/biz/ - Business & Finance

>>54206160
bullish or bearish? for btc of course

>>54206160
the chocolate bar company from england?

>>54206160
UBS on suicide watch, they literally ignored shareholders, everyone will dump that shit

fuck mountain jews

>be shareholder
>get overruled by the gubermints
>lose all your money

>>54206325
This their shares go to shit tomorrow this is insane.

They literally forced them trillions in toxic debt and made them pay for it while ignoring shareholders

>>54206160
kek how the price more than doubled in 6 hours

>>54206348
Anything so that normie headline readers see "bank buys other bank" and not "bank nationalized"

>>54206160
>>54206160
I can't fucking believe it.
I'm an incoming full time analyst at Credit Suisse for their Investment Banking Division and it seems I'm about to get canned.
WHAT THE FUCK, WHY IS MY LUCK SO SHIT

>>54206376
Thr gubmint probably added some candy to ease the acquisition

>>54206395
Next time get a real job in an industry that isn't a tax-subsidized casino.

>>54206160
Done on a Sunday lol...

>>54206271
Look at the current price action and you'll get your answer.

>>54206160
>swiss authorities expected to change country's law to bypass ubs shareholder vote
this is big

>>54206395
You get what you fucking deserve

>>54206433
What happens when UBS eventually turns into a new CS

>>54206433

keep in mind the swiss central bank threw 60 billion into CS a few months ago. i guess they expect UBS to pay that back now

>>54206391
omg yes queen

>>54206348
They’d take down both companies and nationalize them before admitting one of them failed
And CS failed

>>54206478
Nationalization

>>54206325
>>54206348
This shitshow just keeps going and going and going. What a time to be alive.

spit on its grave

if i were a UBS shareholder i would dump my shares asap

>>54206391
whats so scary about nationalizing?

>>54206395
lol, i am friends with 3 associates(-ack) who are going there
as far as i'm concerned, you parasites get what you fucking deserve, better look at pepsico corporate finance positions faglord
>i'm in it for the money :)

>>54206478
they rug another bank and another until everyone is rugged and the unthinkable happens

>>54206419
>>54206460
>>54206621
Why do you bums hate investment bankers?
We facilitate the growth of companies.

>>54206637
heb de latz

he's baiting you absolute retards

>>54206637
We just don't need bankers anymore. It's nothing personal.

>>54206660
I'm not going to post my offer on here. Believe me or don't, I don't give a single fuck.

>>54206395
>Credit Suisse
>full time analyst
So, your skill set didn't warn you what a dog pile of shit you were about to depend on a paycheck for? Didn't see that coming? It was never a question of "if", but "when".
t. de-banked last October.

>>54206617
It forces bankers to admit they are parasitic welfare queens, considering most are hardcore libertarian this hurts their feelings.

>>54206395
you made the decision to accept employment there, it's a two-way street

>>54206679
I get that it's bad for the bank(s) , it shows they are shit at their jobs and greedy to boot. But for the average citizen, why would a nationalization headline be bad

>>54206679
Poor bankers need the Federal Government to wipe their asses and change their diapers.

>>54206637
Oy vey
Well, anyway

>>54206637
You facilite the growth of crypto scams, tax evaders, the war industry, Mexican drug cartels, online casinos, dictators and the oil mafia. You are a parasite that contributes to humanities worst ills.

>>54206668
How so?
>>54206678
The thing is, the bank was going to spin off into CSFB and be ran by Klein. I thought we'd have enough time to achieve the spin-off. Secondly, the bank is still Top 10 on league tables, so it's not a shit bank when it comes to its capabilities.

>>54206548
they're giving UBS a mountain of special concessions. I'd love to read it all when it comes out but I'd suggest it would be a very lenient debt covenant if they even expect it back

>>54206735
If you really and truly have to ask then you are so far behind there is zero hope for you. Start praying.

So many fucking retards ITT
You will never be successful, keep seething

>>54206740
>gov pays out 60b, loses it
>gives new concessions on top of that
but where does the ((((money)))) come from

>>54206710
It won't. Government bailouts without ownership stake is fucking retarded, it's like giving a coke addict cash. In the average citizens' best interest would be a completely public banking and financial system like in China.

>>54206637
>We facilitate the growth of companies.
Lol, lmao even
You charge millions of dollars to help executives buy or sell depending on the flavor of the month on Wall Street.
You don't actually create any value, most mergers are not accretive, most sales are executives cashing out their bags, the economy is fake and you go around bragging about how much you steal while providing no actual value. Investment banking is making up numbers to put in a slide deck and getting screamed at by clients/MDs for using the wrong font in a footnote. You all deserve the misery you bring upon yourselves.

>>54206762
big talk for someone who just got laid off, get a job bum

>>54206160
There’s a NWO card for this

>>54206762
Get a job, bum

>>54206395
Shoulda analyze better nigga

>>54206774
>let's go back to barter economy and gold
Faggot do you wanna guess who made fiat currency completely independent from the gold standard?
I'll give you a hint.... it wasn't a jew

>>54206637
It's the internet. Everybody gets dunked on, especially parasites like you.

>>54206735
>>54206762
The CS MDs will be at competitors within the next month and all juniors will be laid off. You read it here first, kid.
>>54206859
I'm a big fan of Uncle, and he did what was needed at the time. Also I'd put more value in the Volk than 21st century Weimerica. I'm not saying we should halt all economic activity and trade bullets for cigs, just that capitalism as it exists today is broken and gay.
>apps with billion dollar valuations
>shipping manufacturing to asian communists
etc. if you're not diversified into land/gold/btc outside of equities there's not much i can do for your mouthbreathing ass.

>>54206325

but the bank was about to go bankrupt, right ? So it was either lose some money or lose all of it

And you can't really sell shares of a dying company if nobody wants to buy it

>>54206932
he means from the UBS side. Shareholders don't get a say in if they want UBS to do this acquisition

>>54206160
isnt 2bil still like -75% (after an already -95% stock kek)

bullshit that this can be allowed to go through

>>54206160
this feels like a financial suicide pact.

>>54206932
1 there were people buying CS stocks like always happens when companies have tough times as there was no real talks that UBS would take over

2 UBS shareholders probably dont want this shitbank under their roof because this will be a massive liability for UBS and most likey cost them money and tank the stock price

3 UBS pais 20 cents per share when on friday the stock was at 2$

>>54207029
It's like UBS has just been forced to drink poison

>>54207009
Forced by a third party

They'll failed too now that they were forced to buy 1 trillion shitty bags

>>54206160
gonna say fake and gay 2b is the value of some generic tranny start up

>>54206966
ok my bad

maybe CS had some assets that can be profitable in the long run for UBS

>>54206301
They were forced by the Swiss government

>>54207236
Hence why the suicide watch, every shareholder will dump that shit after the fake gov pump

>make mess
>government changes the law to force others to clean up your mess

>>54207189
not $2b, but (((more than))) $2b. how much more? not for you to know, goyim. weasel words to conjure plausible deniability.

>CS is 200b under
>some other company buys it for 2b
how is this going to help in any way? 200b are still gone

>>54207401
The 200 billions are assets (loans). You can't value a bank like other companies.The market cap is a tiny fraction of their assets (loans).

Why are they bypassing the shareholder vote at all? If it were a decent deal, the shareholders would approve it. They're only doing this because they're clearly fucking the shareholders. As a foreigner, why would I want to invest in Swiss domiciled assets after this?

>>54206395
Thanks for playing!

>>54206710

>why would a nationalization headline be bad

Because the gubment assumed the toxic assets and they will be paid for by inflation.

>>54206679
How the fuck are bankers libertarian? This bailout printing money shit is anything but libertarian.

>Switzerland is granting UBS a 9 billion franc ($9.7 billion) guarantee to cover potential losses related to its takeover of Credit Suisse via @TheTerminal

is 9b enough though?

>>54206395
learn a trade instead of a meme job

>>54206637
Because most people aren't using investment banking services for the investment, they just want somewhere to store their money.

>>54206284
Toblerone (/ˈtoʊbləroʊn/ TOH-blər-ohn, German: [tobləˈroːnə]) is a Swiss chocolate brand[1] produced in Bern, Switzerland,[2] sometimes manufactured elsewhere in the past, and planned to be made in Slovakia from the end of 2023. Toblerone is known for its distinctive shape, a series of joined triangular prisms and lettering engraved in the chocolate.

The company was independent from 1899 until 1970, then merged with Suchard, then with Jacobs as Jacobs Suchard, then acquired by Kraft Foods, then by Mondelez International in 2012.[3]

>>54206395
kwab

>>54208013
They are libertarian at cocktail parties but socialist leeches when the rubber meets the road.

>>54207314
Clean it up, brokies

>>54209641
I'm the opposite.

>>54206160
>lets just change the law so it becomes legal to do this
the mountain jews are pulling a big one here, I have a feeling it rugs the world

deutsche and that fucking softbank gook next
enjoy

>>54206395
I got out of CS 4 years ago. Could see the writing on the wall. There were talks of a UBS takeover even back then.

>>54209270
thank you based cGPT bot

Is UBS good, or they are fucked too ?

>>54206395

>>54208142
If they need to change the law to force the shareholders to bite the bullet, probably not

>>54210717
https://twitter.com/zerohedge/status/1637539105994096641?cxt=HHwWgoC26YHJ2rktAAAA Totally facked!

So WTF happens to my CS Puts?

>the penultimate act of the global banking system (before their inevitable collapse-nationalization) is going to be forming a bunch of Bank-tryoshka dolls of poisonous assets

>>54206271
>bullish or bearish?
Nigger you serious? They're forcing investors to sell at 0.08c and not at the market price of 1.86$ that's like a 96% loss they are sending a msg to anyone with stocks in banks that you're going to lose 96% of your money and you have no say in it. If your bag is to big to bailout you will have your assets devalued to zero and sold at a loss like credit suisse. People pulling their money out of smaller banks and putting them in bigger banks are now at risk of losing it all wheras before it was only little to medium banks. EVERY BANK IS NOW AT RISK SO TO ANSWER YOUR QUESTION IT'S SO FUCKING BEARISH THE BEAR IS SPEAKING RUSSIAN AS IT LEAVES THE CAVE

>>54212890

>>54214858
it's fucking bullish for crypto

>>54206160
so now you'll have 2 failing banks instead of 1

>>54215341
Boomers gotta boom

>>54215250
it's bullish for fiat.

>>54206160
>toblerone

Isnt that the name of that one fancy chocolate company?

>>54206637
Looks like you just facilitated the death of the worldwide banking industry.

>>54207618
Who would like to buy Eruopean stocks anyway?

>>54214858

>>54207212
Debt as a service

>>54206160
this is the part where UBS realises just how fucked CS was and it brings them down too

>>54206637
It’s okay anon

>>54207618
>As a foreigner, why would I want to invest in Swiss domiciled assets after this?

Congrats anon, you've figured out why this is all such a big deal. Twin this with what happened a year ago- the seizure of assets owned by the Russian state, Russian companies, and even individuals who just so happened to he rich and Russian, and you have the collapse of the current globalised system that props up the West (Anglosphere in particular). Switzerland was seen as THE most politically stable and autistically neutral state in the world.

The system where the West buys Saudi oil and Chinese dog toys with USD, CHF, GBP, and Euros, and in return the Saudis and Chinese 'invest' those Euros (both on a national and individual level) in our real estate and ponzi financial and tech corporations is a walking corpse. A big fucking deal, and something our politicians are too stupid to understand.

>>54221113
Only 200k marketcap. This is an EZ 10x. Hurry.

http://tethies.com

>>54206325
>>54206348
I literally don't understand stockfags, this is what happens when you trust the system

>>54206301
this
Also why would UBSs shareholders want to take responsibility for CSs toxic bags

>>54207009
>>54207106
yes.

What happens to my CS boomer rocks?

>>54221371
Yours?
If they are yours go down there and withdraw them.
If.

>>54221113
>Switzerland was seen as THE most politically stable and autistically neutral state in the world
It's a real shame that it all it takes is one retarded government to undo a pristine reputation built up over more than a century

>>54206160
>Bussin buys Credit Sussin

>>54206348
please explain "toxic debt" to me like I'm retarded

>>54206637
Kill yourself, Jew. Believe me, it'll be a lot worse if we get to you.

>>54206395
Can you analyze these nutz in your mouth

>>54206160
>>54221113
this is the meat of the issue. americans and their political proxies are destroying Switzerlands reputation as a neutral and trustable country.

>>54206284
Why does every faggot mutt think that everything in Europe is either engl*sh or french?