City of Hartford (Conn.) pension fund named Citibank, Mellon Trust and State Street Bank & Trust as finalists in its search for a new custodian, said Kathleen Palm, treasurer of the $1.08 billion pension system. The firms will be interviewed this week, and the new custodian is expected to be named in two weeks, she said.
State Street is the current custodian. The RFP is part of a periodic review.