Newsfeeds Archive - Spark Newswire

1 minute read

Reported Earlier, The Swiss Government Has Signed A $331M Contract For The Purchase Of New Long-Range Missiles For The Patriot Ground-To-Air Defence System

October 31, 2:42 PM

https://www.swissinfo.ch/eng/switzerland-signs-contract-for-american-long-range-guided-missiles/48940188The purchase was announced by the Swiss army's procurement agency armasuisse on Tuesday. The

EWL

1 minute read

Global
News

Ford Motor Co – Ford F-150 Lightning Is Coming To Switzerland In Limited Numbers This Year; Ford F-150 Lightning Can Be Ordered From November And Costs 127,000 Swiss Francs

By Benzinga Newsdesk

October 31, 11:07 AM

https://media.ford.com/content/fordmedia/fna/us/en/news/2023/10/31/f-150-lightning-goes-global-again--electric-truck-headed-to-swit.html#:~:text=With%20its%20planned%20launch%20set,and%20costs%20127%2C000%20Swiss%20franc

EWL

2 minute read

BofA Sees 20% Downside In EU Stocks As Markets Realign With Reality And Analysts Turn Bearish Citing Recession Risks

By Piero Cingari

April 21, 9:21 AM

Bank of America analysts reiterated a markedly bearish stance on the fate of European equities, predicting a decline of at least 20% by the end of the year for the Euro Stoxx 600 index amid a deteriorating mac

EWI

3 minute read

FINMA Approves Merger Of UBS And Credit Suisse

By Charles Gross

March 19, 3:01 PM

The Swiss Financial Market Supervisory Authority FINMA has approved the takeover of Credit Suisse by UBS. FINMA welcomes the takeover solution and the measures taken by the Swiss Confederation and the Swiss National Bank SNB. The transaction and the measures taken will ensure stability for the bank's customers and for the financial centre.

1 minute read

News

Swiss President Said Takeover Of Credit Suisse By UBS Is The Best Solution To Provide Confidence In The Swiss Financial Centre; Said Under Gov’t Loss Guarantee UBS Would Assume The First CHF 5B, Federal Government The Next CHF 9B, UBS Would Assume Any…

By Charles Gross

March 19, 2:54 PM

-Reuters https://www.reuters.com/business/crunch-time-credit-suisse-talks-ubs-seeks-swiss-assurances-2023-03-19/

1 minute read

News

The Swiss Government Will Hold An Important Press Conference Later On Sunday, Reported Broadcaster SRF

By Charles Gross

March 19, 11:11 AM

https://www.srf.ch/news/wirtschaft/krise-bei-der-credit-suisse-berichte-ubs-soll-bis-zu-1-milliarde-usd-bieten-cs-lehnt-ab

1 minute read

M&A
News

UBS Offers To Buy Credit Suisse For Up To $1B

By Charles Gross

March 19, 7:44 AM

-FT https://www.ft.com/content/ec4be743-052a-4381-a923-c2fbd7ea9cfd

1 minute read

M&A
News

Reuters Reported Earlier: UBS Seeks ~$6B In Government Guarantees For Credit Suisse Deal; Talks Likely to Run Into Sunday

By Charles Gross

March 18, 6:19 PM

https://www.reuters.com/markets/deals/ubs-seeks-about-6-bn-government-guarantees-credit-suisse-deal-source-2023-03-18/#:~:text=March%2018%20(Reuters)%20%2D%20UBS,discussions%20told%20Reuters%20on%20Saturday.

1 minute read

Switzerland Is Preparing Emergency Measures To Fast-track Takeover By UBS Of Credit Suisse

By Charles Gross

March 18, 3:43 PM

-Financial Times https://www.ft.com/content/5746165a-3a0c-42c7-9a2e-cb7cf5f33f46

1 minute read

News

Swiss Govt Held Extraordinary Meeting On Saturday Evening On The Subject Of Credit Suisse

By Charles Gross

March 18, 3:00 PM

-NZZ https://www.nzz.ch/wirtschaft/credit-suisse-in-der-krise-die-schweizerische-nationalbank-sichert-der-grossbank-nach-kurssturz-liquiditaetshilfen-zu-ld.1678291