Tag: Banks
Central banks want to improve dollar supply in joint action
Denver In view of the recent banking turmoil, the major central banks are intervening to improve the supply of the dollar to the financial sector. The European Central Bank (ECB)…
Purchase decision: UBS takes over Credit Suisse
Good morning dear readers, News of the giants’ takeover came late last Sunday evening. The largest bank in Switzerland, UBS, is taking over the second largest bank in Switzerland, Credit…
“Bankruptcy would have serious consequences for national and international financial stability” – Buyer found for Signature Bank
Signature Bank is sold to New York regional bank Community Bancorp The US deposit insurance FDIC has found a buyer for the failed Signature Bank, as New York correspondent Astrid…
Central banks want to improve dollar supply in joint action
US Federal Reserve The central banks want to strengthen the stability of the financial system. (Photo: dpa) In view of the recent banking turmoil, the major central banks are intervening…
Hot Development: Important Moves From FED, European Central Bank and 4 Other Central Banks! What is the Effect on Bitcoin?
The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss Federal Reserve today announced coordinated action to improve…
Central banks want to improve dollar supply in joint action
US Federal Reserve The central banks want to strengthen the stability of the financial system. (Photo: dpa) In view of the banking turmoil, the major central banks intervene. The Bank…
Swiss Federal Council confirms CS takeover by UBS
Media report: UBS increases purchase price to more than 2 billion dollars According to a report in the Financial Times, the major Swiss bank UBS has agreed to buy Credit…
The return of the banking problems scares politicians
Berlin, Brussels, Frankfurt It was one of the central principles after the global financial crisis: governments and supervisors wanted to avoid having to support ailing banks again because they were…
US government wants responsible bankers to be held accountable
Elizabeth Warren The US Senator wants to make responsible bankers accountable. (Photo: AP) new York After the collapse of Silicon Valley Bank (SVB) and Signature Bank, Washington discussed the responsibility…
UBS increases purchase price for Credit Suisse to more than two billion dollars
The leaders of UBS and Credit Suisse continue to negotiate an emergency merger of the two banks on Sunday, with the participation of supervisors and government officials. Now UBS has…
Swiss government schedules important press conference on Credit Suisse future
The leaders of UBS and Credit Suisse continue to negotiate an emergency merger of the two banks on Sunday, with the participation of supervisors and government officials. Now UBS has…
How resilient are Italy’s banks?
Unicredit Tower in Milan The second largest bank in Italy has lost more than nine percent in value at times in the past. (Photo: IMAGO/ZUMA Wire) Rome The news from…
UBS boss to lead new major bank after merger
Report: Silicon Valley Bank prospects According to a media report, there are prospective buyers for the collapsed Silicon Valley Bank (SVB) in the USA. First Citizens BancShares is considering a…
UBS apparently demands billions in guarantees for Credit Suisse purchase
Report: Silicon Valley Bank prospects According to a media report, there are prospective buyers for the collapsed Silicon Valley Bank (SVB) in the USA. First Citizens BancShares is considering a…
Warren Buffett apparently intervenes in the banking crisis
Warren Buffett The star investor had already become active during the 2008 financial crisis. (Photo: AP) Denver Bankers, regulators and government officials have been dealing with a central question for…
Warren Buffett is in talks with the Biden government over the banking crisis
Warren Buffett The star investor had already become active during the 2008 financial crisis. (Photo: AP) Denver Bankers, regulators and government officials have been dealing with a central question for…
First Republic Bank plans to raise capital with share issue – Pacific Western Bank loses deposits
Economy: Are not in a similar situation to 2008 Despite the problems surrounding the Silicon Valley Bank and Credit Suisse, Veronika Grimm does not expect a financial crisis 2.0. “I…
Crypto Market Focused on Frightening Report: Banks at Risk!
A new study by economists identified 186 banks at risk across the United States. These banks Silicon Valley BankIt might grapple with similar issues that caused the . The SVB…
First Republic Bank plans to raise capital with share issue
Economy: Are not in a similar situation to 2008 Despite the problems surrounding the Silicon Valley Bank and Credit Suisse, Veronika Grimm does not expect a financial crisis 2.0. “I…
Several banks are restricting business with Credit Suisse – but are buying the bank’s bonds
New York,London Business with other financial institutions is also becoming increasingly difficult for the crisis-ridden Credit Suisse. At least four major houses, including Deutsche Bank and Societe Generale, have restricted…