UBS agrees $10bn deal with Swiss government to backstop Credit Suisse losses
The government guarantee is seen as one of the final hurdles to completing the landmark merger between the Swiss lenders
UBS was pushed into a shotgun marriage with its Swiss rival in March
Getty ImagesUBS has struck a deal with the Swiss government to protect it from billions in potential losses when it acquires Credit Suisse.
The Swiss government will provide UBS with up to CHF9bn ($9.9bn) to shield it from losses after the bank agreed to rescue its Swiss rival in March.
The agreement is one of the final hurdles to the deal, which is expected...
