State Street Corporation today announced that it has been appointed to provide custody and fund order services for Confuturo, a Chile-based insurance company that offers flexible, health, temporary.
Brian Bollen takes a look at the current state of the Central American market and explains how State Street and Apex’s presence looks set to move the dial
The Trade
State Street launches FX sales and trading desk in Brazil under emerging markets expansion
With the Brazil FX trading desk, State Street now has 13 FX sales and trading desks in operation globally as it targets emerging markets.
Boston-based investment bank State Street has rolled out FX trading and sales operations through its Brazilian bank subsidiary to boost its services in emerging markets.
State Street is offering FX trading and sales after acquiring control of Natixis Brasil SA – Banco Múltiplo, São Paulo-based institution, in 2019.
The launch means State Street now has 13 FX sales and trading desks globally, which provide liquidity and onshore access to clients alongside its custody services.