Many in Switzerland have said that UBS’ takeover of Credit Suisse was necessary to avoid a calamitous banking crisis like that seen in 2008.
UBS News
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An indicator of European bank default risk soars and stocks tumble on March 24 amid renewed fears surrounding the financial system.
18295Bitcoin price finally broke through the $28,000 mark, but BTC futures and options data suggest some traders are uneasy about the strength of the recent bullish momentum.
19187Swiss authorities agreed to change the country's regulations to bypass a shareholder vote and announce the deal over the weekend.
17150A 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.
15132The emergency preparation will allow the takeover to proceed without the usual “six-week consultation period” with shareholders, according to people familiar with the situation.
11717With atomic settlement technology, the company said its digital bond settles through the SIX Digital Exchange (SDX), not requiring a central clearing counterparty.
3593The UBS chief said the bank continues to urge caution when it comes to crypto exposure for its clients.
2759UBS has joined the phalanx of banks expressing concern over their customers investing in digital assets.
7208Global banks are scanning clients in Hong Kong on potential political ties amid protests over China-initiated national security law.
2940Commerzbank, Credit Suisse and UBS carried out the first transactions on Deutsche Boerse and HQLAX’s DLT-enabled security lending platform.
3379A former executive of investment bank UBS, Claude Waelchli, has established a United States-based digital securities issuance platform dubbed Tokenyz.
2306Some of the world’s leading banks are allegedly currently investing around $50 million to build a blockchain-powered digital cash system.
3298UBS’ Paul Donovan repeats Bitcoin bashing from last year, claiming it will “never be a currency.”
8694Bitcoin still has to grapple with volatility, scalability, and regulators before becoming a “legitimate asset class,” says Swiss bank UBS.
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