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Sec Building

Private equity firms said do better

Private equity firms, which three years ago became subject to oversight by the U.S. Securities and Exchange Commission, have fixed some of their worst deficiencies although their transparency could still improve, an SEC official said.

Goldman Crowned

People News: BofA, Goldman

Bank of America’s Tim Watson, hired in 2010 to oversee Canadian energy and power investment banking, has left the firm, according to a person familiar with the move.