Exclusive-UBS seeks about $6 billion in government guarantees for Credit Suisse deal -sourceinvesting.com/news/economy/exclusiveubs-seeks-about-6-bn-in-government-guarantees-for-credit-suisse-deal-source-3033918
UBS Group AG (SIX: ) is seeking government guarantees of about $6 billion for a potential takeover of Credit Suisse Group AG, a person with knowledge of the discussions told Reuters on Saturday.
The talks are still ongoing and the figure could change as several scenarios are still under review, the person said.
The guarantees would cover the cost of winding down parts of…
This story appeared on investing.com, 2023-03-18.