New York City pension funds sue Wal-Mart

New York City pension funds sue Wal-Mart
NEW YORK — A group of New York City pension funds is suing current and former Wal-Mart executives, saying they mishandled an alleged bribery scheme at the world's largest retailer. The group filed a lawsuit on Monday in the Chancery Court of Delaware
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British Banks' Pension Funds Boosted Allocation to Cash in 2011
Three of the U.K.'s four largest banks put more of their pension fund assets into cash than any of the other twenty companies with the largest pension funds last year, according to a survey by the Bloomberg Risk newsletter.
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