Ohio Teachers retains BNY as global custodian

Ohio State Teachers Retirement System, Columbus, rehired Bank of New York as global custodian. Bank of New York will provide global custody and foreign exchange services for the $54 billion system's $12 billion in international holdings, said Kevin Heine, BNY spokesman. Bank of New York's previous two-year contract expired, and no RFP was issued, said Laura Ecklar, system spokeswoman.