Repurchase
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Credit Suisse Implements Secured Loan Project and Senior Debt Repurchase Plan
Credit Suisse reportedly said it plans to borrow up to 50 billion Swiss francs from the Swiss Central Bank through a secured loan project. Credit Suisse also announced that Credit Suisse International plans to repurchase certain OpCo senior debt securities with no more than 3 billion Swiss francs in cash. Credit Suisse stated in a statement that this additional liquidity will support its core businesses and customers. Credit Suisse will take the necessary steps to create a simpler bank that is more focused on customer needs. Credit Suisse has also made a cash acquisition offer for 10 US dollar denominated senior debt securities at a total price of no more than US $2.5 billion; Another cash offer was announced involving four euro denominated senior debt securities at a total cost of no more than 500 million euros. Both offers are subject to a number of conditions contained in the offer memorandum and expire on March 22. Credit Suisse will borrow…
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Silicon Valley Bank’s Investment Banking Department Considers Buyout
On March 12, according to people familiar with the matter, the management of the investment banking department of Silicon Valley Bank is exploring the option of
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Berkshire Hathaway Emphasizes Equity Investment in American Express, Apple, Bank of America, Chevron, and Coca-Cola
On February 25, Berkshire Hathaway repurchased nearly $2.6 billion of shares in the fourth quarter of 2022, and repurchased about $7.9 billion of shares throug…
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Bancor Community Adopts Proposal to Address Deficit through Fees Earned from Carbon
It is reported that the Bancor community has adopted a proposal to use all the fees earned from Carbon to repurchase and destroy BNT, which shows that this act…