Newsmakers
BT Pension Plan Lost £11 Billion in Buildup to U.K. Bond Meltdown
Despite the steep loss, CEO Morten Nilsson says there is ‘no worsening’ in the plan’s funding position.
The Miami pensions call the bank’s failure to prevent massive error ‘deliberately reckless.’
Margaret Brown, a frequent critic of investment staff and the board, is up for re-election—and some of her peers are supporting her opponent.