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UBS, Swiss Government Seal $10 Billion Loss Guarantee Deal - Bloomberg
6/9/23 at 7:56am
Organization
Bloomberg
Author
Marion Halftermeyer
51 words
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UBS Group AG sealed an agreement with the Swiss government to cover 9 billion francs ($9.9 billion) of losses it could incur from the rescue of Credit Suisse Group AG, clearing the last major hurdle to closing the historic takeover.
general
Business & Industrial
UBS
Government Seal
Swiss
Bloomberg
Credit Suisse
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https://www.bloomberg.com/news/articles/2023-06-09/ubs-swiss-government-finalize-10-billion-loss-guarantee-deal
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