Acquisition

According to reports, according to legal documents submitted on Monday, if the legal objections raised by the US government cannot be resolved before April 13th, Voyager and its cr

According to reports, according to legal documents submitted on Monday, if the legal objections raised by the US government cannot be resolved before April 13th, Voyager and its cr

According to reports, the digital asset platform Bakkt has completed its acquisition of Apex Crypto, and Bakkt will pay $55 million in cash and $100 million in stock. Bakkt announc

On April 2, according to a report by the Financial Times, Swiss federal prosecutors have launched an investigation into the acquisition of Credit Suisse by a larger competitor, UBS

According to reports, Silicon Valley Bank has sold to First Citizens Bank, which will later take over $119 billion in deposits from Silicon Valley Bank. According to Crypto KOL, th

According to reports, people familiar with the matter said that First Citizens BancShares of the United States is in in-depth negotiations to acquire Silicon Valley Bank, and an ag

According to reports, market news indicates that Silicon Valley National Bank and First Citizen Bank are interested in bidding for the failed Silicon Valley bank.
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On March 24th, according to local time on the 23rd, a person familiar with the matter said that United Bank, a US customer, was considering acquiring all or part of the assets of B

On March 24th, the Voyager Unsecured Creditors Committee (Voyager UCC) disclosed on social media that the US government had previously moved to seek a permanent \”suspension\” of the

According to reports, First CITIZENS of the United States will continue to seek to acquire Silicon Valley Bank. First Citizen Bank of the United States may participate in this week

According to reports, the Swiss Central Bank said that UBS announced its acquisition of Credit Suisse today. Significant liquidity assistance will be provided to support UBS’s acquisition of Credit Suisse. Both UBS and Credit Suisse have unrestricted access to the existing facilities of the Swiss Central Bank. The acquisition was achieved with the support of the Swiss Federal Government, the Swiss financial market regulator Finma, and the Swiss Central Bank. The Swiss Central Bank said it could provide up to 100 billion Swiss francs of liquidity assistance loans to Credit Suisse and provide federal default guarantees. Swiss Central Bank: Can provide up to 100 billion Swiss francs of liquidity assistance loans to Credit Suisse Analysis based on this information:UBS, one of the largest investment banks in the world, has acquired Credit Suisse, another Swiss bank, as reported by the Swiss Central Bank. This acquisition is significant news, as it indicates a consolidation in the Swiss banking sector. To support this…

According to reports from the Financial Times, people familiar with the matter said UBS had agreed to acquire Credit Suisse and raised its bid to more than $2 billion. UBS will purchase the shares of Credit Suisse at a price of more than 0.5 Swiss francs per share, which is still far below the closing price of 1.86 Swiss francs last Friday. In addition, UBS has agreed to soften the “material adverse change” clause, which stipulates that if UBS’s credit default spreads soar, the transaction will lapse. The material adverse change clause will apply between the signing and completion of the transaction. People familiar with the matter also said that the Swiss authorities have obtained the prior approval of relevant regulatory bodies in the United States and Europe, and it is expected that the United States and Europe will issue a joint statement today. Two people familiar with the matter said UBS would significantly shrink Credit Suisse’s investment banking business,…

According to reports, the United States Office of the Comptroller of the Currency has approved Flag Star Bank to purchase the assets of the signing bank Transition Bank and assume

According to reports from Forbes, New York Community Bancorp has taken over Signature Bank and will assume most of its deposits. Flagstar Bank, a subsidiary of New York Community Bank, will operate 40 branches of Signature Bank and most of its deposit businesses, while the Federal Deposit Insurance Corporation (FDIC) will handle $4 billion in digital bank deposits that are not included in the sale. Forbes: New York Community Bank has taken over Signature Bank Analysis based on this information:The news of New York Community Bancorp taking over Signature Bank has come as a surprise to many in the banking world. As per reports from Forbes, New York Community Bancorp has acquired most of the deposits of Signature Bank, while Flagstar Bank (a subsidiary of New York Community Bank) will operate 40 branches of Signature Bank along with most of its deposit businesses. The acquisition is a significant development in the banking industry, and it highlights the growing consolidation trend….

According to reports, after Credit Suisse Group announced that it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group is reportedly considering acquiring the banking giant. However, UBS requires regulatory support to prevent any losses it may incur when acquiring Credit Suisse. According to unnamed sources familiar with the matter, UBS Group, the world’s largest private bank, hopes regulators will uphold the transaction. Source: UBS is considering acquiring Credit Suisse and requesting regulatory support for the transaction Analysis based on this information:The announcement by Credit Suisse Group that it plans to borrow 50 billion Swiss francs from the Swiss National Bank has brought about rumors of a possible acquisition by the UBS Group. The world’s largest private bank is enthusiastic about taking over Credit Suisse, but is seeking regulatory support to avoid any financial losses that may arise from the acquisition. According to sources familiar with the matter, UBS Group’s interest in acquiring Credit Suisse is…

According to reports, people familiar with the matter have revealed that the Swiss authorities are considering nationalizing Credit Suisse Group wholly or partially as the only viable option beyond the acquisition of UBS Group. According to people familiar with the matter, due to the complexity of the transaction arrangement and the short time frame involved, if the acquisition of UBS Group fails, the country is considering either taking over Credit Suisse completely or holding a significant stake in Credit Suisse. The situation is very unstable and there is still a possibility of change as the Swiss authorities seek to finalize a solution for Credit Suisse before the Asian market opens (late at night European time). The Swiss finance ministry declined to comment. UBS’s acquisition of Credit Suisse has many complexities, including whether the government will provide guarantees to cover possible legal and other losses. Swiss authorities are reportedly considering nationalizing Credit Suisse in whole or in part Analysis based on…

According to reports, according to the Financial Times, UBS has proposed to acquire Credit Suisse for up to $1 billion. The Swiss authorities are planning to amend the country’s laws to bypass shareholder votes on the deal, as they are eager to finalize the deal by Monday. Four people familiar with the matter said that an all stock transaction between Switzerland’s two largest banks would be signed as early as Sunday night, and the transaction price would be only a small portion of Credit Suisse’s closing price on Friday, which would almost cost Credit Suisse’s shareholders nothing. People familiar with the matter said that on Sunday morning, the two sides had a communication on the acquisition offer. UBS proposed to purchase the shares of Credit Suisse at a price of 0.25 Swiss francs per share, which was far lower than the closing price of 1.86 Swiss francs last Friday. People familiar with the matter added that UBS also insisted on…

According to reports, according to the Financial Times, Switzerland (the authorities) is preparing to take emergency measures to allow UBS to acquire Credit Suisse. Switzerland is preparing to take emergency measures to get UBS to buy Credit Suisse Analysis based on this information:Switzerland’s Financial Market Supervisory Authority (FINMA) is reportedly preparing to take emergency measures to allow UBS to acquire its rival Credit Suisse. This move has been prompted by the ongoing financial struggles of Credit Suisse, which has been hit hard by losses in recent years. The acquisition of Credit Suisse by UBS has been a topic of discussion for some time, with analysts predicting that it would be a good strategic move for UBS. However, there have been concerns that such a large-scale acquisition could create systemic risk in Switzerland’s financial system. These concerns have been heightened by the recent troubles at Credit Suisse, which has been struggling to recover from a series of scandals and mismanagement. In…

According to reports, Bill Ackermann, founder of Pershing Square Capital Management, tweeted, “I heard that Bank of America will acquire signature banks on Monday. Unless we can protect uninsured deposits, the cost of capital for small banks will rise, forcing them to merge or be acquired by SIB (System Important Bank). I don’t think this is beneficial for the United States.” Hedge fund giant Akman: Bank of America may acquire Signature Bank on Monday Analysis based on this information:The recent tweet by Bill Ackermann regarding Bank of America’s announcement to acquire the Signature Banks on Monday, has caused a lot of stir in the finance industry. While the acquisition may seem like a positive step for Bank of America, it could create a ripple effect on small banks. Ackermann’s concern is that small banks will bear the cost of capital due to the increased risk that comes with uninsured deposits. Small banks derive a significant portion of their funding from…

According to reports, according to people familiar with the matter, Deutsche Bank is closely monitoring the situation of Credit Suisse Group to look for possible opportunities to acquire certain businesses of Credit Suisse. The internal discussions at Deutsche Bank involved which parts of Credit Suisse would be attractive if they were acquired or spun off by UBS Group, and how large a valuation they would give to these assets if they were listed. Insider: Deutsche Bank is studying the acquisition of Credit Suisse assets Analysis based on this information:Recently, it has been reported that Deutsche Bank is closely monitoring the situation of Credit Suisse Group to explore possible opportunities to acquire certain businesses of Credit Suisse. This move has come amidst the aftermath of the Archegos Capital Management crisis which hit the Swiss bank hard, resulting in a significant decline in its profits and revenue. To make matters worse, Credit Suisse announced last month that it would incur a loss…