UBS agrees with Swiss government on Credit Suisse loss guarantee
- Country:
- Switzerland
UBS has reached an agreement with the Swiss government to cover up to 9 billion Swiss francs ($10.00 billion) in losses from its emergency takeover of Credit Suisse, the country's largest bank and government said on Friday.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
Advertisement