Intesa Sanpaolo expands partnership with State Street Bank
Intesa Sanpaolo expands its partnership with State Street Bank through the sale of an IT branch and the outsourcing of back-office activities in support of custody services. The transaction will enable Intesa Sanpaolo to:
- increase operational efficiency and the level of service to its customers
- mitigate risks, reduce costs and limit the impact of investments required by regulatory developments.
“We are delighted to continue and expand our partnership with State Street, which has lasted for over 15 years and confirms Intesa Sanpaolo as a reliable and strategic partner for financial institutions in both the domestic and international markets, with a specialized and global commercial approach that offers innovative, customized, and integrated solutions for custody, securities administration, settlement, and clearing operations”
Stefano Favale, Head of Global Transaction Banking at Intesa Sanpaolo
State Street Bank International GmbH is the Italian branch of the US group State Street Corporation, one of the world's largest asset management and investment services companies.
Last updated 11 November 2025 at 10:07:32
