New York State Teachers’ Retirement System, Albany, expects to name a custody provider and securities lending agent next week, said Candice Ronesi, spokeswoman for the $80 billion system. She said 21 firms were invited to bid, including incumbent Deutsche Bank, which handled both functions and whose five-year contract had expired. The plan reviews its custody and securities lending relationships every two or three years, Ms. Ronesi said.
New York State Teachers' Retirement System, Albany, expects to name a...
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