Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation  
Reply
 
Thread Tools Display Modes
  #1  
Old 14.06.2012, 23:13
Member
 
Join Date: Jan 2011
Location: Zürich
Posts: 206
Groaned at 11 Times in 8 Posts
Thanked 255 Times in 109 Posts
ukal123 has an excellent reputationukal123 has an excellent reputationukal123 has an excellent reputationukal123 has an excellent reputation
CS stock V UBS stock today

Can someone explain to me why it is that CS stock dropped over 10% over the news that the SNB want the two major swiss banks to lower there exposure but UBS only had a min. drop ?
Reply With Quote
  #2  
Old 15.06.2012, 10:54
Member
 
Join Date: Jan 2011
Location: Zürich
Posts: 206
Groaned at 11 Times in 8 Posts
Thanked 255 Times in 109 Posts
ukal123 has an excellent reputationukal123 has an excellent reputationukal123 has an excellent reputationukal123 has an excellent reputation
Re: CS stock V UBS stock today

Ive been holding some UBS for a while now and cant wait to dump them but got the shock of my life yesterday when i saw CS drop 10% and as i scrolled down and saw UBS i was a little relived..

Its a crazy world we live in !!
Reply With Quote
  #3  
Old 15.06.2012, 12:19
Junior Member
 
Join Date: Aug 2010
Location: Collonge Bellerive
Posts: 42
Groaned at 4 Times in 3 Posts
Thanked 41 Times in 20 Posts
SwissPaul has earned some respectSwissPaul has earned some respect
Re: CS stock V UBS stock today

As eluded to above, Credit Suisse has "further to go" in terms of improving its capital ratio. Both banks have the same target to acheive by 2019, UBS is ahead of CS on its progress towards this (by about 4bn). In addition, CS may have to cut dividend, which it has paid every year for 150 years. UBS may have to as well, but only started it again this year.

Poor form by the SNB in the way it was announced i'd say.
Reply With Quote
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Liquid stock EmpressJo Food and drink 6 10.08.2011 01:03
What is going on today in the stock market? [Big falls in value] ukal123 Business & entrepreneur 25 07.04.2011 15:32
Stock Market Manipulation? Guest Finance/banking/taxation 1 07.05.2010 02:06
Stock-Secured Loan frontier Business & entrepreneur 2 21.04.2008 10:38
Marigold stock Dee Food and drink 20 07.04.2008 13:17


All times are GMT +2. The time now is 22:30.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0