Stock Market News

Credit Suisse’s First Boston plan in doubt amid crisis talks -Bloomberg

2023.03.19 10:01


© Reuters. FILE PHOTO: A view of the Credit Suisse logo on a building in Singapore March 16, 2023. REUTERS/Caroline Chia

(Reuters) – Credit Suisse’s plan to spin off its investment bank under the First Boston brand are being thrown into doubt by takeover talks, Bloomberg News reported on Sunday.

UBS is showing little appetite for Credit Suisse’s investment banking business as part of a government-orchestrated takeover, the report said, adding that plans to separate and eventually list that business are in doubt.

UBS and Credit Suisse did not immediately respond to Reuters requests for comment.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 104,274.94 0.69%
ethereum
Ethereum (ETH) $ 2,491.34 2.40%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.36 1.79%
bnb
BNB (BNB) $ 653.90 0.34%
solana
Solana (SOL) $ 172.07 0.35%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.231089 1.76%
cardano
Cardano (ADA) $ 0.794322 1.70%
tron
TRON (TRX) $ 0.261409 0.54%
staked-ether
Lido Staked Ether (STETH) $ 2,489.85 2.24%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 103,998.86 0.51%
sui
Sui (SUI) $ 3.97 0.37%
chainlink
Chainlink (LINK) $ 16.65 1.33%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,982.05 2.15%
avalanche-2
Avalanche (AVAX) $ 24.60 0.28%
stellar
Stellar (XLM) $ 0.305044 0.13%
shiba-inu
Shiba Inu (SHIB) $ 0.000016 0.53%
hedera-hashgraph
Hedera (HBAR) $ 0.205528 1.72%
the-open-network
Toncoin (TON) $ 3.42 1.54%
hyperliquid
Hyperliquid (HYPE) $ 24.48 2.92%
bitcoin-cash
Bitcoin Cash (BCH) $ 410.35 2.58%
usds
USDS (USDS) $ 1.00 0.01%
pi-network
Pi Network (PI) $ 1.10 50.05%
leo-token
LEO Token (LEO) $ 8.34 3.70%
polkadot
Polkadot (DOT) $ 5.06 0.05%
litecoin
Litecoin (LTC) $ 100.37 1.82%
weth
WETH (WETH) $ 2,492.50 2.28%
monero
Monero (XMR) $ 330.07 0.14%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,656.10 2.11%
bitget-token
Bitget Token (BGB) $ 4.84 0.62%
pepe
Pepe (PEPE) $ 0.000013 3.27%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.13%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 104,264.94 0.72%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.01%
whitebit
WhiteBIT Coin (WBT) $ 30.17 0.35%
uniswap
Uniswap (UNI) $ 6.88 2.40%
bittensor
Bittensor (TAO) $ 448.81 0.58%
near
NEAR Protocol (NEAR) $ 3.15 4.90%
aptos
Aptos (APT) $ 5.90 2.42%
dai
Dai (DAI) $ 1.00 0.03%
aave
Aave (AAVE) $ 218.83 1.53%
okb
OKB (OKB) $ 55.08 1.03%
ondo-finance
Ondo (ONDO) $ 1.03 0.28%
internet-computer
Internet Computer (ICP) $ 5.66 3.16%
ethereum-classic
Ethereum Classic (ETC) $ 19.79 0.59%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
susds
sUSDS (SUSDS) $ 1.05 0.01%
crypto-com-chain
Cronos (CRO) $ 0.099067 1.40%
kaspa
Kaspa (KAS) $ 0.107218 1.71%