UBS prefers to focus on its own wealth-centric strategy and is reluctant to take on risks related to Credit Suisse,
, as the smaller rival seeks additional time to complete its restructuring efforts after receiving financial support from the Swiss central bank.Wall Street bank JPMorgan on WednesdayCredit Suisse's takeover by another lender, probably UBS, was the most likely scenario for the embattled bank. Credit Suisse sought to restore investor confidence on Thursday by borrowing up to $54 billion from the Swiss National Bank after a slump in its shares had intensified fears of a global banking crisis set off by a collapse of two mid-sized U.S. lenders.
Everyone should oppose a bigger bank!
Debit Suisse was quick to ban Adani bonds only a few weeks ago.. Karma is really a b!th!
Tough titty!! Maybe you shouldn’t have taken such risks with peoples money like your playing monopoly and spunking it on your big bonuses and salaries whilst the rest are expected to bail you out !
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U.S. Treasury reviewing U.S. financial sector exposure to Credit Suisse - Bloomberg NewsThe U.S. Treasury Department is actively reviewing the U.S. financial sector's exposure to Credit Suisse Group AG after the bank's shares fell to a record low, Bloomberg reported on Wednesday citing people familiar with the matter. Of course it has. CS is banking giant and has its tentacles worldwide . $WFC is next. Bidet wants to give them more money? Treasonous diktator
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Swiss government holds talks on options to stabilize Credit Suisse - Bloomberg NewsSwiss authorities and Credit Suisse Group AG are discussing ways to stabilize the bank, Bloomberg reported on Wednesday, citing people familiar with the matter. Let them fail. That’s what you get for laying down with dogs. Van a alargar la caida libre jajajajaja Let it fail. Bring back capitalism.
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Credit Suisse chairman took a pass on $1.6 million award, had his pay cutCredit Suisse's chairman took a pass on a $1.6 million award and had his pay cut
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Credit Suisse shares hit record low as banking giant admits to ‘material weaknesses’Credit Suisse shares hit an all-time low in early Tuesday trading after the Swiss banking giant admitted to discovering “material weaknesses” in its financial reporting over the past two years.
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EUR/CHF to trade in a 0.9700-1.0000 range following SNB meeting – Credit SuisseIn light of the recent events in financial markets, economists at Credit Suisse think the SNB will only hike 25 bps at the upcoming meeting. They expe
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