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u b. s. take cover of credits with has lay the foundation for greater stability, both in switzerland and internationally, switzerland. second largest bank had been in trouble for some time, suffering scandals, public legal battles and mounting losses. these longstanding vulnerabilities were brought to the surface by the collapse of silicon valley bank and signature bank in the u. s. highlighting just ho panicked investors are there is hope that the financial problems were unique to credit suisse and could therefore be contained in this deal. but experts warn this may not be the case. once a large and highly connected institution, such as this runs into trouble. there is always a risk of contagion, and it may be a good idea for regulators and central bankers to try to get ahead of the problem. central banks across the globe are faced with a potential crisis of confidence in the stability of their financial system. as investors and depositors are like fear a looming credit crunch of the us federal r
u b. s. take cover of credits with has lay the foundation for greater stability, both in switzerland and internationally, switzerland. second largest bank had been in trouble for some time, suffering scandals, public legal battles and mounting losses. these longstanding vulnerabilities were brought to the surface by the collapse of silicon valley bank and signature bank in the u. s. highlighting just ho panicked investors are there is hope that the financial problems were unique to credit...
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Mar 20, 2023
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u. b. s as buying troubles rival credit suisse in the states bag deal to avoid market turmoil. the federal council is convinced that u. b. s. take cover of credit's face has laid the foundations for greatest stability, both in switzerland and international. ah, i'm told mccrae the sel 0 live from our ha also coming up. president potent welcomes, what he calls china's constructive role and trying to in the ukraine war ahead of shing ping's visit to moscow. roms president accepts an invitation by the king of saudi arabia to visit riyadh after years of hostility and gone. his government is undefined running out of vaccines as it struggles to contain a measles outbreak. ah, the swiss government has persuaded you yes to buy a struggling rival credit suisse for just over $3000000000.00. in the latest effort to stim market turmoil there began a week ago with the collapse of silicon valley bank and the us, the source national bank says it will ensure both banks have access to the necessary liquidity to underpin the deal. soon after the swiss announcement, the u. s. federal reserve european central bank and other major central banks came
u. b. s as buying troubles rival credit suisse in the states bag deal to avoid market turmoil. the federal council is convinced that u. b. s. take cover of credit's face has laid the foundations for greatest stability, both in switzerland and international. ah, i'm told mccrae the sel 0 live from our ha also coming up. president potent welcomes, what he calls china's constructive role and trying to in the ukraine war ahead of shing ping's visit to moscow. roms president accepts an invitation by...
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Mar 19, 2023
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u. b. s. as buying troubled rival credit suisse in a state bank deal to avoid market turmoil. the federal counselors convinced that u b. s take cover of credit space has laid the foundations for greatest stability, both in switzerland and internationally. ah, until mccrae, this is al jazeera alive from doha, also coming up president potent welcomes, what he calls china's constructive role and trying to in the ukraine war head of shing. ping's visit to moscow. mending ties around president will comes an invitation by the king of saudi arabia to visit viet plus. i am, pardon me with that and losses on west delaware. sharp on an onion prices has led to a huge crisis farm with lim, this on climate change and government policy. ah, this was government has persuaded u. b. s to been struggling rival credit suisse for just have a 3000000000 dollars in the latest effort to stim market turmoil that began a week ago with the collapse of silicon valley bank. and the you with the swiss national bank says it will ensure both banks have access to the necessary liquidity to underpin the deal. soon after the swiss announcement, the u. s. fede
u. b. s. as buying troubled rival credit suisse in a state bank deal to avoid market turmoil. the federal counselors convinced that u b. s take cover of credit space has laid the foundations for greatest stability, both in switzerland and internationally. ah, until mccrae, this is al jazeera alive from doha, also coming up president potent welcomes, what he calls china's constructive role and trying to in the ukraine war head of shing. ping's visit to moscow. mending ties around president will...
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Mar 20, 2023
03/23
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u. b. s. take over credits. reese appears to have eased concerns somewhat on the global markets. or the emergency rescue deal was announced on sunday after tense weekend bankers, regulators and government officials struggle to save the swiss lender. monday saw a bumpy day of trading on global share markets. as investors try to digest the deal . many asian markets close down, but major exchanges in europe recovered from early losses. and by the end of the morning trade session in the u. s. a dot drones was up roughly one percent. credit suisse shares with down 56 percent of clothes is biggest ever daily decline. u. b. s is paying $3250000000.00. a credit suisse about 60 percent less than the bank was worth when markets closed on friday. 167 year old bank was once worth more than $90000000000.00. the focker is in london with more on the european market reactions . the fading here in the british capital that we may have averted the worst of a financial crisis of the like, not seen in 2008 as a result of what happened to credit suisse. but at the same time, although the market seemed
u. b. s. take over credits. reese appears to have eased concerns somewhat on the global markets. or the emergency rescue deal was announced on sunday after tense weekend bankers, regulators and government officials struggle to save the swiss lender. monday saw a bumpy day of trading on global share markets. as investors try to digest the deal . many asian markets close down, but major exchanges in europe recovered from early losses. and by the end of the morning trade session in the u. s. a dot...
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Mar 20, 2023
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u. b. s. take cover of credits with has laid the foundation for greater stability, both in switzerland and internationally. chris roy back has a bank leadership x that explains what the merger means with and international customers. obviously you vs credit suisse. they have investment banking arms across the world, wealth management for ultra reach individuals across the world asset management across the world. so in, in those areas there isn't a monopoly because there are other banks like goldman sachs, morgan stanley, barclays, hsbc, certainly for the swiss, there is an issue about, you know, there will be one major bank on the high street that said switzerland has a significant number of smaller local banks do provide perhaps much more than many other countries, a significant local service. so for your average swiss person who wants a current account just to keep their personal finances running there well covered in the high street. but for customers that want to take on more banking services, a
u. b. s. take cover of credits with has laid the foundation for greater stability, both in switzerland and internationally. chris roy back has a bank leadership x that explains what the merger means with and international customers. obviously you vs credit suisse. they have investment banking arms across the world, wealth management for ultra reach individuals across the world asset management across the world. so in, in those areas there isn't a monopoly because there are other banks like...
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u b. s. wants help from the swiss government for a possible take over. do you know what's being discussed here from what we understand from those who are close the negotiations, u. b s is offered $1000000000.00 for the take over would be an all share deal. and what it means is that basically shareholders would take a significant haircut here. $1000000000.00 means about $0.27 a share. the, the business closed area shares close at about a $1.70 on friday so you can see the kind of loss the shareholders would take. they want a 6000000000 dollars and guarantees because there are a lot of open questions around the business. i mentioned the legal troubles, the credit suisse has been in that there's a lot of money, potentially outstanding, their, their legal judgments against them, if their regulatory fines coming against them. and because the swiss government wants the steel to go forward because they have their foot on the gas pedal here, it's likely that u b. s will get a better deal than not. but there probably will also be pushback from credit suisse on the
u b. s. wants help from the swiss government for a possible take over. do you know what's being discussed here from what we understand from those who are close the negotiations, u. b s is offered $1000000000.00 for the take over would be an all share deal. and what it means is that basically shareholders would take a significant haircut here. $1000000000.00 means about $0.27 a share. the, the business closed area shares close at about a $1.70 on friday so you can see the kind of loss the...
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was he mentioned really already many european banks are taking it on the chin right now. we've seen the u. b. s. which of course is taking over credit suisse. they're down deutscher, bank and tases apollo. so the major banks in switzerland, germany, italy, all down at the beginning of trading. investors right now are trying to understand sort of the new reality of where they stand and they're a little bit anxious. there are 2 things that really stand out. one is the scale of this deals. you said $3200000000.00 to the largest banks in the world. but also some of the details behind this deal. and that is the shareholders really took a major loss because of it. they weren't even allowed to vote on it. also that there was a certain class of bonds that are completely wiped out. so investors in those bonds not only in the credit suisse versions of those bonds, but the similar bonds that are there elsewhere with other banks. they're taking a look around right now, and they're getting a little nervous. and so that is really what's going on right now. not to mention it in the u. s, they're still unfinis
was he mentioned really already many european banks are taking it on the chin right now. we've seen the u. b. s. which of course is taking over credit suisse. they're down deutscher, bank and tases apollo. so the major banks in switzerland, germany, italy, all down at the beginning of trading. investors right now are trying to understand sort of the new reality of where they stand and they're a little bit anxious. there are 2 things that really stand out. one is the scale of this deals. you...
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u b. s is take over of rival credit suisse was the best option to avoid a financial crisis. the bankruptcy of a global systematically important bank would have cross irreparable economic term oil in switzerland and throughout the world. for this reason, switzerland had to take the responsibilities beyond its own borders. the south central bank has agreed to offer a $100000000000.00 loan, and the government will guarantee up to $9000000000.00 of potential losses. should you be s his losses from the takeover exceed a certain threshold. was says for toys is, is means we bring back stability and security for credit suisse clients that is very important that city. and also we keep the reputation of switzerland as a financial center. hi weiss, cd. and finally, it means that we are stemming the turmoil in the international financial markets. these are the 3 goals that are very, very important to us. since at the right spec, a to z, a z, a z of is to seen phones. credit suisse is balance sheet is around double the size of lehman brothers, which triggered the 2008 financial crisis wh
u b. s is take over of rival credit suisse was the best option to avoid a financial crisis. the bankruptcy of a global systematically important bank would have cross irreparable economic term oil in switzerland and throughout the world. for this reason, switzerland had to take the responsibilities beyond its own borders. the south central bank has agreed to offer a $100000000000.00 loan, and the government will guarantee up to $9000000000.00 of potential losses. should you be s his losses from...
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u b. s is take over of rival credit suisse was the best option to avoid a financial crisis. the bankruptcy of a global systematically important bank would have cost irreparable economic term oil in switzerland and throughout the world. for this reason, switzerland had to take the responsibilities.
u b. s is take over of rival credit suisse was the best option to avoid a financial crisis. the bankruptcy of a global systematically important bank would have cost irreparable economic term oil in switzerland and throughout the world. for this reason, switzerland had to take the responsibilities.
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u. b. s is to take over. it's embattled rival credit suisse at the price of more than $3000000000.00. moving to come sector. i'm it vs that an ongoing banking crisis quote to stabilize the global financial system. that means you're up to date up next sports life on house women kind of help children with autism. don't forget there's also more news on our website, the d. w dot com and on our social media channels i'll handle is dw i eddie micro junior, thanks for watching. i do stay tuned for more news. a talk with a journalism helped us in overcoming division.
u. b. s is to take over. it's embattled rival credit suisse at the price of more than $3000000000.00. moving to come sector. i'm it vs that an ongoing banking crisis quote to stabilize the global financial system. that means you're up to date up next sports life on house women kind of help children with autism. don't forget there's also more news on our website, the d. w dot com and on our social media channels i'll handle is dw i eddie micro junior, thanks for watching. i do stay tuned for...
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u. b. s is to take over its battle driver credit suisse at a price of more than $3000000000.00. the move aims to calm the sector as feel as mount that an ongoing banking.
u. b. s is to take over its battle driver credit suisse at a price of more than $3000000000.00. the move aims to calm the sector as feel as mount that an ongoing banking.
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u. b. s reached a deal to take over its embattled rival credit suisse. the swiss government is preparing emergency measures to fast track the approval that have been fears that the crises could destabilized the global financial system after the collapse of 2 banks in the us. ah, the humbling end of a banking icon, the swiss government hastily forced through the takeover of credit suisse by rival u. v. s. at well below market value. switzerland is fearful that a failure to protect depositors could lead to a global banking crisis. the bankruptcy of a global, systematically important thank would have crossed irreparable economic term oil in switzerland and throughout the world. the federal council is convinced that u b. s. takeover of credit suisse has laid the foundations for greater stability, both in switzerland and internationally. switzerland. second largest bank had been in trouble for some time, suffering scandals, public legal battles and mounting losses. these longstanding vulnerabilities were brought to the surface by the collapse of silicon valle
u. b. s reached a deal to take over its embattled rival credit suisse. the swiss government is preparing emergency measures to fast track the approval that have been fears that the crises could destabilized the global financial system after the collapse of 2 banks in the us. ah, the humbling end of a banking icon, the swiss government hastily forced through the takeover of credit suisse by rival u. v. s. at well below market value. switzerland is fearful that a failure to protect depositors...
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u. b. s agree to take over credit suisse. germany is bracing for severe transport delays and disruptions on monday. the country's 2 major trade unions verde and e v g have announced a nationwide public transport strike. verde is now demanding a more than 10 percent pay raise for public sector workers. a chat, g p t being bar, just some of the most prominent consumer facing ai applications out there. but how do they get so advance? well, there's a learning process and that takes constant feeding of the information. and that work often tedious, is done far away from silicon valley, and it's created a small industry of its own. take a look. rashni is one of some, 200 women who work at this data center in southern india. the 25 year olds job as a data worker and bob's feeding algorithms with new information. this just seems like a given a, giving an individuality to me. like i, i feel as an india that like i am earning know i'm a dependent and i'm her freedom of a like a financial freedom is something different if you are experiencing that. her company employs more than 700 people who all gradu
u. b. s agree to take over credit suisse. germany is bracing for severe transport delays and disruptions on monday. the country's 2 major trade unions verde and e v g have announced a nationwide public transport strike. verde is now demanding a more than 10 percent pay raise for public sector workers. a chat, g p t being bar, just some of the most prominent consumer facing ai applications out there. but how do they get so advance? well, there's a learning process and that takes constant feeding...
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u. b. s. agreed to take over credits or staying in the war to finance the world's biggest crypto exchange binds, paused trading on friday due to a technical glitch. teddy australia has got more on this for us from wall street. teddy. what were wrong? that's right. by nance, the world's largest crypto currency exchange appears to have suffered a glitch. so finance halted all trading for 2 hours. that also includes deposits and withdrawals. now you may be thinking, well, there's a lot of phone key business in the crypt overs right. we see a lot of glitches, but finance is a really important institution in the crypt overs. it's huge and it's even larger after the collapse of f t x last year. that is the crypto currency exchange of the now disgrace sam bank meant fried, and that's not all right. it's somewhat rare for all trading to be halted like this . so it's certainly going to draw the attention of regulators that are already scrutinizing its financial wild west of sorts. that is the crypto world. the most stories in the crypto well is coming out as well. don't quan, the entrepreneur charges le
u. b. s. agreed to take over credits or staying in the war to finance the world's biggest crypto exchange binds, paused trading on friday due to a technical glitch. teddy australia has got more on this for us from wall street. teddy. what were wrong? that's right. by nance, the world's largest crypto currency exchange appears to have suffered a glitch. so finance halted all trading for 2 hours. that also includes deposits and withdrawals. now you may be thinking, well, there's a lot of phone...
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u. b. s. is to take over at them bottled rival credits with the price of more than $2000000000.00. the move aims to calm the sector. i'm it vs that an ongoing banking crisis quote to stabilize the global financial assistance. and you are up to date next up. don't fall for those 3 men risking arrested to seek vailable stones in the south africa. does mon use at a tow for the odd to stay with them or flying rivers formed by hey waterfalls. perspiring trees or c evaporation during forest fires.
u. b. s. is to take over at them bottled rival credits with the price of more than $2000000000.00. the move aims to calm the sector. i'm it vs that an ongoing banking crisis quote to stabilize the global financial assistance. and you are up to date next up. don't fall for those 3 men risking arrested to seek vailable stones in the south africa. does mon use at a tow for the odd to stay with them or flying rivers formed by hey waterfalls. perspiring trees or c evaporation during forest fires.
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u. b. s, is taking over its troubled rival credit suisse sharp drop and credits. we shares this week, raise concerns are cross european financial markets. as major indexes fell on contagion fears across the board, big banks were effective as well. with the banking sector done by 13 percent this week, goldman sachs predicted financial institutions would remain under pressure until a comprehensive approach is implemented. us markets are dealing with the fall out as well. was banks being propped up with $100000000000.00 bill outs by the federal reserve and the treasury department where you're using all tools at their disposal to mitigate the crisis or recent study, so that more than 180 us banks are in danger of collapse due to uninsured deposit while the government's cash infusion has helped prevent a meltdown the feds failure to disclose all the banks receiving the aid has caused rumors to swirl and as well as some market waters to express fears are possible. repeat of the 2008 financial crisis crisis. i mean the concerns are t correspondent caleb mop and examines
u. b. s, is taking over its troubled rival credit suisse sharp drop and credits. we shares this week, raise concerns are cross european financial markets. as major indexes fell on contagion fears across the board, big banks were effective as well. with the banking sector done by 13 percent this week, goldman sachs predicted financial institutions would remain under pressure until a comprehensive approach is implemented. us markets are dealing with the fall out as well. was banks being propped...
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u. b. s. has reached a deal to take over its embattled rival, credit suisse of takeover was arranged quickly over the weekend. i made fears that the banking crisis could div stabilized the global financial system. so it's linda is preparing emergency measures to fast track approvals. and you be asked will receive liquidity assistance from the swiss state. the turbo was unleashed by the collapse of 2 u. s. backs. the humbling end of the banking icon. the swiss government hastily forced through the takeover of credit suisse by rival ye, the s at well below market value of switzerland is fearful that a failure to protect depositors could lead to a global banking crisis. the bankruptcy of a global systematically important bank would have cost irreparable economic term oil in switzerland and throughout the world. the federal counselors convinced that u b. s. takeover of credit suisse has laid the foundations for greatest stability, both in switzerland and internationally. switzerland, 2nd largest bank had been in trouble for some time, suffering scandals, public legal battles and mounting losses. thes
u. b. s. has reached a deal to take over its embattled rival, credit suisse of takeover was arranged quickly over the weekend. i made fears that the banking crisis could div stabilized the global financial system. so it's linda is preparing emergency measures to fast track approvals. and you be asked will receive liquidity assistance from the swiss state. the turbo was unleashed by the collapse of 2 u. s. backs. the humbling end of the banking icon. the swiss government hastily forced through...
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u. b. s. could be just a way to find out what's behind to take of it. ah, i am at the mike a junior welcome to the program. russian president vladimir putin has made what the kremlin calls the spontaneous visit to occupy my real poll. exiled authorities from the korean city condemned the trip, which came out after another and announced stopped in crimea, which are russia illegally, annexed in 2014. their visits come after on a restaurant was issued by an international criminal court on a friday accusing. let me put in of war crimes with during the and its trip build as a working visit by the kremlin. the russian leader travelled by car driving himself to several districts in mariel, pull, chatting with people outside and visiting them in newly built homes, of which he also received updates about reconstruction works in and around the heavily destroyed city with little before returning to russia to meet with his top military commander, the port city of mario pole had been home to some 450000 people before the russian siege. much of the strategically impo
u. b. s. could be just a way to find out what's behind to take of it. ah, i am at the mike a junior welcome to the program. russian president vladimir putin has made what the kremlin calls the spontaneous visit to occupy my real poll. exiled authorities from the korean city condemned the trip, which came out after another and announced stopped in crimea, which are russia illegally, annexed in 2014. their visits come after on a restaurant was issued by an international criminal court on a friday...
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u b. s. is to take over by it's m boss, hold rival credits with the price of more than $2000000000.00. the move aims to calm the sector. i'm it vs that an ongoing banking crisis quote to stabilize the global financial system. and you are up to date next up. don't film for those 3 men risking arrested to seek bible stones in the south africa. does more news at the top or the stay with them or flying rivers formed by hey waterfalls. perspiring trees or c evaporation during forest fires. like the mind they'll get the answer in general. hey, why invisible river? that flows through the sky starts march 23rd on d, w o. 3 with the ball court in guns with the this is once you get it feels moment now is like and my name is he money laid out you gun, fight media. icdc is those say what the day when you go by that a global, but i don't think that he's got any media this in the beginning, it was one guy and define dash diamond. while he was scratching 4 meter in after it, one guy, he told the other guy, so it's carol and it goes to dish that cutting the fancy the polish man's was a feel they can.
u b. s. is to take over by it's m boss, hold rival credits with the price of more than $2000000000.00. the move aims to calm the sector. i'm it vs that an ongoing banking crisis quote to stabilize the global financial system. and you are up to date next up. don't film for those 3 men risking arrested to seek bible stones in the south africa. does more news at the top or the stay with them or flying rivers formed by hey waterfalls. perspiring trees or c evaporation during forest fires. like the...
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u b. s is that to take will buy it bottled, rival credit suisse at the price of more than $3000000000.00. the movie. com, the sector, vs that are ongoing banking crisis. go to stabilize the global financial system. and that's all we have for you for now. next up report i looked at why in a poll has one of the worst and safety records in the world. don't forget, there's also more news on our website. i. d, w dot com and our social media channels i handle is that d w. i am eddy micah junior. thanks no for your time with every journey with we've got it all out you one day in the in the put.
u b. s is that to take will buy it bottled, rival credit suisse at the price of more than $3000000000.00. the movie. com, the sector, vs that are ongoing banking crisis. go to stabilize the global financial system. and that's all we have for you for now. next up report i looked at why in a poll has one of the worst and safety records in the world. don't forget, there's also more news on our website. i. d, w dot com and our social media channels i handle is that d w. i am eddy micah junior....
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u. b. s is to take over its embattled drive. we'll credit suisse at a price of more than $3000000000.00. the move aims to bomb the sector as feel as.
u. b. s is to take over its embattled drive. we'll credit suisse at a price of more than $3000000000.00. the move aims to bomb the sector as feel as.
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about top story was announced, biggest bank u b s is set to take will buy. it's a bottle of rival credit suisse or the prize of more than $3000000000.00. moving to com, the sector, mid vs that are ongoing banking crisis, go to stabilize the global financial system. and that's all we have for you for now. next up reports i looks at why in a poll has won the west as safety records in the world. don't forget there's also more news on our website. i. d, w dot com and our social media channels. i'll handle that d. w. news. i am eddie micah junior. thanks. no for your time. with every journey is full of surprises. we've gone all out to give you some tips one day in the footsteps of the right people. i'm in your northernmost count, please. ah, for a time one, still very much alive, dw channels, your guy to the special with recognizes where exactly. it was fun and i learned a lot our culture history, all their d. w. travel extremely worth a visit with oh, the power as a nation. blessed with stunning landscapes and high altitude peaks pertaining to the skies. here is
about top story was announced, biggest bank u b s is set to take will buy. it's a bottle of rival credit suisse or the prize of more than $3000000000.00. moving to com, the sector, mid vs that are ongoing banking crisis, go to stabilize the global financial system. and that's all we have for you for now. next up reports i looks at why in a poll has won the west as safety records in the world. don't forget there's also more news on our website. i. d, w dot com and our social media channels. i'll...
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u b. s. switzerland biggest bank will take over credit suisse slash speak to francis coppola about this. she is a commentator, an economist and is joining us from kent in the u. k. thank you so much for, for being with us. what do you make 1st of this announcement to day by our, the swiss authorities that u. b. s will be taking over credit suisse. was this expected? i think it was. and indeed, i think something like this has been on the cards for a few months now. really, since credit has gotten difficulties loft also i'm it's, it's been suffering out flows of deposits for really my some months now. and so it was difficult to see how it could be resolved in any way that didn't hold some kind of take over. explain to us why credit suisse got in trouble in the 1st place. why is switzerland's biggest bang 2nd biggest bank in fact being rescued today? what happened? well, as a really, i mean, credit suisse is problems go back a some years. it's got evolved in all manner of, of deals that it shouldn't be done. you know, like mozambique chin a bombs and it lost a lot of money when go white arti
u b. s. switzerland biggest bank will take over credit suisse slash speak to francis coppola about this. she is a commentator, an economist and is joining us from kent in the u. k. thank you so much for, for being with us. what do you make 1st of this announcement to day by our, the swiss authorities that u. b. s will be taking over credit suisse. was this expected? i think it was. and indeed, i think something like this has been on the cards for a few months now. really, since credit has...
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u . b. s. so strike galactose taking decisive action there. but does that mean bit on the piano? it's too early to say we're in the clear of the battle against high interest rates, continues and, and of course there's the psychological aspect of this as well. will this move calm down and other moves by central banks around the world? will they come down? investors and depositors, it's to some to say, but early indications for market sort of open on monday, i do show some positive signs according to some analysts. so, and that's one indication, but it's, it's far too early to say for sure if we're st. lucie the end of this i, let's keep our fingers crossed, then you'd have, you'd have bought a alex footman. thank you. now, russian president, vladimir putin has made a surprise visit to occupy mario, port exiled authorities from the ukrainian city have condemned the trip. it came off to another unannounced stop and crimea, which russia illegally annexed in 2014. he's a wanted man by the international criminal court, for alleged war crimes and ukraine. but here is president vladimir
u . b. s. so strike galactose taking decisive action there. but does that mean bit on the piano? it's too early to say we're in the clear of the battle against high interest rates, continues and, and of course there's the psychological aspect of this as well. will this move calm down and other moves by central banks around the world? will they come down? investors and depositors, it's to some to say, but early indications for market sort of open on monday, i do show some positive signs...
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u b. s is set to take over. it's bottled rival credit suisse at a price of more than $3000000000.00. the move aims to call the sector amid fears that an ongoing banking crisis could de stabilize the global financial system. you're watching dw news from berlin. world stories is up next. i'm terry martin. thanks for watching a we're interested in the global economy. our portfolio d w business beyond. here's a closer look at the project. our mission. to analyze the flight for market dominance. get a step ahead with d w. business beyond we're all set to go beyond the obvious citizenship and we're all in. as we take on the we're all about the stories that matter to you. whatever it takes to leave my follow with w. fire made with this week on world story. iran women fighting for their rights spain, why villagers are taking their clothes. but 1st we turned to tunisia an anti immigrant speech delivered by tenicia president ty thad has killed racist violence in the country. as a result, many migrants want to leave. there's not much to do now that he's lost his job. pierre zonker came from cam
u b. s is set to take over. it's bottled rival credit suisse at a price of more than $3000000000.00. the move aims to call the sector amid fears that an ongoing banking crisis could de stabilize the global financial system. you're watching dw news from berlin. world stories is up next. i'm terry martin. thanks for watching a we're interested in the global economy. our portfolio d w business beyond. here's a closer look at the project. our mission. to analyze the flight for market dominance. get...
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u. s over that and let's turn to another struggling bank. moving over to europe. now, credit suisse in a short move the swift government, arranging a hasty take over by competitor u b. s. but is this a good deal? well i suppose that you asked the, is it a good deal? i dare say the credit suisse shareholders think it's a very, very bad deal. and on the u. b. s side looks like a pretty good deal. they've got lots of guarantees in place. they able to sue, have credit suisse for a pretty low price. so i would say for u. b. s shareholders, yes, it was like a very good deal. but for the credit suisse shareholders, it looks like a very bad deal. instead, a lot of the credit suisse trail that i think going be scratching the head saying wouldn't, we've been better office if they still have not gone through. it's not possible criticisms any worth about $3000000000.00 at the end of the day. it must be worth more than that to somebody anyway, so i think they're going to be saying this is a very bad deal indeed for us. okay, but i mean, looking at u b. s shareholders and yes, they got managed to get cheap price here, but they are being punished in the way because, you know, the
u. s over that and let's turn to another struggling bank. moving over to europe. now, credit suisse in a short move the swift government, arranging a hasty take over by competitor u b. s. but is this a good deal? well i suppose that you asked the, is it a good deal? i dare say the credit suisse shareholders think it's a very, very bad deal. and on the u. b. s side looks like a pretty good deal. they've got lots of guarantees in place. they able to sue, have credit suisse for a pretty low price....
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u. b. s is set to take over its battled rival credit suisse at a price of more than $3000000000.00. to move aims to call the sector amid fears that an ongoing banking crisis could de stabilize the global financial system. you're watching dw news from berlin. world stories is up next. i'm terry martin. thanks with a with interest in the global economy. our portfolio d. w. business beyond here's a closer look at the project. our mission.
u. b. s is set to take over its battled rival credit suisse at a price of more than $3000000000.00. to move aims to call the sector amid fears that an ongoing banking crisis could de stabilize the global financial system. you're watching dw news from berlin. world stories is up next. i'm terry martin. thanks with a with interest in the global economy. our portfolio d. w. business beyond here's a closer look at the project. our mission.
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u b. s is to take over its battle driver credit suisse at a price of more than $3000000000.00. the move aimed to calm the sector as feel as.
u b. s is to take over its battle driver credit suisse at a price of more than $3000000000.00. the move aimed to calm the sector as feel as.
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u. b. s. has a balance sheet of one trillion. it's taking over g, a credits with a gun sheet of about half the size. so together it's gonna be one very substantive logically, and i think it's a, it's meant to be a strong sign of for building trust. now, there is, was authorities not a big way to stabilize the situation in critical. ok, so we have 2 banks in the u. s, which go down and cause this problem in switzerland. central banks now are scrambling to com fears that this could ripple around the world. that is, that risk now contained no, it's not to her pity contained her. but i think her, what you really notice is that authorities have to learn from the great financial crisis in 2008, 2009. so they are acting much faster than they did in the past. they're acting strongly and sending out signs of trust, building and weren't sure. so i want you to recognize that fundamentals are much stronger today than they were in 2009 capital or is higher in the banks. regulation is stronger than tighter. it was disappointing. that to the con valley ban
u. b. s. has a balance sheet of one trillion. it's taking over g, a credits with a gun sheet of about half the size. so together it's gonna be one very substantive logically, and i think it's a, it's meant to be a strong sign of for building trust. now, there is, was authorities not a big way to stabilize the situation in critical. ok, so we have 2 banks in the u. s, which go down and cause this problem in switzerland. central banks now are scrambling to com fears that this could ripple around...
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united bank of switzerland, better known as u b s today announced it will take over credit suisse ubs will pay three billion u. s dollars for its smaller rival credit suisse had been dealing with a string of losses over the past few weeks and was hit very hard by the silicon valley bank failure. the government brokered deal as part of an effort to avoid further turmoil in global banking. the liquidity outflows and market volatility showed that it was no longer possible to restore the necessary confidence and that's a swift and stabilizing solution was absolutely necessary. the deal is also made possible due to the swiss government's $100 billion loan to you. b s the turmoil in the banking industry at home and abroad comes as the federal reserve meets this week to consider another interest rate hike. the fed had been raising interest rates at a rapid rate to contain the biggest jump in inflation since the 19 eighties . those rates are now above 4.5% compared to near zero just a year ago. earlier today, on mornings and two we spoke with morgan stanley's george machete , he points out. t
united bank of switzerland, better known as u b s today announced it will take over credit suisse ubs will pay three billion u. s dollars for its smaller rival credit suisse had been dealing with a string of losses over the past few weeks and was hit very hard by the silicon valley bank failure. the government brokered deal as part of an effort to avoid further turmoil in global banking. the liquidity outflows and market volatility showed that it was no longer possible to restore the necessary...
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u. b. s. as during up to take were words in battle drive of credit suisse. i'm would feel as an ongoing banking crisis could be stabilized with lobel financial systems, switzerland. it's preparing emergency measures to foster critical role after dorm while unleashed by the collapse of silicon valley bank and signature bank in the us . now support as a form, a box on a prime minister, emron con, half clashed with police outside the court, and some abad where he was due to a pure ford to face corruption charges the unrest of the latest and an ongoing showdown between authorities and consul bought us several arrest warrants against con, happened, cancelled on condition he appeals in court at the end of this month. ah, chaotic scenes outside a court in the pakistani capital islamabad clashes between the police and emerald. hans supporters meant the former prime minister could not enter the court. and a crucial judicial hearing has been adjourned till the end of march. from ne, multiple times. again, board who told the court multiple times. righty. that your swor
u. b. s. as during up to take were words in battle drive of credit suisse. i'm would feel as an ongoing banking crisis could be stabilized with lobel financial systems, switzerland. it's preparing emergency measures to foster critical role after dorm while unleashed by the collapse of silicon valley bank and signature bank in the us . now support as a form, a box on a prime minister, emron con, half clashed with police outside the court, and some abad where he was due to a pure ford to face...
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u. b. s has reached the deal to take over some baffled rival credit suisse for just over $3000000000.00. the takeover. com submit fears that an ongoing banking crisis could these stabilize the global financial system, which is preparing emergency measures to fast track to take over and u. b. s. will receive liquidity, assistance from the state of turmoil, was unleashed by the class of 2 bags in the us. here's the swiss president, alamba say speaking as the deal was announced, the liquid at the outflows, and market volatility shows that it was no longer possible to restore the necessary confidence. and that the swift and stabilizing solution was absolutely necessary. and the solution is a takeover of credit histories by u. b. s. it is supported by the for the rights on sil following several meetings with the c national bank. we've our regulator, the fema with crazy stories, and you'll be us and pretty much can't see, welcomes the stakeholder and is supporting it by guaranteeing the framework conditions necessary for its success. steven beardsley from the w business is with us now in the s
u. b. s has reached the deal to take over some baffled rival credit suisse for just over $3000000000.00. the takeover. com submit fears that an ongoing banking crisis could these stabilize the global financial system, which is preparing emergency measures to fast track to take over and u. b. s. will receive liquidity, assistance from the state of turmoil, was unleashed by the class of 2 bags in the us. here's the swiss president, alamba say speaking as the deal was announced, the liquid at the...
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u. b. s is in talk to take over its embattled rival kitty's fees. the negotiations come in mid fears. an ongoing banking crisis could de stabilized the global financial system. switzerland is preparing emergency measures to fast track and take over after the term or after the turmoil and leased by the collapse of 2 banks in the united states. supporters of former prime minister, pakistani prime minister rather enron can have clashed with police outside the court in islamabad, where he was due to appear to face corruption charges. the unrest is the latest and an ongoing showdown between authorities and con. supporters. several arrest warrants against her and have been cancelled on condition. he appears in court at the end of the month. ah, till it exceeds outside accord in the pakistani capital. islamabad, collages between the police and emerald, han supporters meant the former prime minister. could not enter the code, and a crucial judicial hearing has been adjourned till the end of march. from ne, multiple times. again, board who told the court multiple times of righty. that your swo
u. b. s is in talk to take over its embattled rival kitty's fees. the negotiations come in mid fears. an ongoing banking crisis could de stabilized the global financial system. switzerland is preparing emergency measures to fast track and take over after the term or after the turmoil and leased by the collapse of 2 banks in the united states. supporters of former prime minister, pakistani prime minister rather enron can have clashed with police outside the court in islamabad, where he was due...
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the take over and u. b. s. will receive liquidity assistance from the state. turmoil was unleashed by the collapse with 2 banks in the us. here's the swiss president alarm per se, speaking as the deal was announced, liquidity outflows, and market volatility shows that it was no longer possible to restore the necessary confidence. and that the swift and stabilizing solution was absolutely necessary. and the solution is the takeover of great histories by u. b. s. it is supported by the for the right on sale. following several meetings with national bank. we've our regulator, the feed map, we've tried histories and u b. s. and the federal con, she'd welcome these takeover and is supporting it's by guaranteeing the framework conditions necessary for its success. stephen beardsley from the w a business is with us now in the studio, steve of forced takeover of switzerland, 2nd biggest bank. how our investors reacting? yeah, we've seen today that investors have been trying to find their footing for the most part, look
the take over and u. b. s. will receive liquidity assistance from the state. turmoil was unleashed by the collapse with 2 banks in the us. here's the swiss president alarm per se, speaking as the deal was announced, liquidity outflows, and market volatility shows that it was no longer possible to restore the necessary confidence. and that the swift and stabilizing solution was absolutely necessary. and the solution is the takeover of great histories by u. b. s. it is supported by the for the...
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u. b. s. is going up to take over its embattled drive, credit suisse. i'm it feel is an ongoing banking crisis could destabilized the global financial system for the linda's preparing emergency measures to foster the takeover after dom oil unleashed by the collapse of silicon valley bank and signature bank in the us. now supporters, a form pakistani prime minister enron con half clashed with police outside the court in islamabad, where he was due to appeal to faith corruption, judges the unrest, the latest. an ongoing showdown between authorities and con, support us several arrest warrants against con, have been cancelled on condition he appeals in court at the end of this month. ah, cured exceeds outside a court in the pakistani capital. islamabad, collages between the police and emerald, hans supporters meant the former prime minister, could not enter the court. and a crucial judicial hearing has been adjourned till the end of march. am near multiple times again, board who told the court multiple times. righty. that you're sort of not in control or to
u. b. s. is going up to take over its embattled drive, credit suisse. i'm it feel is an ongoing banking crisis could destabilized the global financial system for the linda's preparing emergency measures to foster the takeover after dom oil unleashed by the collapse of silicon valley bank and signature bank in the us. now supporters, a form pakistani prime minister enron con half clashed with police outside the court in islamabad, where he was due to appeal to faith corruption, judges the...
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u. b. s. is in talk to take over its embattled rival, teddy st. negotiations kind of mid fears. an ongoing banking crisis could the stabilize the global financial system. switzerland is preparing emergency measures to fast track to take over after turmoil and leased by the cap collapse of 2 banks and united states. after reaching a tentative agreement, serbian kosovo have failed to sign a new sponsor deal aimed at normalizing relations. it comes nearly 25 years after incursion by serbian forces park, the nato bombing campaign that ended the conflict. basic serbia has long refused to recognize cost of those 2008 declaration of independence. the death toll from sy clone, freddy in southern africa has risen well above 500. with most of the victims in malawi. storm has also hit mozambique and madagascar dumping an estimated 6 months worth of rain in a week. over half a 1000000 people have been affected as the resulting flooding and mudslides swept away homes, roads, and bridges. supporters of former pakistani prime minister in rand can have clashed with police outside the court in i
u. b. s. is in talk to take over its embattled rival, teddy st. negotiations kind of mid fears. an ongoing banking crisis could the stabilize the global financial system. switzerland is preparing emergency measures to fast track to take over after turmoil and leased by the cap collapse of 2 banks and united states. after reaching a tentative agreement, serbian kosovo have failed to sign a new sponsor deal aimed at normalizing relations. it comes nearly 25 years after incursion by serbian forces...
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u. b. s. is in talk to take over its embattled rival. could these negotiations come mid fears? an ongoing banking crisis could be stabilized. the global financial system, switzerland is preparing emergency measures to fast track take over after turmoil and leased by the collapse of 2 banks in the united states. after reaching a tentative agreement, serbian cost will have failed to sign and you sponsor deal aimed at normalizing relations. becomes after nearly 25 years nearly 25 years after an incursion by serbian forces sparked a nato bombing campaign that ended the conflict survey has long refused to recognize without a cost of those 2008 ration of independence from 27 supporters of former pakistani prime minister him ran can have clashed with police outside the court in islamabad, where he was due to appear to face corruption charges. the unrest is the latest in an ongoing showdown between authorities and can supporters several arrest warrants against can have been cancelled on condition he appear in court. at the end of this month. chaotic scenes outside a court in the pakist
u. b. s. is in talk to take over its embattled rival. could these negotiations come mid fears? an ongoing banking crisis could be stabilized. the global financial system, switzerland is preparing emergency measures to fast track take over after turmoil and leased by the collapse of 2 banks in the united states. after reaching a tentative agreement, serbian cost will have failed to sign and you sponsor deal aimed at normalizing relations. becomes after nearly 25 years nearly 25 years after an...