Tag: CS
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From the sudden collapse of the SVB to the consequences of Credit Suisse: 8 charts show turbulence in the financial markets
A tumultuous week in US financial markets ended on an uncertain note Friday after a massive $30 billion injection of large bank deposits into First Republic Bank failed to appease investors. Last week, the sudden collapse of three US banks – Silvergate Capital, Signature Bank SBNY and Silicon Valley Bank – concerns about weakness in […]
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UBS in Talks to Buy Credit Suisse: Report
Published: March 17, 2023 at 5:59 PM ET UBS Group AG is in talks to acquire all or part of Credit Suisse Group AG, with their boards meeting separately over the weekend to consider the move, the Financial Times reported late Friday. Swiss regulators are helping the talks as they try to boost confidence in […]