It is the nation's largest manager of union pension funds, with its trust department managing or serving as custodian for $31 billion in assets.
Labor leaders said the investment was an important move to assure the future of the bank, which has $4.5 billion in assets and is the nation's largest manager of union pension funds, with its trust department managing or serving as custodian for $30 billion in assets.
If the state cannot afford to maintain and operate historic sites, Mr. Moffitt said, it should give nonprofit groups the option to serve as custodians.
My father, Bhagwat Singh Mewar, was the 75th in an unbroken chain of maharanas dating back to 734 A.D. who served as custodians of our region.
To serve as custodians of creation is not an empty title; it requires that we act, and with all the urgency this dire situation demands.
If most museums focus on protecting and displaying their collections, Jewish museums, according to Marc Masurovsky, a founder of the Holocaust Art Restitution Project, have a dual mission: to serve as custodians of a heritage and to research and return recovered objects.
Central banks serve as custodians of their countries' currencies and play an important role in supporting the stability of banks so companies can do business and the economy can function properly.
Mr. Madoff's firm served as custodian for its investments, meaning that he was free to not really invest the money that came in from customers.
But he couches the bank's recent actions in the language of the bank's anti-inflation mandate, rather than any attempt to serve as custodian of the European economy.
The second way, a custodianship, is easier: You simply name an adult to serve as "custodian" of the money.
