Post by
BBDB859 on Mar 19, 2023 10:46pm
Wow Credit Swiss Fails
UBS has taken over Credit Swiss. Shareholders of Credit Swiss will get 1 share of UBS for every 22.8 shares of Credit Swiss. R/S. UBS will pay $4.4B Can for Credit Swiss. So Credit Swiss value is $4.4B Can. Wonder how the Market will react to evrything tomorrow?
Comment by
johnney on Mar 19, 2023 11:02pm
At least this bank has been resolved! Probably the markets will react positively!
Comment by
Shamhorish on Mar 19, 2023 11:26pm
too early to tell but now pre markets are green yes, can reverse course any time
Comment by
Shamhorish on Mar 20, 2023 12:03am
it did not take much time US futures turned RED NOW CROSS YOUR FINGERS
Comment by
Shamhorish on Mar 20, 2023 9:12am
you are right 0.8980 -1.1120 (-55.3234%) Pre-Market: 9:09AM EDT it does not look good is it a bigining of reply of 2008
Comment by
clubhouse19 on Mar 20, 2023 9:29am
Not very surprising really as they were in trouble for years and the worst of euro banks. Just as a thought...I wonder how much of the Putin cronies' money they hold in terms of bonds ??