[webinarian]

Switzerland applied to join NATO abandonning neutrality. Fund run away from the bank.  

瑞士信贷被收购还没完，美欧金融业火烧连环船

[cityhantam]

FAKE NEUTRLITY!

[lvlrsSTI]

Swiss neutrality is fake, during the war it secretly helped Nazi Germany and let Hitler store all the gold in the Alps in Switzerland

[red3]

USD is king

[ysh02]

When in the 50 th or 60 th year's time those tycoons or illegal money launchers kept their money in Swiss banks and the authorities cannot request those money returned back...

[cwc29]

When in the 50 th or 60 th year's time those tycoons or illegal money launchers kept their money in Swiss banks and the authorities cannot request those money returned back...

That how the Ang mo making $$$$ .. and why they got Swiss Standards of living .. now karma tio boh .,, 

[webinarian]

USD is king

USD king no more.  

That's why banks fall one after another.  

.

[singlon]

They run out of idea
now again using US corporation Dola swap
of cos this time it won't work.

[sgh]

USD king no more.  

That's why banks fall one after another.  

.

They can just print more USD and no one will say them they are king!

[singlon]

we should not belittle Switzerland
we also like her.
OYK now sighted energised again.

[cwc29]

USD king no more.  

That's why banks fall one after another.  

.

After Ang mo off the Air Pump .. the fish in the tank all die soon … Huaaaaat aghhhh!!! 

[Tee tiong huat]

Biggest Swiss Bank UBS Agrees To Buy Crisis-Hit Credit Suisse In Historic Deal

The move was welcomed in Washington, Brussels and London as one that would support financial stability.

https://www.ndtv.com/world-news/biggest-...al-3875416

[Merdeka]

World Emperor Klaus Schwab fortress there...🫅

[cityhantam]

USD is king

King with new clothes! 

[Tee tiong huat]

Biggest Swiss Bank UBS Agrees To Buy Crisis-Hit Credit Suisse In Historic Deal

The move was welcomed in Washington, Brussels and London as one that would support financial stability.

https://www.ndtv.com/world-news/biggest-...al-3875416

Bern, Switzerland: UBS will take over its troubled Swiss rival Credit Suisse for $3.25 billion11 at stopping the stricken bank from triggering a wider international banking crisis. The govt said biggest bank taking over the second-largest, was vital to prevent irreparable economic turmoil spreading throughout the country and beyond.

In Bern with clock ticking ahead of markets opening on Monday In Asia and then in Euro the takeover details were announced. Swiss President Alain Berset was flanked by UBS chairman Colm Kelleher and his Credit Suisse counterpart Axel Lehmann, with Swiss finance minister and heads of Swiss National Bank (SNB) central bank and financial regulator FINMA...

The wealthy Alpine nation is famed for its banking prominence and Berset said the takeover was the "best solution for restoring the confidence that has been lacking in the financial markets recently". If Credit Suisse went into freefall, it will had "incalculable consequences for international financial stability", he said.

Credit Suisse said in a statement. UBS take it over for merger consideration of three billion Swiss francs ($3.25 billion). Credit Suisse shareholders receiving one UBS share for 22.48 Credit Suisse shares, the announced merger represents the best available outcome," Lehmann said.

Finance Minister Karin Keller-Sutter said that bankruptcy for Credit Suisse could have caused "irreparable economic turmoil" and huge collateral damage for Swiss financial market and risk contagion for other banks, including UBS.

European Central Bank chief Christine Lagarde say decisions taken in Bern "are restoring orderly market conditions and ensuring financial stability. The euro area banking sector is resilient, with strong capital and liquidity positions.

Fed chair Jerome Powell and Treasury Secretary Janet Yellen said in a statement: 
US and British colleagues "really feared that there could be a bankruptcy of Credit Suisse, with all the losses. The SNB announced that 100 billion Swiss francs of liquidity would be available.

Keller-Sutter insisted the deal was "a commercial solution and not a bailout."

UBS chairman Kelleher added:We absolutely essential financial structure for Switzerland. Too big to fail? Like UBS, Switzerlanf 2nd big bank Credit Suisse was one of 30 banks around world deemed to be Global Systemically Banks - importance to international banking system. 

Amid fears of contagion after the collapse of two US banks, Credit Suisse's share price had plunged by more than 30% Wednesday to a new record low of 1.55 Swiss francs. That saw the SNB step in overnight with a $54-billion lifeline.

After recovering some ground Thursday, its shares closed down 8-% on Friday at 1.86 Swiss francs as the Zurich-based lender struggled to retain investor confidence. In 2022, the bank suffered a net loss of $7.9 billion. UBS statement said Credit Suisse shareholders would get 0.76 Swiss francs per share.

After suffering heavy falls on stock market Credit Suisse's share price closed Friday at 1.86 Swiss francs, with the bank worth just over $8.7 bil. Credit Suisse's share price has tumbled from 12.78 Swiss francs Feb-2021 due to string of scandals that unable to shake off. Swiss Bank Employees Association said 17,000 Credit Suisse staff In addition, tens of thousands of jobs outside of the banking industry were potentially at risk.

[Tee tiong huat]

That how the Ang mo making $$$$ .. and why they got Swiss Standards of living .. now karma tio boh .,, 

Good....to better than nothing. 

[limpeh394]

but why would dropping neutrality cause her bank problem ? AT anyhow one, never explain

[cityhantam]

but why would dropping neutrality cause her bank problem ? AT anyhow one, never explain

You should ask those Russians who have their money robbed by Angmoh banks! 

[RiseofAsia]

but why would dropping neutrality cause her bank problem ? AT anyhow one, never explain

The invisible asset is the thing the Swiss is losing.
This is most destructive impact to the Swiss banks.
Money cannot buy is the thing that is most priceless.

[cityhantam]

【崔哥天天侃3/26】瑞士放弃中立选边，看到万亿美元流失开始后悔
.
.

[RiseofAsia]

Moral of the story
Never plp at the wrong timing.

DBS laughed until Cow comes home during that period when massive fund left CS.

[Rubitin]

Biggest Swiss Bank UBS Agrees To Buy Crisis-Hit Credit Suisse In Historic Deal

The move was welcomed in Washington, Brussels and London as one that would support financial stability.

https://www.ndtv.com/world-news/biggest-...al-3875416

So no Empire change.

[RiseofAsia]

https://amp.theguardian.com/news/2022/fe...oliticians

[RiseofAsia]

So no Empire change.

But the reputation is gone.