(IN BRIEF) UBS Group AG has voluntarily terminated its CHF 9 billion Loss Protection Agreement (LPA) with the Swiss government, covering potential losses from Credit Suisse non-core assets, after a thorough evaluation of the assets and stress loss scenarios. Additionally, … Read the full press release →
Posted in Banks, Financial, Government, Investment, Management, News, Switzerland
Tagged Credit Suisse, Financial, liquidity, Loss Protection Agreement, Swiss Government, UBS
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