA2FCED15830A633AC15" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpense_CA33883ED2BCCA2FCED15830A633AC15" xlink:to="lab_us-gaap_InterestExpense_CA33883ED2BCCA2FCED15830A633AC15" xlink:type="arc"/>

<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_23862D800A9F1CE10AD17AD63EE0EB12_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_23862D800A9F1CE10AD17AD63EE0EB12" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other comprehensive income (loss), net of related taxes: </link:label>

<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_23862D800A9F1CE10AD17AD63EE0EB12_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_23862D800A9F1CE10AD17AD63EE0EB12" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Net of Tax [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_23862D800A9F1CE10AD17AD63EE0EB12" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_23862D800A9F1CE10AD17AD63EE0EB12" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_23862D800A9F1CE10AD17AD63EE0EB12" xlink:type="arc"/>

<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_ED9748189CE648B763CB7AD63EE0CCE4_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_ED9748189CE648B763CB7AD63EE0CCE4" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Foreign currency translation, net of related taxes of ($110) and ($19), respectively </link:label>

<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_ED9748189CE648B763CB7AD63EE0CCE4_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_ED9748189CE648B763CB7AD63EE0CCE4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_ED9748189CE648B763CB7AD63EE0CCE4" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_ED9748189CE648B763CB7AD63EE0CCE4" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_ED9748189CE648B763CB7AD63EE0CCE4" xlink:type="arc"/>

<link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_458B707621263044ED977AD63EE06D12_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_458B707621263044ED977AD63EE06D12" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net unrealized gains (losses) on available-for-sale securities, net of reclassification adjustment and net of related taxes of $177 and $187, respectively </link:label>

<link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_458B707621263044ED977AD63EE06D12_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_458B707621263044ED977AD63EE06D12" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_458B707621263044ED977AD63EE06D12" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_458B707621263044ED977AD63EE06D12" xlink:to="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_458B707621263044ED977AD63EE06D12" xlink:type="arc"/>

<link:label id="lab_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesNetOfRelatedTaxes_44B2AE45F9A28EC908D27AD63EE0DF21_negatedTerseLabel_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesNetOfRelatedTaxes_44B2AE45F9A28EC908D27AD63EE0DF21" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Net unrealized gains (losses) on available-for-sale securities designated in fair value hedges, net of related taxes of zero and ($3), respectively </link:label>

<link:label id="lab_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesNetOfRelatedTaxes_44B2AE45F9A28EC908D27AD63EE0DF21_label_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesNetOfRelatedTaxes_44B2AE45F9A28EC908D27AD63EE0DF21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Change in Unrealized Gain Loss on AFS Securities Designated as Fair Value Hedges, Net of Related Taxes </link:label>

<link:label id="lab_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesNetOfRelatedTaxes_44B2AE45F9A28EC908D27AD63EE0DF21_documentation_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesNetOfRelatedTaxes_44B2AE45F9A28EC908D27AD63EE0DF21" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Change in Unrealized Gain Loss on AFS Securities Designated as Fair Value Hedges, Net of Related Taxes </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesNetOfRelatedTaxes" xlink:label="loc_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesNetOfRelatedTaxes_44B2AE45F9A28EC908D27AD63EE0DF21" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesNetOfRelatedTaxes_44B2AE45F9A28EC908D27AD63EE0DF21" xlink:to="lab_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesNetOfRelatedTaxes_44B2AE45F9A28EC908D27AD63EE0DF21" xlink:type="arc"/>

<link:label id="lab_stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditNetOfTaxes_93B661BD2F35BC3DC5E87AD63EE08C53_terseLabel_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditNetOfTaxes_93B661BD2F35BC3DC5E87AD63EE08C53" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other-than-temporary impairment on held-to-maturity securities related to factors other than credit, net of related taxes of zero and $1, respectively </link:label>

<link:label id="lab_stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditNetOfTaxes_93B661BD2F35BC3DC5E87AD63EE08C53_label_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditNetOfTaxes_93B661BD2F35BC3DC5E87AD63EE08C53" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Expected Losses From OTTI on HTM Securities Not From Credit, Net of Taxes </link:label>

<link:label id="lab_stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditNetOfTaxes_93B661BD2F35BC3DC5E87AD63EE08C53_documentation_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditNetOfTaxes_93B661BD2F35BC3DC5E87AD63EE08C53" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Expected Losses From OTTI on HTM Securities Not From Credit, Net of Taxes </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditNetOfTaxes" xlink:label="loc_stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditNetOfTaxes_93B661BD2F35BC3DC5E87AD63EE08C53" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditNetOfTaxes_93B661BD2F35BC3DC5E87AD63EE08C53" xlink:to="lab_stt_OtherComprehensiveIncomeLossExpectedLossesFromOttiOnHtmSecuritiesNotFromCreditNetOfTaxes_93B661BD2F35BC3DC5E87AD63EE08C53" xlink:type="arc"/>

<link:label id="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesNetOfRelatedTaxes_CF642D61A9CC6F60F3F97AD63EE0E6DB_terseLabel_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesNetOfRelatedTaxes_CF642D61A9CC6F60F3F97AD63EE0E6DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net unrealized gains (losses) on cash flow hedges, net of related taxes of ($113) and ($72), respectively </link:label>

<link:label id="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesNetOfRelatedTaxes_CF642D61A9CC6F60F3F97AD63EE0E6DB_label_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesNetOfRelatedTaxes_CF642D61A9CC6F60F3F97AD63EE0E6DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Change in Net Unrealized Gains Losses on Cash Flow Hedges, Net of Related Taxes </link:label>

<link:label id="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesNetOfRelatedTaxes_CF642D61A9CC6F60F3F97AD63EE0E6DB_documentation_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesNetOfRelatedTaxes_CF642D61A9CC6F60F3F97AD63EE0E6DB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Change in Net Unrealized Gains Losses on Cash Flow Hedges, Net of Related Taxes </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesNetOfRelatedTaxes" xlink:label="loc_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesNetOfRelatedTaxes_CF642D61A9CC6F60F3F97AD63EE0E6DB" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesNetOfRelatedTaxes_CF642D61A9CC6F60F3F97AD63EE0E6DB" xlink:to="lab_stt_OtherComprehensiveIncomeLossChangeInNetUnrealizedGainsLossesOnCashFlowHedgesNetOfRelatedTaxes_CF642D61A9CC6F60F3F97AD63EE0E6DB" xlink:type="arc"/>

<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_2180CE257FECD1E57BE47AD63EE0C5F8_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_2180CE257FECD1E57BE47AD63EE0C5F8" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Net unrealized gains (losses) on retirement plans, net of related taxes of ($1) and $1, respectively </link:label>

<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_2180CE257FECD1E57BE47AD63EE0C5F8_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_2180CE257FECD1E57BE47AD63EE0C5F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_2180CE257FECD1E57BE47AD63EE0C5F8" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_2180CE257FECD1E57BE47AD63EE0C5F8" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_2180CE257FECD1E57BE47AD63EE0C5F8" xlink:type="arc"/>

<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_2F78242C236990EE4ADF7AD63EE0A1FA_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_2F78242C236990EE4ADF7AD63EE0A1FA" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Other comprehensive income (loss) </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_2F78242C236990EE4ADF7AD63EE0A1FA" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_2F78242C236990EE4ADF7AD63EE0A1FA" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_2F78242C236990EE4ADF7AD63EE0A1FA" xlink:type="arc"/>

<link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_1009F4FA7E6FDD9F26127AD63EE0EA0B_totalLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_1009F4FA7E6FDD9F26127AD63EE0EA0B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total comprehensive income </link:label>

<link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_1009F4FA7E6FDD9F26127AD63EE0EA0B_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_1009F4FA7E6FDD9F26127AD63EE0EA0B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Comprehensive Income (Loss), Net of Tax, Attributable to Parent </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_1009F4FA7E6FDD9F26127AD63EE0EA0B" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_1009F4FA7E6FDD9F26127AD63EE0EA0B" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTax_1009F4FA7E6FDD9F26127AD63EE0EA0B" xlink:type="arc"/>

<link:label id="lab_us-gaap_CashFlowHedgingMember_91687F1542728466BF887A9008EF388F_terseLabel_en-US" xlink:label="lab_us-gaap_CashFlowHedgingMember_91687F1542728466BF887A9008EF388F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash Flow Hedges </link:label>

<link:label id="lab_us-gaap_CashFlowHedgingMember_91687F1542728466BF887A9008EF388F_label_en-US" xlink:label="lab_us-gaap_CashFlowHedgingMember_91687F1542728466BF887A9008EF388F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Flow Hedging [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashFlowHedgingMember" xlink:label="loc_us-gaap_CashFlowHedgingMember_91687F1542728466BF887A9008EF388F" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashFlowHedgingMember_91687F1542728466BF887A9008EF388F" xlink:to="lab_us-gaap_CashFlowHedgingMember_91687F1542728466BF887A9008EF388F" xlink:type="arc"/>

<link:label id="lab_us-gaap_AvailableforsaleSecuritiesMember_7DDB43C51277352F42477A9008F0C9CB_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesMember_7DDB43C51277352F42477A9008F0C9CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment securities available-for-sale </link:label>

<link:label id="lab_us-gaap_AvailableforsaleSecuritiesMember_7DDB43C51277352F42477A9008F0C9CB_label_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesMember_7DDB43C51277352F42477A9008F0C9CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableforsaleSecuritiesMember" xlink:label="loc_us-gaap_AvailableforsaleSecuritiesMember_7DDB43C51277352F42477A9008F0C9CB" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableforsaleSecuritiesMember_7DDB43C51277352F42477A9008F0C9CB" xlink:to="lab_us-gaap_AvailableforsaleSecuritiesMember_7DDB43C51277352F42477A9008F0C9CB" xlink:type="arc"/>

<link:label id="lab_stt_LIBORIndexedFloatingRateLoansMember_9FD28E5AB9EA9C5919B37A9008F00921_verboseLabel_en-US" xlink:label="lab_stt_LIBORIndexedFloatingRateLoansMember_9FD28E5AB9EA9C5919B37A9008F00921" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Floating-rate loans </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_LIBORIndexedFloatingRateLoansMember" xlink:label="loc_stt_LIBORIndexedFloatingRateLoansMember_9FD28E5AB9EA9C5919B37A9008F00921" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_LIBORIndexedFloatingRateLoansMember_9FD28E5AB9EA9C5919B37A9008F00921" xlink:to="lab_stt_LIBORIndexedFloatingRateLoansMember_9FD28E5AB9EA9C5919B37A9008F00921" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeAssetNotionalAmount_311727D29F33A2CED7C47A9008F076A7_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetNotionalAmount_311727D29F33A2CED7C47A9008F076A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment securities available-for-sale </link:label>

<link:label id="lab_us-gaap_DerivativeAssetNotionalAmount_311727D29F33A2CED7C47A9008F076A7_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetNotionalAmount_311727D29F33A2CED7C47A9008F076A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Notional Amount </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetNotionalAmount" xlink:label="loc_us-gaap_DerivativeAssetNotionalAmount_311727D29F33A2CED7C47A9008F076A7" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetNotionalAmount_311727D29F33A2CED7C47A9008F076A7" xlink:to="lab_us-gaap_DerivativeAssetNotionalAmount_311727D29F33A2CED7C47A9008F076A7" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeLiabilityNotionalAmount_BE03AA071FA0FD9A39557A9008F074FA_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityNotionalAmount_BE03AA071FA0FD9A39557A9008F074FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term debt </link:label>

<link:label id="lab_us-gaap_DerivativeLiabilityNotionalAmount_BE03AA071FA0FD9A39557A9008F074FA_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityNotionalAmount_BE03AA071FA0FD9A39557A9008F074FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Notional Amount </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilityNotionalAmount" xlink:label="loc_us-gaap_DerivativeLiabilityNotionalAmount_BE03AA071FA0FD9A39557A9008F074FA" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilityNotionalAmount_BE03AA071FA0FD9A39557A9008F074FA" xlink:to="lab_us-gaap_DerivativeLiabilityNotionalAmount_BE03AA071FA0FD9A39557A9008F074FA" xlink:type="arc"/>

<link:label id="lab_invest_DerivativeNotionalAmount_88D508ED700DF94621787A9008F54562_totalLabel_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_88D508ED700DF94621787A9008F54562" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total </link:label>

<link:loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="loc_invest_DerivativeNotionalAmount_88D508ED700DF94621787A9008F54562" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_DerivativeNotionalAmount_88D508ED700DF94621787A9008F54562" xlink:to="lab_invest_DerivativeNotionalAmount_88D508ED700DF94621787A9008F54562" xlink:type="arc"/>

<link:label id="lab_stt_IncreaseDecreaseInCarryingValueOfLongTermDebt_D3BBA318E8006DA7B40C7A9008F52F87_verboseLabel_en-US" xlink:label="lab_stt_IncreaseDecreaseInCarryingValueOfLongTermDebt_D3BBA318E8006DA7B40C7A9008F52F87" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Increase in carrying value of long-term debt </link:label>

<link:label id="lab_stt_IncreaseDecreaseInCarryingValueOfLongTermDebt_D3BBA318E8006DA7B40C7A9008F52F87_label_en-US" xlink:label="lab_stt_IncreaseDecreaseInCarryingValueOfLongTermDebt_D3BBA318E8006DA7B40C7A9008F52F87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) In Carrying Value Of Long Term Debt </link:label>

<link:label id="lab_stt_IncreaseDecreaseInCarryingValueOfLongTermDebt_D3BBA318E8006DA7B40C7A9008F52F87_documentation_en-US" xlink:label="lab_stt_IncreaseDecreaseInCarryingValueOfLongTermDebt_D3BBA318E8006DA7B40C7A9008F52F87" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) In Carrying Value Of Long Term Debt </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_IncreaseDecreaseInCarryingValueOfLongTermDebt" xlink:label="loc_stt_IncreaseDecreaseInCarryingValueOfLongTermDebt_D3BBA318E8006DA7B40C7A9008F52F87" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_IncreaseDecreaseInCarryingValueOfLongTermDebt_D3BBA318E8006DA7B40C7A9008F52F87" xlink:to="lab_stt_IncreaseDecreaseInCarryingValueOfLongTermDebt_D3BBA318E8006DA7B40C7A9008F52F87" xlink:type="arc"/>

<link:label id="lab_stt_ScheduleOfInterestRevenueInterestExpensesTableTextBlock_9CE1B30F3C266B9A6B56454BA0B315F8_terseLabel_en-US" xlink:label="lab_stt_ScheduleOfInterestRevenueInterestExpensesTableTextBlock_9CE1B30F3C266B9A6B56454BA0B315F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Components of Interest Revenue and Interest Expense </link:label>

<link:label id="lab_stt_ScheduleOfInterestRevenueInterestExpensesTableTextBlock_9CE1B30F3C266B9A6B56454BA0B315F8_label_en-US" xlink:label="lab_stt_ScheduleOfInterestRevenueInterestExpensesTableTextBlock_9CE1B30F3C266B9A6B56454BA0B315F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule Of Interest Revenue Interest Expenses [Table Text Block] </link:label>

<link:label id="lab_stt_ScheduleOfInterestRevenueInterestExpensesTableTextBlock_9CE1B30F3C266B9A6B56454BA0B315F8_documentation_en-US" xlink:label="lab_stt_ScheduleOfInterestRevenueInterestExpensesTableTextBlock_9CE1B30F3C266B9A6B56454BA0B315F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Components Of Interest Revenue & Interest Expenses. </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_ScheduleOfInterestRevenueInterestExpensesTableTextBlock" xlink:label="loc_stt_ScheduleOfInterestRevenueInterestExpensesTableTextBlock_9CE1B30F3C266B9A6B56454BA0B315F8" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_ScheduleOfInterestRevenueInterestExpensesTableTextBlock_9CE1B30F3C266B9A6B56454BA0B315F8" xlink:to="lab_stt_ScheduleOfInterestRevenueInterestExpensesTableTextBlock_9CE1B30F3C266B9A6B56454BA0B315F8" xlink:type="arc"/>

<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentLineItems_5D65C4907D2EFE34525B7A900A82E008_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentLineItems_5D65C4907D2EFE34525B7A900A82E008" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment [Line Items] </link:label>

<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentLineItems_5D65C4907D2EFE34525B7A900A82E008_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentLineItems_5D65C4907D2EFE34525B7A900A82E008" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment [Line Items] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentLineItems" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestmentLineItems_5D65C4907D2EFE34525B7A900A82E008" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableRecordedInvestmentLineItems_5D65C4907D2EFE34525B7A900A82E008" xlink:to="lab_us-gaap_FinancingReceivableRecordedInvestmentLineItems_5D65C4907D2EFE34525B7A900A82E008" xlink:type="arc"/>

<link:label id="lab_us-gaap_LoansPledgedAsCollateral_785C9B8E25FE580B692B7A900A8202C5_terseLabel_en-US" xlink:label="lab_us-gaap_LoansPledgedAsCollateral_785C9B8E25FE580B692B7A900A8202C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans and leases pledged as collateral </link:label>

<link:label id="lab_us-gaap_LoansPledgedAsCollateral_785C9B8E25FE580B692B7A900A8202C5_label_en-US" xlink:label="lab_us-gaap_LoansPledgedAsCollateral_785C9B8E25FE580B692B7A900A8202C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans Pledged as Collateral </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansPledgedAsCollateral" xlink:label="loc_us-gaap_LoansPledgedAsCollateral_785C9B8E25FE580B692B7A900A8202C5" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansPledgedAsCollateral_785C9B8E25FE580B692B7A900A8202C5" xlink:to="lab_us-gaap_LoansPledgedAsCollateral_785C9B8E25FE580B692B7A900A8202C5" xlink:type="arc"/>

<link:label id="lab_stt_ImpairedFinancingReceivablesNumberofContracts_4049ADEE87748D2B823E7AA99F939564_terseLabel_en-US" xlink:label="lab_stt_ImpairedFinancingReceivablesNumberofContracts_4049ADEE87748D2B823E7AA99F939564" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of impaired loans and leases </link:label>

<link:label id="lab_stt_ImpairedFinancingReceivablesNumberofContracts_4049ADEE87748D2B823E7AA99F939564_label_en-US" xlink:label="lab_stt_ImpairedFinancingReceivablesNumberofContracts_4049ADEE87748D2B823E7AA99F939564" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivables, Number of Contracts </link:label>

<link:label id="lab_stt_ImpairedFinancingReceivablesNumberofContracts_4049ADEE87748D2B823E7AA99F939564_documentation_en-US" xlink:label="lab_stt_ImpairedFinancingReceivablesNumberofContracts_4049ADEE87748D2B823E7AA99F939564" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivables, Number of Contracts </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_ImpairedFinancingReceivablesNumberofContracts" xlink:label="loc_stt_ImpairedFinancingReceivablesNumberofContracts_4049ADEE87748D2B823E7AA99F939564" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_ImpairedFinancingReceivablesNumberofContracts_4049ADEE87748D2B823E7AA99F939564" xlink:to="lab_stt_ImpairedFinancingReceivablesNumberofContracts_4049ADEE87748D2B823E7AA99F939564" xlink:type="arc"/>

<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_03B083CC7AA405BEACE77AA99F9EEEBA_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_03B083CC7AA405BEACE77AA99F9EEEBA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Recorded Investment </link:label>

<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_03B083CC7AA405BEACE77AA99F9EEEBA_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_03B083CC7AA405BEACE77AA99F9EEEBA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, with Related Allowance, Recorded Investment </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_03B083CC7AA405BEACE77AA99F9EEEBA" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_03B083CC7AA405BEACE77AA99F9EEEBA" xlink:to="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_03B083CC7AA405BEACE77AA99F9EEEBA" xlink:type="arc"/>

<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_CF8D5A4E09BEE9239A2B7AACD85057CD_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_CF8D5A4E09BEE9239A2B7AACD85057CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unpaid Principal Balance </link:label>

<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_CF8D5A4E09BEE9239A2B7AACD85057CD_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_CF8D5A4E09BEE9239A2B7AACD85057CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_CF8D5A4E09BEE9239A2B7AACD85057CD" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_CF8D5A4E09BEE9239A2B7AACD85057CD" xlink:to="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_CF8D5A4E09BEE9239A2B7AACD85057CD" xlink:type="arc"/>

<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_21CED6CB93DAAA1E36797AA99FA91D2C_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_21CED6CB93DAAA1E36797AA99FA91D2C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest Income Recognized </link:label>

<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_21CED6CB93DAAA1E36797AA99FA91D2C_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_21CED6CB93DAAA1E36797AA99FA91D2C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_21CED6CB93DAAA1E36797AA99FA91D2C" xlink:type="locator"/>

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<link:label id="lab_us-gaap_LoansAndLeasesReceivableAllowance_E4B697AF49BE02A477B47AA99F86A418_verboseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowance_E4B697AF49BE02A477B47AA99F86A418" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Allowance for loan and lease losses </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansAndLeasesReceivableAllowance" xlink:label="loc_us-gaap_LoansAndLeasesReceivableAllowance_E4B697AF49BE02A477B47AA99F86A418" xlink:type="locator"/>

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<link:label id="lab_us-gaap_FinancingReceivableModificationsNumberOfContracts2_F0E37D93A8E0194D9DEE7A900A82F618_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableModificationsNumberOfContracts2_F0E37D93A8E0194D9DEE7A900A82F618" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans modified in troubled debt restructurings </link:label>

<link:label id="lab_us-gaap_FinancingReceivableModificationsNumberOfContracts2_F0E37D93A8E0194D9DEE7A900A82F618_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableModificationsNumberOfContracts2_F0E37D93A8E0194D9DEE7A900A82F618" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Modifications, Number of Contracts </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableModificationsNumberOfContracts2" xlink:label="loc_us-gaap_FinancingReceivableModificationsNumberOfContracts2_F0E37D93A8E0194D9DEE7A900A82F618" xlink:type="locator"/>

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<link:label id="lab_stt_FinancingReceivableRecordedInvestmentNonaccrualStatusNumberofLoans_EE0D0427430A8DB978AB7A900A8290B5_terseLabel_en-US" xlink:label="lab_stt_FinancingReceivableRecordedInvestmentNonaccrualStatusNumberofLoans_EE0D0427430A8DB978AB7A900A8290B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of loans on non-accrual status </link:label>

<link:label id="lab_stt_FinancingReceivableRecordedInvestmentNonaccrualStatusNumberofLoans_EE0D0427430A8DB978AB7A900A8290B5_label_en-US" xlink:label="lab_stt_FinancingReceivableRecordedInvestmentNonaccrualStatusNumberofLoans_EE0D0427430A8DB978AB7A900A8290B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment, Nonaccrual Status, Number of Loans </link:label>

<link:label id="lab_stt_FinancingReceivableRecordedInvestmentNonaccrualStatusNumberofLoans_EE0D0427430A8DB978AB7A900A8290B5_documentation_en-US" xlink:label="lab_stt_FinancingReceivableRecordedInvestmentNonaccrualStatusNumberofLoans_EE0D0427430A8DB978AB7A900A8290B5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment, Nonaccrual Status, Number of Loans </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_FinancingReceivableRecordedInvestmentNonaccrualStatusNumberofLoans" xlink:label="loc_stt_FinancingReceivableRecordedInvestmentNonaccrualStatusNumberofLoans_EE0D0427430A8DB978AB7A900A8290B5" xlink:type="locator"/>

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<link:label id="lab_stt_FinancingReceivableRecordedInvestmentEqualToGreaterThan90Day_5EF742BC0E3177C8EF907A900A825EF4_terseLabel_en-US" xlink:label="lab_stt_FinancingReceivableRecordedInvestmentEqualToGreaterThan90Day_5EF742BC0E3177C8EF907A900A825EF4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans more than 90 days past due </link:label>

<link:label id="lab_stt_FinancingReceivableRecordedInvestmentEqualToGreaterThan90Day_5EF742BC0E3177C8EF907A900A825EF4_label_en-US" xlink:label="lab_stt_FinancingReceivableRecordedInvestmentEqualToGreaterThan90Day_5EF742BC0E3177C8EF907A900A825EF4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable Recorded Investment Equal To Greater Than 90 Day </link:label>

<link:label id="lab_stt_FinancingReceivableRecordedInvestmentEqualToGreaterThan90Day_5EF742BC0E3177C8EF907A900A825EF4_documentation_en-US" xlink:label="lab_stt_FinancingReceivableRecordedInvestmentEqualToGreaterThan90Day_5EF742BC0E3177C8EF907A900A825EF4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Financing Receivable Recorded Investment Equal To Greater Than 90 Day </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_FinancingReceivableRecordedInvestmentEqualToGreaterThan90Day" xlink:label="loc_stt_FinancingReceivableRecordedInvestmentEqualToGreaterThan90Day_5EF742BC0E3177C8EF907A900A825EF4" xlink:type="locator"/>

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<link:label id="lab_us-gaap_DividendsPreferredStock_8545CE39C154DCF4CA7E454BA0C39730_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DividendsPreferredStock_8545CE39C154DCF4CA7E454BA0C39730" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock dividends </link:label>

<link:label id="lab_us-gaap_DividendsPreferredStock_8545CE39C154DCF4CA7E454BA0C39730_label_en-US" xlink:label="lab_us-gaap_DividendsPreferredStock_8545CE39C154DCF4CA7E454BA0C39730" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends, Preferred Stock </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DividendsPreferredStock" xlink:label="loc_us-gaap_DividendsPreferredStock_8545CE39C154DCF4CA7E454BA0C39730" xlink:type="locator"/>

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<link:label id="lab_stt_DividendsAndUndistributedEarningsAllocatedToParticipatingSecurities_A6F51BBE41F917F99ED6454BA0C35B54_negatedTerseLabel_en-US" xlink:label="lab_stt_DividendsAndUndistributedEarningsAllocatedToParticipatingSecurities_A6F51BBE41F917F99ED6454BA0C35B54" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Dividends and undistributed earnings allocated to participating securities </link:label>

<link:label id="lab_stt_DividendsAndUndistributedEarningsAllocatedToParticipatingSecurities_A6F51BBE41F917F99ED6454BA0C35B54_label_en-US" xlink:label="lab_stt_DividendsAndUndistributedEarningsAllocatedToParticipatingSecurities_A6F51BBE41F917F99ED6454BA0C35B54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends and undistributed earnings allocated to participating securities </link:label>

<link:label id="lab_stt_DividendsAndUndistributedEarningsAllocatedToParticipatingSecurities_A6F51BBE41F917F99ED6454BA0C35B54_documentation_en-US" xlink:label="lab_stt_DividendsAndUndistributedEarningsAllocatedToParticipatingSecurities_A6F51BBE41F917F99ED6454BA0C35B54" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Allocation to participating securities, which are composed of holders of unvested restricted stock and director stock; have non-forfeitable rights to dividends during the vesting period on a basis equivalent to dividends paid to common shareholders. </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_DividendsAndUndistributedEarningsAllocatedToParticipatingSecurities" xlink:label="loc_stt_DividendsAndUndistributedEarningsAllocatedToParticipatingSecurities_A6F51BBE41F917F99ED6454BA0C35B54" xlink:type="locator"/>

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<link:label id="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_F2EDE4A8228ED9081A60454BA0C376B0_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_F2EDE4A8228ED9081A60454BA0C376B0" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net income available to common shareholders </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_F2EDE4A8228ED9081A60454BA0C376B0" xlink:type="locator"/>

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<link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_01E07636C601F620EF05454BA0C39D9D_verboseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_01E07636C601F620EF05454BA0C39D9D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Basic average common shares </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_01E07636C601F620EF05454BA0C39D9D" xlink:type="locator"/>

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<link:label id="lab_stt_StockOptionsAndStockAwards_DAA4D66F99763B7552B9454BA0C353A3_terseLabel_en-US" xlink:label="lab_stt_StockOptionsAndStockAwards_DAA4D66F99763B7552B9454BA0C353A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Effect of dilutive securities: common stock options and common stock awards (in shares) </link:label>

<link:label id="lab_stt_StockOptionsAndStockAwards_DAA4D66F99763B7552B9454BA0C353A3_label_en-US" xlink:label="lab_stt_StockOptionsAndStockAwards_DAA4D66F99763B7552B9454BA0C353A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Options And Stock Awards </link:label>

<link:label id="lab_stt_StockOptionsAndStockAwards_DAA4D66F99763B7552B9454BA0C353A3_documentation_en-US" xlink:label="lab_stt_StockOptionsAndStockAwards_DAA4D66F99763B7552B9454BA0C353A3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Stock Options And Stock Awards </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_StockOptionsAndStockAwards" xlink:label="loc_stt_StockOptionsAndStockAwards_DAA4D66F99763B7552B9454BA0C353A3" xlink:type="locator"/>

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<link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_8FE4DD91E22270DC613C454BA0C317A2_totalLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_8FE4DD91E22270DC613C454BA0C317A2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Diluted average common shares </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_8FE4DD91E22270DC613C454BA0C317A2" xlink:type="locator"/>

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<link:label id="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_4B7A1DE0E9453C9F21C3454BA0C30654_terseLabel_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_4B7A1DE0E9453C9F21C3454BA0C30654" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Anti-dilutive securities (in shares) </link:label>

<link:label id="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_4B7A1DE0E9453C9F21C3454BA0C30654_label_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_4B7A1DE0E9453C9F21C3454BA0C30654" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_4B7A1DE0E9453C9F21C3454BA0C30654" xlink:type="locator"/>

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<link:label id="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_451EC0D4299C93E8ACCD454BA0C373A1_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_451EC0D4299C93E8ACCD454BA0C373A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Earnings per Common Share: </link:label>

<link:label id="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_451EC0D4299C93E8ACCD454BA0C373A1_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_451EC0D4299C93E8ACCD454BA0C373A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Earnings Per Share, Basic and Diluted [Abstract] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasicAndDilutedAbstract" xlink:label="loc_us-gaap_EarningsPerShareBasicAndDilutedAbstract_451EC0D4299C93E8ACCD454BA0C373A1" xlink:type="locator"/>

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<link:label id="lab_us-gaap_NetInvestmentHedgingMember_FE63D11A7101E18A214A7AD63C5D7890_terseLabel_en-US" xlink:label="lab_us-gaap_NetInvestmentHedgingMember_FE63D11A7101E18A214A7AD63C5D7890" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment Hedges </link:label>

<link:label id="lab_us-gaap_NetInvestmentHedgingMember_FE63D11A7101E18A214A7AD63C5D7890_label_en-US" xlink:label="lab_us-gaap_NetInvestmentHedgingMember_FE63D11A7101E18A214A7AD63C5D7890" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Investment Hedging [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetInvestmentHedgingMember" xlink:label="loc_us-gaap_NetInvestmentHedgingMember_FE63D11A7101E18A214A7AD63C5D7890" xlink:type="locator"/>

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<link:label id="lab_us-gaap_DepositsMember_591395A1E9244EDAB3B47AD63C5E3934_terseLabel_en-US" xlink:label="lab_us-gaap_DepositsMember_591395A1E9244EDAB3B47AD63C5E3934" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deposits </link:label>

<link:label id="lab_us-gaap_DepositsMember_591395A1E9244EDAB3B47AD63C5E3934_label_en-US" xlink:label="lab_us-gaap_DepositsMember_591395A1E9244EDAB3B47AD63C5E3934" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deposits [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DepositsMember" xlink:label="loc_us-gaap_DepositsMember_591395A1E9244EDAB3B47AD63C5E3934" xlink:type="locator"/>

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<link:label id="lab_us-gaap_InterestIncomeMember_8F01728D68AF0FE9402D7AD63C5FE903_verboseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeMember_8F01728D68AF0FE9402D7AD63C5FE903" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Net interest revenue </link:label>

<link:label id="lab_us-gaap_InterestIncomeMember_8F01728D68AF0FE9402D7AD63C5FE903_label_en-US" xlink:label="lab_us-gaap_InterestIncomeMember_8F01728D68AF0FE9402D7AD63C5FE903" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income [Member] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestIncomeMember" xlink:label="loc_us-gaap_InterestIncomeMember_8F01728D68AF0FE9402D7AD63C5FE903" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestIncomeMember_8F01728D68AF0FE9402D7AD63C5FE903" xlink:to="lab_us-gaap_InterestIncomeMember_8F01728D68AF0FE9402D7AD63C5FE903" xlink:type="arc"/>

<link:label id="lab_stt_GainsLossesRelatedtoInvestmentSecuritiesNetMember_943D16B2CAF7F377CF517AD63C5F0BE5_terseLabel_en-US" xlink:label="lab_stt_GainsLossesRelatedtoInvestmentSecuritiesNetMember_943D16B2CAF7F377CF517AD63C5F0BE5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gains (Losses) related to investment securities, net </link:label>

<link:label id="lab_stt_GainsLossesRelatedtoInvestmentSecuritiesNetMember_943D16B2CAF7F377CF517AD63C5F0BE5_label_en-US" xlink:label="lab_stt_GainsLossesRelatedtoInvestmentSecuritiesNetMember_943D16B2CAF7F377CF517AD63C5F0BE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gains (Losses) Related to Investment Securities, Net [Member] </link:label>

<link:label id="lab_stt_GainsLossesRelatedtoInvestmentSecuritiesNetMember_943D16B2CAF7F377CF517AD63C5F0BE5_documentation_en-US" xlink:label="lab_stt_GainsLossesRelatedtoInvestmentSecuritiesNetMember_943D16B2CAF7F377CF517AD63C5F0BE5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Gains (Losses) Related to Investment Securities, Net [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_GainsLossesRelatedtoInvestmentSecuritiesNetMember" xlink:label="loc_stt_GainsLossesRelatedtoInvestmentSecuritiesNetMember_943D16B2CAF7F377CF517AD63C5F0BE5" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_GainsLossesRelatedtoInvestmentSecuritiesNetMember_943D16B2CAF7F377CF517AD63C5F0BE5" xlink:to="lab_stt_GainsLossesRelatedtoInvestmentSecuritiesNetMember_943D16B2CAF7F377CF517AD63C5F0BE5" xlink:type="arc"/>

<link:label id="lab_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_57768B0C5B107B3184B97AD63C5FBB40_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_57768B0C5B107B3184B97AD63C5FBB40" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain (loss) on fair value hedges recognized in earnings </link:label>

<link:label id="lab_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_57768B0C5B107B3184B97AD63C5FBB40_label_en-US" xlink:label="lab_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_57768B0C5B107B3184B97AD63C5FBB40" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gain (Loss) on Fair Value Hedges Recognized in Earnings </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings" xlink:label="loc_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_57768B0C5B107B3184B97AD63C5FBB40" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_57768B0C5B107B3184B97AD63C5FBB40" xlink:to="lab_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_57768B0C5B107B3184B97AD63C5FBB40" xlink:type="arc"/>

<link:label id="lab_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesNetOfRelatedTaxes_A0FA4DE1D67A7BE5886B7AD63C5FC6B9_terseLabel_en-US" xlink:label="lab_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesNetOfRelatedTaxes_A0FA4DE1D67A7BE5886B7AD63C5FC6B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net unrealized gains (losses) on available-for-sale securities designated in fair value hedges, net of related taxes </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesNetOfRelatedTaxes" xlink:label="loc_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesNetOfRelatedTaxes_A0FA4DE1D67A7BE5886B7AD63C5FC6B9" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesNetOfRelatedTaxes_A0FA4DE1D67A7BE5886B7AD63C5FC6B9" xlink:to="lab_stt_OtherComprehensiveIncomeLossChangeInUnrealizedGainLossOnAfsSecuritiesDesignatedAsFairValueHedgesNetOfRelatedTaxes_A0FA4DE1D67A7BE5886B7AD63C5FC6B9" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_099B452DC875DB4FB6307AD63C5FFD50_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_099B452DC875DB4FB6307AD63C5FFD50" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain (loss) on derivative recognized in OCI </link:label>

<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_099B452DC875DB4FB6307AD63C5FFD50_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_099B452DC875DB4FB6307AD63C5FFD50" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_099B452DC875DB4FB6307AD63C5FFD50" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_099B452DC875DB4FB6307AD63C5FFD50" xlink:to="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_099B452DC875DB4FB6307AD63C5FFD50" xlink:type="arc"/>

<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_DA90AF6829BAB361AD8D7AD63C5F3575_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_DA90AF6829BAB361AD8D7AD63C5F3575" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Gain (loss) on hedges reclassified to income </link:label>

<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_DA90AF6829BAB361AD8D7AD63C5F3575_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_DA90AF6829BAB361AD8D7AD63C5F3575" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_DA90AF6829BAB361AD8D7AD63C5F3575" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_DA90AF6829BAB361AD8D7AD63C5F3575" xlink:to="lab_us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_DA90AF6829BAB361AD8D7AD63C5F3575" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_E6AA7BEB30A474702B299A36300F3BBC_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_E6AA7BEB30A474702B299A36300F3BBC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table] </link:label>

<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_E6AA7BEB30A474702B299A36300F3BBC_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_E6AA7BEB30A474702B299A36300F3BBC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_E6AA7BEB30A474702B299A36300F3BBC" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_E6AA7BEB30A474702B299A36300F3BBC" xlink:to="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_E6AA7BEB30A474702B299A36300F3BBC" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3C22333EF8FC8DDCFC8C9A363013C7F9_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3C22333EF8FC8DDCFC8C9A363013C7F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] </link:label>

<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3C22333EF8FC8DDCFC8C9A363013C7F9_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3C22333EF8FC8DDCFC8C9A363013C7F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3C22333EF8FC8DDCFC8C9A363013C7F9" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3C22333EF8FC8DDCFC8C9A363013C7F9" xlink:to="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3C22333EF8FC8DDCFC8C9A363013C7F9" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_472C3A535A5536A045779A36301370F1_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_472C3A535A5536A045779A36301370F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] </link:label>

<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_472C3A535A5536A045779A36301370F1_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_472C3A535A5536A045779A36301370F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_472C3A535A5536A045779A36301370F1" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_472C3A535A5536A045779A36301370F1" xlink:to="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_472C3A535A5536A045779A36301370F1" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_53D539BA0F38B997875C9A363014AC3A_periodStartLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_53D539BA0F38B997875C9A363014AC3A" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Fair value, beginning of period </link:label>

<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_53D539BA0F38B997875C9A363014AC3A_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_53D539BA0F38B997875C9A363014AC3A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_53D539BA0F38B997875C9A363014AC3A" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_53D539BA0F38B997875C9A363014AC3A" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_53D539BA0F38B997875C9A363014AC3A" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_1DBCDE3889EB2F29DF2C9A363014CFCC_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_1DBCDE3889EB2F29DF2C9A363014CFCC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total realized and unrealized gain (losses) recorded in revenue </link:label>

<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_1DBCDE3889EB2F29DF2C9A363014CFCC_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_1DBCDE3889EB2F29DF2C9A363014CFCC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_1DBCDE3889EB2F29DF2C9A363014CFCC" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_1DBCDE3889EB2F29DF2C9A363014CFCC" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_1DBCDE3889EB2F29DF2C9A363014CFCC" xlink:type="arc"/>

<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_E8BF67DD7BAEEC91B7479A3630140A2F_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_E8BF67DD7BAEEC91B7479A3630140A2F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total realized and unrealized gain (losses) recorded in other comprehensive income </link:label>

<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_E8BF67DD7BAEEC91B7479A3630140A2F_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_E8BF67DD7BAEEC91B7479A3630140A2F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_E8BF67DD7BAEEC91B7479A3630140A2F" xlink:type="locator"/>

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<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_E933AA2A20EE59E242519A3630150CE2_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_E933AA2A20EE59E242519A3630150CE2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Purchases </link:label>

<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_E933AA2A20EE59E242519A3630150CE2_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_E933AA2A20EE59E242519A3630150CE2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases </link:label>

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<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_39A191385E1A9BE7EE499A363015BAB4_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_39A191385E1A9BE7EE499A363015BAB4" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Settlements </link:label>

<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_39A191385E1A9BE7EE499A363015BAB4_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_39A191385E1A9BE7EE499A363015BAB4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements </link:label>

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<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_EB3DFAC6C07A5480EEA09A3630152BC8_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_EB3DFAC6C07A5480EEA09A3630152BC8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Transfers into Level 3 </link:label>

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<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_C97AF115F82C3D2050B09A3630153C1E_negatedLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_C97AF115F82C3D2050B09A3630153C1E" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Transfers out of Level 3 </link:label>

<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_C97AF115F82C3D2050B09A3630153C1E_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_C97AF115F82C3D2050B09A3630153C1E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 </link:label>

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<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_CF96B673955F1262A2959A363015C6FE_periodEndLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_CF96B673955F1262A2959A363015C6FE" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Fair value, end of period </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_CF96B673955F1262A2959A363015C6FE" xlink:type="locator"/>

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<link:label id="lab_stt_ChangeInUnrealizedGainsLossesRelatedToFinancialInstrumentsAssetsHeldAtPeriodEnd_FA8F07DF637AE430F8FB9A36301548C9_terseLabel_en-US" xlink:label="lab_stt_ChangeInUnrealizedGainsLossesRelatedToFinancialInstrumentsAssetsHeldAtPeriodEnd_FA8F07DF637AE430F8FB9A36301548C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in unrealized gains (losses) related to financial instruments held </link:label>

<link:label id="lab_stt_ChangeInUnrealizedGainsLossesRelatedToFinancialInstrumentsAssetsHeldAtPeriodEnd_FA8F07DF637AE430F8FB9A36301548C9_label_en-US" xlink:label="lab_stt_ChangeInUnrealizedGainsLossesRelatedToFinancialInstrumentsAssetsHeldAtPeriodEnd_FA8F07DF637AE430F8FB9A36301548C9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Change in Unrealized Gains (Losses) Related to Financial Instruments, Assets, Held at Period End </link:label>

<link:label id="lab_stt_ChangeInUnrealizedGainsLossesRelatedToFinancialInstrumentsAssetsHeldAtPeriodEnd_FA8F07DF637AE430F8FB9A36301548C9_documentation_en-US" xlink:label="lab_stt_ChangeInUnrealizedGainsLossesRelatedToFinancialInstrumentsAssetsHeldAtPeriodEnd_FA8F07DF637AE430F8FB9A36301548C9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Change in Unrealized Gains (Losses) Related to Financial Instruments, Assets, Held at Period End </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_ChangeInUnrealizedGainsLossesRelatedToFinancialInstrumentsAssetsHeldAtPeriodEnd" xlink:label="loc_stt_ChangeInUnrealizedGainsLossesRelatedToFinancialInstrumentsAssetsHeldAtPeriodEnd_FA8F07DF637AE430F8FB9A36301548C9" xlink:type="locator"/>

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<link:label id="lab_stt_OffsettingArrangementsTextBlock_DFD5DEB1BB5DEC8CF751454BA181644C_terseLabel_en-US" xlink:label="lab_stt_OffsettingArrangementsTextBlock_DFD5DEB1BB5DEC8CF751454BA181644C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Offsetting Arrangements </link:label>

<link:label id="lab_stt_OffsettingArrangementsTextBlock_DFD5DEB1BB5DEC8CF751454BA181644C_label_en-US" xlink:label="lab_stt_OffsettingArrangementsTextBlock_DFD5DEB1BB5DEC8CF751454BA181644C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Offsetting Arrangements [Text Block] </link:label>

<link:label id="lab_stt_OffsettingArrangementsTextBlock_DFD5DEB1BB5DEC8CF751454BA181644C_documentation_en-US" xlink:label="lab_stt_OffsettingArrangementsTextBlock_DFD5DEB1BB5DEC8CF751454BA181644C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Offsetting Arrangements [Text Block] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_OffsettingArrangementsTextBlock" xlink:label="loc_stt_OffsettingArrangementsTextBlock_DFD5DEB1BB5DEC8CF751454BA181644C" xlink:type="locator"/>

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<link:label id="lab_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_5BDB680E634342D64C98454BA0856C8C_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_5BDB680E634342D64C98454BA0856C8C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment Securities </link:label>

<link:label id="lab_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_5BDB680E634342D64C98454BA0856C8C_label_en-US" xlink:label="lab_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_5BDB680E634342D64C98454BA0856C8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] </link:label>

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<link:label id="lab_us-gaap_LossContingencyDisclosures_12BA3581D1E2E45B6447454B9FB40F2E_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyDisclosures_12BA3581D1E2E45B6447454B9FB40F2E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Contingencies </link:label>

<link:label id="lab_us-gaap_LossContingencyDisclosures_12BA3581D1E2E45B6447454B9FB40F2E_label_en-US" xlink:label="lab_us-gaap_LossContingencyDisclosures_12BA3581D1E2E45B6447454B9FB40F2E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Contingencies Disclosure [Text Block] </link:label>

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<link:label id="lab_stt_CommitmentsandGuaranteesDisclosureTextBlock_694FD1550679FE8575AE454BA07E0DFE_terseLabel_en-US" xlink:label="lab_stt_CommitmentsandGuaranteesDisclosureTextBlock_694FD1550679FE8575AE454BA07E0DFE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commitments and Guarantees </link:label>

<link:label id="lab_stt_CommitmentsandGuaranteesDisclosureTextBlock_694FD1550679FE8575AE454BA07E0DFE_label_en-US" xlink:label="lab_stt_CommitmentsandGuaranteesDisclosureTextBlock_694FD1550679FE8575AE454BA07E0DFE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commitments and Guarantees Disclosure [Text Block] </link:label>

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<link:loc xlink:href="stt-20170630.xsd#stt_CommitmentsandGuaranteesDisclosureTextBlock" xlink:label="loc_stt_CommitmentsandGuaranteesDisclosureTextBlock_694FD1550679FE8575AE454BA07E0DFE" xlink:type="locator"/>

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<link:label id="lab_stt_InvestmentGradeMember_90CA2CD83AE3CD3FE4A6A31B06D008B8_terseLabel_en-US" xlink:label="lab_stt_InvestmentGradeMember_90CA2CD83AE3CD3FE4A6A31B06D008B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment grade </link:label>

<link:label id="lab_stt_InvestmentGradeMember_90CA2CD83AE3CD3FE4A6A31B06D008B8_label_en-US" xlink:label="lab_stt_InvestmentGradeMember_90CA2CD83AE3CD3FE4A6A31B06D008B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Grade [Member] </link:label>

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<link:label id="lab_stt_SpeculativeMember_A84F62525CBAA7071753A31B06D05B8C_terseLabel_en-US" xlink:label="lab_stt_SpeculativeMember_A84F62525CBAA7071753A31B06D05B8C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Speculative </link:label>

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<link:label id="lab_us-gaap_SubstandardMember_F02F90C64E77BD16DCD1A31B06D05ADC_terseLabel_en-US" xlink:label="lab_us-gaap_SubstandardMember_F02F90C64E77BD16DCD1A31B06D05ADC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Substandard </link:label>

<link:label id="lab_us-gaap_SubstandardMember_F02F90C64E77BD16DCD1A31B06D05ADC_label_en-US" xlink:label="lab_us-gaap_SubstandardMember_F02F90C64E77BD16DCD1A31B06D05ADC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Substandard [Member] </link:label>

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<link:label id="lab_country_US_BAD2471C3E9179CDBE0B4216F93E5689_verboseLabel_en-US" xlink:label="lab_country_US_BAD2471C3E9179CDBE0B4216F93E5689" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Domestic </link:label>

<link:label id="lab_country_US_BAD2471C3E9179CDBE0B4216F93E5689_label_en-US" xlink:label="lab_country_US_BAD2471C3E9179CDBE0B4216F93E5689" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> UNITED STATES </link:label>

<link:loc xlink:href="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd#country_US" xlink:label="loc_country_US_BAD2471C3E9179CDBE0B4216F93E5689" xlink:type="locator"/>

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<link:label id="lab_us-gaap_LoansReceivableCommercialFinancialInstitutions_49CA99BDE9BF5C7E6F494216F93E814F_terseLabel_en-US" xlink:label="lab_us-gaap_LoansReceivableCommercialFinancialInstitutions_49CA99BDE9BF5C7E6F494216F93E814F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans to investment funds </link:label>

<link:label id="lab_us-gaap_LoansReceivableCommercialFinancialInstitutions_49CA99BDE9BF5C7E6F494216F93E814F_label_en-US" xlink:label="lab_us-gaap_LoansReceivableCommercialFinancialInstitutions_49CA99BDE9BF5C7E6F494216F93E814F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans Receivable, Gross, Commercial, Financial Institutions </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableCommercialFinancialInstitutions" xlink:label="loc_us-gaap_LoansReceivableCommercialFinancialInstitutions_49CA99BDE9BF5C7E6F494216F93E814F" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansReceivableCommercialFinancialInstitutions_49CA99BDE9BF5C7E6F494216F93E814F" xlink:to="lab_us-gaap_LoansReceivableCommercialFinancialInstitutions_49CA99BDE9BF5C7E6F494216F93E814F" xlink:type="arc"/>

<link:label id="lab_stt_LoansReceivableGrossCommercialFinancialInstitutionsSecured_479B75F1EF99EFA0B71F4216F93EC78B_terseLabel_en-US" xlink:label="lab_stt_LoansReceivableGrossCommercialFinancialInstitutionsSecured_479B75F1EF99EFA0B71F4216F93EC78B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Senior secured bank loans </link:label>

<link:label id="lab_stt_LoansReceivableGrossCommercialFinancialInstitutionsSecured_479B75F1EF99EFA0B71F4216F93EC78B_label_en-US" xlink:label="lab_stt_LoansReceivableGrossCommercialFinancialInstitutionsSecured_479B75F1EF99EFA0B71F4216F93EC78B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans Receivable, Gross, Commercial, Financial Institutions, Secured </link:label>

<link:label id="lab_stt_LoansReceivableGrossCommercialFinancialInstitutionsSecured_479B75F1EF99EFA0B71F4216F93EC78B_documentation_en-US" xlink:label="lab_stt_LoansReceivableGrossCommercialFinancialInstitutionsSecured_479B75F1EF99EFA0B71F4216F93EC78B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loans Receivable, Gross, Commercial, Financial Institutions, Secured </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_LoansReceivableGrossCommercialFinancialInstitutionsSecured" xlink:label="loc_stt_LoansReceivableGrossCommercialFinancialInstitutionsSecured_479B75F1EF99EFA0B71F4216F93EC78B" xlink:type="locator"/>

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<link:label id="lab_us-gaap_LoansAndLeasesReceivableCommercialGovernments_348AC48B89FE1D316B4F4216F93EE344_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableCommercialGovernments_348AC48B89FE1D316B4F4216F93EE344" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans to municipalities </link:label>

<link:label id="lab_us-gaap_LoansAndLeasesReceivableCommercialGovernments_348AC48B89FE1D316B4F4216F93EE344_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableCommercialGovernments_348AC48B89FE1D316B4F4216F93EE344" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Gross, Commercial, Governments </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansAndLeasesReceivableCommercialGovernments" xlink:label="loc_us-gaap_LoansAndLeasesReceivableCommercialGovernments_348AC48B89FE1D316B4F4216F93EE344" xlink:type="locator"/>

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<link:label id="lab_stt_LoansandLeasesReceivableGrossCommercialOther_8AF73C76D879136435FB4216F93E9F60_terseLabel_en-US" xlink:label="lab_stt_LoansandLeasesReceivableGrossCommercialOther_8AF73C76D879136435FB4216F93E9F60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>

<link:label id="lab_stt_LoansandLeasesReceivableGrossCommercialOther_8AF73C76D879136435FB4216F93E9F60_label_en-US" xlink:label="lab_stt_LoansandLeasesReceivableGrossCommercialOther_8AF73C76D879136435FB4216F93E9F60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Gross, Commercial, Other </link:label>

<link:label id="lab_stt_LoansandLeasesReceivableGrossCommercialOther_8AF73C76D879136435FB4216F93E9F60_documentation_en-US" xlink:label="lab_stt_LoansandLeasesReceivableGrossCommercialOther_8AF73C76D879136435FB4216F93E9F60" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Gross, Commercial, Other </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_LoansandLeasesReceivableGrossCommercialOther" xlink:label="loc_stt_LoansandLeasesReceivableGrossCommercialOther_8AF73C76D879136435FB4216F93E9F60" xlink:type="locator"/>

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<link:label id="lab_us-gaap_LoansReceivableCommercialRealEstate_0941375EDA1BBA4E7CE24216F93EA47C_terseLabel_en-US" xlink:label="lab_us-gaap_LoansReceivableCommercialRealEstate_0941375EDA1BBA4E7CE24216F93EA47C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial real estate </link:label>

<link:label id="lab_us-gaap_LoansReceivableCommercialRealEstate_0941375EDA1BBA4E7CE24216F93EA47C_label_en-US" xlink:label="lab_us-gaap_LoansReceivableCommercialRealEstate_0941375EDA1BBA4E7CE24216F93EA47C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans Receivable, Gross, Commercial, Real Estate </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableCommercialRealEstate" xlink:label="loc_us-gaap_LoansReceivableCommercialRealEstate_0941375EDA1BBA4E7CE24216F93EA47C" xlink:type="locator"/>

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<link:label id="lab_us-gaap_LeasesReceivableCommercialLeaseFinancing_BC645025B55D32D293B64216F93EFA13_terseLabel_en-US" xlink:label="lab_us-gaap_LeasesReceivableCommercialLeaseFinancing_BC645025B55D32D293B64216F93EFA13" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Lease financing </link:label>

<link:label id="lab_us-gaap_LeasesReceivableCommercialLeaseFinancing_BC645025B55D32D293B64216F93EFA13_label_en-US" xlink:label="lab_us-gaap_LeasesReceivableCommercialLeaseFinancing_BC645025B55D32D293B64216F93EFA13" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Leases Receivable, Gross, Commercial, Lease Financing </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LeasesReceivableCommercialLeaseFinancing" xlink:label="loc_us-gaap_LeasesReceivableCommercialLeaseFinancing_BC645025B55D32D293B64216F93EFA13" xlink:type="locator"/>

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<link:label id="lab_us-gaap_LoansAndLeasesReceivableGrossCarryingAmount_A57A298064298DBAADB44216F93E27BA_totalLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableGrossCarryingAmount_A57A298064298DBAADB44216F93E27BA" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total loans and leases </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansAndLeasesReceivableGrossCarryingAmount" xlink:label="loc_us-gaap_LoansAndLeasesReceivableGrossCarryingAmount_A57A298064298DBAADB44216F93E27BA" xlink:type="locator"/>

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<link:label id="lab_us-gaap_LoansAndLeasesReceivableAllowance_5EBE80367E0B758945E54216F93E0F75_negatedLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowance_5EBE80367E0B758945E54216F93E0F75" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Allowance for loan and lease losses </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansAndLeasesReceivableAllowance" xlink:label="loc_us-gaap_LoansAndLeasesReceivableAllowance_5EBE80367E0B758945E54216F93E0F75" xlink:type="locator"/>

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<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_5DC6A91EC572B705A1DF4216F93FA670_totalLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_5DC6A91EC572B705A1DF4216F93FA670" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Loans and leases, net of allowance </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansAndLeasesReceivableNetReportedAmount" xlink:label="loc_us-gaap_LoansAndLeasesReceivableNetReportedAmount_5DC6A91EC572B705A1DF4216F93FA670" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableNetReportedAmount_5DC6A91EC572B705A1DF4216F93FA670" xlink:to="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_5DC6A91EC572B705A1DF4216F93FA670" xlink:type="arc"/>

<link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_72984C6D86E354963E0E454BA1D8C9E0_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_72984C6D86E354963E0E454BA1D8C9E0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Computation of Basic and Diluted Earnings Per Share </link:label>

<link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_72984C6D86E354963E0E454BA1D8C9E0_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_72984C6D86E354963E0E454BA1D8C9E0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_72984C6D86E354963E0E454BA1D8C9E0" xlink:type="locator"/>

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<link:label id="lab_us-gaap_SegmentReportingDisclosureTextBlock_CDBA722B6A0BB53F0177454BA012BE8B_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingDisclosureTextBlock_CDBA722B6A0BB53F0177454BA012BE8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Line of Business Information </link:label>

<link:label id="lab_us-gaap_SegmentReportingDisclosureTextBlock_CDBA722B6A0BB53F0177454BA012BE8B_label_en-US" xlink:label="lab_us-gaap_SegmentReportingDisclosureTextBlock_CDBA722B6A0BB53F0177454BA012BE8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segment Reporting Disclosure [Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="loc_us-gaap_SegmentReportingDisclosureTextBlock_CDBA722B6A0BB53F0177454BA012BE8B" xlink:type="locator"/>

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<link:label id="lab_us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock_8CB7A2E72A44B0DFAE81454BA1C8EE13_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock_8CB7A2E72A44B0DFAE81454BA1C8EE13" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Expenses </link:label>

<link:label id="lab_us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock_8CB7A2E72A44B0DFAE81454BA1C8EE13_label_en-US" xlink:label="lab_us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock_8CB7A2E72A44B0DFAE81454BA1C8EE13" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Income and Other Expense Disclosure [Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock" xlink:label="loc_us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock_8CB7A2E72A44B0DFAE81454BA1C8EE13" xlink:type="locator"/>

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<link:label id="lab_us-gaap_OffsettingAssetsTableTextBlock_580EF64C9FBC5CDA830F454BA07C135E_terseLabel_en-US" xlink:label="lab_us-gaap_OffsettingAssetsTableTextBlock_580EF64C9FBC5CDA830F454BA07C135E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Offsetting Assets </link:label>

<link:label id="lab_us-gaap_OffsettingAssetsTableTextBlock_580EF64C9FBC5CDA830F454BA07C135E_label_en-US" xlink:label="lab_us-gaap_OffsettingAssetsTableTextBlock_580EF64C9FBC5CDA830F454BA07C135E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Offsetting Assets [Table Text Block] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OffsettingAssetsTableTextBlock" xlink:label="loc_us-gaap_OffsettingAssetsTableTextBlock_580EF64C9FBC5CDA830F454BA07C135E" xlink:type="locator"/>

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<link:label id="lab_us-gaap_OffsettingLiabilitiesTableTextBlock_06D098CB17A58249E649454BA07C0ADB_terseLabel_en-US" xlink:label="lab_us-gaap_OffsettingLiabilitiesTableTextBlock_06D098CB17A58249E649454BA07C0ADB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Offsetting Liabilities </link:label>

<link:label id="lab_us-gaap_OffsettingLiabilitiesTableTextBlock_06D098CB17A58249E649454BA07C0ADB_label_en-US" xlink:label="lab_us-gaap_OffsettingLiabilitiesTableTextBlock_06D098CB17A58249E649454BA07C0ADB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Offsetting Liabilities [Table Text Block] </link:label>

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<link:label id="lab_stt_ScheduleOfSecuritiesSoldandSecuritiesLoanedUnderRepurchaseAgreementsTableTextBlock_A880DC4F5D0CD79A1272454BA07C891C_terseLabel_en-US" xlink:label="lab_stt_ScheduleOfSecuritiesSoldandSecuritiesLoanedUnderRepurchaseAgreementsTableTextBlock_A880DC4F5D0CD79A1272454BA07C891C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities Sold and Securities Loaned Under Repurchase Agreements </link:label>

<link:label id="lab_stt_ScheduleOfSecuritiesSoldandSecuritiesLoanedUnderRepurchaseAgreementsTableTextBlock_A880DC4F5D0CD79A1272454BA07C891C_label_en-US" xlink:label="lab_stt_ScheduleOfSecuritiesSoldandSecuritiesLoanedUnderRepurchaseAgreementsTableTextBlock_A880DC4F5D0CD79A1272454BA07C891C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule Of Securities Sold and Securities Loaned Under Repurchase Agreements [Table Text Block] </link:label>

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<link:label id="lab_stt_BostonFinancialDataServicesInc.andInternationalFinancialDataServicesLimitedU.KMember_94CE141FD199A34781E9454BA03116B0_terseLabel_en-US" xlink:label="lab_stt_BostonFinancialDataServicesInc.andInternationalFinancialDataServicesLimitedU.KMember_94CE141FD199A34781E9454BA03116B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Boston Financial Data Services, Inc. and International Financial Data Services </link:label>

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<link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_4C1FBF75D57135310B18454BA0319845_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_4C1FBF75D57135310B18454BA0319845" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash received </link:label>

<link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_4C1FBF75D57135310B18454BA0319845_label_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_4C1FBF75D57135310B18454BA0319845" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Divestiture of Businesses </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinesses" xlink:label="loc_us-gaap_ProceedsFromDivestitureOfBusinesses_4C1FBF75D57135310B18454BA0319845" xlink:type="locator"/>

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<link:label id="lab_stt_DisposalGroupConsiderationReceivedEquityInterestsReceivedorReceivable_50F2DD7D5B1A5394256D454BA03174A6_terseLabel_en-US" xlink:label="lab_stt_DisposalGroupConsiderationReceivedEquityInterestsReceivedorReceivable_50F2DD7D5B1A5394256D454BA03174A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock received </link:label>

<link:label id="lab_stt_DisposalGroupConsiderationReceivedEquityInterestsReceivedorReceivable_50F2DD7D5B1A5394256D454BA03174A6_label_en-US" xlink:label="lab_stt_DisposalGroupConsiderationReceivedEquityInterestsReceivedorReceivable_50F2DD7D5B1A5394256D454BA03174A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disposal Group, Consideration Received, Equity Interests Received or Receivable </link:label>

<link:label id="lab_stt_DisposalGroupConsiderationReceivedEquityInterestsReceivedorReceivable_50F2DD7D5B1A5394256D454BA03174A6_documentation_en-US" xlink:label="lab_stt_DisposalGroupConsiderationReceivedEquityInterestsReceivedorReceivable_50F2DD7D5B1A5394256D454BA03174A6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disposal Group, Consideration Received, Equity Interests Received or Receivable </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_DisposalGroupConsiderationReceivedEquityInterestsReceivedorReceivable" xlink:label="loc_stt_DisposalGroupConsiderationReceivedEquityInterestsReceivedorReceivable_50F2DD7D5B1A5394256D454BA03174A6" xlink:type="locator"/>

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<link:label id="lab_us-gaap_GainLossOnSaleOfBusiness_6579EB240DC58CEEBA2B454BA03157EF_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfBusiness_6579EB240DC58CEEBA2B454BA03157EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain on sale </link:label>

<link:label id="lab_us-gaap_GainLossOnSaleOfBusiness_6579EB240DC58CEEBA2B454BA03157EF_label_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfBusiness_6579EB240DC58CEEBA2B454BA03157EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gain (Loss) on Disposition of Business </link:label>

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<link:label id="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_0EFC6C49685A8C75B9B4454BA1A94B41_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_0EFC6C49685A8C75B9B4454BA1A94B41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Financial Instruments </link:label>

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<link:label id="lab_us-gaap_ScheduleOfGoodwillTable_755B98ACC17F12F4F32B3E15D9ABFC0F_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfGoodwillTable_755B98ACC17F12F4F32B3E15D9ABFC0F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Goodwill [Table] </link:label>

<link:label id="lab_us-gaap_ScheduleOfGoodwillTable_755B98ACC17F12F4F32B3E15D9ABFC0F_label_en-US" xlink:label="lab_us-gaap_ScheduleOfGoodwillTable_755B98ACC17F12F4F32B3E15D9ABFC0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Goodwill [Table] </link:label>

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<link:label id="lab_us-gaap_GoodwillLineItems_67051A5C215068FD752D3E15D9ACEAA8_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillLineItems_67051A5C215068FD752D3E15D9ACEAA8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill [Line Items] </link:label>

<link:label id="lab_us-gaap_GoodwillLineItems_67051A5C215068FD752D3E15D9ACEAA8_label_en-US" xlink:label="lab_us-gaap_GoodwillLineItems_67051A5C215068FD752D3E15D9ACEAA8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill [Line Items] </link:label>

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<link:label id="lab_us-gaap_GoodwillRollForward_EFE82D79483064C48B563E15D9AC5576_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillRollForward_EFE82D79483064C48B563E15D9AC5576" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill [Roll Forward] </link:label>

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<link:label id="lab_us-gaap_GoodwillAcquiredDuringPeriod_DA9D47FC69BAB33A455A3E15D9AC9215_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAcquiredDuringPeriod_DA9D47FC69BAB33A455A3E15D9AC9215" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Acquisitions </link:label>

<link:label id="lab_us-gaap_GoodwillAcquiredDuringPeriod_DA9D47FC69BAB33A455A3E15D9AC9215_label_en-US" xlink:label="lab_us-gaap_GoodwillAcquiredDuringPeriod_DA9D47FC69BAB33A455A3E15D9AC9215" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill, Acquired During Period </link:label>

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<link:label id="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_D40E75991914BF6BE6493E15D9AC7BDD_label_en-US" xlink:label="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_D40E75991914BF6BE6493E15D9AC7BDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill, Written off Related to Sale of Business Unit </link:label>

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<link:loc xlink:href="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd#country_US" xlink:label="loc_country_US_9B21FCFA827C6A4A15AF454BA17F4A1F" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ClassOfTreasuryStockTable_4264198A48D484AD0C9299FE6E0E2427_terseLabel_en-US" xlink:label="lab_us-gaap_ClassOfTreasuryStockTable_4264198A48D484AD0C9299FE6E0E2427" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Class of Treasury Stock [Table] </link:label>

<link:label id="lab_us-gaap_ClassOfTreasuryStockTable_4264198A48D484AD0C9299FE6E0E2427_label_en-US" xlink:label="lab_us-gaap_ClassOfTreasuryStockTable_4264198A48D484AD0C9299FE6E0E2427" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Class of Treasury Stock [Table] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfTreasuryStockTable" xlink:label="loc_us-gaap_ClassOfTreasuryStockTable_4264198A48D484AD0C9299FE6E0E2427" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ShareRepurchaseProgramAxis_B229F9D9DA161F34586599FE6E0E65F3_terseLabel_en-US" xlink:label="lab_us-gaap_ShareRepurchaseProgramAxis_B229F9D9DA161F34586599FE6E0E65F3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Share Repurchase Program [Axis] </link:label>

<link:label id="lab_us-gaap_ShareRepurchaseProgramAxis_B229F9D9DA161F34586599FE6E0E65F3_label_en-US" xlink:label="lab_us-gaap_ShareRepurchaseProgramAxis_B229F9D9DA161F34586599FE6E0E65F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share Repurchase Program [Axis] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareRepurchaseProgramAxis" xlink:label="loc_us-gaap_ShareRepurchaseProgramAxis_B229F9D9DA161F34586599FE6E0E65F3" xlink:type="locator"/>

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<link:label id="lab_us-gaap_ShareRepurchaseProgramDomain_F8C09DA9B9C3414DFA5A99FE6E0EDE94_terseLabel_en-US" xlink:label="lab_us-gaap_ShareRepurchaseProgramDomain_F8C09DA9B9C3414DFA5A99FE6E0EDE94" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Share Repurchase Program [Domain] </link:label>

<link:label id="lab_us-gaap_ShareRepurchaseProgramDomain_F8C09DA9B9C3414DFA5A99FE6E0EDE94_label_en-US" xlink:label="lab_us-gaap_ShareRepurchaseProgramDomain_F8C09DA9B9C3414DFA5A99FE6E0EDE94" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share Repurchase Program [Domain] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareRepurchaseProgramDomain" xlink:label="loc_us-gaap_ShareRepurchaseProgramDomain_F8C09DA9B9C3414DFA5A99FE6E0EDE94" xlink:type="locator"/>

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<link:label id="lab_stt_TwoThousandandSeventeenShareRepurchaseProgramMember_9B8BEC79390917A4645A99FE6E0E68DB_terseLabel_en-US" xlink:label="lab_stt_TwoThousandandSeventeenShareRepurchaseProgramMember_9B8BEC79390917A4645A99FE6E0E68DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2017 Program </link:label>

<link:label id="lab_stt_TwoThousandandSeventeenShareRepurchaseProgramMember_9B8BEC79390917A4645A99FE6E0E68DB_label_en-US" xlink:label="lab_stt_TwoThousandandSeventeenShareRepurchaseProgramMember_9B8BEC79390917A4645A99FE6E0E68DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Two Thousand and Seventeen Share Repurchase Program [Member] </link:label>

<link:label id="lab_stt_TwoThousandandSeventeenShareRepurchaseProgramMember_9B8BEC79390917A4645A99FE6E0E68DB_documentation_en-US" xlink:label="lab_stt_TwoThousandandSeventeenShareRepurchaseProgramMember_9B8BEC79390917A4645A99FE6E0E68DB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Two Thousand and Seventeen Share Repurchase Program [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_TwoThousandandSeventeenShareRepurchaseProgramMember" xlink:label="loc_stt_TwoThousandandSeventeenShareRepurchaseProgramMember_9B8BEC79390917A4645A99FE6E0E68DB" xlink:type="locator"/>

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<link:label id="lab_stt_A2016ShareRepurchaseProgramMember_0E6F497B097DDEA9F03499FE6E0E2E87_terseLabel_en-US" xlink:label="lab_stt_A2016ShareRepurchaseProgramMember_0E6F497B097DDEA9F03499FE6E0E2E87" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2016 Program </link:label>

<link:label id="lab_stt_A2016ShareRepurchaseProgramMember_0E6F497B097DDEA9F03499FE6E0E2E87_label_en-US" xlink:label="lab_stt_A2016ShareRepurchaseProgramMember_0E6F497B097DDEA9F03499FE6E0E2E87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> 2016 Share Repurchase Program [Member] </link:label>

<link:label id="lab_stt_A2016ShareRepurchaseProgramMember_0E6F497B097DDEA9F03499FE6E0E2E87_documentation_en-US" xlink:label="lab_stt_A2016ShareRepurchaseProgramMember_0E6F497B097DDEA9F03499FE6E0E2E87" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> 2016 Share Repurchase Program [Member] </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_A2016ShareRepurchaseProgramMember" xlink:label="loc_stt_A2016ShareRepurchaseProgramMember_0E6F497B097DDEA9F03499FE6E0E2E87" xlink:type="locator"/>

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<link:label id="lab_us-gaap_EquityClassOfTreasuryStockLineItems_EA6B8D92AA96A0E0BD0C99FE6E0E3791_terseLabel_en-US" xlink:label="lab_us-gaap_EquityClassOfTreasuryStockLineItems_EA6B8D92AA96A0E0BD0C99FE6E0E3791" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity, Class of Treasury Stock [Line Items] </link:label>

<link:label id="lab_us-gaap_EquityClassOfTreasuryStockLineItems_EA6B8D92AA96A0E0BD0C99FE6E0E3791_label_en-US" xlink:label="lab_us-gaap_EquityClassOfTreasuryStockLineItems_EA6B8D92AA96A0E0BD0C99FE6E0E3791" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity, Class of Treasury Stock [Line Items] </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityClassOfTreasuryStockLineItems" xlink:label="loc_us-gaap_EquityClassOfTreasuryStockLineItems_EA6B8D92AA96A0E0BD0C99FE6E0E3791" xlink:type="locator"/>

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<link:label id="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_B58C9DE94F0B7A1A2F1A99FE6E0FADA7_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_B58C9DE94F0B7A1A2F1A99FE6E0FADA7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amount of common stock authorized for repurchase </link:label>

<link:label id="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_B58C9DE94F0B7A1A2F1A99FE6E0FADA7_label_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_B58C9DE94F0B7A1A2F1A99FE6E0FADA7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Repurchase Program, Authorized Amount </link:label>

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<link:label id="lab_us-gaap_StockRepurchasedDuringPeriodShares_499832E1D6A2FB66F6E299FE6E0F85A1_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodShares_499832E1D6A2FB66F6E299FE6E0F85A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Shares Purchased </link:label>

<link:label id="lab_us-gaap_StockRepurchasedDuringPeriodShares_499832E1D6A2FB66F6E299FE6E0F85A1_label_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodShares_499832E1D6A2FB66F6E299FE6E0F85A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Repurchased During Period, Shares </link:label>

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<link:label id="lab_us-gaap_TreasuryStockAcquiredAverageCostPerShare_124386FF0FD49BB0596399FE6E0FE00E_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockAcquiredAverageCostPerShare_124386FF0FD49BB0596399FE6E0FE00E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Average Cost per Share (USD per share) </link:label>

<link:label id="lab_us-gaap_TreasuryStockAcquiredAverageCostPerShare_124386FF0FD49BB0596399FE6E0FE00E_label_en-US" xlink:label="lab_us-gaap_TreasuryStockAcquiredAverageCostPerShare_124386FF0FD49BB0596399FE6E0FE00E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock Acquired, Average Cost Per Share </link:label>

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<link:label id="lab_us-gaap_StockRepurchasedDuringPeriodValue_0D0376C9E5FF756E905599FE6E0FFBB1_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodValue_0D0376C9E5FF756E905599FE6E0FFBB1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total Purchased </link:label>

<link:label id="lab_us-gaap_StockRepurchasedDuringPeriodValue_0D0376C9E5FF756E905599FE6E0FFBB1_label_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodValue_0D0376C9E5FF756E905599FE6E0FFBB1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Repurchased During Period, Value </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodValue" xlink:label="loc_us-gaap_StockRepurchasedDuringPeriodValue_0D0376C9E5FF756E905599FE6E0FFBB1" xlink:type="locator"/>

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<link:label id="lab_stt_DisposalGroupConsiderationReceivedEquityInterestsReceivedorReceivable_95BDF96D582828A50CEA99FE6E0FDA91_verboseLabel_en-US" xlink:label="lab_stt_DisposalGroupConsiderationReceivedEquityInterestsReceivedorReceivable_95BDF96D582828A50CEA99FE6E0FDA91" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Common stock received in acquisition </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_DisposalGroupConsiderationReceivedEquityInterestsReceivedorReceivable" xlink:label="loc_stt_DisposalGroupConsiderationReceivedEquityInterestsReceivedorReceivable_95BDF96D582828A50CEA99FE6E0FDA91" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_DisposalGroupConsiderationReceivedEquityInterestsReceivedorReceivable_95BDF96D582828A50CEA99FE6E0FDA91" xlink:to="lab_stt_DisposalGroupConsiderationReceivedEquityInterestsReceivedorReceivable_95BDF96D582828A50CEA99FE6E0FDA91" xlink:type="arc"/>

<link:label id="lab_stt_SecuritiesBorrowedSubjectToMasterNettingArrangements_3460B8EE9C5DBF02EA7A7A9009F4F54E_verboseLabel_en-US" xlink:label="lab_stt_SecuritiesBorrowedSubjectToMasterNettingArrangements_3460B8EE9C5DBF02EA7A7A9009F4F54E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Receivable - securities lending </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_SecuritiesBorrowedSubjectToMasterNettingArrangements" xlink:label="loc_stt_SecuritiesBorrowedSubjectToMasterNettingArrangements_3460B8EE9C5DBF02EA7A7A9009F4F54E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_SecuritiesBorrowedSubjectToMasterNettingArrangements_3460B8EE9C5DBF02EA7A7A9009F4F54E" xlink:to="lab_stt_SecuritiesBorrowedSubjectToMasterNettingArrangements_3460B8EE9C5DBF02EA7A7A9009F4F54E" xlink:type="arc"/>

<link:label id="lab_stt_UnrealizedGainsOnDerivativeInstruments_1718ADFD0940394C0B327A9009F5668E_terseLabel_en-US" xlink:label="lab_stt_UnrealizedGainsOnDerivativeInstruments_1718ADFD0940394C0B327A9009F5668E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative instruments, net </link:label>

<link:label id="lab_stt_UnrealizedGainsOnDerivativeInstruments_1718ADFD0940394C0B327A9009F5668E_label_en-US" xlink:label="lab_stt_UnrealizedGainsOnDerivativeInstruments_1718ADFD0940394C0B327A9009F5668E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unrealized Gains On Derivative Instruments </link:label>

<link:label id="lab_stt_UnrealizedGainsOnDerivativeInstruments_1718ADFD0940394C0B327A9009F5668E_documentation_en-US" xlink:label="lab_stt_UnrealizedGainsOnDerivativeInstruments_1718ADFD0940394C0B327A9009F5668E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Unrealized Gains On Derivative Instruments </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_UnrealizedGainsOnDerivativeInstruments" xlink:label="loc_stt_UnrealizedGainsOnDerivativeInstruments_1718ADFD0940394C0B327A9009F5668E" xlink:type="locator"/>

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<link:label id="lab_us-gaap_BankOwnedLifeInsurance_EB042271CAD3E7AE04817A9009F47408_terseLabel_en-US" xlink:label="lab_us-gaap_BankOwnedLifeInsurance_EB042271CAD3E7AE04817A9009F47408" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Bank-owned life insurance </link:label>

<link:label id="lab_us-gaap_BankOwnedLifeInsurance_EB042271CAD3E7AE04817A9009F47408_label_en-US" xlink:label="lab_us-gaap_BankOwnedLifeInsurance_EB042271CAD3E7AE04817A9009F47408" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Bank Owned Life Insurance </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BankOwnedLifeInsurance" xlink:label="loc_us-gaap_BankOwnedLifeInsurance_EB042271CAD3E7AE04817A9009F47408" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BankOwnedLifeInsurance_EB042271CAD3E7AE04817A9009F47408" xlink:to="lab_us-gaap_BankOwnedLifeInsurance_EB042271CAD3E7AE04817A9009F47408" xlink:type="arc"/>

<link:label id="lab_us-gaap_EquityMethodInvestments_4126B9020FD4CA8B91FE7A9009F5F10C_verboseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestments_4126B9020FD4CA8B91FE7A9009F5F10C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Investments in joint ventures and other unconsolidated entities </link:label>

<link:label id="lab_us-gaap_EquityMethodInvestments_4126B9020FD4CA8B91FE7A9009F5F10C_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestments_4126B9020FD4CA8B91FE7A9009F5F10C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Method Investments </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="loc_us-gaap_EquityMethodInvestments_4126B9020FD4CA8B91FE7A9009F5F10C" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestments_4126B9020FD4CA8B91FE7A9009F5F10C" xlink:to="lab_us-gaap_EquityMethodInvestments_4126B9020FD4CA8B91FE7A9009F5F10C" xlink:type="arc"/>

<link:label id="lab_us-gaap_DepositLiabilitiesCollateralIssuedFinancialInstruments_FA5D029C3D7FD1B7D0917A9009F51DBE_terseLabel_en-US" xlink:label="lab_us-gaap_DepositLiabilitiesCollateralIssuedFinancialInstruments_FA5D029C3D7FD1B7D0917A9009F51DBE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Collateral, net </link:label>

<link:label id="lab_us-gaap_DepositLiabilitiesCollateralIssuedFinancialInstruments_FA5D029C3D7FD1B7D0917A9009F51DBE_label_en-US" xlink:label="lab_us-gaap_DepositLiabilitiesCollateralIssuedFinancialInstruments_FA5D029C3D7FD1B7D0917A9009F51DBE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deposit Liabilities, Collateral Issued, Financial Instruments </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DepositLiabilitiesCollateralIssuedFinancialInstruments" xlink:label="loc_us-gaap_DepositLiabilitiesCollateralIssuedFinancialInstruments_FA5D029C3D7FD1B7D0917A9009F51DBE" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepositLiabilitiesCollateralIssuedFinancialInstruments_FA5D029C3D7FD1B7D0917A9009F51DBE" xlink:to="lab_us-gaap_DepositLiabilitiesCollateralIssuedFinancialInstruments_FA5D029C3D7FD1B7D0917A9009F51DBE" xlink:type="arc"/>

<link:label id="lab_us-gaap_AccountsReceivableNet_1FCD4AA79A6A1DB0B34E7A9009F55592_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsReceivableNet_1FCD4AA79A6A1DB0B34E7A9009F55592" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accounts receivable </link:label>

<link:label id="lab_us-gaap_AccountsReceivableNet_1FCD4AA79A6A1DB0B34E7A9009F55592_label_en-US" xlink:label="lab_us-gaap_AccountsReceivableNet_1FCD4AA79A6A1DB0B34E7A9009F55592" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounts Receivable, Net </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsReceivableNet" xlink:label="loc_us-gaap_AccountsReceivableNet_1FCD4AA79A6A1DB0B34E7A9009F55592" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsReceivableNet_1FCD4AA79A6A1DB0B34E7A9009F55592" xlink:to="lab_us-gaap_AccountsReceivableNet_1FCD4AA79A6A1DB0B34E7A9009F55592" xlink:type="arc"/>

<link:label id="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_D9399F382DB6D060AA247A9009F5F90E_terseLabel_en-US" xlink:label="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_D9399F382DB6D060AA247A9009F5F90E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Prepaid expenses </link:label>

<link:label id="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_D9399F382DB6D060AA247A9009F5F90E_label_en-US" xlink:label="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_D9399F382DB6D060AA247A9009F5F90E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Prepaid Expense </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PrepaidExpenseCurrentAndNoncurrent" xlink:label="loc_us-gaap_PrepaidExpenseCurrentAndNoncurrent_D9399F382DB6D060AA247A9009F5F90E" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrepaidExpenseCurrentAndNoncurrent_D9399F382DB6D060AA247A9009F5F90E" xlink:to="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_D9399F382DB6D060AA247A9009F5F90E" xlink:type="arc"/>

<link:label id="lab_stt_ReceivableForSecuritySettlement_1390D76148F5B79EC9997A9009F5B7B2_terseLabel_en-US" xlink:label="lab_stt_ReceivableForSecuritySettlement_1390D76148F5B79EC9997A9009F5B7B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Receivable for securities settlement </link:label>

<link:label id="lab_stt_ReceivableForSecuritySettlement_1390D76148F5B79EC9997A9009F5B7B2_label_en-US" xlink:label="lab_stt_ReceivableForSecuritySettlement_1390D76148F5B79EC9997A9009F5B7B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Receivable For Security Settlement </link:label>

<link:label id="lab_stt_ReceivableForSecuritySettlement_1390D76148F5B79EC9997A9009F5B7B2_documentation_en-US" xlink:label="lab_stt_ReceivableForSecuritySettlement_1390D76148F5B79EC9997A9009F5B7B2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Recievable For Security Settlement </link:label>

<link:loc xlink:href="stt-20170630.xsd#stt_ReceivableForSecuritySettlement" xlink:label="loc_stt_ReceivableForSecuritySettlement_1390D76148F5B79EC9997A9009F5B7B2" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stt_ReceivableForSecuritySettlement_1390D76148F5B79EC9997A9009F5B7B2" xlink:to="lab_stt_ReceivableForSecuritySettlement_1390D76148F5B79EC9997A9009F5B7B2" xlink:type="arc"/>

<link:label id="lab_us-gaap_IncomeTaxesReceivable_D7C3E2096AD14654B5997A9009F5838C_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxesReceivable_D7C3E2096AD14654B5997A9009F5838C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income taxes receivable </link:label>

<link:label id="lab_us-gaap_IncomeTaxesReceivable_D7C3E2096AD14654B5997A9009F5838C_label_en-US" xlink:label="lab_us-gaap_IncomeTaxesReceivable_D7C3E2096AD14654B5997A9009F5838C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Taxes Receivable, Current </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxesReceivable" xlink:label="loc_us-gaap_IncomeTaxesReceivable_D7C3E2096AD14654B5997A9009F5838C" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxesReceivable_D7C3E2096AD14654B5997A9009F5838C" xlink:to="lab_us-gaap_IncomeTaxesReceivable_D7C3E2096AD14654B5997A9009F5838C" xlink:type="arc"/>

<link:label id="lab_us-gaap_DeferredTaxAssetsLiabilitiesNet_5FC39CEBF4A795C661357A9009F56B72_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsLiabilitiesNet_5FC39CEBF4A795C661357A9009F56B72" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred tax assets, net of valuation allowance </link:label>

<link:label id="lab_us-gaap_DeferredTaxAssetsLiabilitiesNet_5FC39CEBF4A795C661357A9009F56B72_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsLiabilitiesNet_5FC39CEBF4A795C661357A9009F56B72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Tax Assets, Net </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="loc_us-gaap_DeferredTaxAssetsLiabilitiesNet_5FC39CEBF4A795C661357A9009F56B72" xlink:type="locator"/>

<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsLiabilitiesNet_5FC39CEBF4A795C661357A9009F56B72" xlink:to="lab_us-gaap_DeferredTaxAssetsLiabilitiesNet_5FC39CEBF4A795C661357A9009F56B72" xlink:type="arc"/>

<link:label id="lab_us-gaap_DepositsWithClearingOrganizationsAndOthersSecurities_98F4972BBB29D87D7DB57A9009F58979_terseLabel_en-US" xlink:label="lab_us-gaap_DepositsWithClearingOrganizationsAndOthersSecurities_98F4972BBB29D87D7DB57A9009F58979" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deposits with clearing organizations </link:label>

<link:label id="lab_us-gaap_DepositsWithClearingOrganizationsAndOthersSecurities_98F4972BBB29D87D7DB57A9009F58979_label_en-US" xlink:label="lab_us-gaap_DepositsWithClearingOrganizationsAndOthersSecurities_98F4972BBB29D87D7DB57A9009F58979" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deposits with Clearing Organizations and Others, Securities </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DepositsWithClearingOrganizationsAndOthersSecurities" xlink:label="loc_us-gaap_DepositsWithClearingOrganizationsAndOthersSecurities_98F4972BBB29D87D7DB57A9009F58979" xlink:type="locator"/>

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<link:label id="lab_us-gaap_OtherAssetsMiscellaneous_1FE916C6ECAE3FF4396C7A9009F569E4_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsMiscellaneous_1FE916C6ECAE3FF4396C7A9009F569E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>

<link:label id="lab_us-gaap_OtherAssetsMiscellaneous_1FE916C6ECAE3FF4396C7A9009F569E4_label_en-US" xlink:label="lab_us-gaap_OtherAssetsMiscellaneous_1FE916C6ECAE3FF4396C7A9009F569E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets, Miscellaneous </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsMiscellaneous" xlink:label="loc_us-gaap_OtherAssetsMiscellaneous_1FE916C6ECAE3FF4396C7A9009F569E4" xlink:type="locator"/>

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<link:label id="lab_us-gaap_OtherAssets_A3DBEDE336E91A46E0027A9009F5A6D0_totalLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_A3DBEDE336E91A46E0027A9009F5A6D0" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total </link:label>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_A3DBEDE336E91A46E0027A9009F5A6D0" xlink:type="locator"/>

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<link:label id="lab_us-gaap_DividendsPayableTable_212593EC76DF3A531CFB7A9006FC3790_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsPayableTable_212593EC76DF3A531CFB7A9006FC3790" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dividends Payable [Table] </link:label>

<link:label id="lab_us-gaap_DividendsPayableTable_212593EC76DF3A531CFB7A9006FC3790_label_en-US" xlink:label="lab_us-gaap_DividendsPayableTable_212593EC76DF3A531CFB7A9006FC3790" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends Payable [Table] </link:label>

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Filing Submission 0000093751-17-000435 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

State Street Corp – ‘10-Q’ for 6/30/17 – ‘EX-101.LAB’

On: Friday, 8/4/17, at 7:02am ET · For: 6/30/17 · Accession #: 93751-17-435 · File #: 1-07511

Previous ‘10-Q’: ‘10-Q’ on 5/4/17 for 3/31/17 · Next: ‘10-Q’ on 11/1/17 for 9/30/17 · Latest: ‘10-Q’ on 5/2/24 for 3/31/24

Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34Filing Table of Contents

‘EX-101.LAB’ — XBRL Labels — stt-20170630_lab

This Exhibit is an XBRL XML File.

Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents