UBS offers to buy Credit Suisse for up to $1B

Re:UBS offers to buy Credit Suisse for up to $1B by zabzonk on Sunday March 19, 2023 @10:25AM (#35219220)

Would not the prices of their office buildings/leases be worth this alone, given they will be all in major financial hubs? Do they actually have any liquidity?

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Re:UBS offers to buy Credit Suisse for up to $1B by NotYourLawyer on Sunday March 19, 2023 @10:38AM (#35219357)

You’re just looking at assets. Don’t forget liabilities.

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Re:UBS offers to buy Credit Suisse for up to $1B by samstave on Sunday March 19, 2023 @11:09AM (#35219748)

And all the laundering/corruption they have been hiding.

God, this world has so many corrupt companies in it.

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Re:UBS offers to buy Credit Suisse for up to $1B by tezza on Sunday March 19, 2023 @11:14AM (#35219786)

And liabilities which may manifest in weird and expensive ways.

Like the London Whale (£3Bn??) for JP Morgan and countless other examples

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Re:UBS offers to buy Credit Suisse for up to $1B by arkad on Sunday March 19, 2023 @11:02AM (#35219664)

It's funny how this is a common fallacy. I thought exactly the same when Barings Bank was sold for one British Pound back in 1995 [1].

[1] - https://www.investopedia.com/terms/b/baringsbank.asp

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Re:UBS offers to buy Credit Suisse for up to $1B by kgwgk on Sunday March 19, 2023 @11:06AM (#35219709)

They are not buying the buildings alone. They buying loads of debts as well - and other assets which may or may not be enough to cover the debts.

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Re:UBS offers to buy Credit Suisse for up to $1B by Ekaros on Sunday March 19, 2023 @01:38PM (#35221495)

And unlike SVB, they are actually one of the players in derivative market. And whatever goes on there. And multipliers in there are big compared to their value as company.

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