Credit Suisse Share Price Dropped A Lot Today
#1

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#2

What happened?
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#3

(20-03-2023, 05:03 PM)lvlrsSTI Wrote:  What happened?


Simple -  AMTK banking system is no longer trusted...Just ask what the Chinese and Saudis are thinking now how to move their wealth to somewhere else safer.


Moral of the Story - Never Ever put all your Egg$ in one basket...Big Grin

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#4

The whole West banking system is now a printing scam.


Smile
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#5

In the terms, UBS offered Credit Suisse shareholders 1 UBS share for every 22.48 Credit Suisse shares held which is equivalent to CHF 0.76/share for a total consideration of CHF 3 billion.



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#6

It can go below zero and still function
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#7

Can scoop already. Else wait when ?
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#8

$17 billion bond holders cry like a baby.
Get $0 in return.

No more safe haven…. Rotfl
星星之火刚刚被点燃,这才是开始!

https://www.bloomberg.com/news/articles/...ify%20wall

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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#9

(20-03-2023, 05:29 PM)Niubee Wrote:  The whole West banking system is now a printing scam.

I never thought the day would come when Gov of Switzerland is forced take action to protect its own "neural" banks from collapsing...We are indeed living in very different World now.

Swiss authorities pushed for UBS to take over its smaller rival after a plan for Credit Suisse to borrow up to US$54 billion failed to reassure investors. UBS will acquire its smaller rival Credit Suisse for $3.25 billion, in an effort to avoid further market-shaking turmoil in global banking. 

https://www.euronews.com/next/2023/03/19...kered-deal

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#10

buying opportunity.
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#11

Peak : 80+

Now : 0.82 penny stock!  nudie


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#12

(21-03-2023, 11:04 AM)cityhantam Wrote:  Peak : 80+

Now : 0.82 penny stock!  nudie


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"buy no scare scare no buy" - EDMW Kinetic88 shu shu famous quote.
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#13

Swiss living standard is all fake, overrated banks full of problems
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#14

Any local bank buy this shares ? Why so panic MAS said no worry nothing happened here..
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#15

By the end of 2022, Credit Suisse had approximately CHF 1.3 trillion in assets under management.
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#16

Bloomberg published article that seems to be laughing at Asians for putting their trust on the Switzerland bank...

For years, Asia’s wealthy have been the profit centre at Credit Suisse’s crown-jewel wealth management division. They have been shaken by this fallout....Do they still have faith in their private bankers?
Credit Suisse is putting on a brave face... But deep down, its senior executives must know that the crazy, rich, anxious Asians are not happy, and the Swiss brand is not as prestigious as before

https://www.straitstimes.com/business/wh...-at1-bonds

You've got friendly neighbours? Grow Up! 李光耀 2013
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#17

So buy over will delist or not
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