STT.N financial opens new office in Abu Dhabi

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."

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.