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Stock impact report

State Street and QNB Group Sign Strategic Agreement to Launch New Custody Servicing Model

State Street Corporation (STT) 
Last state street corporation earnings: 4/17 07:38 am Check Earnings Report
US:NYSE Investor Relations: investors.statestreet.com
Company Research Source: Business Wire
Strengthening State Street’s Growth in Qatar and QNB’s International Presence BOSTON & DOHA, Qatar--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) and QNB Group today at the World Economic Forum (WEF), announced a strategic alliance to introduce a new custody servicing model in Qatar. Under this co-operation agreement, State Street and QNB Group have agreed to collaborate, with service agreements to be finalized and executed at a later date.In the presence of His Excellency Ali bin Ahmed Al Kuwari, Qatar’s Minister of Finance, the co-operation agreement was signed during the WEF currently held in Davos, Switzerland, marking a significant milestone in State Street’s ongoing expansion within the Gulf Cooperation Council (GCC) and supporting QNB’s accelerating international growth.This step reflects the strong market leadership of QNB Group, Qatar’s largest financial institution and a recognized leader in regional custody and asset-servicing capabilities. The agreement will als Show less Read more
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