agreement

  • Credit Suisse and UBS To Merge? Regulators Race To Reach Agreement

    According to reports, the Financial Times quoted people familiar with the matter as saying that Credit Suisse, UBS and their main regulators are stepping up efforts to reach an agreement on the historic merger of Switzerland’s two largest banks, which will be reached as soon as Saturday evening. The Swiss Central Bank and the Swiss Financial Market Supervisory Authority (Finma) have stated to their international counterparts that they believe that reaching a deal with UBS is the only option to prevent the market from collapsing in confidence in Credit Suisse. Regulators in the United States, Britain, and Switzerland are considering the legal structure of the transaction, as well as several concessions UBS is seeking. People familiar with the matter: UBS and Swiss regulators will complete the transaction with Credit Suisse as soon as Saturday evening Analysis based on this information:Reports suggest that Credit Suisse and UBS, Switzerland’s two largest banks, are edging ever closer to a historic merger deal. According…

    03/18/2023
    131
  • Aave DAO Freezes Multiple Stablecoins to Mitigate Risks in the Agreement

    According to the report, the loan agreement Aave said that in view of the current fluctuations around the stable currency, the Aave DAO has frozen USDC, USDT, …

    03/12/2023
    135
  • MicroStrategy Raises Millions Through Stock Sales

    According to reports, Michael Saylor\’s MicroStrategy (MSTR) revealed that since the agreement was reached with the underwriter Cowen and Company on the sale of…

    02/17/2023
    127