UBS seeks Swiss backstop in any Credit Suisse deal

UBS Group AG (SIX: ) is asking the Swiss government for a backstop if it were to buy Credit Suisse Group AG, Bloomberg News reported on Saturday. UBS is discussing scenarios in which the government would take on certain legal costs or other specific losses in any deal, the report said, citing…#ubsgroupag #creditsuissegroupag #ubs #ubsgroup
Source: Reuters: Health - Category: Consumer Health News Source Type: news