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BANKING & FINANCE - Jan. 30, 1992

From Times Staff and Wire Reports

CalPERS Picks Custodian: State Street Boston Corp. apparently has won a contest to take care of $64.7 billion in assets from the California pension fund, the largest public pension fund in the country. State Street spokesman George Russell confirmed that the bank had been selected as custodian for the California Public Employees Retirement System fund. Dewitt Bowmann, chief investment officer at CalPERS, said the decision was made last week.

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