* Swiss authorities are examining imposing losses on Credit Suisse bondholders as part of a rescue, two sources told Reuters, while European regulators are apprehensive for fear it could hit investor confidence elsewhere.
* Swiss authorities are also considering a full or partial nationalisation of Credit Suisse as the only other viable option outside a takeover by UBS, Bloomberg reported.that the all-share takeover deal was set to be signed as early as Sunday. * Citing people familiar with the matter, it said an offer was made at 0.25 Swiss francs per Credit Suisse share, well below Friday's closing price of 1.86 Swiss francs and all but wiping out the bank's existing shareholders.
* However, Bloomberg News, citing people with knowledge of the matter, said Credit Suisse was pushing back against the offer.of up to $6 billion against the risks involved, two people with knowledge of the matter said previously.thrown into doubt* The Bank of England has indicated to international counterparts and to UBS that it would back a proposed takeover of Credit Suisse, Sky News reported.
T-Bills are destroying the world Economy. 😂
What a deal to save the global banking crise…
_screenshoter color
“Too big to fail” OUT, “Impossible to fail” IN 😶
This substance from CS, which was taken over at an unworthy value, will still hurt UBS. The cheated shareholders and small investors will move far away from her in the future - let alone the unfairly cheated large shareholders from the Gulf.
go woke, go broke
Reuters is a woke paid influencer for the GreatReset it is working to bring in world wide Chinese style socialcreditsystem cdnpoli uspoli
Actually this is a better link 👍
Let Them Fail, Hold Mngmt To Account, Sue/Seize Execs/BoD Assets, And Indict/Convict These Lying 1%er Fin/Wall St CorpWhore Toxic Vultures!
The consumer fears are not fake. MoneyinMattress
The money goes here 👇🤬
“Credit Suisse, SVB, Signature Bank: What you need to know” is which Bank next?
They were busy with Pride month and making cute little videos while there was no risk management in place for over 8 months. Did I mention they gave themselves bonuses the week of the collapse?
Thank you democrats for reinding us How you elected trump the 1st time Trump trump trump trump trump trump trump trump trump 247 trump trump trump trump trump trump trump thank you thank you thank you
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
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