|Bid||57.72 x 103000|
|Ask||57.72 x 337400|
|Day's range||57.60 - 58.80|
|52-week range||49.63 - 65.40|
|PE ratio (TTM)||17.76|
|Earnings date||23 Jul 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||65.64|
Swiss private bank Julius Baer (BAER.S) plans to expand its footprint in Europe where it says it is attracting as much new business as in high-growth Asia. The head of Baer's European business, Yves Robert-Charrue, told Reuters that the bank plans to expand in Britain, Germany and Spain, by hiring, opening new branches and potentially by M&A activity if it sees opportunities. "I'm in a little bit of a competition with my colleague running Asia to see who's stronger in the long term," Robert-Charrue said during a recent interview at the bank's headquarters in Zurich.
Swiss private bank Julius Baer (BAER.S) is shifting more customers to a pricing system that charges them a fixed fee for its services as part of a wider industry effort to buffer against choppy revenues. In the past, Swiss private banks did not put a fixed price tag on their advisory services for wealthy clients, but charged fees based on transactions carried out for them.
Assets under management at Julius Baer (BAER.S) rose 3 percent in the first four months of 2018 to a record 401 billion Swiss francs (301 billion pounds), the Swiss private bank said on Wednesday. "The rise in AuM (assets under management) came on the back of continued net inflows as well as a positive currency impact, the latter mainly following the strengthening of the U.S. dollar in April," the Zurich-based bank said in a statement. Chief Executive Bernhard Hodler in January said 2018 would be a good year for Switzerland's third-largest listed bank but would be unlikely to keep pace with 2017's bumper net money inflows, which followed an earlier hiring spree.
Bloomberg Intelligence's Alison Williams and David Kohl, head of currency research at Julius Baer Group, discuss Deutsche Bank's plans to restructure its investment bank division, and the outlook for the ...
Assets under management at private banks in Asia surged 29 percent last year to top $2 trillion for the first time, driven by strong flows from China and buoyant financial markets, according to Asian Private ...
Nine years and one revolution after agreeing to manage more than $620 million of Libyan funds, a London banker is in court fighting the firm he founded, and defending fees he used for a lifestyle that ...
Arak Sutivong, chief strategy officer and senior executive vice president at Siam Commercial Bank, discusses his bank's joint venture with Bank Julius Baer, other possible partnerships and cutting head ...
BANGKOK/HONG KONG, March 8 (Reuters) - Switzerland's Julius Baer is forming a joint venture with Siam Commercial Bank (SCB), the latest foreign bank looking to tap Thailand's growing wealth. Julius Baer will initially hold 40 percent of the joint venture's initial registered capital of 1.8 billion baht ($58 million) while SCB, Thailand's second-largest bank by assets, will own 60 percent, the two firms said on Thursday.
Swiss private bank Julius Baer (BAER.S) does not expect to keep pace with last year's bumper growth in 2018 and will push ahead with hiring more client managers and looking for deals under its new chief executive. After a hiring spree helped the bank gain new clients and bring in 22 billion Swiss francs ($23.6 billion) in fresh funds last year, Chief Executive Bernhard Hodler said on Wednesday that the bank was unlikely to overshoot its target again. "With regard to net new money, 2017 was a bit special," Hodler told journalists and analysts.
Julius Baer Group Ltd.’s aggressive drive to hire private bankers slowed in 2017, signaling Switzerland’s third-largest wealth manager may struggle to add new assets at the same pace as under former Chief ...
Apr.26 -- Bloomberg Intelligence's Alison Williams and David Kohl, head of currency research at Julius Baer Group, discuss Deutsche Bank's plans to restructure its investment bank division, and the outlook for the European economy. They speak with Bloomberg's Alix Steel and David Westin on "Bloomberg Daybreak: Americas."
Mar.08 -- Arak Sutivong, chief strategy officer and senior executive vice president at Siam Commercial Bank, discusses his bank's joint venture with Bank Julius Baer, other possible partnerships and cutting head count in his branches. He speaks exclusively on "Bloomberg Markets: Asia."
Jan.31 -- Julius Baer Group CEO Bernhard Hodler discusses becoming the new CEO, and talks about the compayy's performance and growth plans. He speaks with Bloomberg's Manus Cranny on "Bloomberg Daybreak: Europe."
Nov.27 -- Bloomberg Gadfly columnist Lionel Laurent discusses Boris Collardi's resignation as chief executive officer of wealth manager Julius Baer Group. He speaks on "Bloomberg Markets: European Close." (Laurent is a Bloomberg Gadfly columnist. The opinions expressed are his own.)
Nov.23 -- Julius Baer head of currency research David Kohl says that, given Germany's strong economy, he doesn't see a reason for markets to be too concerned about the political uncertainty as Chancellor Angela Merkel attempts to form a coalition government. He speaks to Bloomberg's Anna Edwards on "Bloomberg Markets."