Tag: SVB
Dax survey shows that the Dax could surprise positively
Bull and Bear on the Frankfurt Stock Exchange The SVB bankruptcy shocked investors. (Photo: dpa) Dusseldorf The mood on the German stock market has continued to deteriorate. This is shown…
Banking sector is resilient – UBS hedges rise in price to multi-year high
New York Community Bank buys parts of Signature Bank The New York Community Bank wants to take over a large part of the collapsed Signature Bank. The money house is…
“More resilient and more cushion” – Athens’ central bankers see no danger for Greek banks
Yannis Stournaras The Greek head of the central bank is optimistic that the domestic banks will not feel any consequences of the SVB bankruptcy. (Photo: Reuters) Athens It was not…
The banking crisis could dissuade the Fed from its interest rate course
Jerome Powell The head of the central bank is under pressure after the turbulence in the banking market. (Photo: Reuters) Denver, Frankfort Larry Summers is not known to be a…
European banking sector resilient – US regional bank stocks under pressure
New York Community Bank buys parts of Signature Bank The New York Community Bank wants to take over a large part of the collapsed Signature Bank. The money house is…
UBS buys Credit Suisse for three billion Swiss francs
Zurich, Frankfurt The struggle for the future of Credit Suisse is over: UBS takes over the second largest Swiss bank. The Swiss National Bank (SNB) is supporting the emergency merger…
German financial system is stable and robust – shares of US regional banks under pressure
Financial turnaround: need much higher capital buffers at banks The citizens’ movement Finanzwende criticizes the takeover of Credit Suisse. “With this merger of two banks that were already systemically important,…
How it came to the deep fall of Credit Suisse
Zurich It’s Wednesday of last week, Morgan Stanley’s investment conference in London, when the fund manager feels like he’s in the wrong movie. The head of the major bank BNP…
Deutsche Bank and Commerzbank fall at the start of trading – Credit Suisse flies out of the depots
Financial turnaround: need much higher capital buffers at banks The citizens’ movement Finanzwende criticizes the takeover of Credit Suisse. “With this merger of two banks that were already systemically important,…
Deutsche Bank and Commerzbank down before the market – Credit Suisse flies out of the depots
Yield on ten-year federal bond at three-month low Fearing the economic consequences of the turmoil surrounding Credit Suisse, investors are turning to the “safe haven” government bonds. This pushes the…
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)…
Asian markets down despite Credit Suisse bailout
Tokyo Stock Exchange Investors in Asia are starting what is likely to be another turbulent stock market week. (Photo: dpa) Tokyo Markets in Asia were unable to agree on a…
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…
Buyer found for Signature Bank
Signature Bench The New York bank is taken over by the Community Bancorp. (Photo: AP) new York The US deposit insurance FDIC has found a buyer for the failed Signature…
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…
UBS buys Credit Suisse for CHF 2 billion
Zurich, Frankfurt The struggle for the future of Credit Suisse is over: UBS buys the second largest Swiss bank for three billion francs, or around 0.76 francs per share. The…
UBS buys Credit Suisse for CHF 2 billion
Zurich, Frankfurt The struggle for the future of Credit Suisse is over: UBS buys the second largest Swiss bank for around CHF 2 billion, or around CHF 0.50 per share.…
UBS buys Credit Suisse for CHF 2 billion
Zurich, Frankfurt The struggle for the future of Credit Suisse is over: Rival UBS is buying the second largest Swiss bank for around CHF 2 billion, or around CHF 0.50…
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…