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March 2023

UBS Makes Offer For Credit Suisse As Contagion Fears Grow
  • Headlines
  • Reuters

UBS Makes Offer For Credit Suisse As Contagion Fears Grow

The Cheap InvestorMarch 19, 20230

By Stefania Spezzati, Oliver Hirt and John O’Donnell (Reuters) – UBS Group AG is in emergency talks to buy fellow…

VW's Skoda Would Cut 3,000 Jobs If 'Euro 7' Implemented In Current Form
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VW’s Skoda Would Cut 3,000 Jobs If ‘Euro 7’ Implemented In Current Form

The Cheap InvestorMarch 19, 20230

PRAGUE (Reuters) – Czech carmaker Skoda would have to cut 3,000 jobs and axe some models if the European Union’s…

UBS Offers Up To $1 Billion For Credit Suisse In Race To Save Bank: FT
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UBS Offers Up To $1 Billion For Credit Suisse In Race To Save Bank: FT

The Cheap InvestorMarch 19, 20230

By Stefania Spezzati, Oliver Hirt and John O’Donnell (Reuters) – UBS Group AG has offered to buy Credit Suisse for…

As Economy Worsens, Lebanese Juggle Dizzying Rates For Devalued Pound
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As Economy Worsens, Lebanese Juggle Dizzying Rates For Devalued Pound

The Cheap InvestorMarch 19, 20230

By Emilie Madi and Mohamed Azakir BEIRUT (Reuters) – When Caroline Sadaka buys groceries in the Lebanese capital Beirut, she…

Credit Suisse, UBS Crunch Talks; US Bank Fallout: What You Need To Know
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  • Reuters

Credit Suisse, UBS Crunch Talks; US Bank Fallout: What You Need To Know

The Cheap InvestorMarch 19, 20230

(Reuters) – UBS AG is asking the Swiss government to cover about $6 billion in costs if it were to…

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  • Economy

Analysis-Asset concerns weigh on U.S. regional bank deal talks

The Cheap InvestorMarch 19, 2023March 19, 20230

By David French NEW YORK (Reuters) – Some U.S. regional banks’ efforts to raise capital and allay fears about their…

UBS Mulls Credit Suisse Takeover Amid US Bank Fallout: What You Need To Know
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  • Reuters

UBS Mulls Credit Suisse Takeover Amid US Bank Fallout: What You Need To Know

The Cheap InvestorMarch 19, 20230

(Reuters) – UBS AG is asking the Swiss government to cover about $6 billion in costs if it were to…

Crunch Time For Credit Suisse Talks As UBS Seeks Swiss Assurances
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  • Reuters

Crunch Time For Credit Suisse Talks As UBS Seeks Swiss Assurances

The Cheap InvestorMarch 18, 20230

By Stefania Spezzati, Oliver Hirt and John O’Donnell (Reuters) – Talks over rescuing Credit Suisse rolled into Sunday as UBS…

Warren Buffett In Discussions With Biden Officials On Banking Crisis-source
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  • Reuters

Warren Buffett In Discussions With Biden Officials On Banking Crisis-source

The Cheap InvestorMarch 18, 20230

WILMINGTON, Delaware (Reuters) – Berkshire Hathaway Inc’s Warren Buffett has held discussions with senior Biden adminstration officials about the banking…

BlackRock's Hildebrand Reportedly Taking Part In UBS, Credit Suisse Talks
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  • Reuters

BlackRock’s Hildebrand Reportedly Taking Part In UBS, Credit Suisse Talks

The Cheap InvestorMarch 18, 20230

(Reuters) – BlackRock Inc Vice Chairman Philipp Hildebrand is taking part in talks as Swiss officials try to put together…

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