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.

Address
Zürich, Switzerland
Bank Category
Branches of foreign banks
Start Date
2007
Total Assets (2015)
1 118.49 mln CHF  (+89.11%)
Number of Employees (2015)
79  (+49.06%)
Deposit Guarantee
100 000 CHF
Company Number
CHE-113.846.314

Financial Positions

Total Assets (2015)
1 118.49 mln CHF  (+89.11%)
Assets Under Management (2015)
86 662.20 mln CHF  (+88.32%)

In 2015 total assets of State Street Bank GmbH, München, Zweigniederlassung Zürich were 1 118.49 mln CHF. Growth compared to the previous period (2014) was 89.11%. The evolution of the total assets of State Street Bank GmbH, München, Zweigniederlassung Zürich is shown at Chart 1 below.

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

In 2015 assets under management of State Street Bank GmbH, München, Zweigniederlassung Zürich were 86 662.20 mln CHF. Growth compared to the previous period (2014) was 88.32%. The evolution of the assets under management of State Street Bank GmbH, München, Zweigniederlassung Zürich is shown at Chart 2 below.

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

Profit and Loss

Gross Profit (2015)
16.00 mln CHF  (+21.21%)
Annual Profit (2015)
12.40 mln CHF  (+26.53%)

In 2015 gross profit of State Street Bank GmbH, München, Zweigniederlassung Zürich was 16.00 mln CHF. Growth compared to the previous period (2014) was 21.21%. The evolution of the gross profit of State Street Bank GmbH, München, Zweigniederlassung Zürich is shown at Chart 3 below.

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

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

2014 2015 % change
Net Interest Income 1.2 1.4 +16.67%
Net Commission Income 10.5 16.5 +57.14%
Net Income from Trading Operations 0.0 0.0
Net Income from Banking Operations 28.9 36.9 +27.68%
Gross Profit 13.2 16.0 +21.21%
Table 1. Recent changes in gross profit of State Street Bank GmbH, München, Zweigniederlassung Zürich (mln CHF).

In 2015 annual profit of State Street Bank GmbH, München, Zweigniederlassung Zürich was 12.40 mln CHF. Growth compared to the previous period (2014) was 26.53%. The evolution of the annual profit of State Street Bank GmbH, München, Zweigniederlassung Zürich is shown at Chart 4 below.

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

Market Position and Market Share (among banks in Switzerland)

Total Assets (2015)
115th (market share 0.04%)

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 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