UBS Bank ..... Rumors Circulating They Are In Trouble .....

[Heavy-Black-Sand]

* UBS takes over very troubled Swiss Bank (Credit Suisse) ..... June 2023

* UBS credit default risk insurance costs suddenly spikes to record levels ..... month of Nov 2023

* UBS Bond settlement CUSIP ID # 00642 strangely disappears from DTCC ..... Nov 21, 2023

* UBS CEO says; "in the unlikely event of something going wrong at UBS, we have enough cushion before even speaking about a resolution of the bank and its very unlikely risk of a loss for the taxpayer," ..... Nov 22, 2023

The tell that something negative is brewing at UBS is; the cost of insuring UBS credit has spiked to record highs over recent weeks.

 

[KAK]

As much as things like this may ( or not) be of concern to members here it has nothing to do with the purpose of this forum which is the discussion of refining of precious metals --- Kurt