India, Feb. 4 -- UBS Group AG reported Tuesday a profit in its fourth quarter, compared to prior year's loss, benefited by increased revenues. The Swiss banking major also raised its dividend, and announced up to $3 billion share buyback program.
Meanwhile, the shares were losing around 5 percent in the trading on the Switzerland stock ecxchange, as well as around 6 percent in pre-market activity on the NYSE.
Sergio Ermotti, Group CEO, said, "In 2025, we will continue to execute on the next phase of the integration with discipline and deliver on our priorities. We are confident in our ability to substantially complete the integration by the end of 2026, achieve our financial targets, and fulfill our growth initiatives as we position UBS f...