British Airways PLC, London, hired State Street Corp. as global custodian, securities lending agent and fund accountant for its £10 billion ($19.3 billion) pension fund, confirmed John Birch, managing director. State Street will also provide performance measurement and evaluation. The business had been handled by Deutsche Bank's Global Securities Services, which State Street acquired in 2003. According to a news release from State Street, British Airways put the business up for bid earlier this year. Thomas Murray assisted.