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Pension
Less than 1 min.Read

Pension Funds Launch $1.2bn Lawsuit Against Banks

By Business Journal

Investors including pension funds and asset managers in the United Kingdom have launched a £1 billion ($1.2 billion) lawsuit against five banks for losses related to a foreign exchange cartel, Morningstar reported.

The banks including U.K.-based Barclays P.L.C., U.S.-based Citibank N.A. and Royal Bank of Scotland Group P.L.C. have admitted their participation in the cartel. Regulators across the world have fined the banks $8.5 billion

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FEMONOMICS & WENOMOMICS: Why Women are Driving Rethinking of the Sales Model (1)

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When you recognise that women are not just the majority but actually the vast majority of consumers, and that their power is only going to increase, it completely changes the commercial urgency of getting to grips with women buyers. It’s extraordinary isn’t it how so much has been made of the emergence of China and India and of the impact of new technology on the world’s economic wellbeing – and yet a factor bigger than either of these dynamics has been comparatively ignored.

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0
By Tosin Osasona Nigeria’s post-1999 democratic era has coincided with...

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