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Auction of Dick Fuld's Idaho estate postponed

Richard Fuld

Wednesday’s planned auction of a Sun Valley, Idaho, estate owned by Richard 'Dick' Fuld, who led Lehman Brothers into the biggest bankruptcy in U.S. history, was postponed for four weeks to let more bidders take part.

BofA's Moynihan faces stress test

Brian Moynihan With Batphone

When Bank of America shareholders gather next month to decide if Brian Moynihan can keep his chairman title, they won’t be the only ones about to weigh in on his career.

Citigroup settles for compliance and surveillance failures

SEC Building

The Securities and Exchange Commission has announced that Citigroup Global Markets has agreed to settle charges that it failed to enforce policies and procedures to prevent and detect securities transactions that could involve the misuse of material, non-public information.

Goldman to face Abacus lawsuit

Pointing The Finger

Goldman Sachs will have to defend in court against an investment insurer’s claims that it lied about billionaire John Paulson’s position in a security known as Abacus.



Tidjane Thiam

C Suisse boss gets vote of confidence

Credit Suisse’s Tidjane Thiam is the "right man" to lead the lender even though the bank has lost more than half of its market value since he took over, Chairman Urs Rohner said.