Exclusive-UBS seeks about $6 billion in government guarantees for Credit Suisse deal -source

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By Oliver Hirt and Stefania Spezzati (Reuters) – UBS Group AG 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 Credit Suisse and potential litigation charges, the source said. A second person confirmed this without specifying the $6 billion figure. Talks to resolve the crisis of confidence in Cr…

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