UBS

Swiss authorities expected to change country's law to bypass UBS shareholder vote.

For cost savings, you can change your plan at any time online in the “Settings & Account” section. Compare Standard and Premium Digital For a full comparison of Standard and Premium Digital,

The deal, which could be signed as early as this evening, values Credit Suisse at around $7 billion less than its market value at Friday's close.

The Swiss bank's balance sheet is around twice the size of Lehman Brothers when it collapsed, at around 530 billion Swiss francs as of end-2022. It is also far more globally inter-connected, with multiple international subsidiaries — making an orderly management of Credit Suisse's situation even more important. Credit Suisse's scale and potential impact on the global economy is much greater than the U.S. The country is reportedly considering whether it would take over the bank completely or hold a significant equity stake. The fast-moving nature of the negotiations means the terms of any end deal could be different from those reported. [worst weekly decline since the onset of the coronavirus pandemic](https://www.cnbc.com/2023/03/17/credit-suisse-sheds-another-5percent-as-traders-digest-emergency-liquidity.html), despite an announcement that it would access a loan of up to 50 billion Swiss francs ($54 billion) from the Swiss central bank.

Authorities have been scrambling to rescue the bank, among the world's largest wealth managers, before financial markets open. Its failure would ripple ...

[Silicon Valley Bank](/business/finance/global-markets-banks-wrapup-1-2023-03-10/) brought into focus how a campaign of interest rate hikes by the U.S. SVB and Signature's collapses are the largest bank failures in U.S. Losses imposed on bondholders may need to be larger if Credit Suisse were wound down rather than taken over by UBS, one of the sources said. The guarantees would cover the cost of winding down parts of Credit Suisse and potential litigation charges. One source previously said the talks were encountering significant obstacles, and 10,000 jobs may have to be cut if the two banks combined. lenders Silicon Valley Bank and Signature Bank. The Financial Times reported that the all-share deal may be signed on Sunday. It said there was no guarantee terms will remain the same or that a deal would be reached. [emergency liquidity](/markets/us/banks-sought-record-fed-liquidity-wake-svb-collapse-2023-03-16/) from the Federal Reserve in recent days and big lenders threw a [$30 billion lifeline](/business/finance/credit-suisse-borrow-up-54-bln-it-seeks-calm-investor-fears-2023-03-16/) to smaller lender First Republic [(FRC.N)](https://www.reuters.com/companies/FRC.N). If the takeover falls apart, Switzerland is considering taking over the bank in full or holding a significant equity stake, Bloomberg reported. [in Europe](/markets/europe/european-shares-rise-banking-turmoil-fears-ease-set-end-week-lower-2023-03-17/) and [the United States](/markets/us/futures-waver-banking-crisis-worries-persist-2023-03-17/) to support the sector since the collapse of U.S. [scandals](/business/finance/credit-suisse-how-did-it-get-crisis-point-2023-03-16/) that have undermined the confidence of investors and clients.

The Swiss government is close to announcing a deal for UBS to buy Credit Suisse, its smaller rival, for about $1 billion.

Prices for Credit Suisse shares and bonds dropped sharply all week, as did the cost of insuring its debt against default, despite efforts by Swiss regulators to shore up investor confidence. But Credit Suisse was tarred by scandals over the years — from money laundering to wrong-way trading bets — that left it reeling from losses and damaged its reputation. UBS is expected to pay just a fraction of the roughly 8.8 billion Swiss francs, or $9.5 billion, that Credit Suisse was valued at on Friday, these people said. Not even a $54 billion lifeline from the Swiss National Bank, announced last week, was able to stem the erosion of investor confidence that sank Credit Suisse’s shares to record lows. But Credit Suisse’s troubles were largely of its own making, tied to years of scandals and financial missteps that have cost it billions of dollars in trading losses and legal fines. And Finma, the Swiss financial regulator, said it would temporarily suspend some regulations to help UBS digest its chief competitor.

Switzerland's biggest bank, UBS, has agreed to buy its ailing rival Credit Suisse in an emergency rescue deal aimed at stemming financial market panic ...

It had more than 50,000 employees at the end of 2022. It was worth just $8 billion at the end of last week. The global headquarters of UBS and Credit Suisse are just 300 yards apart in Zurich but the banks’ fortunes have been on very different paths recently. Shares in the 167-year-old bank fell 25% over the week, money poured from investment funds it manages and at one point account holders were withdrawing deposits of more than $10 billion per day, the Financial Times reported. “UBS today announced the takeover of Credit Suisse,” the Swiss National Bank said in a statement. In 2022, it recorded its worst loss since the global financial crisis.

Years of mismanagement and fears of a widening banking crisis felled the 167-year-old European investment giant.

Over the last few days, it has suffered [mass outflows](https://www.reuters.com/business/finance/credit-suisse-managed-funds-net-outflows-top-450-mln-morningstar-2023-03-17/)as problems mounted and bank sector concerns festered, pushing its stock to record lows. But the industry there as a whole doesn’t have a worryingly high uninsured deposit ratio or unrealized losses on 'held-to-maturity' securities in excess of capital." The Swiss National Bank will open a monetary tap for Credit Suisse for "substantial additional liquidity," the bank said. The merger is the latest attempt to arrest market volatility triggered by concerns about a worldwide banking panic. [Silicon Valley Bank's failure](https://www.axios.com/2023/03/14/biden-svb-stop-bank-runs). [financial institutions caught](https://www.axios.com/2023/03/16/first-republic-rescue-markets) in the crosshairs.

Officials announced the takeover on Sunday, after shares of Credit Suisse plummeted last week despite a $54 billion loan from the Swiss National Bank.

That upheaval caused an automatic freeze in trading of shares of Credit Suisse on the Swiss market and significantly impacted shares of other large European banks, with some share prices falling by double-digits. banks' failures gave rise to fear and a lack of confidence among big investors, and it announced its plans to borrow up to 50 billion francs from the national bank on Thursday. On Friday, Credit Suisse's share price slipped 7% and ended the day at $2.01. [in the wake of Silicon Valley Bank and Signature Bank's failures](https://www.cbsnews.com/news/silicon-valley-bank-deposits-guaranteed-signature-bank-federal-reserve-fdic/), which happened less than two weeks ago ago and within days of each other. Keller-Sutter said the purchase "laid the foundations for greater stability both in Switzerland and internationally." All of the bank's current shareholders will receive one share of UBS for around 22 1/2 shares of Credit Suisse, according to the release. banks to shore up finances at institutions that became threatened in the turmoil. The banking giant UBS has agreed to purchase Credit Suisse, a smaller rival, Swiss authorities announced on Sunday. Bank each agreed to give $1 billion. banks, including Bank of America, Citigroup, JPMorgan Chase and Wells Fargo, agreed to provide $30 billion in funding for First Republic Bank. Those four banks each agreed to contribute $5 billion, while Goldman Sachs and Morgan Stanley each agreed to give $2.5 billion and BNY Mellon, PNC Bank, State Street, Truist and U.S. "This takeover was made possible with the support of the Swiss federal government, the Swiss Financial Market Supervisory Authority FINMA and the Swiss National Bank," the Swiss National Bank said in a

UBS will buy rival Credit Suisse for more than $2 billion in a deal brokered by Swiss officials to try and prevent a banking crisis.

In the last two years alone, the bank's stock has fallen by more than 80%. Panicked investors and jittery depositors pulled billions out of the long-troubled Credit Suisse in recent days, leading to worries the bank could become insolvent if emergency measures were not taken. Under the deal, UBS Group AG will buy Credit Suisse for more than $3 billion in an all stock deal.

El banco más grande de Suiza, UBS, acordó comprar su rival en crisis Credit Suisse en un acuerdo de rescate de emergencia destinado a detener el pánico en ...

Tenía un valor de solo US$ 8.000 millones a fines de la semana pasada. Las oficinas centrales mundiales de UBS y Credit Suisse están a solo 300 metros de distancia en Zúrich, pero la fortuna de los bancos ha estado en caminos muy diferentes recientemente. Un préstamo de emergencia del Banco Nacional Suizo no logró detener la hemorragia. El Credit Suisse llevaba años perdiendo la confianza de inversores y clientes. “UBS anunció hoy la adquisición de Credit Suisse”, dijo el Banco Nacional Suizo en un comunicado. Pero la confianza se derrumbó la semana pasada después de que reconoció una "debilidad material" en su contabilidad en pleno colapso del Silicon Valley Bank y el Signature Bank, lo que generó temor en instituciones más débiles en un momento en que las altas tasas de interés han socavado el valor de algunos activos financieros.

La operación está siendo discutida entre el Gobierno suizo, el Banco Nacional y los reguladores según el periódico especializado en economía.

Los analistas habían sugerido que el negocio alpino de Credit Suisse podría fraccionarse o cotizar por separado en bolsa en caso de que UBS se hiciera con el control. El viernes se complicó la situación en bolsa a pesar de que los reguladores del país aprobaran un préstamo de más de 50 000 millones de euros para amortiguar el golpe. En Suiza, la banca minorista de Credit Suisse cuenta con 95 sucursales, mientras que UBS tiene unas 200.

An uncontrolled collapse of Credit Suisse would lead to "incalculable consequences for the country," said Swiss president Alain Berset.

That fanned fears that Credit Suisse would be the next domino to fall. As a result, their downfall does not necessarily signal the start of a financial crisis similar to what occurred in 2008. An uncontrolled collapse of Credit Suisse would lead to incalculable consequences for the country and the international financial system." The stock has seen a long downward slide: It traded at more than 80 francs in 2007. This means regulators believe its uncontrolled failure would lead to ripples throughout the financial system not unlike the collapse of Lehman Brothers 15 years ago. banks last week that spurred a frantic, broad response from the U.S.

Banking giant UBS is buying its smaller rival Credit Suisse in an effort to avoid further market-shaking turmoil in global banking, Swiss President Alain ...

That fanned fears that Credit Suisse would be the next domino to fall. An uncontrolled collapse of Credit Suisse would lead to incalculable consequences for the country and the international financial system.” Yet the move did not appear to be enough to stem an outflow of deposits, according to news reports. While smaller than its Swiss rival UBS, Credit Suisse still wields considerable influence, with $1.4 trillion assets under management. This means regulators believe its uncontrolled failure would lead to ripples throughout the financial system not unlike the collapse of Lehman Brothers 15 years ago. The stock has seen a long downward slide: It traded at more than 80 francs in 2007.

UBS ha acordado comprar Credit Suisse por más de 2.000 millones de dólares (1.870 millones de euros), informó el domingo el Financial Times.

Su quiebra enviaría ondas de choque a través de todo el sector financiero mundial. Zúrich (Suiza) (AFP) – UBS ha acordado comprar Credit Suisse por más de 3.250 millones de dólares. Por su parte, el sindicato de empleados de los bancos suizos "exigió" el domingo que sus delegados participen en la negociación, teniendo en cuenta las "enormes" consecuencias de la operación en la plantilla. La negociación se centró el sábado en torno a las actividades de la banca de inversión, según la agencia financiera, y una de las hipótesis para salir de la crisis es que la compra sea parcial y deje fuera a esta división. Maltratado en Bolsa la semana pasada tras la decisión de su principal accionista de volver a la olla, Credit Suisse se sitúa entre los 30 bancos más importantes del mundo desde el punto de vista sistémico. Recientemente vapuleado en Bolsa, Credit Suisse se encuentra entre los 30 bancos más importantes del mundo desde un punto de vista sistémico.

El banco suizo UBS habría aceptado comprar a su princial rival nacional, Credit Suisse, por 2.000 millones de dólares (1.872 millones de euros) para evitar ...

Ya el domingo se reunió otra vez el Gobierno, que ha convocado a la prensa a una "importante" rueda de prensa para este mismo domingo. Por ello el Banco Nacional Suizo acudió al rescate proporcionando hasta 50.000 millones de francos en efectivo. El acuerdo se podría firmar este mismo domingo por la noche, antes de que abran los mercados asiáticos.

UBS agreed to buy its embattled rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) Sunday, with Swiss regulators playing a key part in the deal ...

The losses came despite a new loan of up to 50 billion Swiss francs ($54 billion) granted from the Swiss central bank last week, in an effort to halt the slide and restore confidence in the bank. “The capital and liquidity positions of the U.S. Credit Suisse Chairman Axel Lehmann said in the press conference that the financial instability brought about by the collapsed U.S. reeled from the collapse of Silicon Valley Bank and Signature Bank. The Swiss government also granted a guarantee to assume losses up to 9 billion Swiss francs from certain assets over a preset threshold “in order to reduce any risks for UBS,” said a separate government statement. UBS initially offered to buy Credit Suisse for around $1 billion Sunday, according to multiple media reports. Bringing the two rivals together was not without its struggles, but pressure to stave off a systemic crisis won out in the end. It is also far more globally interconnected, with multiple international subsidiaries — making an orderly management of Credit Suisse’s situation even more important. banking system are strong, and the U.S. We have structured a transaction which will preserve the value left in the business while limiting our downside exposure,” said UBS Chairman Colm Kelleher in a statement. “This is absolutely essential to the financial structure of Switzerland and ... “We are committed to making this deal a great success.

Creates leading global wealth manager with USD 5 trillion of invested assets across the Group · Extends UBS lead in Swiss home market · UBS strategy unchanged, ...

Under the terms of the all-share transaction, Credit Suisse shareholders will receive 1 UBS share for every 22.48 Credit Suisse shares held, equivalent to CHF 0.76/share for a total consideration of CHF 3 billion. The combined businesses will be a leading asset manager in Europe, with invested assets of more than USD 1.5 trillion. UBS Chief Executive Officer Ralph Hamers said: “Bringing UBS and Credit Suisse together will build on UBS’s strengths and further enhance our ability to serve our clients globally and deepen our best-in-class capabilities. It will further strengthen UBS’s position as the leading Swiss-based global wealth manager with more than USD 3.4 trillion in invested assets on a combined basis, operating in the most attractive growth markets. We have structured a transaction which will preserve the value left in the business while limiting our downside exposure. The combination is expected to create a business with more than USD 5 trillion in total invested assets and sustainable value opportunities.

La noticia sigue al colapso de dos bancos estadounidenses la semana pasada, Silicon Valley Bank y Signature Bank.

En particular, Credit Suisse no necesitó la asistencia del gobierno en 2008 durante la crisis financiera, mientras que UBS sí. Eso avivó los temores de que Credit Suisse fuera el próximo dominó en caer. La firma cuenta con importantes mesas de negociación en todo el mundo, atiende a los ricos y adinerados a través de su negocio de gestión de patrimonio y es un importante asesor para empresas globales en fusiones y adquisiciones. Como resultado, su caída no necesariamente señala el comienzo de una crisis financiera similar a la que ocurrió en 2008. Aún así, los mercados financieros globales han estado nerviosos desde que el precio de las acciones de Credit Suisse comenzó a caer esta semana. Un colapso descontrolado de Credit Suisse traería consecuencias incalculables para el país y el sistema financiero internacional”.

El banco suizo formalizó la adquisición de su rival. El Gobierno concede una garantía de 9.000 millones de francos para posibles pérdidas.

Credit Suisse evitó el rescate durante la crisis financiera, pero en los últimos años se ha visto afectado por una serie de crisis, escándalos, cambios de liderazgo y problemas legales. Tras salir de un rescate estatal durante la crisis financiera de 2008, UBS se labró una reputación como uno de los mayores gestores de patrimonios del mundo, atendiendo a personas con patrimonios elevados y muy elevados en todo el mundo. A mediados de la semana pasada, el banco central suizo no consiguió poner fin a un drama que amenazaba con provocar la huida de las contrapartes, con posibles consecuencias para el sector en general. Se había convertido en una potencia mundial que simbolizaba el papel de Suiza como centro financiero mundial, antes de luchar por adaptarse a un panorama bancario cambiado tras la crisis financiera. El regulador Finma dijo que unos 16.000 millones de francos de bonos de Credit Suisse perderán su valor para garantizar que los inversores privados ayuden a asumir los costes. El banco suizo pagará 3.000 millones de francos (US$3.250 millones) por su rival en una operación que incluye amplias garantías públicas y provisiones de liquidez.

Swiss bank Credit Suisse was purchased by a rival Swiss bank UBS today for roughly $3 billion in an emergency deal that likely saved Credit Suisse from ...

In fact, in a press conference this afternoon, the Swiss president said that this deal was vital to the stability of the global banking system. VANEK SMITH: The Swiss government stepped in and helped to broker this deal where UBS, another Swiss bank, is buying Credit Suisse for about $3 billion. He said this kind of thing, the failure of a bank like Credit Suisse, is exactly the kind of thing that could spark a full-on banking crisis. I think that is the question on everybody's mind. And just over the last decade and a half, it's just made continual bad strategic decisions. It's had a bunch of scandals and fines and reputational damage, that kind of thing. And it was basically on the brink of failure this weekend. And he said the failure of Silicon Valley Bank had investors and depositors feeling pretty panicky. And so in this environment, with this crisis of confidence, people just started yanking billions of dollars out of Credit Suisse. It is considered one of the most important banks in the world. Here to talk more about the deal and what it means is NPR's Stacey Vanek Smith. The emergency deal today cost about $3 billion, and it likely saved Credit Suisse from going bust.

UBS can handle the risks from taking over Swiss rival bank Credit Suisse , UBS Chief Executive Ralph Hamers told broadcaster SRF.

"The takeover means that we are bringing back stability and security for CS clients," Hamers said. "There are certainly opportunities and chances for growth. In doing so, we are not taking so much risk." So we have contained the risks in the markets," Hamers said in the interview broadcast early on Monday. Register for free to Reuters and know the full story We call this a capital-light investment bank.

The combination of the two businesses is expected to generate annual run-rate of cost reductions of more than USD 8 billion by 2027.

Credit Suisse shareholders will receive 1 UBS share for every 22.48 Credit Suisse shares held, equivalent to CHF 0.76/share for a total consideration of CHF 3 billion. The combination is expected to create a business with more than USD 5 trillion in total invested assets and sustainable value opportunities. The combined investment banking businesses accounts for approximately 25% of Group risk weighted assets. All shareholders of Credit Suisse will receive 1 share in UBS for 22.48 shares in Credit Suisse as merger consideration. UBS Chief Executive Officer Ralph Hamers said: “Bringing UBS and Credit Suisse together will build on UBS’s strengths and further enhance our ability to serve our clients globally and deepen our best-in-class capabilities. Lehmann, Chairman of the Board of Directors of Credit Suisse said: “Given recent extraordinary and unprecedented circumstances, the announced merger represents the best available outcome.

UBS Chairman Colm Kelleher said the acquisition was “attractive” for UBS shareholders, but clarified that, “as far as Credit Suisse is concerned, this is an emergency rescue.”.

The size of Credit Suisse was a concern for the banking system, as was its global footprint given its multiple international subsidiaries. This could set in train renewed jitters about the health of banks." "Acquiring Credit Suisse's capabilities in wealth, asset management and Swiss universal banking will augment UBS's strategy of growing its capital-light businesses." The bank's Chairman Colm Kelleher said the acquisition was "attractive" for UBS shareholders but clarified that "as far as Credit Suisse is concerned, this is an emergency rescue." Credit Suisse shares collapsed by 60% at around 9:05 a.m. London time (5:05 a.m.

Credit Suisse es uno de los 30 bancos de importancia sistemática global y las autoridades temían las consecuencias de un posible colapso.

Afirmó que la combinación creará una entidad con activos invertidos de 5 billones de dólares. “Hoy es uno de los días más importantes en la banca europea desde 2008, con repercusiones de largo alcance en la industria”, dijo Max Georgiou, analista en Third Bridge. Eso incluye el acceso diario a una instalación de préstamos para bancos que buscan obtener dólares estadounidenses si es que los necesitan, una práctica común durante la crisis financiera de 2008. Tres meses después del colapso de Lehman Brothers en septiembre de 2008, se aprovecharon 580.000 millones de dólares de estas líneas. El presidente de Credit Suisse, Axel Lehmann, calificó el acuerdo de “un verdadero punto de inflexión”. El poder ejecutivo de Suiza, un órgano rector de siete integrantes que incluye a Berset, aprobó una orden de emergencia que permite que se produzca la fusión sin la aprobación de los accionistas.

UBS ha acordado comprar Credit Suisse después de aumentar su oferta a 3.250 millones de dólares (3.040 millones de euros), con las autoridades suizas listas ...

Desde el 10 de marzo, día en el que se anunció la liquidación de SVB, la firma ha caído un 25% y lleva una caída del 74% en los últimos 12 meses aquejado por distintas crisis. A pesar de la buena capitalización, Credit Suisse ha perdido la confianza de los bancos", ha explicado. Pero también que defendemos la reputación del centro financiero suizo", ha indicado Hamers en una entrevista con SRF. Por lo tanto, la desconfianza generada en esta última crisis llega como el último eslabón de una tormenta perfecta. Esa situación dejó un agujero en sus cuentas que se tradujo en unas pérdidas de 7.400 millones de euros. "Esta turbulencia desestabilizó a los bancos más frágiles y este fue el caso de Credit Suisse. Ahora Berset ha anunciado que el total de garantías asciende a 100.000 millones francos suizos. El Ministerio de Finanzas suizo ha declinado hacer comentarios. "La situación es conocida, Credit Suisse es uno de los 30 bancos sistémicos a nivel mundial. Es uno de los dos principales bancos del país. Después de una larga negociación, será absorbido por su competidor UBS, con el aval del Gobierno suizo. "Es una solución apoyada por el gobierno, que garantiza las condiciones marco para su éxito", dijo el presidente de la Confederación helvética, Alain Berset.

LONDON (AP) — Credit Suisse shares plunged Monday after Swiss authorities cut a deal with its bigger rival UBS to acquire the troubled bank at a marked-down ...

bank collapses and the danger to Credit Suisse was “an international banking crisis in the making.” “The banking system of Europe has not fully recovered from the crisis” in 2008, he said. [Silicon Valley Bank and Signature Bank](/article/silicon-valley-bank-bailout-yellen-deposits-failure-94f2185742981daf337c4691bbb9ec1e) in the U.S., including high interest rates. But concerns about risks to the deal, losses for some investors and Credit Suisse’s falling market value could renew However, Credit Suisse weathered the 2008 financial crisis without assistance, unlike UBS. banks](/article/silicon-valley-bank-uk-bailout-hsbc-sale-4d2da0e9c6f39c0fd8faf321a2b295cf). [Shares of Credit Suisse](/article/credit-suisse-banking-shares-plunge-switzerland-ba1861aa8b61170c00a2789287dc9a08), whose woes stem from questions over its internal controls, closed nearly 56% lower a day after UBS said it would buy its fellow Swiss bank for a lowball price of 3 billion Swiss francs ($3.25 billion). UBS is bigger but Credit Suisse wields considerable influence, with $1.4 trillion assets under management. Analysts say some previous forced bank mergers didn’t work out well for shareholders in the long run. failures have raised questions about other potentially weak global financial institutions, sweeping up the already beleaguered Swiss bank. But European bank stocks and the wider market gained as investors watch whether moves to shore up banks will stem further [upheaval in the global financial system](/article/banks-federal-reserve-silicon-valley-lending-rescue-a04875a164165b50e971ff4576bf4e27). The shares traded at about the level they are valued at in the deal.

Regístrate con tu e-mail para desbloquear este contenido o inicia sesión para continuar leyendo. Empezarás a recibir Newsletters diarios sobre negocios y ...

Se cruzaron tres líneas rojas para conseguirlo: la supresión de los votos de los accionistas de ambas partes, la eliminación de los bonos y la apertura de una investigación nacional antimonopolio. Siendo realistas, las opciones de la dirección de UBS se limitaban a negociar protecciones para evitar que la adquisición saliera mal en el futuro. Se habría culpado a UBS de empeorar la situación y habría sufrido graves daños colaterales. Pero sigue siendo una operación gigantesca, dado el tamaño del balance de Credit Suisse y los riesgos potenciales que entraña. Los tenedores de los llamados bonos AT1 de Credit Suisse Group AG acaban de ver pérdidas totales en el matrimonio concertado del banco con UBS Group AG. Los inversores han recibido una rápida lección de lectura de letra pequeña, y el mercado será más perspicaz en lo sucesivo.

Credit Suisse sucumbió a la crisis bancaria global emergente. Eso elimina una pregunta importante que enfrentan las economías del mundo, pero hay muchas ...

Credit Suisse, uno de los 30 bancos más importantes del sistema financiero mundial, estaba perdiendo dinero la semana pasada después de que colapsara la confianza de los inversores y los clientes. "Si los bancos están bajo estrés, podrían ser reacios a prestar", dijo Yellen el jueves pasado en su testimonio ante la Comisión de Finanzas del Senado. UBS está pagando 3.000 millones de francos suizos (US$ 3.250 millones) por Credit Suisse, aproximadamente un 60% menos que la cantidad que valía el banco cuando los mercados cerraron el viernes. Con una crisis del techo de la deuda que se avecina y un intenso escrutinio sobre el uso del dinero de los contribuyentes para financiar cualquier cosa que se asemeje a un rescate, es casi seguro que la administración de Biden preferiría una solución orgánica a la crisis. Apenas unas horas después de que se anunciara el acuerdo, la Reserva Federal de EE.UU. Los inversionistas y los clientes están preocupados de que no tengan un plan creíble para revertir una caída a largo plazo en su negocio. Ninguno de los bancos que tomaron prestado de la ventana de descuento de la Reserva Federal tomó prestado en condiciones de crédito secundarias: préstamos de emergencia a un día que ayudan a los bancos con problemas profundos a mantener las luces encendidas. Los problemas de Credit Suisse —que ha durado años en desarrollo— no están relacionados con las recientes corridas de depósitos en los bancos estadounidenses. La solución a la crisis bancaria que azota al mundo sería que los clientes dejaran de retirar depósitos. Horas más tarde, un grupo de bancos centrales de todo el mundo impulsó el movimiento de dólares estadounidenses a través del sistema financiero global para mantener el flujo de préstamos a hogares y empresas y apoyar a las principales economías del mundo. consideran que los bancos que necesitaban apoyo de emergencia son 'sanos' y no corren un riesgo elevado de quiebra inminente", señaló Jill Cetina, analista de Moody's, en una nota a inversores viernes. “En particular, los instrumentos de capital ordinario son los primeros en absorber pérdidas, y solo después de su pleno uso se requeriría la amortización del Nivel Uno Adicional”, dijeron la Junta Única de Resolución (SRB), la Autoridad Bancaria Europea y el Banco Central Europeo en un comunicado conjunto.