Crunch time for Credit Suisse talks as UBS seeks Swiss assurances By Reuters

- Authorities were scrambling to rescue Credit Suisse on Sunday ahead of the reopening of markets as UBS AG sought $6 billion from the Swiss government if it were to buy its struggling rival, a person with knowledge of the talks said.

While regulators want a resolution before markets reopen on Monday, one source cautioned the talks are encountering significant obstacles, and 10,000 jobs may have to be cut if the two banks combine. UBS was under pressure from the Swiss authorities to take over its local rival to get the crisis under control, two people with knowledge of the matter said.

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

👍 Brother can I send you My telegram achannel Check my signals management 👆👆

Arkadaşlar son durum nedir Türkiyeden takip etmeye calışıyorum gündemi bizleride bu süreç etkiliyor .

The bank was already bankrupt! so they took a loan of 54 billion, which was not enough! who would buy a bankrupt bank, and bankrupt and indebted? Who?!

Above to get fucked.

you've been lying to people about the economy for years...they didn't tell the truth for once....believe me, the American economy is going bad...banks are failing..inflation is rising..destruction is coming

Wow share holders are getting a bad deal on this bank acquisitions, guess the central banks are going the high inflation rate (fudge the numbers) lnterest rate pivot route!

RSMJR2015 The deal could come together Sunday, the people said. Regulators have offered to waive a requirement for customary shareholder votes to expedite the sale, one of the people said.

This is just temporary solution who will save others which are about to crash

Yesterdays headlines read “as soon as Saturday”.

lets all of them follow SVB and get bankruptcy soon as possible

GioakaAlticcio

Why the hurry?

🔥

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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？
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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.
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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
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UBS in Talks to Take Over Credit SuisseUBS is in talks to take over parts or all of Credit Suisse, part of an urgent effort by Swiss and global authorities to restore trust in the banking system. Good 👍 Good luck anyway Correction. That's the Western banking system, in particular the American system from which all major crashes originate.
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UBS said to be in takeover talks with Credit Suisse amid turmoilA merger between Switzerland’s two largest banks could ease growing concerns that turmoil at Credit Suisse could ripple through the global economy. Since 2008 the Swiss were very reluctant to push for or approve of the merger, which can mean massive layoffs in either one of the country’s largest financial institutions and top employers Enjoy passing on gas with CreditSuisse as it will likely pass gas to history as M&A & trading counterparties dry up. Cat_Zakrzewski WallStreet finance
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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
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