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State Street to add 600 jobs in Krakow


State Street, a global provider of financial services for institutional investors, on 28 February announced plans to take on at least 600 new staff at its European operations centre in Krakow over the next three years. The new jobs will be for graduates and experienced professionals with degrees or expertise in finance and accounting, mathematics, economics, and audit and consultancy services.

The Krakow centre was opened in 2007 and currently employs over 1,000 people, focusing on the provision of accounting services for investment funds in eight European countries. According to State Street, the unit will play a key role in its plan to double revenues from markets outside the United States in the years ahead.

State Street selected Krakow out of a pool of 20 candidate locations because of its abundant supply of well-qualified graduates and good office and communications infrastructure.

NYSE-listed State Street provides services ranging from investment management through research and trading to investment servicing.

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