Dick Fuld appears to remain a Wall Street pariah.
Bank of America has said its mid-cycle stress test showed that the bank had enough capital to withstand a severe economic downturn.
Morgan Stanley said internal stress tests show the firm can weather a severe economic crisis with a profit while it sustains $7bn in trading and counterparty losses.
Citigroup could incur $21.2bn of losses over nine quarters through mid-2015 and stay above minimum regulatory capital levels in a severe financial downturn.
City are about to enter a crucial stage of their season, and it's only September so they'll be delighted to have their captain back.
In the five years since Lehman Brothers filed for bankruptcy, Wall Street and regulators have had plenty of time to reflect on what could – and should — have been done.
JPMorgan Chase has said that internal stress tests show the company would come through an economic crisis with more than enough capital to stay in business.
Ten months after the U.S. Justice Department hired an expert to distribute $2.3bn in recovered Bernie Madoff loot, the cash is sitting in a bank account with no clear plan for it to be distributed to victims.
BNP Paribas has announced several key appointments to strengthen its Securities Services franchise in Asia Pacific as it continues its expansion in the region.
Microsoft announced a $40 billion stock buyback on Tuesday, as well as a 22 percent dividend increase.