Tag Archives: Swiss Government

UBS Ends Loss Protection Agreement and Liquidity Backstop with Swiss Government in Credit Suisse Rescue Effort

(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