Richard Fuld, chairman and chief executive of Lehman Brothers, wants the US bank to boost its international presence, rank first or second in some business segments and improve its investment banking division to help double the bank's share price.

Fuld said in a recent Wharton Business School leadership lecture he wants the share price to reach $150, almost double its current level. Last month, he was granted a guaranteed share payout of $186m (€140m) over the next 10 years, based on a share price of $75.28.