US - Trustees of the New York City Pension Funds have asked four banks to review their foreclosure policies saying they could be causing unnecessary foreclosures.
The trustees filed shareholder proposals at JPMorgan Chase, Bank of America, Wells Fargo and Citigroup. The NYC Pension Funds consists of five retirement systems with a combined $106bn in assets. T...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
