Nicholas Lopardo, the chairman of State Street Corp.'s fast- growing global asset management business, has long been known as a demanding executive.

But Mr. Lopardo chuckles when he recounts how the troops reacted to his recent directive: that State Street increase its non-U.S. share of money under management from 20% to 50% by 2000.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.