|Bid||45.76 x 0|
|Ask||39.99 x 0|
|Day's Range||44.21 - 44.96|
|52 Week Range||44.21 - 44.96|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The chorus of “Philipp who?” must be dispiriting for Philipp Rickenbacher, who Julius Baer this week appointed as chief executive. Shares in the Swiss bank and wealth manager have since fallen 4.5 per cent. Mr Rickenbacher was not randomly hired after coming in to overhaul the photocopier.
The latest earnings update Julius Bär Gruppe AG (VTX:BAER) released in February 2019 indicated that the company gained...
Today we'll take a closer look at Julius Baer Group Ltd. (VTX:BAER) from a dividend investor's perspective. Owning a...
Julius Baer's assets under management rose 12% in the first four months of 2019 to a record 427 billion Swiss francs (336 billion pounds) as net new money picked up, the Swiss private bank said on Friday, but margins fell, sending its shares lower. The interim statement showed Switzerland's number-three listed bank was starting to recover from a slow patch but had yet to regain the 4.5% growth in net new money -- an indicator of future profitability -- it generated last year. "After a soft start to the year, net new money growth accelerated towards the end of the period, resulting in a growth rate of 3% (annualised)," Baer said, pointing to inflows from clients in Asia and Europe and new relationship managers hired last year.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Julius Baer Group Ltd. (VTX:BAER) shareholders should be happy to see the share price up 17% in th...
Swiss bank Julius Baer is considering Credit Suisse's international wealth management head Iqbal Khan as a possible successor to its chief executive Bernhard Hodler, two sources familiar with the matter told Reuters. Khan, who was hired by Chairman Urs Rohner in 2013 and promoted to lead the newly created International Wealth Management business in 2015, had also been tipped as a potential future chief executive of Credit Suisse. Although Hodler has been Julius Baer CEO for less than one-and-a-half years, Baer's board is already assessing potential successors, the sources said.
ZURICH (Reuters) - Julius Baer has acquired an additional 30 percent in Mexican wealth manager NSC Asesores, the Swiss private bank said on Monday, taking its overall stake to 70 percent. Zurich-based ...
Swiss private bank Julius Baer has partnered with SEBA Crypto to launch cryptocurrency services later in 2019. Julius Baer is one of the three largest private banks in Switzerland. The firm said that the move towards digital asset services is driven by customer demand, according to an announcement on Tuesday. Peter Gerlach, Head of Markets at Julius Baer, said: “At Julius Baer, we are convinced that digital assets will become a legitimate sustainable asset class of an investor’s portfolio. The investment into SEBA as well as our strong partnership are proof of Julius Baer’s engagement in the area of digital assets and our dedication to make pioneering innovation available to the benefit of our clients.” SEBA Crypto is a Swiss-based blockchain start-up The post Swiss bank partners with crypto firm SEBA to offer digital asset services appeared first on Coin Rivet.
Julius Baer plans to offer access to digital assets through a partnership with Swiss start-up SEBA Crypto in the latest move into cryptocurrencies by a Swiss private bank. The partnership, which follows a similar move by smaller rival Falcon Private Bank, will enable customers of Julius Baer, Switzerland's third-largest listed bank, to store, trade and invest in digital assets, the two firms said on Tuesday.
Switzerland's highest court has ruled against private bank Julius Baer (BAER.S) in a suit by a German government agency seeking East German assets that went missing after the fall of the Berlin Wall. The lawsuit relates to withdrawals nearly 30 years ago from an account established by former German Democratic Republic officials at Zurich-based Bank Cantrade, which Julius Baer bought from UBS (UBSG.S) in 2005. In a ruling published on Wednesday, the Swiss Federal Supreme Court overturned a verdict from a Zurich appeal court last year dismissing the case and sent it back to be reheard.
Julius Baer plans to axe 130-140 jobs, or around 2 percent of its workforce, as part of a cost-cutting plan announced on Monday, after a tough end to 2018 caused the Swiss private bank to scale back growth targets. Switzerland's third-largest listed lender on Monday announced a 100 million Swiss franc ($100.3 million) cost savings programme after reporting a 6 billion franc decline in managed assets in 2018 and missed its profitability and cost-income targets. Adjusted half-year net profit fell 18 percent in the last six months of 2018 as tumbling stock markets made its customers more cautious.
Julius Baer Group Ltd. (VTX:BAER), which is in the capital markets business, and is based in Switzerland, saw a significant share price rise of over 20% in the past couple Read More...