State Street opens new office in S. Korea

State Street has obtained regulatory approval to open a new representative office in Jeonju, home to one of the world's largest pension funds. The new office aims to strengthen State Street's presence in the country and enable it to deepen its client relationship with the National Pension Service of Korea (NPS). Ian Martin, head of Asia-Pacific at State Street, said: "We are delighted to move forward with our new office in Jeonju City." "Given the depth and breadth of this mandate, we believe our new office in Jeonju City will enable us to deliver strategic partnership to NPS throu...