As per the Financial Times report on Sunday, UBS (UBSG.S) has raised its offer to more than $2 billion to acquire the Swiss banking behemoth Credit Suisse (CSGN.S).
As per the Financial Times report on Sunday, UBS (UBSG.S) has raised its offer to more than $2 billion to acquire the Swiss banking behemoth Credit Suisse (CSGN.S).
Good morning investors, and welcome to my very first newsletter on Substack. I have been motivated to start this weekly transmission for a few reasons.
In an effort to prevent the spread of instability following the industry’s most tumultuous week since the 2008 financial crisis, the Bank of England has instructed British lenders to disclose
Sources have reported that UBS AG (UBSG.S) is considering the acquisition of Credit Suisse (CSGN.S), its struggling Swiss counterpart, in an effort to prevent the ongoing crisis at the bank
The Organisation for Economic Cooperation and Development (OECD) has forecasted that the UK economy, apart from Russia, will be the sole industrialised country to shrink in 2023, even though increasing
Credit Suisse’s recent troubles have led to its first lawsuit by US investors, who claim that the bank exaggerated its financial prospects to shareholders.
As Credit Suisse’s largest shareholder rules out injecting additional funds into the troubled lender, concerns over the banking sector have deepened, leading to a decline in the stock markets.
This post was written by Zak Mir, a Technical Analyst, Events Host, Presenter, CEO Interviewer and established Market Commentator.
Shareholders have filed a class action lawsuit against SVB Financial Group, the parent company of Silicon Valley Bank, and two of its top executives over the collapse of the tech-focused
First Republic Bank’s stock has experienced a 60% decline in pre-market trading as the US financial institution attempts to address concerns regarding its liquidity after the collapse of Silicon Valley
This post was written by Zak Mir, a Technical Analyst, Events Host, Presenter, CEO Interviewer and established Market Commentator.