Anonymous ID: 7bb58d Dec. 5, 2020, 8:21 a.m. No.18731   🗄️.is đź”—kun   >>8794 >>8820 >>8862

Credit Suisse’s Rohner Signals Bank May Mull Merger With UBS

 

Credit Suisse Group AG’s departing chairman, Urs Rohner, gave the strongest indication yet that the bank may consider a combination with its biggest rival, saying a merger with UBS Group AG isn’t “unreasonable” and would bring benefits.

 

UBS and Credit Suisse are smaller than rivals in the U.S. and less richly valued by investors, and a single institution would have more clout, Urs Rohner said in an interview with Swiss newspaper Schweiz am Wochenende. While declining to comment on “rumors” about a possible combination, he said bank chairmen have a duty to think about such scenarios.

 

His comments came weeks after Chief Executive Officer Thomas Gottstein said the bank will consider potential acquisitions. Two months ago, UBS Chairman Axel Weber rejected reports that Switzerland’s largest bank was planning to merge with its rival. European banks are trying to bulk up in their home markets before long-awaited cross-border consolidation takes hold. While domestic mergers are heating up in countries such as Spain and Italy, the lack of a common deposit plan and banking union makes deals between financial firms in different countries less attractive.

 

There are plenty of reasons why a merger of two large banks is complex, Rohner said, pointing to regulators as well as cultural issues and timing.

 

UBS’s Weber has been studying the feasibility of a mega-merger with Credit Suisse as part of a regular thought-exercise on future strategic options, people familiar with the matter told Bloomberg in September. The world’s largest wealth manager has explored the question with consultants but it hasn’t raised the topic at the level of the executive board, the people said.

 

Weber tried to damp speculation about a tie-up with Credit Suisse when he said in October that his bank wasn’t “looking for a bride.”

 

Prospects for a tie-up may also depend on the priorities set by UBS’s new Chief Executive Officer Ralph Hamers, who took the helm last month. Hamers made his first mark on the bank’s executive board this week, boosting the responsibilities of two high-ranking executives, Sabine Keller-Busse and Iqbal Khan.

https://www.bnnbloomberg.ca/credit-suisse-s-rohner-signals-bank-may-mull-merger-with-ubs-1.1532171

look for this activity to increase going forward-(((they))) have tried everything to keep the shit-pile known as fractional reserve banking going and they are nearing the end of the ability to fake it so they will consolidate the bigger banks into each other with these sort of "shotgun" marriages".

Anonymous ID: 7bb58d Dec. 5, 2020, 10:08 a.m. No.18762   🗄️.is đź”—kun   >>8820 >>8862

UK to send aircraft carrier strike group to waters near Japan

 

The British navy will dispatch an aircraft carrier strike group to waters near Japan as soon as early next year, Japanese government sources said Saturday, in a rare development that comes amid the growing maritime assertiveness of China in the region.

 

The group, including the aircraft carrier Queen Elizabeth, is expected to conduct joint exercises with the U.S. military and Japan's Self-Defense Forces during its stay in areas including off the Nansei Islands chain in southwestern Japan, the sources said.

 

It is unusual that countries other than those in the region as well as the U.S. keep an aircraft carrier operational in the western Pacific. The move comes amid concerns over China's increasing assertiveness in the East and South China seas as well as about its handling of pro-democracy protesters in Hong Kong. It could trigger an outcry from Beijing.

 

During the dispatch, the British navy also plans to conduct maintenance on carrier-based F-35B stealth fighter jets at Mitsubishi Heavy Industries Ltd.'s aerospace systems works in Aichi Prefecture, central Japan, the sources said. Britain announced last year it will dispatch the carrier group to the Pacific and has since been in talks with Japan and other relevant countries, they said.

 

The carrier, commissioned in 2017, is "the largest and most powerful vessel ever constructed" for the British navy, weighing 65,000 tons and measuring 280 meters in length, according to the navy.

https://asia.nikkei.com/Politics/International-relations/Indo-Pacific/UK-to-send-aircraft-carrier-strike-group-to-waters-near-Japan

Anonymous ID: 7bb58d Dec. 5, 2020, 10:18 a.m. No.18765   🗄️.is đź”—kun   >>8820 >>8862

Top Insider trading-week ending 120420

 

Institutional holder

 

Elanco Animal Health Inc. solf By Bayer World Investments: $1.62b-Dec 3

 

Bayer WW Investments was the top reported shareholder here prior to this sale.

 

from 120120

Bayer : to Raise $1.65 Billion Through Sale of Elanco Shares

https://www.marketscreener.com/quote/stock/BAYER-AG-436063/news/Bayer-to-Raise-1-65-Billion-Through-Sale-of-Elanco-Shares-31906403/

 

Elanco Animal Health Incorporated is an animal health company that develops, manufactures and markets products for companion and food animals. The Company offers its products under four primary categories, such as Companion Animal Disease Prevention, Companion Animal Therapeutics, Food Animal Future Protein & Health, and Food Animal Ruminants & Swine. It provides a range of parasiticide portfolios in the companion animal sector based on indications, species and formulations, with products that protect pets from worms, fleas and ticks. It also offers a pain and osteoarthritis portfolio across species, modes of action, indications and disease stages. It also provides treatments for otitis (ear infections), as well as cardiovascular and dermatology indications. Its portfolio in Food Animal Future Protein & Health category includes vaccines, nutritional enzymes and animal-only antibiotics. It also provides products in poultry and aquaculture production. Number of employees : 5 760 people.

https://www.marketscreener.com/quote/stock/ELANCO-ANIMAL-HEALTH-INCO-46276391/company/

https://www.finviz.com/insidertrading.ashx?oc=1144145&tc=7&b=2

 

Individual holder

 

Carvana CEO and co-founder sold: $478.40m-Dec 3

 

Carvana Co. is an e-commerce platform for buying used cars. On the Company's platform, consumers can research and identify a vehicle, inspect it using its proprietary 360-degree vehicle imaging technology, obtain financing and warranty coverage, purchase the vehicle and schedule delivery or pick-up, all from their desktop or mobile devices. The Company's transaction technologies and online platform transform a traditionally time consuming process by allowing customers to secure financing, complete a purchase and schedule delivery online. Number of employees : 7 324 people.

https://www.marketscreener.com/quote/stock/CARVANA-CO-34658201/company/

 

Ernie Garcia, III co-founded Carvana and has served as our President and Chief Executive Officer since our inception in 2012. Mr. Garcia is also Chairman of the Carvana Co. Board. Prior to founding Carvana, Mr. Garcia held various roles at the DriveTime Automotive Group, Inc. from January 2007 to January 2013. From January 2007 to December 2008, he served as a financial strategist. He was a managing director of corporate finance from December 2008 to November 2009. From November 2009 until January 2013, he served as a Vice President and Treasurer and Director of Quantitative Analytics. As Director of Quantitative Analytics, Mr. Garcia was responsible for the firm’s ongoing development of consumer credit scoring models, and its utilization of those tools in retail vehicle sales deal structuring and vehicle price optimization. Prior to DriveTime, Mr. Garcia was an associate in the Principal Transactions Group at RBS Greenwich Capital from 2005 to 2006, where he focused on consumer credit based investments. Mr. Garcia holds a B.S. in Management Science and Engineering from Stanford University.

https://investors.carvana.com/corporate-governance/management-and-directors/management/ernie-garcia-iii

https://www.finviz.com/insidertrading.ashx?oc=1017608&tc=7&b=2

Anonymous ID: 7bb58d Dec. 5, 2020, 12:26 p.m. No.18781   🗄️.is đź”—kun   >>8820 >>8862

BIXBY25 US Navy E-6B Mercury nw after direction change on FL/GA border

POTUS and crew heading to Valdosta (red dot) in a little over an hour according to schedule

 

4:30pm EST POTUS/FLOTUS depart the White House en route to Joint Base Andrews

4:40pm EST POTUS/FLOTUS arrive at JBA

4:50pm EST POTUS/FLOTUS depart JBA for Valdosta Regional Airport, Valdosta, GA

6:50pm EST POTUS/FLOTUS arrive at Valdosta Regional Airport

7:00pm EST POTUS delivers remarks at RNC hosted Victory Rally

https://factba.se/topic/calendar

Anonymous ID: 7bb58d Dec. 5, 2020, 2:26 p.m. No.18828   🗄️.is đź”—kun   >>8862

09-0017 09-0016 USAF C-32A's departing JBA sw to Valdosta Regional Airport, GA red dot

8:00pm EST POTUS remarks at RNC hosted Victory Rally

When they split further sw ya know which one POTUS is on