UBS’s acquisition of Credit Suisse brings some good and bad for crypto
Many in Switzerland have said that UBS’ takeover of Credit Suisse was necessary to avoid a calamitous banking crisis like that seen in 2008.
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Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe in US, Report
Switzerland’s troubled Credit Suisse and its rescuer, USB, are subject to an investigation into whether bankers helped Russian oligarchs evade Western sanctions, according to a media report. Some major U.S.…
European banks head into another weekend of uncertainty as default risks surge
An indicator of European bank default risk soars and stocks tumble on March 24 amid renewed fears surrounding the financial system.
UBS Group doubles offer and acquires Credit Suisse for $2B
Swiss authorities agreed to change the country's regulations to bypass a shareholder vote and announce the deal over the weekend.
Credit Suisse rescue plan may include nationalization, bondholder losses
A bank rescue plan for Credit Suisse may impose losses on its bondholders and even result in a full or partial nationalization of Credit Suisse Group AG.
UBS raises US recession odds to 60%, but what does this mean for crypto prices?
Analysts believe the possibility of a recession in the US is increasing and this could be an important stress test for cryptocurrencies.
Switzerland’s Largest Bank UBS Expects US Crypto Legislation to Take Time
Switzerland’s largest bank, UBS, expects the United States Congress to take a long time to pass cryptocurrency legislation despite mounting interest in crypto investments and regulators calling for Congress to…
Switzerland’s Largest Bank UBS Suggests Alternative Ways of Investing in Cryptocurrency
Switzerland’s largest bank, UBS, has suggested some investment strategies for investors seeking to gain exposure to crypto assets with less risk than investing directly in bitcoin, ether, or other cryptocurrencies.…
Fearing a Hawkish Fed: Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows
Global markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make a decision on Wednesday concerning changing the current…
UBS Warns of Crypto Winter Amid Expectation of Fed Rate Hikes and Regulation
UBS, Switzerland’s largest bank, has warned about a crypto winter where prices crash and may not recover for years. The bank’s analysts explained several major reasons affecting the prices of…