As of March 28, the US Government had just $166B left in cash, after starting the month with $415B. How long will the government hold out? Remember there hasn’t been a single vote on the debt ceiling yet! …
by OptionsKing–CFTC Charles Schwab CDS vs JPM CDS You can even seen the price go up well before SVB (banking crisis as a whole) went under. If I had to take a guess, the company owns a ton of US …
High bond volatility amidst banking crisis suggests that corporate credit spreads remain too tight and may widen significantly in line with the MOVE Index movement. What are your thoughts on this? High #bond #volatility amidst banking crisis suggests that corporate …
by Pengufen Deutsche Bank balance sheet: https://investor-relations.db.com/files/documents/annual-reports/2023/Annual-Financial-Statements-of-Deutsche-Bank-AG-2022.pdf Credit Suisse balance sheet: https://www.credit-suisse.com/about-us/en/reports-research/annual-reports.html (2022 Consolidated financial statement) Most of their assets are illiquid and their reserve and cash on hand balance has shrunk by about 50% from a year ago. The same thing happened to …
by TonyLiberty 1) A credit default swap is an insurance contract that protects you in case a company you lend money to defaults. 2) CDSs can be used by investors to speculate on the creditworthiness of companies. For example, an investor who thinks …
by Michael When there is fear in the air, banks start getting really tight with their money, and right now there is lots of fear in the air. A major credit contraction would be a nightmare scenario for the economy, …
In case you missed it, this was probably the most interesting part that 99.99% won’t get. Suggest reading the book “what every body is saying” Listen then watch very very carefully at the end. The rest is up to you. …
#UBS may back out of Credit Suisse deal. They have too much toxic short positions would be my guess… Things gonna get spicy real fast pic.twitter.com/Tvjk04pC9N — Jack Straw (@JackStr42679640) March 22, 2023 via Reuters: UBS is set to enter …
https://www.cnbc.com/2023/03/20/saudi-national-bank-loses-over-1-billion-on-credit-suisse-investment.html The Saudi National Bank confirmed to CNBC on Monday that it had been hit with a loss of around 80% on its investment in Credit Suisse. ” Saudi National Bank Chairman Ammar Al Khudairy on Wednesday was asked by Bloomberg …
Source – FT The chaos engulfing crosstown rival Credit Suisse, which had become the basket case of European banking after three scandal-ridden years, was now in overdrive. A day earlier, a SFr50bn ($54bn) liquidity backstop from the Swiss central bank had …
UBS Credit Default Swaps spiking- the $CS hot potato is just switching hands… pic.twitter.com/p5J8pMz4T7 — Roberto Rios (@peruvian_bull) March 20, 2023 View post on imgur.com UBS right now pic.twitter.com/5txbQq5FX2 — Satoshidisco (@satoshidisco) March 20, 2023
by Dismal-Jellyfish This is starting to come up in corporate media and expect it to make its way here next as more folks are digging into: https://www.barrons.com/articles/credit-suisse-s-coco-bonds-how-17-bn-disappeared-6283ee5f https://www.reuters.com/markets/rates-bonds/redemption-delay-fears-send-yields-european-banks-coco-bonds-spiking-2023-03-17/ https://www.marketwatch.com/story/the-275-billion-bank-convertible-bond-market-thrown-into-turmoil-after-credit-suisses-securities-wiped-out-3cf8e295 https://www.ft.com/content/b5cd8ff0-4c0e-418c-8e4b-dda1d00fa5a7 https://www.washingtonpost.com/business/2023/03/20/why-credit-suisse-coco-bonds-are-causing-anxiety-quicktake/b50cd2a4-c729-11ed-9cc5-a58a4f6d84cd_story.html https://www.marketwatch.com/story/what-are-cocos-and-why-are-credit-suisses-now-worth-zero-634a65e5 https://www.wsj.com/articles/credit-suisse-bond-wipeout-threatens-250-billion-market-10be7d04 Contingent Convertible Capital Instruments (CoCos) AKA Additional Tier …
Via Financial Times Credit Suisse has told staff that it will continue to hand out bonuses and pay rises as planned this year, despite the bank having to be rescued by UBS in a SFr3bn ($3.25bn) deal over the weekend. Shortly …
By Graham Summers, MBA The banking crisis has just claimed its first major victim. Thus far in this banking crisis, the banks that were in trouble have been large, but not gigantic. The largest was Silicon Valley Bank which was …
by: Ethan Huff (Natural News) The failing 167-year-old Swiss usury branch of private central banking known as Credit Suisse is swimming in scandals, many of them horrendously appalling, that date back many years. Despite only just recently capturing headlines for its …
View post on imgur.com View post on imgur.com https://finance.yahoo.com/quote/CSGN.SW/ View post on imgur.com h/t dr0id
by mark000 Main: https://fred.stlouisfed.org/series/DRTSCILM Wall: https://fred.stlouisfed.org/series/NFCI#0 The Wall St number is going to go vertical over the coming weeks. Check out what it did in Aug 2007….. & and pandemic panic in 2007 to see. For all of the various reasons …
Silicon Valley Bank collapsed. Yet look at this. Wall Street Analysts were highly recommending to buy the stock. Of 19 recommendations since Jan, 13 were buys, 6 were holds. Only on March 10th, as the bank collapsed, did two analysts …
If a deal is not struck, Monday markets would be rocked by a global banking crisis. FT:Switzerland prepares emergency measures to deliver UBS takeover of Credit Suisse Bloomberg: Credit Suisse Investment Bank Said a Key Sticking Point in Talks UBS …
via CNN: The fate of Credit Suisse could be decided in the next 36 hours after a torrid week for Switzerland’s second biggest bank. Investors and customers pulled their money out of Credit Suisse over the past several days as …
CREDIT SUISSE CFO TEAMS BEING CALLED UP TO WORK OVER THE WEEKEND – SOURCES CREDIT SUISSE CFO TEAMS TO WORK ON SCENARIOS FOR BANK – SOURCES — *Walter Bloomberg (@DeItaone) March 17, 2023
View post on imgur.com ‘A “gender fluid” senior director at Credit Suisse has been awarded a place on a list of the Top 100 Women in Business. Philip Bunce, who is known to sometimes go to work in a …
PROFESSOR: “If you try and compare Silicon Valley Bank to Credit Suisse as a problem for your economy… there’s no comparison… CREDIT SUISSE is a BIG BIG DEAL!” Op’s Opinion: If Credit Suisse fails the Contagion will spread rapidly into …
Swiss National Bank says it will provide Credit Suisse with liquidity if necessary h/t ethervillage
by Kaarothh Source: https://www.boerse.de/derivate/credit-spreads/ Its how much it costs annually to insure an investment in credit suisse. In basis points So 1000 basis points is 10% – if you want to insure your $1m investment into credit suisse you have to …
by Chris Black It is ironic that the Credit Suisse Bank CEO name is Lehmann. Cohencidence, naturally. Well, I guess this is the part where the rug gets pulled out from under us. Enter the digital currency because that will …
No more money for Credit Suisse That's what Saudi National Bank Chairman Ammar Abdul Wahed Al Khudairy told @youseftv when asked about more assistance for the troubled lender https://t.co/GFLboCOwyj pic.twitter.com/iSjco40v8D — Bloomberg TV (@BloombergTV) March 15, 2023 BREAKING: "Absolutely" not …
CS is about to not be fine Credit Suisse’s top shareholder rules out providing more financial assistance to the struggling Swiss bank, citing regulatory issues https://t.co/sqjJiRF6mF — Bloomberg (@business) March 15, 2023 Its’ Over For The Swiss Giant! You can’t …
