BNET Business Dictionary
Business Definition for: Custodian
- a bank whose principal function is to maintain and grow the assets contained in a trust
Wiktionary Definition for: Custodian
- #A person entrusted with the custody or care of something or someone; a caretaker or keeper.
- Ex:''After their parents' death, their aunt became the children's '''custodian'''.''
- Ex:''The building's '''custodian''' could fix nearly anything, but it seemed he never did.''
- #(US) a janitor (US); a cleaner
Additional Resources
- Hirings.(The Andersons Inc. hired Sky Trust as global custodian for pension plan; notes other hirings)
- The Andersons MAUMEE, Ohio - The Andersons Inc. hired Sky Trust as global custodian for its $24 million pension plan, said Linda Lager, benefits administrator. Sky Trust replaces Key Bank, the plan's longtime custodian, because Sky Trust already h The Andersons ...
- Research articles 2003-07-07
- CMB BECOMES A QFII CUSTODIAN
- AsiaInfo Services 04-28-2003 CMB Becomes A QFII Custodian SHANGHAI, Apr 28, 2003 SinoCast via COMTEX -- Recently China Merchants Bank CMB obtained the qualification to provide QFIIs custodian services in trading of domestic securities. Previously, CMB had obtained funds custodian qualification...
- Research articles 2003-04-28
- BCP & The Custodian Bank
- From the executive summary: ‘In the United States, there are only a handful of custodian banks that process most of the securities and cash flowing through the financial markets, which makes it all the more critical they have sound business-continuity plans at the ready. Most custodian banks, because it is...
- White papers 2002-01-07
- News: Lancashire Council switches to single global custodian.
- The GBP2.4bn Lancashire County Council pension scheme has selected ABN Amro as its global custodian. The appointment follows the pension fund's decision to move to a single custodian. Lancashire previously used Citibank, Schroders Nominees, HSBC Bank, State Street, Bank of New...
- Research articles 2004-06-07
- News Just In... : Derbyshire Council to seek single external custodian after withdrawals.
- ABN Amro Mellon is under threat as custodian at a billion pound local authority pension scheme after the fund decided to consolidate its external custody provision. The GBP1.375bn Derbyshire County Council scheme announced its decision to tender for a custodian after two of its...
- Research articles 2004-11-29
- QFII CUSTODIAN QUALIFICATION TO BE AWARDED IN NEAR FUTURE
- AsiaInfo Services 01-23-2003 QFII Custodian Qualification to Be Awarded in Near Future BEIJING, Jan 23, 2003 SinoCast via COMTEX -- So far, none of the commercial banks has obtained the custodian certification for QFII. The first batch of certification will be...
- Research articles 2003-01-23
- Sample Car Rental Fleet Custodian Cover Letter
- Use this template as a cover letter to apply for the post of car rental fleet custodian. When writing a car rental fleet custodian cover letter, the applicant should mention previous employers and experience, especially if he or she has worked for another car rental agency. Tell the hiring manager...
- Tools & templates 2009-01-01
- Custodian
- The Custodian job description template includes the following job summary: Performs custodial duties and minor repairs. Assists in sanitation control and checks safety hazards. Receives supervision from school principal and lead custodian. Does not supervise any other employees. Additional information available includes essential job functions, additional responsibilities, and education and...
- Tools & templates 2007-09-09
- Citigroup ranks first in world's largest global custodian
- For the sixth year running, Citigroup ranks as the world's largest global custodian, with more than $4.5 trillion in cross-border assets, according to Institutional Investor magazine's annual international custody ranking. Citigroup surpasses competitor JFor the sixth year running, Citigroup ranks as the world's largest global custodian, with more than $4.5...
- Research articles 2005-09-22
- Hirings.(Abu Dhabi Pensions & Benefits Retirement Fund chose Northern Trust as its global custodian)(Alaska Permanent Fund Corp. portfolio management contracts with Lehman Brothers Alternative Investment Management and Pacific Alternative Asset Manage
- Abu Dhabi Pensions ABU DHABI - Abu Dhabi Pensions & Benefits Retirement Fund hired Northern Trust as its first global custodian, Northern Trust spokeswoman Alexis Geocaris confirmed. Ms. Geocaris declined to provide the size of the fund, sayin Abu Dhabi Pensions ...
- Research articles 2006-10-02
- Small custodian to compete with large players; Colorado firm hires Fiserv exec to guide expansion.(News)
- Byline: Brooke Southall SAN FRANCISCO - Stephen A. Finn has placed two outsize wagers in the past few years, and his tiny custodian is starting to win assets from big advisory firms. "I anted up twice''...
- Research articles 2005-12-19
- News Briefs; Massachusetts plan sues custodian Mellon, over breach of contract and other claims.(News)(Middlesex Retirement System )
- BILLERICA, Mass. - The Middlesex Retirement System filed suit July 10 against the $511 million plan's custodian, Mellon Financial, alleging breach of contract, breach of warranty, and negligent representation among other claims. The suit, filed in Mi BILLERICA, Mass. - The Middlesex Retirement System filed suit...
- Research articles 2003-07-21
- Institutional Investor Ranks Citi the Number-One Global Custodian for Seventh Consecutive Year
- NEW YORK -- Citi today announced that it has been recognized as the number one global custodian in Institutional Investor's annual Global Custodian Ranking for 2007. This achievement marks the seventh consecutive year that Citi has topped the publication's league tables for global custody assets.
- Research articles 2007-11-19
- Derbyshire County Council Appoints ABN AMRO Mellon Global Custodian of GBP1.45bn Pension Fund.
- LONDON, March 21 /PRNewswire/ -- ABN AMRO Mellon has been appointed global custodian of Derbyshire County Council's GBP1.45bn pension fund, comprising four separate portfolios. ABN AMRO Mellon will provide custody and cash management services. Th LONDON, March 21 /PRNewswire/ -- ...
- Research articles 2005-03-21
- ICBC APPOINTED AS QFII CUSTODIAN BANK BY CSFB
- AsiaInfo Services 07-31-2003 ICBC Appointed as QFII Custodian Bank by CSFB CHINA, Jul 31, 2003 SinoCast via COMTEX -- The Industrial & Commercial Bank of China the ICBC recently declared that it had been appointed as the AFII domest AsiaInfo...
- Research articles 2003-07-31
- News: China awards Citibank QFII custodian licence.(qualified foreign institutional investors )(Brief Article)
- Citibank has been granted a licence to provide custodian services in mainland China to qualified foreign institutional investors QFIIs. Citibank has been granted a licence to provide custodian services in mainland China to qualified foreign institutional investors QFIIs.
- Research articles 2003-04-07
- News: BNY wins Kimberly Clark global mandate.(Bank of New York is named global custodian of Kimberly Clark's UK pension fund )
- The Bank of New York BNY has been appointed by Kimberly Clark as global custodian to the firm's UK pension fund. The Bank of New York BNY has been appointed by Kimberly Clark as global custodian to the firm's UK pension fund.
- Research articles 2003-02-24
- News: Hancock appoints JPMorgan custodian.(J.P. Morgan Investor Services hired by John Hancock Financial Services Inc.)(Brief Article)
- John Hancock Financial Services has hired JPMorgan Investor Services as custodian for $30m in general account assets. John Hancock Financial Services has hired JPMorgan Investor Services as custodian for $30m in general account assets.
- Research articles 2004-05-03
- News: ABN appointed as custodian for E1.1bn Gerling NCM fund.(ABN AMRO Mellon)(Gerling NCM Credit und Finance AG)
- Gerling NCM has replaced Deutsche Bank with ABN Amro Mellon as custodian for its e1.1bn fund because ABN offered more services. Gerling NCM has replaced Deutsche Bank with ABN Amro Mellon as custodian for its e1.1bn fund because ABN offered more services.
- Research articles 2003-01-13
- News: ABN Amro to be global custodian for Derbyshire.
- The GBP1.45bn Derbyshire County Council pension fund has appointed ABN Amro Mellon as its global custodian. The GBP1.45bn Derbyshire County Council pension fund has appointed ABN Amro Mellon as its global custodian.
- Research articles 2005-03-28
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