NYSE:STTCapital Markets
The Bull Case For State Street (STT) Could Change Following Its New Qatar Custody Alliance With QNB
Earlier this month, State Street Corporation and QNB Group announced a cooperation agreement at the World Economic Forum to create a new custody servicing model in Qatar, combining State Street’s global asset-servicing capabilities with QNB’s local market expertise and regulatory approvals.
By linking State Street’s trillions in global assets under custody with QNB’s regional custody platform, the alliance positions both institutions to play a larger role in Qatar’s evolving financial market...