In a move to strengthen its position in the Swiss franc bond market, BNP Paribas (OTC:BNPQY) SA has added two former Credit Suisse executives to its credit desks. Isla Fletcher and...
HSBC has announced a series of key appointments to strengthen its Global Private Banking operations in the Middle East and North Africa (MENA), Switzerland, Israel, and Qatar. The...
Credit Suisse, now a part of UBS, expects to report a third-quarter loss of approximately $1.6 billion due to the reclassification of loans related to its non-core and legacy...
By John Revill and Tomasz Janowski ZURICH (Reuters) - A rare Swiss parliamentary investigation due to start this week aims to establish what went wrong before the dramatic fall of ...
(Reuters) -UBS Group AG is aiming to avoid using a $10 billion backstop for Credit Suisse amid a backlash, the Financial Times reported on Sunday. UBS executives are hoping to...
ZURICH (Reuters) -UBS (SIX:UBSG) will announce further changes to its management as it seeks to integrate Credit Suisse (SIX:CSGN) following the recent takeover of its former...
Investing.com -- U.S. stock futures edged largely higher early Monday, continuing the previous week’s positive tone as market participants awaited the Federal Reserve's...
Investing.com -- Investors prepare for the Federal Reserve's latest interest rate decision on Wednesday, and await the release of major new U.S. inflation data tomorrow. Meanwhile,...
Investing.com - European stock markets edged higher in cautious trade Monday as investors focused on future central bank policies and a deluge of economic data. At 03:40 ET (07:40...
Investing.com - European stock markets edged lower Tuesday, with uncertainty surrounding U.S. debt ceiling negotiations weighing as well as disappointing European manufacturing...
What will happen to this stock? Will it be taken off the market?
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Dead dead stock lol
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Chairman of SNB resigns after his comments helped fuel the share collapse of credit suisse ( SNB = Saudi national bank not swiss, and they held 10% of the CS shares before the collapse ),, they lost around $1b or 80% of the value of their intitial investment after the takeover
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Is this stock an excellent price to buy? If I buy it for 1 million USD, is it good?
No:)) But do you think this stock will go down more?
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sorry, if you cannot neither read news nor comments below, you shouldn't be on a financial site !
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Better keep your money elsewhere. The saga is far from over. When bondholders AT1 n investors start lawsuit against the bank then another round of crisis. Will see how the Swiss central Bank reacts later.
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trading already halted ? This is it ? The end ?
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yeah i see. if UBS is bullish, probably CS shares also should be "paralelly" bullish. / that the ratio from the deal = UBS share calc. 17.08 (22.48x0.76) and CS 0.76 stays in connection +/-
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can anyone tell me, why people pay more than 0.76 CHF and buy this stock, when it's Pre-defined, that they'll get fix 0.76 CHF per share, when UBS merges with CS? what's the intention? because when someone buy at 0.80, they'll need to find someone who pays 0.81, instead they fix will get a loss, because the merge will pay 0.76 CHF per share? can anybody explain
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if i understood well, the exchange is not based on price but on a share ratio CS / UBS. what is fixed, is the number of UBS shares CS will receive, independently of CS like UBS price
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Under the terms of the all-share transaction, Credit Suisse shareholders will receive 1 UBS share for every 22.48 Credit Suisse shares held,