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Convulsions continue in the banking sector. Silicon Valley Bank, Silvergate, Signature, First Republic Bank of California, Credit Suisse.

UBS against the clock in Credit Suisse takeover talks

UBS was up against the clock Sunday in talks to finalise a mammoth takeover of its troubled rival Swiss bank Credit Suisse and reassure investors before the markets reopen.

UBS was up against the clock Sunday in talks to finalise a mammoth takeover of its troubled rival Swiss bank Credit Suisse and reassure investors before the markets reopen.

UBS has agreed to take over its troubled Swiss rival Credit Suisse after doubling its offer to $2 billion, the Financial Times reported amid urgent talks Sunday aimed at sparing the embattled bank from a bloodbath when the markets reopen.

The two largest banks in the wealthy Alpine nation famed for its banking prominence have been in negotiations throughout the weekend

UBS will take over stricken rival Swiss bank Credit Suisse for "a merger consideration of three billion Swiss francs", ($3.24 billion), Credit Suisse said in a statement Sunday following intense talks in Bern.

Things are not going well for the "rules-based" empire of lies. Recessions, debt, energy crisis, inflation and wars... somehow it is all related, and it is related at a global level, impacting nearly all economies and markets. It all seems to be...

On March 25, 2022, the Federal Deposit Insurance Corporation ("FDIC") issued a Request for Information ("RFI") on the regulatory framework that applies to merger transactions involving one...

EBA Updates Impact Of The Basel III Reforms On EU Banks’ Capital Date 10/12/2020 The European Banking Authority (EBA) published today a Report on the impact of implementing the final Basel III reforms in the EU. The full Basel III implementation, in 2028, would result in an average increase of 15.4% on the current Tier 1 minimum required capital of EU banks. The results do not reflect the economic impact of the Covid-19 pandemic on participating banks as the reference date of this imp...