While State Street Corp. is planning to eliminate 1,800 people, the firm is also looking to expand its back-office services beyond it existing customer base of seven. Hiring new people to achieve that growth is a possibility, executives of the firm said.

Meg McGrory Kelleher, a senior vice president and head of global business development and relationship management for the company’s wealth manager services unit, said State Street serves seven financial company clients, including three in Canada and the United Kingdom.

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