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

State Street Bank International GmbH, München, Zweigniederlassung Zürich is the 120th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 1 045,70 mln CHF, providing the bank with the market share of 0.03%. State Street Bank International GmbH, München, Zweigniederlassung Zürich is the 10th largest branches of foreign bank in Switzerland (out of 26 banks) having market share of 1.38% amongst the banks of this category.

Rank in Switzerland
120th largest bank

Total Assets (2016)
1 045.70 mln CHF  (-6.51%)
Number of Employees (2016)
86  (+8.99%)

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.

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

Address
Zürich, Switzerland
Company Number
CHE-113.846.314
Founded
2007

Financial Positions

Total Assets (2016)
1 045.70 mln CHF  (-6.51%)
Assets Under Management (2016)
90 652.50 mln CHF  (+4.60%)

In 2016 total assets of State Street Bank International GmbH, München, Zweigniederlassung Zürich were 1 045.70 mln CHF. Decline compared to the previous period (2015) was -6.51%. 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 2016 assets under management of State Street Bank International GmbH, München, Zweigniederlassung Zürich were 90 652.50 mln CHF. Growth compared to the previous period (2015) was 4.60%. 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 (2016)
20.80 mln CHF  (+30.00%)
Annual Profit (2016)
16.40 mln CHF  (+32.26%)

In 2016 gross profit of State Street Bank International GmbH, München, Zweigniederlassung Zürich was 20.80 mln CHF. Growth compared to the previous period (2015) was 30.00%. 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.

2015 2016 % change
Net Interest Income 1.4 1.7 +21.43%
Net Commission Income 16.5 19.7 +19.39%
Net Income from Trading Operations 0.0 0.0
Net Income from Banking Operations 36.9 43.9 +18.97%
Gross Profit 16.0 20.8 +30.00%
Table 1. Recent changes in gross profit of State Street Bank International GmbH, München, Zweigniederlassung Zürich (mln CHF).

In 2016 annual profit of State Street Bank International GmbH, München, Zweigniederlassung Zürich was 16.40 mln CHF. Growth compared to the previous period (2015) was 32.26%. 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.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
120th (market share 0.03%)

In 2016 State Street Bank International GmbH, München, Zweigniederlassung Zürich was the 120th largest bank in Switzerland in terms of total assets, having 0.03% of market share.

Market share of State Street Bank International GmbH, München, Zweigniederlassung Zürich Chart 5. Market share of State Street Bank International GmbH, München, Zweigniederlassung Zürich

Several banks with market shares closest to State Street Bank International GmbH, München, Zweigniederlassung Zürich are shown below.

RankNameTotal AssetsMarket Share
119 EFG Bank European Financial Group SA1077.21 mln CHF0.03%
120 State Street Bank International GmbH, München, Zweigniederlassung Zürich1045.70 mln CHF0.03%
121 QNB (Suisse) SA1034.81 mln CHF0.03%
 

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

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

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