UBS agrees with Swiss government on Credit Suisse loss guarantee

Credit Suisse AG

09/06/2023 08:53

ZURICH, June 9 (Reuters) - UBS  UBSG.S  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  CSGN.S , the country's largest bank
and government said on Friday.
    

 (Reporting by Noele Illien
Editing by Tomasz Janowski)
 ((Noele.Illien@thomsonreuters.com; +41 41 528 39 73;))