Reuters reported early Thursday that Credit Suisse Group AG undertook decisive action to pre-emptively strengthen liquidity and announces public tender offers for debt securities.“Taking decisive action to pre-emptively strengthen its liquidity by intending to exercise its option to borrow from“Announces offers by Credit Suisse International to repurchase certain OPCO senior debt securities for cash of up to about CHF3 billion.
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Credit Suisse woes knock euro, sterling, Swiss FrancEuropean currencies fell sharply on Wednesday after Credit Suisse's tumble to a new low renewed worries about the European banking sector following Silicon Valley Bank's collapse. these will be affected
Source: Reuters - 🏆 2. / 97 Read more »
Stocks trim losses after report Credit Suisse, Swiss authorities hold talksU.S. stocks trimmed sharp losses Wednesday afternoon following a report that Swiss authorities and Credit Suisse held talks aimed at stabilizing the troubled... Bailout !? If you look at the history of Credit Susie $CS for the last 5 years, it's been tanking for a long time now. Credit Susie was tanking even during the Trump years. Why do people look to Credit Susie as an indicator of how the market is doing? Sounds like it's time for Credit Suisse to start playing the stock market!
Source: MarketWatch - 🏆 3. / 97 Read more »
Swiss National Bank will provide Credit Suisse financial support ‘if necessary’Shares of the Swiss banking giant fell nearly 20 percent in early trading, creating new uncertainty in the wake of Silicon Valley Bank’s collapse. one simply cannot trust junky america ,there needs to be an intervention So in other words, Credit Suisse is in huge trouble
Source: washingtonpost - 🏆 95. / 72 Read more »
Credit Suisse appeals to Swiss National Bank for show of support - FTCredit Suisse has appealed to the Swiss National Bank (SNB) for a public show of support, the Financial Times reported on Wednesday, after the bank's shares slid as much as 30% and sparked a broader sell-off in European and U.S. bank stocks. Yes
Source: Reuters - 🏆 2. / 97 Read more »
Swiss National Bank to provide liquidity to Credit Suisse ‘if necessary’The Swiss National Bank will provide liquidity to troubled lender Credit Suisse if necessary, the central bank said late Wednesday, in a joint statement with... Buy the stock. Will be a double move Oh oh. Money never Sleeps
Source: MarketWatch - 🏆 3. / 97 Read more »
Swiss National Bank says it would support credit Suisse if necessaryRegulators stated that the problems experienced by certain U.S. banks do not pose a risk for the Swiss financial system. Banks is always risky $BTC & $KAS regulation friendly ✅ No ICO ✅ Fair launch ✅ No dev allocations ✅ Driven by community ✅ Purely Decentralized (Pow) ✅ Secure ✅ No pre-mining But also Kaspa, ✅ More convenient ✅ Fastest pow (x32 with Rust upgrade) ✅ Most advanced Pow ever oxro dxgm
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