UBS Group AG's Credit Suisse unit is currently being investigated by the Financial Conduct Authority (FCA) for alleged misuse of WhatsApp for communications. This investigation has raised concerns about compliance and regulatory practices in the financial services industry.

UBS operates as a holding company with a diversified business model, generating revenues from wealth management, investment banking, retail and corporate banking, and asset management. The company also derives a small percentage of revenues from other activities.

By the end of 2023, UBS is expected to manage a substantial amount of deposits and loans, highlighting its significant presence in the global financial market.