Guatemala's central bank has hired State Street Corp. to provide global custody, accounting, and performance measurement services for $3.3 billion of assets.
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The autonomous Banco de Guatemala is Central America's largest. The Boston company announced Thursday.
State Street has gotten more custody customers in Latin America since buying Deutsche Bank's global securities services businesses in 2003. This year Profuturo GNP, the largest Mexican-owned pension fund administrator and the third-largest operating in Mexico, hired it to provide a range of global investment services.
State Street had $9.6 trillion of assets under custody and $1.4 trillion under management on June 30.
