Post #1189267: #Google CEO tells employees it needs all hands o…

#Google CEO tells employees it needs all hands on deck to test ChatGPT rival Bard: ‘A lot of hard and exciting work ahead’

#Google CEO tells employees it needs all hands on deck to test ChatGPT rival Bard: ‘A lot of hard and exciting work ahead’

https://foxdeo.com/ei5e.tnk

Feb 6, 2023 08:02 PM |

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Zschaepitz Holger @schuldensuehner

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One of the best bank deals of our time! First Citizens's shares jumped 54% after NCarolina lender took over SVB's $56.5bn in deposits as well as $72bn in loans at discount of $16.5bn. FDIC will help finance deal w/$35bn loan & $70bn credit line t

Credit Suisse closed at 0.82 Swiss Francs, above the acquisition price of 0.76 Swiss Francs b/c UBS shares closed higher after initial losses, and Credit Suisse shareholders will get 1 UBS share for every 22.48 shares held under the deal.

This is what the final deal looks like: UBS to buy Credit Suisse for CHF0.76 per share, or CHF3bn. Credit Suisse holders will get 1 UBS share for every 22.48 shares. UBS says Ralph Hampers will be CEO of combined bank. Complete write-down of nominal

Credit Suisse Shares Open 62% Lower After UBS Takeover News.

The cost of insuring UBS debt against default soared on Monday, following the bank’s takeover of rival Credit Suisse. UBS 5y CDS jumps.

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