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State Street Expands Global Operating Model with New Manila Office
Kamis, 21 Mei 2026 | 09:42
MANILA, PHILLIPINES -
Media OutReach Newswire
- 21 May 2026 - State Street Corporation (NYSE: STT), one of the
world's leading providers of financial services to institutional
investors, today announced the establishment of a new office in Manila,
the Philippines.
The new Manila office, scheduled to open in the second half of 2026,
will further strengthen State Street's global operating model and expand
its processing capabilities, complementing the firm's existing
operations across the Asia Pacific region.
"The Asia Pacific region is critical to our longterm growth strategy,"
said Ann Fogarty, chief operating officer for Investment Services, State
Street. "The expansion into Manila is an important step in the
continued evolution of our global operating model as we continue to
support significant client growth in the region."
Manila offers access to a young, diverse and highly educated workforce,
drawing talent from the city's wellestablished University Belt and its
strong pipeline of graduates with financial services and operations
expertise.
With USD54.5 trillion
1 in assets under custody and/or administration, State Street services more than 12% of the world's assets
2.
The firm operates in more than 100 geographic markets and employs
approximately 51,000 people worldwide. State Street established its
presence in Asia Pacific more than 40 years ago and today operates 16
offices across the region.
1 As of March 31, 2026
2 Represents State Street AUC/A of USD$54.5T as of
March 31, 2026, divided by Global Financial Assets, including Global
Equity, Global Debt Securities and Global Broad Money (M3), as of
December 31, 2024. Sources: SIFMA Markets Factbook, 2025; Organisation
for Economic Co-Operation (OECD), World Bank.
https://www.statestreet.com
BERITA LAINNYA
BERIKAN KOMENTAR