UBS expects to reach an agreement with the Swiss government on Credit Suisse's loss guarantee by June 7.

UBS expects to reach an agreement with the Swiss government on Credit Suisse's loss guarantee by June 7. UBS said in a regulatory filing with the Securities and Exchange Commission (SEC) on June 6 that it expected to complete the agreement with the Swiss government by June 7 to make up for the loss of up to 9 billion Swiss francs ($9.92 billion) caused by its emergency acquisition of Credit Suisse.