Deal closed: UBS buys Credit Suisse

Deal closed: UBS buys Credit Suisse

Deal closed: UBS buys Credit Suisse 📌On Sunday night the 2 largest Swiss banks reached an agreement in which UBS will acquire Credit Suisse for 3 billion Swiss francs. Credit Suisse was unable to withstand the continued capital outflows following the failure of...
Credit Suisse loses its longest standing shareholder

Credit Suisse loses its longest standing shareholder

Credit Suisse loses its longest standing shareholder 🚩At the beginning of the week, Credit Suisse is back on the front page after its longest-standing shareholder (Harris Associate), who a few months ago was the largest shareholder of the Swiss bank, decided to sell...
New investor attack on the BoJ’s policies

New investor attack on the BoJ’s policies

New investor attack on the BoJ’s policies 📍This Wednesday, we have seen that the yield gap imposed by the BoJ on Japanese 10-year bonds has been broken again. Recall that the BoJ is one of the few central banks that have not jumped on the interest rate hike...
US inflation falls less than expected

US inflation falls less than expected

US inflation falls less than expected 📌Yesterday’s US inflation data was released, and although it has slowed, it has fallen less than the market expected. The year-on-year CPI came in at 6.4% (the previous CPI was 6.5%), when the market was expecting CPI to be...
Adani breathes: Shares up 25%

Adani breathes: Shares up 25%

Adani breathes: Shares up 25% 🚩 During the last few weeks, many spotlights have been on India following the statements made by Hindenburg Research towards the Indian conglomerate, accusing them of share price manipulation, high indebtedness and continued use of tax...
The Fed once again reduces its rate hike

The Fed once again reduces its rate hike

The Fed once again reduces its rate hike 📍The first week of February has been marked by numerous key data: inflation, PMI, presentation of annual results… but all eyes were on the Central Banks, especially the Fed and the ECB. 📍Powell announced on Wednesday that...
Brazil and Argentina: New currency in sight?

Brazil and Argentina: New currency in sight?

Brazil and Argentina: New currency in sight? 📌Over the last few weeks, the Argentinian and Brazilian governments have been studying the idea of creating a joint currency for both countries. The two largest economies in South America are interested in becoming more...