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UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates

 
Massimo
User ID: 78800165
United States
03/18/2023 03:42 PM
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UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
Nobody saw this coming
Anonymous Coward
User ID: 83099705
United States
03/18/2023 03:43 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
How? UBS is also in deeeeeeep shit...
Massimo (OP)
User ID: 78800165
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03/18/2023 03:43 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
[link to www.ft.com (secure)]
Massimo (OP)
User ID: 78800165
United States
03/18/2023 03:45 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
[link to www.bloomberg.com (secure)]
Massimo (OP)
User ID: 78800165
United States
03/18/2023 03:48 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
[link to www.investing.com (secure)]
Anonymous Coward
User ID: 85162122
United States
03/18/2023 03:53 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
Shotgun wedding!!!
Anonymous Coward
User ID: 84811970
United States
03/18/2023 03:53 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
Nobody saw this coming
 Quoting: Massimo 78800165


Wasn’t the Swiss government going to bail them out?
Anonymous Coward
User ID: 79874499
Turkey
03/18/2023 03:56 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
Are all the Secret Swiss Bank Accounts safe.
Massimo
User ID: 80750506
United States
03/18/2023 03:57 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
Are all the Secret Swiss Bank Accounts safe.
 Quoting: Anonymous Coward 79874499


thank god

scheming
Massimo
User ID: 80750506
United States
03/18/2023 03:58 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
They are Swiss Twins

It's like JP Morgan merging with Bank of America as a comparison

Accounts be safe
Bud Fox

User ID: 85427551
United States
03/18/2023 04:07 PM

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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
I don't think it's a done deal yet. UBS wants a government backstop and people aren't sure they are going to get it.

The worry is that if things aren't finalized by futures open on Sunday night the Markets might go down pretty hard.
Blue Horseshoe loves GLP
Massimo
User ID: 80750506
United States
03/18/2023 04:08 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
Market Cap of UBS is 59 Billion

Market Cap of Credit Suisse is 9 Billion

UBS just became Swiss Banking
Massimo
User ID: 80750506
United States
03/18/2023 04:08 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
I don't think it's a done deal yet. UBS wants a government backstop and people aren't sure they are going to get it.

The worry is that if things aren't finalized by futures open on Sunday night the Markets might go down pretty hard.
 Quoting: Bud Fox


It's not finalized.. but leaning that way
Anonymous Coward
User ID: 84028874
Luxembourg
03/18/2023 04:09 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
Thread: Dozens of US banks at risk of repeating SVB collapse – study Many other lenders are also sitting on unrealized losses caused by the rapid rise i
Anonymous Coward
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03/18/2023 04:10 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
Nobody saw this coming
 Quoting: Massimo 78800165


From many worlds to one world.
Massimo
User ID: 80750506
United States
03/18/2023 04:13 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
[link to www.zerohedge.com (secure)]
Crypto-Tard

User ID: 71260307
United States
03/18/2023 04:15 PM

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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
UBS = owned by the Roths

They are gonna end up with everything.

Add "and their banks" to the meme below.

emoney

Last Edited by Crypto-Tard on 03/18/2023 04:16 PM
When you are afraid of losing your life, you have already lost your life.

Don't be afraid.
Anonymous Coward
User ID: 79874499
Turkey
03/18/2023 04:15 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
Nobody saw this coming
 Quoting: Massimo 78800165


From many worlds to one world.
 Quoting: Anonymous Coward 77890483


Just like the Crash of 2008.

These Financial Criminals Loot the Banks every 20 years.
Anonymous Coward
User ID: 7948934
United States
03/18/2023 04:19 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
Be me
Living in 2024

Setting up a new savings account, finally make a decision

Only options in the world left are Bank of JP Fargo and United Suissebank.

One offers a -5% interest rate on deposits.

Sounds too good to be true with 50% inflation running wild.

Walk into Bank of JP Fargo. FDIC team pulls up at the exact same time. Guess I have to go with United Suissebank.
Anonymous Coward
User ID: 84028874
Luxembourg
03/18/2023 04:24 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
Thread: Dozens of US banks at risk of repeating SVB collapse – study Many other lenders are also sitting on unrealized losses caused by the rapid rise i
Anonymous Coward
User ID: 84028874
Luxembourg
03/18/2023 04:24 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates


gonna be a bloodbath this week
Anonymous Coward
User ID: 85214877
United Kingdom
03/18/2023 04:33 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
This looks and smells like a globalist bailout.

They just don't learn and won't stop screwing over the little guy.

The printing machines will go into overdrive again....Hyperinflation is surely on route now??
Anonymous Coward
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Ukraine
03/18/2023 05:12 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
Thread: UBS Seeks Government Backstop As It Rushes To Finalize Credit Suisse Takeover Deal As Soon As Tonight
Anonymous Coward
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03/18/2023 05:24 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
Information on UBS:

"UBS Group AG is a multinational investment bank and financial services company founded and based in Switzerland. Co-headquartered in the cities of Zürich and Basel, it maintains a presence in all major financial centres as the largest Swiss banking institution and the largest private bank in the world. UBS client services are known for their strict bank–client confidentiality and culture of banking secrecy.[nb 2] Because of the bank's large positions in the Americas, EMEA, and Asia Pacific markets, the Financial Stability Board considers it a global systemically important bank."

Link: [link to en.wikipedia.org (secure)]
Anonymous Coward
User ID: 85435191
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03/18/2023 05:25 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
the devils did. maybe in some back hand transcation(s)!

svb sub ubs sub autralias ? bus. next ?



bsu ? just easiest common denominator to something.

perhaps some are to an outside force. and maybe these just mimic. ?

im not sure other way. aye. maybe to mimic to influence the outside. skirts of universe, i mean. prolly getting past the normal? no, unto their own deceit? no idea.
Anonymous Coward
User ID: 85332979
South Korea
03/18/2023 05:31 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
Nobody saw this coming
 Quoting: Massimo 78800165


It's a bandaid on a damn breaking. Won't mean jack shit in the big picture.
Anonymous Coward
User ID: 85443659
Norway
03/18/2023 05:31 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
So sodomy is still approved of?
Anonymous Coward
User ID: 66725139
United States
03/18/2023 05:46 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
MONDAY... ALLWEEK...AND FRIDAY ..AND, NEXT MONDAY!
Anonymous Coward
User ID: 66725139
United States
03/18/2023 05:49 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
MONDAY... ALLWEEK...AND FRIDAY ..AND, NEXT MONDAY!
 Quoting: Anonymous Coward 66725139


SOMETHING FALLS APART..BY MONDAY..SOMEBODY BACKS OUT..AND..ITS
GHAME OVUH MAHN! ..
Anonymous Coward
User ID: 84028874
Luxembourg
03/18/2023 05:53 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
MONDAY... ALLWEEK...AND FRIDAY ..AND, NEXT MONDAY!
 Quoting: Anonymous Coward 66725139


SOMETHING FALLS APART..BY MONDAY..SOMEBODY BACKS OUT..AND..ITS
GHAME OVUH MAHN! ..
 Quoting: Anonymous Coward 66725139


UH GONNA BE EPIC MAN UH UH
Anonymous Coward
User ID: 85162122
United States
03/18/2023 06:05 PM
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Re: UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates
The printing presses will remain on and in full operation until the banking and financial system collapses.





GLP