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  ·2023-03-21
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  Credit Suisse Shares Slump Almost 60% in Premarket Trading After UBS Deal
  Shares in Credit Suisse dropped almost 60% in premarket trading Monday after rival UBS agreed at the
  Credit Suisse Shares Slump Almost 60% in Premarket Trading After UBS Deal
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Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1196849272","media":"Tiger Newspress","summary":"Shares in Credit Suisse dropped almost 60% in premarket trading Monday after rival UBS agreed at the","content":"<html><head></head><body><p>Shares in Credit Suisse dropped almost 60% in premarket trading Monday after rival UBS agreed at the weekend to take over the 167-year old bank for $3 billion.</p><p><img src=\"https://static.tigerbbs.com/3a1aecc150b2a10dd54b1472798d5ce5\" tg-width=\"833\" tg-height=\"621\" width=\"100%\" height=\"auto\"/></p><p>&#34;The next few hours of trading will give us a better picture on whether the crisis is contained,&#34; Ipek Ozkardeskaya, a senior analyst at Swissquote Bank, said.</p><p>&#34;In theory, there is no reason for the Credit Suisse crisis to extend, as what triggered the last quake for Credit Suisse was a confidence crisis – which doesn&#39;t concern UBS - a bank outside of the turmoil, with, in addition, ample liquidity and 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16:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Shares in Credit Suisse dropped almost 60% in premarket trading Monday after rival UBS agreed at the weekend to take over the 167-year old bank for $3 billion.</p><p><img src=\"https://static.tigerbbs.com/3a1aecc150b2a10dd54b1472798d5ce5\" tg-width=\"833\" tg-height=\"621\" width=\"100%\" height=\"auto\"/></p><p>&#34;The next few hours of trading will give us a better picture on whether the crisis is contained,&#34; Ipek Ozkardeskaya, a senior analyst at Swissquote Bank, said.</p><p>&#34;In theory, there is no reason for the Credit Suisse crisis to extend, as what triggered the last quake for Credit Suisse was a confidence crisis – which doesn&#39;t concern UBS - a bank outside of the turmoil, with, in addition, ample liquidity and guarantee from the SNB and the government.&#34; SNB refers to the Swiss National Bank.</p><p>In a package orchestrated by Swiss regulators on Sunday, UBS will pay 3 billion Swiss francs ($3.23 billion) for 167-year-old Credit Suisse and assume up to $5.4 billion in losses.</p><p>($1 = 0.9274 Swiss francs)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBS":"瑞银"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196849272","content_text":"Shares in Credit Suisse dropped almost 60% in premarket trading Monday after rival UBS agreed at the weekend to take over the 167-year old bank for $3 billion.\"The next few hours of trading will give us a better picture on whether the crisis is contained,\" Ipek Ozkardeskaya, a senior analyst at Swissquote Bank, said.\"In theory, there is no reason for the Credit Suisse crisis to extend, as what triggered the last quake for Credit Suisse was a confidence crisis – which doesn't concern UBS - a bank outside of the turmoil, with, in addition, ample liquidity and guarantee from the SNB and the government.\" SNB refers to the Swiss National Bank.In a package orchestrated by Swiss regulators on Sunday, UBS will pay 3 billion Swiss francs ($3.23 billion) for 167-year-old Credit Suisse and assume up to $5.4 billion in losses.($1 = 0.9274 Swiss francs)","news_type":1,"symbols_score_info":{"CS":0.9,"UBS":0.9}},"isVote":1,"tweetType":1,"viewCount":1910,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943819710,"gmtCreate":1679333876630,"gmtModify":1679333878356,"author":{"id":"4112142010876552","authorId":"4112142010876552","name":"0x97B595A6C9E01114F15A7917d2F071BccD860F","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4112142010876552","idStr":"4112142010876552"},"themes":[],"htmlText":"0x97B595A6C9E01114F15A7917d2F071BccD860F<a href=\"https://ttm.financial/S/01880\">$CTG DUTY-FREE(01880)$ 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