BUSINESS

Nuns Propose Goldman Sachs Review Its Payment Policies

04/04/2011 08:34 am ET | Updated Jun 04, 2011

The Sisters of Saint Joseph of Boston, Sisters of Notre Dame de Namur, the Sisters of St Francis of Philadelphia and the Benedictine Sisters of Mt Angel - all investors in the bank - have put their name to a proposal to review its remuneration policies, after it emerged its five most senior employees were collectively awarded $69.5m (£43m) in pay last year.

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