UBS ends €9.4 billion Swiss state backstop that helped seal merger

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 71%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

The move is considered a sign that the integration of Credit Suisse is on track

UBS Group AG decided to end an agreement with the Swiss government to cover losses it could incur from the rescue of Credit Suisse, in a sign that the mammoth integration is on track and the stricken lender’s assets might be less troublesome than initially feared. The takeover was formally completed in June.

Switzerland’s biggest bank said Friday it had voluntarily terminated the 9 billion franc Loss Protection Agreement with the Swiss government ...

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 8. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama