EMCC European Monitoring Centre on Change

State Street Corporation

Company/Organisation:
State Street Corporation

Geographic Location

Country: Poland
Region: Miasto Krakow; Malopolskie; Poludniowy
Location of affected unit(s): Krakow

Company

Sector: Financial services
Financial and insurance activities
66 - Activities auxiliary to financial services and insurance activities

Employment Effects

Announcement Date: 06-05-2008
Type of Restructuring: Business expansion
Planned Job Creation: 1000

Additional Information

The American State Street Corporation, a global provider of financial services for institutional investors, has announced that it is to create approximately 1000 new jobs by opening a financial services centre in Kracow. As of May 2008, there is no information on when the new jobs will be created by. State Street Corporation has offices in 26 countries and employs over 27,000 staff around the world. Its customers include mutual fund, collective investment funds, corporate and public pension funds, companies and non-profit organizations.