The Bank of New York has been re-selected by the Treasurer of the State of Ohio to provide global custody and foreign exchange services for the State Teachers Retirement System of Ohio’s $12 billion in global assets.
Patrick E. Curtin, executive vice president at The Bank of New York, said, “This renewal appointment demonstrates our dedication to meeting the special requirements of public fund plans. The State Teachers Retirement System of Ohio will benefit from our responsive service, flexible reporting options and ability to deliver a suite of integrated products and services that meets their complex needs.”
The Bank of New York’s Plan Sponsor Services Division’s services include currency overlay, investment and cash management, investment risk management, performance measurement analytics, master trust, custody, retirement plan services, securities lending, and trade execution.