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Monday Headlines: UBS to buy Credit Suisse for $2 billion
By Matt Stichnoth,
New York Post: UBS agrees to buy troubled Credit Suisse for more than $2B to ‘secure financial stability’
Financial Times: Credit Suisse bondholders in uproar over $17bn debt wipeout
Bloomberg: US Banks on Bumpy Path as First Republic’s Troubles Persist
New York Times: Global Banks Under Pressure as Investors Eye Fallout From Credit Suisse Rescue
Financial Times: Turmoil shines light on lifeline provided by small US banks
Wall Street Journal: First Republic, SVB, Credit Suisse Show How Higher Interest Rates Caught Up With Banks
Bloomberg: Bank Crisis Survivors Remember How Fast the Dominoes Can Fall
Financial Times: US regulator sells most of Signature Bank’s operations
Wall Street Journal: Signature Bank’s Quirky Mix of Customers Fueled Its Rise and Hastened Its Fall
New York Times: Fed Meets as Bank Chaos Collides With Inflation