The bank will receive $645 million from the WaMu receivership estate in exchange for dropping more than $1 billion in indemnification claims.
The defunct lender's liquidating trust is opposing the payments to executives who were accused of contributing to its collapse.
A proposal to require auditors to disclose “critical audit matters” in their reports has generated apprehension among audit firms and pushback from CFOs.
The failed thrift's shell company could be a vehicle for Kohlberg Kravis Roberts' next leveraged buyout.
