UBS agrees with Swiss government on Credit Suisse loss guarantee

UBS agrees with Swiss government on Credit Suisse loss guarantee
Representative Image Image Credit: Wikimedia Commons
  • 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.

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