UBS closing in on deal to take over struggling Credit Suisse bank: report

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Major investment bank reportedly near deal to acquire Credit Suisse

Former Federal Reserve Governor Robert Heller, Solus Alternative Asset Management strategist Dan Greenhaus and Zaye Capital Markets CIO Naeem Aslam discuss the Fed's rate hike trajectory as Credit Suisse instability threatens global markets.

of over $50 billion from the Swiss National Bank in a move the company said is a "decisive action" to boost its liquidity amid a global banking crisis following the collapse of Silicon Valley Bank and concerns about Credit Suisse’s future outlook. The frenzied weekend negotiations come after a brutal week for banking stocks and efforts in Europe and the United States to shore up the sector which was rocked by theof Silicon Valley Bank which represented the second-largest bank collapse in U.S. history.

Switzerland is preparing to use emergency measures to fast-track the deal, the Financial Times reported, citing two people familiar with the situation.

 

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ProfDemirtas hocam 2022 de 132 Milyar zarar eden bir bankanın 7,2 milyar zarar eden bir bankayı satın almasını nasıl buluyorsunuz?

We just got screwed by Biden again. Rich get either and we pay

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UBS in discussions to buy Credit Suisse: reportUBS Group AG is in talks to buy all or parts of Credit Suisse, with their boards meeting separately over the weekend, the Financial Times reported late Friday. I wonder if anyone trusts the swiss banking sector anymore. its ironic how the new generation swiss bankers destroyed all the trust that have been built for decades by the swiss ancients
Source: MarketWatch - 🏆 3. / 97 Read more »

Credit Suisse meets to weigh options, under pressure to merge with UBSCredit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank as regulators urged it to pursue a deal with Swiss rival UBS AG . The best way to poison pill UBS. I just got a pen from credit suisse and it's closing down already
Source: Reuters - 🏆 2. / 97 Read more »

UBS in talks to buy troubled Credit Suisse, FT reportsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »

UBS in talks to acquire Credit Suisse -FT By Reuters*UBS IN TALKS TO TAKE OVER ALL OR PART OF CREDIT SUISSE AS SHARE PRICES FALL $UBS $CS 🇨🇭🇨🇭 The pressure of the swiss governement on ubs becomes too high Told them to close all the toxic swap short position first! 1) What
Source: Investingcom - 🏆 450. / 53 Read more »

Credit Suisse under pressure to merge with UBSCredit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank and regulators urged it to pursue a deal with Swiss rival UBS AG .
Source: Reuters - 🏆 2. / 97 Read more »

UBS seeks Swiss backstop in any Credit Suisse deal - Bloomberg NewsUBS Group AG is asking the Swiss government for a backstop if it were to buy Credit Suisse Group AG , Bloomberg News reported on Saturday. I don’t blame them. Rollercoaster ride ahead 你骗我骗大家骗! 瑞银看到瑞信可以从央行奶妈那里可以骗到500亿, 你可以骗,我也可以骗的, 不然,下一次点爆雷导火索的就是我瑞银了,而且搞不好就不是缺缺500亿,而是5000亿才能打招呼了! 世上最赚钱的行业,现在却要奶妈大口大口的喂? 到底是中国恒大恒二们做了你们的师父,还是你们才是师父?
Source: Reuters - 🏆 2. / 97 Read more »