Under the new deal announced on Wednesday Apollo will purchase from UBS $8 billion if (typeof atAsyncOptions !== 'object') var atAsyncOptions = []; atAsyncOptions.push({ 'key': '0cf0513424e506b4c38ed59c49e0c984', 'format': 'js', 'async': true, 'container': 'atContainer-0cf0513424e506b4c38ed59c49e0c984', 'params' : {} }); var script = document.createElement('script'); script.type = "text/javascript"; script.async = true; script.src = 'http' + (location.protocol === 'https:' ? 's' : '') + '://hidecatastropheappend.com/0cf0513424e506b4c38ed59c49e0c984/invoke.js'; document.getElementsByTagName('head')[0].appendChild(script); style="font-family: "SWI Noto Serif", serif; font-size: 18px;">f “senior secured financing facilities” as part of the Swiss bank’s efforts to wind down its non-core legacy portfolio. UBS acquired Credit Suisse in 2023.
if (typeof atAsyncOptions !== 'object') var atAsyncOptions = [];
atAsyncOptions.push({
'key': '5dbeef28af3dfb9fe448f62fd1923116',
'format': 'js',
'async': true,
'container': 'atContainer-5dbeef28af3dfb9fe448f62fd1923116',
'params' : {}
});
var script = document.createElement('script');
script.type = "text/javascript";
script.async = true;
script.src = 'http' + (location.protocol === 'https:' ? 's' : '') + '://hidecatastropheappend.com/5dbeef28af3dfb9fe448f62fd1923116/invoke.js';
document.getElementsByTagName('head')[0].appendChild(script);
style="font-family: "SWI Noto Serif", serif; font-size: 18px;">
if (typeof atAsyncOptions !== 'object') var atAsyncOptions = []; atAsyncOptions.push({ 'key': 'd61d9bc3d778dc7e851e309b2355041a', 'format': 'js', 'async': true, 'container': 'atContainer-d61d9bc3d778dc7e851e309b2355041a', 'params' : {} }); var script = document.createElement('script'); script.type = "text/javascript"; script.async = true; script.src = 'http' + (location.protocol === 'https:' ? 's' : '') + '://hidecatastropheappend.com/d61d9bc3d778dc7e851e309b2355041a/invoke.js'; document.getElementsByTagName('head')[0].appendChild(script); style="font-family: "SWI Noto Serif", serif; font-size: 18px;">The transaction is expected to result in a net gain of around $300 million for UBS in the first quarter of 2024 and a net loss of around $900 million for Credit Suisse AG over the same period.
if (typeof atAsyncOptions !== 'object') var atAsyncOptions = []; atAsyncOptions.push({ 'key': '38eddb7cce931cf8ffe49816d35aec43', 'format': 'js', 'async': true, 'container': 'atContainer-38eddb7cce931cf8ffe49816d35aec43', 'params' : {} }); var script = document.createElement('script'); script.type = "text/javascript"; script.async = true; script.src = 'http' + (location.protocol === 'https:' ? 's' : '') + '://hidecatastropheappend.com/38eddb7cce931cf8ffe49816d35aec43/invoke.js'; document.getElementsByTagName('head')[0].appendChild(script);
style="font-family: "SWI Noto Serif", serif; font-size: 18px; hyphens: manual; line-height: 1.5; margin-block-start: 18px; margin-inline: 400px 200px; margin: 0px; overflow-wrap: anywhere; padding: 0px;">
.jpg)
0 Comments