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Strategies & Market Trends : The Art of Investing
PICK 46.42-0.4%4:00 PM EDT
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To: Lou Weed who wrote (6757)3/19/2023 9:13:40 AM
From: Sun Tzu  Read Replies (3) of 10478
 
UBS is offering to buy CS for pennies on the dollar and with provisos. As I said, a forced sale is never good for the shareholders.

Also from WSJ:

UBS Nears Deal to Take Over Credit Suisse

The talks come after the firm took a more-than-$50 billion Swiss National Bank liquidity lifeline and is part of an urgent effort by global authorities to restore trust in the banking system.5 min read
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