State Street Bank International GmbH, München, Zweigniederlassung Zürich (formerly State Street Bank GmbH, München, Zweigniederlassung Zürich)

State Street Bank is an American custodian bank, providing a broad range of investment financial services, including investment servicing, investment research and trading, and investment management.

Bank Category

Branches of foreign banks

Financials

Total Assets (2017)
1 634.69 mln CHF  (+56.33%)
Number of Employees (2017)
89  (+2.90%)

State Street Bank International GmbH, München, Zweigniederlassung Zürich is the 97th largest bank in Switzerland in terms of total assets. In 2017 its total assets were 1 634,69 mln CHF, providing the bank with the market share of 0.05%. State Street Bank International GmbH, München, Zweigniederlassung Zürich is the 10th largest branches of foreign bank in Switzerland (out of 23 branches of foreign banks) having market share of 1.75% amongst the banks of this category. State Street Bank International GmbH, München, Zweigniederlassung Zürich had 89 employees in 2017.

State Street Bank International GmbH, München, Zweigniederlassung Zürich participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

Contacts

Zürich, Switzerland

State Street Bank International GmbH, München, Zweigniederlassung Zürich is located in Zürich.

Bank Identifiers

Company Number
CHE-113.846.314
Founded
2007

Financial Positions

Total Assets (2017)
1 634.69 mln CHF  (+56.33%)
Assets Under Management (2017)
92 777.50 mln CHF  (+2.34%)

In 2017 total assets of State Street Bank International GmbH, München, Zweigniederlassung Zürich were 1 634.69 mln CHF. Growth compared to the previous period (2016) was 56.33%. The evolution of the total assets of State Street Bank International GmbH, München, Zweigniederlassung Zürich is shown at Chart 1 below.

Total Assets of State Street Bank International GmbH, München, Zweigniederlassung Zürich.

Chart 1. Total Assets of State Street Bank International GmbH, München, Zweigniederlassung Zürich.

In 2017 assets under management of State Street Bank International GmbH, München, Zweigniederlassung Zürich were 92 777.50 mln CHF. Growth compared to the previous period (2016) was 2.34%. The evolution of the assets under management of State Street Bank International GmbH, München, Zweigniederlassung Zürich is shown at Chart 2 below.

Assets Under Management of State Street Bank International GmbH, München, Zweigniederlassung Zürich.

Chart 2. Assets Under Management of State Street Bank International GmbH, München, Zweigniederlassung Zürich.

Profit and Loss

Gross Profit (2017)
56.00 mln CHF  (+27.56%)
Operating Income (2017)
28.30 mln CHF  (+36.06%)
Annual Profit (2017)
22.30 mln CHF  (+35.98%)

In 2017 gross profit of State Street Bank International GmbH, München, Zweigniederlassung Zürich was 56.00 mln CHF. Growth compared to the previous period (2016) was 27.56%. The evolution of the gross profit of State Street Bank International GmbH, München, Zweigniederlassung Zürich is shown at Chart 3 below.

Gross Profit of State Street Bank International GmbH, München, Zweigniederlassung Zürich.

Chart 3. Gross Profit of State Street Bank International GmbH, München, Zweigniederlassung Zürich.

Recent changes in gross profit of State Street Bank International GmbH, München, Zweigniederlassung Zürich and its main components are shown in Table 1.

2016 2017 % change
Net Interest Income 1.7 1.4 -17.65%
Net Commission Income 19.7 22.9 +16.24%
Net Income from Trading Operations 0.0 0.0
Gross Profit 43.9 56.0 +27.56%
Table 1. Recent changes in gross profit of State Street Bank International GmbH, München, Zweigniederlassung Zürich (mln CHF).

In 2017 annual profit of State Street Bank International GmbH, München, Zweigniederlassung Zürich was 22.30 mln CHF. Growth compared to the previous period (2016) was 35.98%. The evolution of the annual profit of State Street Bank International GmbH, München, Zweigniederlassung Zürich is shown at Chart 4 below.

Annual Profit of State Street Bank International GmbH, München, Zweigniederlassung Zürich.

Chart 4. Annual Profit of State Street Bank International GmbH, München, Zweigniederlassung Zürich.

Number of Employees

Number of Employees (2017)
89  (+2.90%)

In 2017 there were 89 employees of State Street Bank International GmbH, München, Zweigniederlassung Zürich. Growth compared to the previous period (2016) was 2.90%. The evolution of the number of employees of State Street Bank International GmbH, München, Zweigniederlassung Zürich is shown at Chart 5 below.

Number of Employees of State Street Bank International GmbH, München, Zweigniederlassung Zürich.

Chart 5. Number of Employees of State Street Bank International GmbH, München, Zweigniederlassung Zürich.

Market Share and Rank (among banks in Switzerland)

Total Assets (2017)
97th (market share 0.05%)

In 2017 State Street Bank International GmbH, München, Zweigniederlassung Zürich was ranked the 97th largest bank in Switzerland in terms of total assets, having 0.05% of the domestic market share.

Market share of State Street Bank International GmbH, München, Zweigniederlassung Zürich (among banks in Switzerland)

Chart 6. Market share of State Street Bank International GmbH, München, Zweigniederlassung Zürich (among banks in Switzerland)

Several banks having the market shares and ranks closest to State Street Bank International GmbH, München, Zweigniederlassung Zürich are shown below.

RankNameTotal AssetsMarket Share
96 Falcon Private Bank AG1735.27 mln CHF0.05%
97 State Street Bank International GmbH, München, Zweigniederlassung Zürich1634.69 mln CHF0.05%
98 Banque Cramer & Cie SA1605.27 mln CHF0.05%
 

Market Share and Rank (among Branches of foreign banks in Switzerland)

Total Assets (2017)
10th (market share 1.75%)

In 2017 State Street Bank International GmbH, München, Zweigniederlassung Zürich was ranked the 10th largest branches of foreign bank in Switzerland in terms of total assets, having 1.75% of the category's market share.

Market share of State Street Bank International GmbH, München, Zweigniederlassung Zürich (among Branches of foreign banks in Switzerland)

Chart 7. Market share of State Street Bank International GmbH, München, Zweigniederlassung Zürich (among Branches of foreign banks in Switzerland)

Several branches of foreign banks having the market shares and ranks closest to State Street Bank International GmbH, München, Zweigniederlassung Zürich are shown below.

RankNameTotal AssetsMarket Share
9 RBC Investor Services Bank S.A., Esch-sur-Alzette, Zweigniederlassung Zürich2014.64 mln CHF2.16%
10 State Street Bank International GmbH, München, Zweigniederlassung Zürich1634.69 mln CHF1.75%
11 BNP PARIBAS SECURITIES SERVICES, Paris, succursale de Zurich1570.21 mln CHF1.68%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 CHF per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Switzerland are obliged to participate in Swiss deposit guarantee scheme.

In the case of State Street Bank International GmbH, München, Zweigniederlassung Zürich failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, commercial enterprises and public-sector offices
Covered Accounts  credit balances (e.g. personal accounts, savings accounts, investment accounts, salary accounts, numbered accounts, deposit accounts and current accounts)
Covered Currencies  all
Maximum Protected Amount  100 000 CHF
Paid In Currency  CHF

Further Information

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  CHE-113.846.314

European Presence: 12 banks in 10 countries

State Street Bank International GmbH, München, Zweigniederlassung Zürich operates under the brand name State Street. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Austria

Cayman Islands

France

Germany

Italy

Jersey

Luxembourg

Netherlands

Switzerland

  •  (this bank) State Street Bank International GmbH, München, Zweigniederlassung Zürich (Zürich)

United Kingdom

Defunct Banks: 2 banks in 2 countries

The following banks operating under State Street brand name has been recently closed down:

Italy

United Kingdom