Thursday, June 20, 2013

Reuters: Money News: EXCLUSIVE - Banks vie to run Wal-Mart's coveted $15 bln retirement plan

Reuters: Money News
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EXCLUSIVE - Banks vie to run Wal-Mart's coveted $15 bln retirement plan
Jun 21st 2013, 00:10

REUTERS - Wal-Mart Stores Inc is considering bids from retirement plan managers to run its $15.6 billion 401(k) program, which has been administered by Bank of America's Merrill Lynch unit for 15 years, according to three sources familiar with the situation.

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