UBS Group AG (UBS) Aided by Strategic Buyouts Amid High Costs
UBSUBS(UBS) Zacks Investment Research·2024-02-27 23:56

UBS Group AG’s (UBS) strong capital position, expansion strategies and business restructuring initiatives will continue to aid its financials. However, a rising expense base and increased litigation provisions will likely limit bottom-line growth in the near term. Over the years, UBS Group AG’s strategic partnerships and buyouts, as well as its business optimization plans, have been supporting its financials. In June 2023, UBS completed the acquisition of Credit Suisse. This move is expected to enhance capa ...