UBS Group AG (UBS) reported fourth-quarter 2023 net loss attributable to shareholders of $279 million. It recorded net profit of$1.65 billion in the year-ago quarter. Results were adversely impacted by higher operating expenses, along with a significant rise in credit loss expenses. However, a rise in total revenues, driven in part by the acquisition of Credit Suisse, was a supporting factor. The performance of the Personal & Corporate Banking division was impressive. However, the Asset Management, Non-cor ...