State Street Corp. said it will open a new office in Manila in the second half of 2026, marking a major expansion of the global financial services firm’s Asia-Pacific operations.
As one of the world’s leading providers of financial services to institutional investors, State Street aims to strengthen its regional footprint and enhance processing capabilities alongside its existing network in Asia-Pacific.
“The Asia-Pacific region remains central to our long-term growth strategy,” said Ann Fogarty, chief operating officer for Investment Strategy. “The expansion into Manila is a key step in evolving our global operating model and supporting growing client demand across the region.”
Manila was chosen for its highly educated, young workforce and robust university system, which ensures a steady stream of talent with expertise in financial services and operations.
State Street currently operates 16 offices across Asia-Pacific and has maintained a presence in the region for over four decades.
As of March 31, the company reported USD54.5 trillion in assets under custody and administration, and USD5.6 trillion in assets under management, serving institutional investors in more than 100 markets worldwide.
