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Wednesday Headlines: Banks take $1.5 billion loss on Citrix buyout loans
By Matt Stichnoth,
Financial Times: Wall Street suffers $1.5bn loss on Citrix buyout loans
New York Post: Frank founder allegedly scammed JPMorgan into $175M deal with fake data: feds
Bloomberg: UBS Chairman’s Top-Secret Prep Paid Off in Credit Suisse Moment
MarketWatch: Fed’s Mester sees ‘somewhat’ higher interest rates ahead
CNBC.com: Switzerland faced a full-scale bank run if Credit Suisse went bankrupt, Swiss regulator argues
Bloomberg: Mastercard to Require Banks to Use Recycled Materials for Cards
Financial Times: UBS shareholders line up to criticise Credit Suisse deal at AGM
Wall Street Journal: Deposit Outflows Shine Light on Fed Program That Pays Money-Market Funds
Financial Times: Vanguard plans exit from China joint venture
Bloomberg: Bank Slump Just a Blip to AT1 Evangelists Doubling Down on Trade