WILMINGTON, Delaware (Reuters) – Berkshire Hathaway Inc’s Warren Buffett has held discussions with senior Biden adminstration officials about the banking crisis, a source familiar with the[...]
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March 18, 2023
UBS seeks $6 billion in govt guarantees for Credit Suisse takeover -source
By Stefania Spezzati, Oliver Hirt and John O’Donnell (Reuters) -UBS AG is asking the Swiss government to cover about $6 billion in costs if it were to buy Credit Suisse, a person with knowledge[...]
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BlackRock’s Hildebrand reportedly taking part in UBS, Credit Suisse talks
(Reuters) – BlackRock Inc Vice Chairman Philipp Hildebrand is taking part in talks as Swiss officials try to put together a deal for UBS Group to take over Credit Suisse Group AG, Bloomberg News[...]
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Exclusive-UBS seeks about $6 billion in government guarantees for Credit Suisse deal -source
By Oliver Hirt and Stefania Spezzati (Reuters) – UBS Group AG is seeking government guarantees of about $6 billion for a potential takeover of Credit Suisse Group AG, a person with knowledge of[...]
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Analysis-Bank panic raises specter of 2008, may bring lasting change
By Pete Schroeder and Saeed Azhar WASHINGTON (Reuters) – The lightning speed at which the banking industry descended into turmoil has shaken global markets and governments, reviving eerie memori[...]
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U.S. authorities weighing in on possible Credit Suisse-UBS deal: Bloomberg News
(Reuters) – U.S. authorities are working with Swiss counterparts to broker a deal for UBS AG to buy all or part of Credit Suisse Group AG, Bloomberg News reported on Saturday citing people famil[...]
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ECB hawks press case for more rate hikes to fight dogged inflation
By Sabine Siebold and Paul Carrel (Reuters) – The European Central Bank (ECB) will likely need to raise interest rates further to tame persistent inflation, two leading hawks on the bank’s[...]
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Medical tourism slow to recover as patients watch their spending
By Joanna Plucinska BUDAPEST (Reuters) -Attila Knott has an empty clinic that he had planned to open as a dental hospital in Hungary in March of 2020. But the foreigners with bad teeth he had expected[...]
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SVB UK handed out over 15 million stg in bonuses days after HSBC rescue – Sky News
(Reuters) -Silicon Valley Bank’s UK arm handed out over 15 million pounds ($18 million) in bonuses days after its rescue deal this week by HSBC, Sky News reported on Saturday. Payouts to staff i[...]
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