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  • Reportedly UBS agreed to acquire Credit Suisse for ~CHF2B; Swiss National Bank (SNB) has offered ~$100B liquidity line to UBS as part of any deal

    $CSGN.CH *Reportedly UBS agreed to acquire Credit Suisse for ~CHF2B; Swiss National Bank (SNB) has offered ~$100B liquidity line to UBS as part of any deal for Credit Suisse - press (Credit Suisse Group AG)
    (More at https://t.co/POY7QOYzdF)

    — TradeTheNews.com (@Trade_The_News) March 19, 2023
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    • Older Stories  
    Credit Suisse’s Riskiest Bonds Jump Amid Optimism Over UBS Talks

    From bnnbloomberg.ca|39 hr ago|1 comment

    Credit Suisse Group AG’s riskiest bonds pared their advance on Sunday on concern that Swiss authorities may need to nationalize the bank if a deal with UBS Group AG falls through. ...

    AI Market Outlook for March 20, 2023

    From youtube.com/vantagepointai|46 hr ago|2 comments

    Gold Ends Week at 11-Month High; Silver Prices Soar

    From coinnews.net|Mar 19, 2023

    Gold and silver rallied Friday, padding exceptional weekly gains and lifting their settlements to the highest in 11 months and 1.5 months, respectively. On Friday, gold for April ...

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

    From cnbc.com|36 hr ago

    UBS agreed to buy its embattled rival Credit Suisse with Swiss regulators playing a key part in the deal as governments looked to stem a contagion threatening the global banking ...

    Joint Statement by the Department of the Treasury and Federal Reserve

    From home.treasury.gov|36 hr ago|9 comments

    The following statement was released by Secretary of the Treasury Janet L. Yellen and Federal Reserve Board Chair Jerome H. Powell: “We welcome the announcements by the Swiss ...

    Statement by Christine Lagarde, President of the European Central Bank, on the announcement on 19...

    From ecb.europa.eu|36 hr ago

    “I welcome the swift action and the decisions taken by the Swiss authorities. They are instrumental for restoring orderly market conditions and ensuring financial stability. The ...

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  • Story Stats
  • Posted: Mar 19, 1:13pm (38 hr ago)
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 0  /  Views: 1,661
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    Gold lackluster as Credit Suisse-UBS deal spurs risk-on mood
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    UBS agrees to buy Credit Suisse as regulators look to shore up the global banking system
    From cnbc.com|36 hr ago
    Credit Suisse’s Riskiest Bonds Jump Amid Optimism Over UBS Talks
    From bnnbloomberg.ca|39 hr ago|1 comment
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