UBS makes bank on bargain-bin Credit Suisse acquisition
UBS Group AG (NYSE:UBS) has reported its fourth-quarter and full-year results for 2023, confirming financial targets and announcing plans for a 27% year-on-year increase in its dividend to 751 million due to operating expenses related to the integration of Credit Suisse. Revenues were also impacted by UBS’s $500 million investment in SIX Group. For the ful ...