2 P-8s in the Baltic Sea- AE6842 doing' roundies descending throught 12k ft and AE684C done and on descent for northern Germany
French AF CTM1073 had a stop at Rzsesow Airport (from Marseille Airport depart) and Dutch AF MMF54 A330 MRTT (Multi Role Tanker Transport) on ground at same from it's Dusseldorf depart
Swiss AF SUI521 CL-60 SW from Bern over the western Med with SUI555 Falcon 900 out of Payerne AB and SUI016 Citation C56x also departed Bern
This is about all the Swiss National Bank can do is have UBS absorb them but in the end it will ultimately fail-they tried this with Deutsche Bank and Commerzbank and that did not go through with it-all it will do is buy them time…that is all
UBS examining takeover of Credit Suisse to stem banking turmoil
UBS AG UBSG.S was examining on Saturday a takeover of embattled lender Credit Suisse CSGN.S that could see the Swiss government offer a guarantee against the risks involved, two people with knowledge of the matter said.
The 167-year-old Credit Suisse is the biggest name ensnared in the market turmoil unleashed by the collapse of U.S. lenders Silicon Valley Bank and Signature Bank over the past week, and its slide has fanned fears of broader banking problems.
To get the crisis under control, UBS was coming under pressure from the Swiss authorities to carry out a takeover, Reuters' sources said. Under the plan, Credit Suisse's Swiss business could be spun off, they added.
UBS and Switzerland's FINMA regulator declined to comment when approached by Reuters. Credit Suisse Chief Financial Officer Dixit Joshi and his teams were meeting over the weekend to assess their options for the bank, people with knowledge of the matter said. The bank's share price swung wildly this week, during which it was forced to tap $54 billion in central bank funding, and Credit Suisse had lost a quarter of its market value by Friday night. The mood in Switzerland, long considered an icon for banking stability, was pensive as executives wrestled with the future of the country's biggest lenders. "Banks in permanent stress" read the front page headline of the Neue Zuercher Zeitung newspaper on Saturday morning. Credit Suisse ranks among the world's largest wealth managers and is considered one of 30 global systemically important banks whose failure would cause ripples throughout the entire financial system. In a sign of its vulnerability, at least four of Credit Suisse's major rivals, including Societe Generale SA SOGN.PA and Deutsche Bank AG DBKGn.DE, have put restrictions on their trades involving the Swiss bank or its securities, five people with direct knowledge of the matter told Reuters. Goldman Sachs cut its recommendation on exposure to European bank debt, saying a lack of clarity on Credit Suisse's future would put pressure on the broader sector in the region.