State Street Corp. opened an office in Doha, Qatar, to expand in the Middle East.
The Boston banking company has had an office in Dubai since 1993. The Qatar office, opened last week, will sell investment services and research through State Street Associates, the company's research unit. State Street had $15.3 trillion of assets under custody and $1.9 trillion under management on June 30. It provides financial services to institutional investors, including investment servicing, management, research, and trading.