CSGKF News and Press, Credit Suisse Group AG From 03/30/23

2023-03-30 01:19:42 ET Summary The Fed met the market's expectations by raising the interest rates by 25 basis points. One more hike is planned for 2023. The market expects the Fed to get dovish soon due to the banking crisis but most importantly the slowing inflation. Not...

2023-03-27 15:02:49 ET Summary Bank of America is perceived as a safe haven for depositors amid the instability of the banking industry. Bank of America is performing well, focusing on innovation and technology, but faces challenges such as bond portfolio losses and legal and regu...

2023-03-27 13:11:23 ET Summary After an early burst of volatility, UBS shares are flat compared to before the Credit Suisse merger announcement. This matches my early view that nobody is out of the woods yet. Given the enormous implications - and largely bullish investors - th...

2023-03-26 21:45:07 ET Summary Don't let the regional bank scare, scare you away from the rally. I may be overly optimistic, but there is a chance that we could have another January-type bear market rally. Just be aware of where the exit is when the party ends in a panic. The ...

2023-03-25 06:35:18 ET Summary Western Copper and Gold Corporation shares could potentially be trading significantly below current levels as analysts forecast lower gold and copper prices. The current surge in gold and copper, the metals this Canadian explorer hopes to one day min...

2023-03-24 10:54:31 ET Summary After a relatively calm week in banking, Deutsche Bank is now making headlines for a falling share price and rising CDS spreads. In an apparent attempt to show strength, the company announced that it would redeem a bond issue early, but the market ha...

2023-03-24 08:06:13 ET Summary While the Fed did what the markets expected and hiked rates by 25 basis points, the rhetoric suggests that rate cuts is not the base case in 2023. The Fed showed its commitment to its inflation target while commenting that the banking system remains ...

2023-03-24 02:58:00 ET Summary US regional banks may face higher operating costs as regulators reevaluate the existing capital/liquidity risk framework. There has been over US$100 billion of inflows into money market funds since the SVB crisis began, bringing money market balances...

2023-03-22 15:36:04 ET Summary UBS bought $65 billion of equity value for $3 billion. Loss backstops from the Swiss government can add more than another $9 billion of value. Day 1 tangible book value will be around $25/share versus the current $21 stock price. The remainin...

2023-03-21 15:58:49 ET Summary During 2022, the market perceived good news about the economy as bad news for the stock market because of the Federal Reserve tightening cycle. The peak of this narrative was likely reached in January 2023, as disinflation changed the expected moneta...