UBS said it's signed a loss protection agreement with the Swiss government covering up to 9 billion francs ($10 billion) of losses once the takeover of Credit Suisse is completed.

UBS is set to close its controversial purchase of collapsed peer Credit Suisse next week, after sealing a loss protection agreement with the Swiss government to cover the sale of some assets. Here are

UBS and the Swiss government have agreed on how they will share losses linked to the bank’s emergency takeover of Credit Suisse, which will create a giant Swiss bank. The agreement clears the way for the takeover to close within days,

UBS and the Swiss government agreed on Friday on how they will share losses linked to the bank's emergency takeover of Credit Suisse, clearing the way for the deal to close in the coming days. Here are some of the key points of the agreement: * The guarantee covers a volume of around 44 billion Swiss francs ($48.

UBS and the Swiss government agreed on Friday how they will share losses linked to the bank's emergency takeover of Credit Suisse, clearing the way for the deal to close within days, and creating a giant Swiss bank and cementing its position as a global wealth manager.

UBS is reportedly considering delaying its financial results from July 25 to late August due to the complex issues involved in the takeover of Credit Suisse.