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State Street's FX business thrives despite competition from global banks
Published Tue, Nov 28, 2017 · 09:50 PM
Singapore
STATE Street Global Markets has a thriving foreign exchange business in Asia, competing head-on with the major banks.
Better known as one of the world's largest fund houses, Boston-based State Street is also a serious foreign exchange (FX) player. It has US$32.1 trillion in assets under custody and administration as well as US$2.67 trillion in assets under management as at Sept 30, 2017.
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