Tag: credit

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UBS Group doubles offer and acquires Credit Suisse for $2B

UBS Group doubles offer and acquires Credit Suisse for $2B

UBS Group doubled its initial offer and agreed to buy its competitor Credit Suisse for nearly $2 billion on March 19, in a historical deal for the two [...]
Credit Suisse rescue plan may include nationalization, bondholder losses

Credit Suisse rescue plan may include nationalization, bondholder losses

A rescue plan for Swiss banking giant Credit Suisse may impose losses on its bondholders and even result in a full or partial nationalization of Credi [...]
ETH Eyes a Return to $1,800 to Target $2,000 on Credit Suisse Woes

ETH Eyes a Return to $1,800 to Target $2,000 on Credit Suisse Woes

The Day Ahead Investors should continue to monitor updates from UBS and Credit Suisse talks. News of an agreement for UBS to acquire Credit Suisse wou [...]
UBS Nears Acquisition of Credit Suisse Amid Efforts to Stabilize Banking Sector

UBS Nears Acquisition of Credit Suisse Amid Efforts to Stabilize Banking Sector

Sources indicate that UBS is close to finalizing a deal to acquire Credit Suisse, as Swiss and global authorities work to mitigate banking sector cont [...]
Switzerland preparing emergency measures for UBS’ takeover of Credit Suisse: Report

Switzerland preparing emergency measures for UBS’ takeover of Credit Suisse: Report

The Swiss National Bank (SNB) and Switzerland’s financial regulator reportedly believe that the acquisition of investment bank Credit Suisse by UBS, S [...]
Let First Republic and Credit Suisse burn

Let First Republic and Credit Suisse burn

When crypto markets took a hit after the collapse of FTX and other crypto lenders last year, some crypto critics repeated the mantra, “Let crypto burn [...]
Bitcoin returns to $25K as Credit Suisse bailout precedes EU rate hike move

Bitcoin returns to $25K as Credit Suisse bailout precedes EU rate hike move

Bitcoin (BTC) rebounded for a fresh challenge of $25,000 on March 16 ahead of a key interest rate decision in Europe.BTC/USD 1-hour candle chart (Bits [...]
US credit crunch means it’s time to buy gold and Bitcoin: Novogratz

US credit crunch means it’s time to buy gold and Bitcoin: Novogratz

The United States is headed for a credit crunch and now is the right time to buy gold, silver and Bitcoin (BTC), says Galaxy Digital founder and CEO M [...]
Swiss National Bank says it would support credit Suisse if necessary

Swiss National Bank says it would support credit Suisse if necessary

The Swiss National Bank (SNB) and the Swiss Financial Market Supervisory Authority (FINMA) have released a joint statement March 15 on the stability o [...]
Bitcoin rejects at $25K as US PPI data meets Credit Suisse meltdown

Bitcoin rejects at $25K as US PPI data meets Credit Suisse meltdown

Bitcoin (BTC) kept bears sweating near $25,000 on March 15 as encouraging macroeconomic data combined with concerns over banking crisis contagion.BTC/ [...]
FOREX-Dollar gains in safe-haven buying as Credit Suisse sparks wider banking fears

FOREX-Dollar gains in safe-haven buying as Credit Suisse sparks wider banking fears

(Adds dateline, comment, fresh prices) By Herbert Lash and Joice Alves NEW YORK/LONDON, March 15 (Reuters) - The dollar rose on Wednesday on safe-have [...]
Credit Suisse shares are rebounding

Credit Suisse shares are rebounding

The concerns about Credit Suisse helped to unsettle the markets today. In premarket trading, the US shares of the Swiss bank or trading near $1.80. Si [...]
Budget 2023: Universal credit claimants to get more childcare cost help

Budget 2023: Universal credit claimants to get more childcare cost help

The announcement in next week's Budget is part of government plans to encourage people back to work. www.bbc.co.uk [...]
Marathon Digital terminates credit facilities with Silvergate Bank

Marathon Digital terminates credit facilities with Silvergate Bank

Bitcoin mining firm Marathon Digital has paid off its term loan and terminated its credit facilities with crypto-friendly Silvergate Bank, just as the [...]
Bitcoin Miner Marathon Digital Terminates Credit Facility With Crypto Bank Silvergate

Bitcoin Miner Marathon Digital Terminates Credit Facility With Crypto Bank Silvergate

Marathon said that on March 8, the term loan prepayment was completed, and the company’s credit facilities with Silvergate Bank were terminated, reduc [...]
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