tyb
PlaneFag Europe/Med/Gulf Activity:
Canadian AF CFC2916 C-130j Hercules arriving at Rzsesow Airport from Beja AB Spain depart with French AF CTM2012 A400m left heading wesst after a load out-left Orleans-Brciy AB stopped at Chateauroux AB for p/u then to Rzsesow
Saudi AF HZSHA G4 NW from Riyadh with RAF OMEN02 C4 Hercules arriving at Amman, Jordan from Gibraltar Airport (the one that haz a tran go right through the runway so ops stop while that habbens-vids on that you can see)
Swedish AF SVF631 G5 and most likelyFM Tobias Billströmdeparted Brussels back to Stockholm
meanwhile the PM sez this with a NATO flub at his side
Likelihood Finland joins NATO before Sweden has increased, Swedish PM says
https://www.reuters.com/world/europe/swedish-pm-says-probability-finland-joins-nato-before-sweden-has-increased-2023-03-14/
Italian AF IAM1496 G5 heading across the Atlantic from Rome-Mario di Bernardi AB (south of Rome)
German AF GAF307 A400m south from Marseille crossing Med and Belgina AF BAF655 A400m left Cotonou, Benin after an overnight
and finally Russian AF 71539 Anotnov AN-148 back to Chkalovsky AB from Rostov-on-Don or mebby Krasnodar but could have had a shorter stop in Crimea
U.S. Justice Department, SEC investigating Silicon Valley Bank collapse
The U.S. Department of Justice and the Securities and Exchange Commission are investigating the collapse of Silicon Valley Bank, a subsidiary of the defunct SVB Financial Group (SIVB.O), the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The investigations are also examining stock sales that SVB Financial's executives made days before the bank failed, the report said, adding that the Justice Department's probe involves the department's fraud prosecutors in Washington and San Francisco. The SEC and a spokesperson for the Justice Department in Washington declined to comment. SVB did not immediately respond to a Reuters request for comment. The Journal report comes a day after SVB Financial Group and two top executives were sued by shareholders, who accused them of concealing how rising interest rates would leave its Silicon Valley Bank unit susceptible to a bank run. read more
The proposed class action lawsuit against SVB, Chief Executive Greg Becker and Chief Financial Officer Daniel Beck was filed in the federal court in San Jose, California.
https://www.reuters.com/business/finance/us-justice-department-sec-investigating-silicon-valley-bank-collapse-wsj-2023-03-14/
>>18500100 pb FHLB of San Francisco Was Quietly Bailing SIVB Out
Credit Suisse Sees First Boston IPO by 2025 Amid Investor Search
Credit Suisse Group AG’s top executive said he expects to take the firm’s carved-out investment bank public by 2025 as he continues to search for investors in the business that will revive the storied First Boston name. “We have a very clear plan to put it into market, creating a liquidity event, most likely an IPO, and expect such an event in 2025,” Ulrich Koerner, the chief executive officer of Credit Suisse, said in an interview with Bloomberg TV’s Francine Lacqua. Asked if the bank was closer to finding an anchor investor, Koerner said “we are close to, but I don’t know if it’s an anchor investor. We have a lot of interest from third parties to be invested.”
The First Boston spinoff is a centerpiece of Koerner’s restructuring plan, unveiled last year after racking up huge losses and battling to retain top talent following a string of scandals. In separating the business, the CEO is seeking to protect the best-performing investment bank parts, such as advising on mergers and acquisitions, while pivoting the parent company further toward wealth management. Credit Suisse announced earlier today that senior leaders in the carved-out unit are expected to receive up to 20% of shares. Employees would receive restricted share units after an IPO, which would vest three years later and be subject to a further holding requirement.
Credit Suisse previously said it wants to be ready to list the unit by the end of 2024 or early 2025. As part of the carve-out, the investment bank boutique of former board member Michael Klein, who had pushed for the plan, will be integrated into CS First Boston. Credit Suisse, which agreed to buy Klein’s business, will remain majority shareholder of CS First Boston, Koerner said.
https://www.bnnbloomberg.ca/credit-suisse-sees-first-boston-ipo-by-2025-amid-investor-search-1.1895348
https://finance.yahoo.com/quote/CS
Now at some point the short interest in gonna clear out of this (currently pretty low and below it's daily average @ 16,710,000 shares) but in a two fiddy stock it won't take much to juice it a bit)
https://www.marketbeat.com/stocks/NYSE/CS/short-interest/
not while Janey is at Treasury
they need to put in someone else ala Hank Paulson in 2007 in front of it
PlaneFag CONUS Activity: Australian AF ASY316 A300 MRTT departed Los Angeles Int'lAussie PM Albanese
82-8000 747 still at North Island NAS with 09-0016 C-32A at Vandenberg SFB (Potato goes to LAX later on for a few hours and then over to Las Vegas for yet another fundraiser https://factba.se/biden/calendar
2:00pm EST departs San Diego, California en route to Los Angeles, California (11:00 AM Local)
etc…..
57-1488 KC-135 tanker as the mobile filling station and VV101 G5 and moar Navy Brass leaving after yesterdays AUKUS Sub BS
>thinks there are non-woke large banks