Tag: $Julius Baer

Swiss private bank Julius Baer held talks with EFG International about a potential takeover in recent months but the discussions have stopped, people with knowledge of the matter told Reuters.

Shares of Julius Baer Gruppe dropped early Monday after the Swiss private-bank group warned net profit for 2023 will be below last year’s level.

ZURICH, July 24 (Reuters) – Swiss wealth manager Julius Baer (BAER.S) on Monday reported a jump in money inflows and hiring in the months after it was announced that Credit Suisse would be rescued by larger rival UBS (UBSG.S).

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