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The Cheap Investor

The Cheap Investor

  • Headlines
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The Cheap Investor

The Cheap Investor

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Headlines

Credit Suisse Says $17 Billion Of Its Debt Now Worthless, Angering Bondholders
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  • Reuters

Credit Suisse Says $17 Billion Of Its Debt Now Worthless, Angering Bondholders

The Cheap InvestorMarch 19, 20230

By Pablo Mayo Cerqueiro, Chiara Elisei and Davide Barbuscia LONDON/NEW YORK (Reuters) – Credit Suisse said 16 billion Swiss francs…

World Markets Set For Relief After UBS Rescues Credit Suisse
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  • Reuters

World Markets Set For Relief After UBS Rescues Credit Suisse

The Cheap InvestorMarch 19, 20230

By Dhara Ranasinghe and Amanda Cooper LONDON (Reuters) – Financial markets are poised for relief on Monday after UBS Group…

Credit Suisse Writes Down $17 Billion Of Bonds To Zero, Angering Holders
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  • Reuters

Credit Suisse Writes Down $17 Billion Of Bonds To Zero, Angering Holders

The Cheap InvestorMarch 19, 20230

By Pablo Mayo Cerqueiro and Chiara Elisei LONDON (Reuters) – Credit Suisse has written down its Additional Tier 1 bonds…

UBS To Take Over Credit Suisse To Stem Global Crisis Of Confidence
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  • Reuters

UBS To Take Over Credit Suisse To Stem Global Crisis Of Confidence

The Cheap InvestorMarch 19, 20230

BERN (Reuters) -UBS will take over Credit Suisse, Swiss authorities said on Sunday, in a deal to combine Switzerland’s top…

UBS Close To Finalizing Deal For Credit Suisse -source
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  • Reuters

UBS Close To Finalizing Deal For Credit Suisse -source

The Cheap InvestorMarch 19, 20230

By Stefania Spezzati, Oliver Hirt and John O’Donnell (Reuters) – UBS is close to finalizing a deal to buy rival…

Former Goldman Sachs CEO Blankfein Says US Banking Crisis Will Slow Growth
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Former Goldman Sachs CEO Blankfein Says US Banking Crisis Will Slow Growth

The Cheap InvestorMarch 19, 20230

By Kanishka Singh WASHINGTON (Reuters) – Former Goldman Sachs CEO Lloyd Blankfein said on Sunday the banking crisis in the…

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

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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  • Reuters

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…

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