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UBS agrees $10bn deal with Swiss government to backstop Credit Suisse losses
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UBS 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...
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