UBS AG
- UBS Group AG jumped 4.5% to $23.24 after the Swiss bank voluntarily terminated its loss protection agreement signed at the time of Credit Suisse purchase with the Swiss National Bank and Swiss government saying the bank does not need it.
Separately, the bank said Credit Suisse fully repaid an emergency liquidity loan of 50 billion Swiss francs to the Swiss National Bank.
Aug 11, 2023
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