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STT.N financial opens new office in Abu Dhabi

Ahmed Yasser by Ahmed Yasser
12:33 PM September 10, 2018
STT.N financial opens new office in Abu Dhabi

The logo and trading symbol of financial services company State Street are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 8, 2017. REUTERS/Brendan McDermid

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CAIRO, SEP 10 (SEE ) – U.S. financial services provider State Street Corporation “STT.N” opened a new office in Abu Dhabi as it eyes growth prospects in the Middle East region Reuters reported on Monday.

The office said: “It will serve Middle East clients in areas including global custody, accounting, risk and performance analytics and securities lending.”

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State Street, presence in over 100 markets, will be led in the Middle East by Oliver Berger, senior executive officer for State Bank Trust and by Emmanuel Laurina, senior executive officer for State Street Global Advisors.

State Street is worth $2.7 trillion in assets; it has an office in Dubai, the regional financial hub for the last 26 years.

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