The “good bank-bad bank” structure being discussed by Citi and US regulators resembles the October plan under which UBS said it would shift up to $60bn of illiquid securities to a fund owned by the Swiss National Bank, said a major Citigroup shareholder who was briefed on the plan by someone with direct knowledge of it.
Join Business Exchange
to access the most
relevant content for you,
filtered by like-minded
business professionals.
Learn more
Reactions to Citi considers ‘bad bank’ plan
Join Business Exchange
to access the most relevant content for you, filtered by like-minded business professionals. Learn more
account
account