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Ex-EU leader under fire for taking Goldman Sachs job

Jose Manuel Barroso

Tens of thousands of people have put their names to a petition protesting against the appointment of a former European Union leader to the investment bank Goldman Sachs, calling the move "irresponsible" and "morally reprehensible."



SEC Building

C Suisse agrees to pay $90m penalty

The Securities and Exchange Commission announced that Credit Suisse has agreed to pay a $90m penalty and admit wrongdoing to settle charges that it misrepresented how it determined a key performance metric of its wealth management business.