Buffett backs Wells Fargo board
Warren Buffett is likely to support Wells Fargo's bid to retain most of its directors, including chairman Stephen Sanger, despite the fake-accounts scandal, Debbie Bosanek, the billionaire investor’s assistant said. (NY Post)
Top shareholders press BHP on $26bn oil business
Four of the top 20 shareholders in BHP Billiton’s UK arm have urged the Anglo Australian resources group to evaluate hiving off the entire oil and gas business, which is estimated to be worth at least $26bn, according to analysts. (FT)
