UBS expects agreement on Credit Suisse loss guarantee by June 7 - SEC filing
UBS expects to finalize its agreement with the Swiss government to cover up to 9 billion Swiss francs ($9.92 billion)in losses from its emergency takeover of Credit Suisse by June 7, the Swiss bank said in a regulatory filing published on Tuesday.
"UBS Group AG expects that the Loss Protection Agreement will be finalized by June 7, 2023," it said in a filing with the U.S. Securities and Exchange Commission.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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