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UBS agrees $10bn deal with Swiss government to backstop Credit Suisse losses
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fnlondon.comUBS has struck a deal with the Swiss government to protect it from billions in potential losses when it acquires Credit Suisse.
The Swiss government will provide UBS with up to CHF9bn ($9.9bn) to shield it from losses after the bank agreed to rescue its Swiss rival in March.
The agreement is one of the final hurdles to the deal, which is expected...
Read more on fnlondon.comAbout this in other media
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