swiss Archives - Investment Watch Blog

Swiss Parliament Rejects $129.82 Billion Aid For Credit Suisse-UBS Merger. While the upper house had approved the government’s contribution to the rescue package, parliament’s lower, and larger chamber, pushed back again on Wednesday.

April 13, 2023 7:43 pm

by Dismal-Jellyfish Source: https://www.ndtv.com/world-news/swiss-parliament-rejects-129-82-billion-aid-for-credit-suisse-ubs-merger-3943095 Switzerland’s parliament rejected on Wednesday the government’s 109 billion Swiss francs ($120.82 billion) aid for Credit Suisse’s merger with UBS, leaving the fallen bank’s hastily arranged rescue without a largely symbolic parliamentary blessing. While the upper house …

BAILOUT FAIL: Swiss Parliament rejects 120 billion for Credit Suisse/UBS merger

April 12, 2023 4:11 pm

No Bailout h/t jlee2027

How the Swiss ‘trinity’ forced UBS to save Credit Suisse

March 21, 2023 6:14 pm

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 …

Swiss Government just changed the law and eliminated shareholder rights in UBS’ purchase of Credit Suisse.

March 21, 2023 10:16 am

https://twitter.com/GlobalProTrader/status/1637922637765656578

UBS to takeover Credit Suisse as the 8 Trillion dollar Swiss Banking industry consolidates… Not finalized yet

March 20, 2023 8:57 pmMarch 18, 2023 5:17 pm

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 …

Credit Sus gets $54 BILLION bailout from Swiss Central Bank. Welfare for the rich and incompetent! Yay! Screw you Poors!

March 17, 2023 12:05 pmMarch 16, 2023 7:48 am

Swiss National Bank says it will provide Credit Suisse with liquidity if necessary h/t ethervillage

Major Swiss Bank Going Under! People Crying…

March 16, 2023 10:44 amMarch 15, 2023 7:52 pm

WORSE THAN LEHMAN …far worse pic.twitter.com/HdDmuqy0Uv — iSource News (@isource_news) March 15, 2023 Better source (FOX Business correspondent): Breaking from a @CreditSuisse employee: “panic, meltdowns, people crying.” — Charles Gasparino (@CGasparino) March 15, 2023 But I think that was before …

Swiss National Bank Reports Annual Loss of 132.5 Billion Swiss Francs. Biggest loss in the central bank’s 115-year history.

March 7, 2023 9:51 am

ZURICH (Reuters) -The Swiss National Bank reported on Monday an annual loss of 132.5 billion Swiss francs ($141.54 billion), in line with the provisional calculations it announced in January. The loss, the biggest in the central bank’s 115-year history, was …

Credit Swiss at multi decade low. Banks are looking really scary right now. Tick tock

March 3, 2023 9:36 am

The ECB needs to raise rates a lot. That will put the dagger in this Vampire bank . Euro expected to crash when that happens. And we will see contagion with other banks. Not wise to have large amounts …

Now in WEFland Switzerland, Swiss residents are thrown out of their apartments and replaced by Ukrainian refugees. This has already started in Germany…

February 25, 2023 4:05 pm

via strangesounds: This is bad, real bad! I don’t want to see that in my country! Swiss citizens are now facing forced evictions to house Ukrainian refugees. Just one step further and officials in Switzerland will start requisitioning private property and …

Swiss Economist Marc Faber on Black Swans, Bad Government Policy and WEF

February 15, 2023 6:58 pm

19:30 to 27:00 – pure gold (or silver) “The problem of young generation is that they never had a problem!” There wont be a sound monetary system without the broad understanding and ACTION for repair the clown system, of what …

WEF Open Forum: Member of the Swiss National Council breaks down the need for 15-minute smart neighbourhoods

January 17, 2023 4:11 pm

This has nothing to do with ‘climate’ and everything to do with control. — Right Said Fred (@TheFreds) January 17, 2023

The Swiss national bank lost $143 billion in 2022, by far the worst in its history…

January 9, 2023 9:22 pmJanuary 9, 2023 11:53 am

by silvertomar SNB has been buying foreign stocks and bonds with newly printed Swiss francs as a way to weaken its currency… the only asset in its portfolio that went up was gold… BREAKING NEWS THE SWISS NATIONAL BANK POSTED …

Swiss national bank just casually borrowing 6 billion from the fed last week, I wonder which Swiss bank has liquidity issues. Definitely not one Credit Suisse

October 22, 2022 8:18 am

h/t Grudens_Emails

Swiss hospitals advised to cut power use

September 23, 2022 7:03 pm

Swiss medical institutions could consider reducing electricity consumption amid the worsening energy crisis, said Bastian Schwark, head of the energy department at the country’s Federal Office for National Economic Supply. “Hospitals are exempt from electricity and gas quotas but they …

Swiss army and police preparing for possible coming riots?

August 20, 2022 1:52 pm

Very interesting. This week 550 service men from army and police, conducted the anti terror practice “fides” in and around Bern, the capital of Switzerland. Christian Brenzikofer, the commander of the Bern canton police, spoke to the media about an …

Bad omen? Swiss guard faints during Pope Francis’ weekly audience

August 17, 2022 8:11 pm

Swiss Guard Tasked To Protect Pope Francis, Faints During Weekly Audience https://t.co/9JVTk0D1Ye — Postager (@postager_org) August 17, 2022

The Bank of England faces a new era as even the Swiss raise interest-rates

June 16, 2022 10:24 am

by Shaun Richards Today we have woken up to something of a new reality as we review that rather panicky actions of central banks yesterday. It turned out that the ECB emergency meeting was something of what is called in …

ECB should be worried, look at the Italian 10-year! Swiss producer & import prices inflation surged to new high since Sep. 1981!

June 15, 2022 11:00 am

ECB should be worried, look at the Italian 10-year! pic.twitter.com/aYVMqx8Eux — Special Situations 🌐 Research Newsletter (Jay) (@SpecialSitsNews) June 15, 2022 🇪🇺 #ECB to hold unscheduled meeting to discuss market rout – Reutershttps://t.co/MGGztySGrS — Christophe Barraud🛢🐳 (@C_Barraud) June 15, 2022 …

“Natural” switzerland confiscates 6 billion in russian money is swiss bank accounts, say they will take even MORE

March 25, 2022 10:53 am

“Today, for the first time, I can give you an indication of the amount of frozen funds. To date, SECO has been notified of funds and assets totalling around 5.750 billion Swiss francs,” said Erwin Bollinger, a senior official at …

The Swiss Franc is soaring again reaching parity versus the Euro

March 7, 2022 7:39 pm

by Shaun Richards Situations like the present one bring up all sorts of situations that had gone quiet along the lines of the Paul Simon lyric. Hello darkness, my old friend I’ve come to talk with you again But a …

Swiss Man Identifies as a Woman to Retire Early

February 12, 2022 12:58 pm

by Martin Armstrong As of January 1, Swiss citizens may change their gender on paper for the price of 75 Swiss francs. Four days after the law was implemented, a man (born XY) by the name of Luzerner Zeitung found a way …

Update: Swiss government only stops the booster promotion. Still they recommend to take it

February 3, 2022 2:41 pm

It’s a scam. It is only the booster promotion they stopped, not the recommendation for it. The day they pay for their crimes will be marvelous. Sorry for the misleading first thread title. According to msm, swiss health department (BAG) …

Asset management companies in the Swiss jurisdiction: key characteristics and benefits of owning such a firm

October 28, 2021 8:32 amOctober 28, 2021 8:00 am

At a time when the stock market is currently at a poor level, asset management firms are trying to expand their own businesses and attract new investors to keep their positions. Asset management is the professional management of securities …

Swiss billionaire reportedly helped Democrats win 2020

May 5, 2021 10:47 pm

There are new reports that a Swiss billionaire quietly donated almost a quarter billion dollars to groups aligned with the Democratic party and its leaders, raising questions about the influence of so-called dark money in US politics. So who is …

Swiss Billionaire Pumps $208 Million Into Left-Wing Groups That Help Democrats Win Elections

May 3, 2021 5:22 pm

This is the very definition of foreign interference in elections. https://t.co/ZBUYd5w0Pr — Lauren Boebert (@laurenboebert) May 3, 2021

Gold Demand Coming Back! Swiss Refiners Finally Shipping Gold To China For 1st Time Since Sept 2020

April 8, 2021 1:36 pmApril 6, 2021 7:25 am

Wall St. For Main St., Released on 4/5/21 Last week Reuters broke the story how Indian physical gold demand had surged 471% in March compared to a year ago. Exclusive: India’s March gold imports surge 471% to a record 160 …

With Interest Rates Of Negative .75, Swiss National Bank Ready To Go Even Lower If Necessary

April 22, 2019 11:20 pm

by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Swiss Rates Can Be Lowered Further, SNB’s President Says By Catherine Bosley Bloomberg News Saturday, April 20, 2019 The Swiss National Bank can lower its subzero interest rates even further, President Thomas Jordan told …

The Swiss Central Bank, Also the World’s Largest Hedge Fund, Losing on Tech Stock Bets

December 11, 2018 2:15 pm

via John Rubino: A few years ago the Swiss National Bank (SNB) – which traditionally held “monetary assets” like government bonds, cash and gold to back up the Swiss franc – decided to branch out into common stocks. This was a …

Major Swiss Bank Discourages China Travel After Banker Is Kept in Beijing

October 22, 2018 9:13 am

UBS, the Swiss banking giant, has asked dozens of its wealth managers to check with their bosses before making any trips to mainland China in the coming days, after one of the bank’s advisers to wealthy Chinese clients was prevented …