UBS Group AG Rides on Strategic Expansions Amid Rising Expenses
UBS Group AG (UBS) is benefiting from steady net interest income (NII) growth and an expansion strategy. However, legal issues and elevated expenses are concerning.UBS’ Growth DriversStrategic Partnerships & Buyouts: UBS Group AG has expanded its geographical footprint through strategic partnerships and acquisitions. In June 2023, UBS Group AG completed the acquisition of Credit Suisse (a regulatory-assisted deal). This enhanced UBS capabilities in wealth and asset management, as well as aids in growing its ...