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Date: 2024-03-01 Page is: DBtxt001.php txt00024322
BANKING AND FINANCE
RESCUING THE WISS BANKING SECTOR

Joe Blogs: BANK RUNS - $173 Billion Credit Suisse Bailout by UBS as Banking Crisis Worsens & Spreads to Europe


Original article:
Peter Burgess COMMENTARY

Peter Burgess
BANK RUNS - $173 Billion Credit Suisse Bailout by UBS as Banking Crisis Worsens & Spreads to Europe Joe Blogs 269K subscribers ... 56,182 views ... 4.2K likes Mar 20, 2023 #creditsuisse #ubs #SILICONVALLEYBANK Please Support The Channel:
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UBS has taken over Credit Suisse at the request of the Swiss Authorities to avoid the BANKRUPTCY of the bank. Credit Suisse is the latest bank to be hit by the current Banking Crisis and last week received a $54 Billion Bailout from the Swiss Authorities however this did not prove to be sufficient to stem the crisis and an additional $173 Billion has now been provided as part of an extensive BAILOUT. This Crisis comes within days of the Collapse of SILICON VALLEY BANK, Signature Bank and the Liquidation of Silvergate Bank. In this video I look at the Credit Suisse BAILOUT and discuss the implications for the Global Economy. For specific details please check out the CHAPTER list below. Thanks for watching and please LIKE and SUBSCRIBE. If you like this video and are would like to buy me a coffee please click the link below. THANK YOU it is very much appreciated. https://www.buymeacoffee.com/JoeBlogs Chapters:
  • 0:00 Intro
  • 4:02 UBS DEAL
  • 7:28 CREDIT SUISSE BONDS
  • 8:54 BAILOUT
  • 14:06 SUMMARY & CONCLUSION
#creditsuisse #ubs #SILICONVALLEYBANK #SILVERGATE #signature #usa #GLOBALFINANCIALCRISIS #RUBLE #SWIFT #RECESSION #CHINA #USA #NATO #WW3 #WORLDWAR3



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