State Street Bank International GmbH products, services and reviews

About State Street Bank International GmbH

State Street Bank International GmbH is a Munich‑headquartered credit institution within State Street Corporation that serves institutional clients across the European Economic Area, focusing on securities services rather than retail banking. The bank provides global custody, safekeeping and settlement, cash management, foreign exchange execution, collateral management, fund accounting, transfer agency in certain markets, and depositary services under UCITS and AIFMD, alongside middle‑office outsourcing and data and reporting solutions delivered through group platforms. Clients include asset managers, UCITS and alternative funds, pension schemes, insurers, and public sector institutions. The entity is authorised under the German Banking Act and is directly supervised as a significant institution within the ECB’s Single Supervisory Mechanism, with BaFin and Deutsche Bundesbank acting as national authorities; it is subject to CRR/CRD capital and liquidity requirements, publishes Pillar 3 disclosures and annual financial statements, and falls within the EU resolution framework overseen by the Single Resolution Board, including MREL obligations. Deposits are covered by the German statutory deposit guarantee scheme within legal limits, although the product set targets professional clients and many deposit types are excluded by law. Operations leverage a sub‑custodian network, SWIFT connectivity, and European market infrastructures (including T2/T2S), and services are delivered through branches in several EU financial centres under passporting regimes. Balance sheet activity is driven primarily by institutional deposits and short‑term placements, with revenue concentrated in servicing fees and net interest from cash balances, exposing results to interest‑rate movements, market activity, and regulatory change; the bank is also subject to EU AML/KYC, sanctions, and GDPR requirements.