State Street extends strategic relationship with Intesa Sanpaolo
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State Street extends strategic relationship with Intesa Sanpaolo 11 November 2025Italy, US Reporter: Tahlia Kraefft
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State Street Corporation has announced the expansion of their strategic relationship with Intesa Sanpaolo, a banking group in Europe.
As part of this expanded relationship, State Street has entered into an agreement with Intesa Sanpaolo to outsource custody back office operations of the Italian bank, which will strengthen State Street’s position as a primary provider of securities services in Europe.
Built on a 15-year long collaboration between the two firms, this extended relationship expands State Street’s capabilities and enables the firm to enhance its custody offering for financial institutions in Continental Europe, while Intesa Sanpaolo increases operational efficiency and the level of service provided to customers.
Denis Dollaku, head of business for State Street Bank International GmbH and Italy country head, comments: “We are pleased to see our successful long term partnership with Intesa Sanpaolo expand further, which aligns with our strategic plan to deepen our position as a primary provider of securities services for European financial institutions.
“This represents an important milestone for State Street and highlights our commitment to Italy and dedication to delivering better outcomes for our clients in Europe.”
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