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Month: March 2023
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UBS buys Credit Suisse for $3.2 billion as regulators look to shore up the global banking system
[#item_full_content]The $3.2 billion rescue deal came after a weekend of crunch talks, with the chairman of…
UBS buys Credit Suisse for $3.2 billion as regulators look to shore up the global banking system
[#item_full_content]Credit Suisse had already been battling a string of losses and scandals, and over the last…
UBS offers to buy Credit Suisse for ‘substantially’ more than $1 billion, sources say
[#item_full_content]A sale to UBS comes after Credit Suisse shares logged their worst weekly decline since the…
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SVB collapse is double-whammy for tech startups already navigating brutal market
[#item_full_content]Startup founders across the U.S. were already cutting costs and preserving cash before Silicon Valley Bank’s…
UBS offers to buy Credit Suisse for up to $1 billion, the Financial Times reports
[#item_full_content]The deal, which could be signed as early as this evening, values Credit Suisse at around…
SVB collapse is double-whammy for tech startups already navigating brutal market
[#item_full_content]Startup founders across the U.S. were already cutting costs and preserving cash before Silicon Valley Bank’s…
‘Be mindful of your risk’: Money manager tackles Silicon Valley Bank fallout on ETFs
[#item_full_content]There’s speculation bank stress could expose problems lurking in ETFs tied to specific sectors.
Fail or sale? What could be next for stricken Credit Suisse
[#item_full_content]JPMorgan’s Kian Abouhossein described a Credit Suisse takeover by UBS as “the more likely scenario.”