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 ...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: