UBS agrees to buy Credit Suisse as regulators look to shore up the global banking system

with Swiss regulators playing a key part in the deal as governments looked to stem a contagion that threatening the global banking system.

The UBS deal was rushed together before markets reopened for trading Monday after Credit Suisse shares logged their Despite regulators' involvement in the pairing, the deal gives UBS autonomy to run the acquired assets as it sees fit, which could mean significant job cuts, sources told CNBC's David Faber.

credit Suisse write down 17 billion in bonds. Are you serious? More like Dr. Suisse meets reality.

Stock up on gold, food, and ammo.

Where’s Mike Mayo? Funny how he’s MIA during a banking crisis!

We kicked the can in 2008 so we get to try it all over again. Seems like it’ll run like this again:

SenWarren wants higher reserves held by Banks will work well in combating inflation. With less money being able to be lended there cause a contraction in the economy.

So does this mean cNBC will bring out the 'Bull Market' story again. Until the next failure and then they bring back out the 'We are Doomed' story They usually have a couple of each ready at all times Very insightful LOLOLOL

Your tweet has been Juste-ified! UBS agrees to purchase Credit Suisse as regulators seek to fortify the global banking system.

Right.. now thay Biden is in office - we’re just shoring up things…. Should be interesting to see April 09 all over again.

dirk_hoekstra How to build an empire.. koop je concurrent voor een appel en een ei.

There still will be a selloff of bank stocks StockMarket

The regulators, ha! Someone give them a prize!

Wow, now it begins. Talk about making matters worse

This will bring down UBS

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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 »