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Stock impact report

State Street Launches MENA Regional Headquarters in Riyadh

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
Marking a milestone of its long-term commitment to Saudi Arabia and support in growing the Kingdom’s global significance RIYADH, Saudi Arabia--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced the official launch of its Middle East and North Africa Regional Headquarters (RHQ) in Riyadh, Kingdom of Saudi Arabia, following approval from the Ministry of Investment Saudi Arabia (MISA).State Street has been serving clients in the Kingdom of Saudi Arabia for over 25 years. In 2020, State Street established local operations in the Kingdom. Today, assets under custody and/or administration have grown to $127 billion while assets under management have grown to $60 billion for clients in the Kingdom.In addition, in 2024 State Street Saudi Arabia became the 11th investment center of State Street Investment Management globally, with the ability to manage portfolios for institutional investors in the Kingdom locally.Oliver Berger, head of Strategic Growth Markets, commented: Show less Read more
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