Credit Suisse

Banks including Barclays and Goldman Sachs Group Inc. have almost $9 billion worth of high-risk loans and bonds weighing on their balance sheets and face a nervous wait for the credit markets to reopen before they can sell the debt.

Today is the last day to nominate M&A Mid-Market Award candidates. Fidelity buys life insurance company. Salesforce purchases retail tech provider. PE news from AEI, One Rock and Atlantic Street.

Thiam’s exit represents the culmination of a conflict between the CEO and Rohner that escalated after it emerged that top management hired detectives to follow former executive Iqbal Khan.

“You’ve got to see it to be it,” said NBC’s Stephanie Ruhle about the crucial role women’s networking groups play in financial services. Portfolia CEO Trish Costello and StarVest Partners co-founder Laura Sachar also spoke at the event.