State Street Global Advisors, the investment management business of State Street Corp. (STT), said that it has appointed Barry Smith as global head of its Cash business.
In this new position, Smith will be responsible for all non-investment activities associated with SSgA's $500 billion global cash business, including distribution, pricing, product development, and client service.
He reports to James Kase, executive vice president and head of Global Sales and Marketing, and will work closely with the cash investment management team led by Steve Meier, executive vice president and Global Cash chief investment officer, to ensure a cohesive approach to building the business.
Smith joins SSgA from BlackRock, where he most recently served as managing director and head of the Private Label Cash Management business.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.