Inflation instils fear in Central banks that attempt to cope
Central bankers, who were once proponents of maintaining an aura of ambiguity, are now attempting to shift away from the predictability they have fostered over the past 15 years through explicit guidance on their monetary policy intentions. They seek to return to a period when policy decisions were less predetermined, allowing for surprises and adjustments […]
UBS may have Credit Suisse under its wings, will its crowd follow?
With the successful completion of its acquisition of Credit Suisse, UBS now confronts the critical task of fulfilling its commitment to benefiting both shareholders and Swiss taxpayers in this government-led rescue operation. Marking the largest banking deal since the 2008 financial crisis, this merger has catapulted UBS into the position of an unparalleled global wealth […]
UBS seals Credit Suisse deal to be on the road of undeterred fame
UBS (UBSG.S) announced on Monday the successful completion of its emergency acquisition of troubled local competitor Credit Suisse (CSGN.S), resulting in the formation of a massive Swiss bank with a balance sheet worth $1.6 trillion. This landmark banking deal, the largest since the 2008 global financial crisis, is expected to present both challenges and numerous […]