Julius Baer sheds 400 jobs, downsizes executive board
The company’s executive board has now been trimmed from 15 to 5 members, as the bank eyes another CHF110m in cost savings.
Oakmark International Small Cap Strategy Q4 2024 Commentary
The portfolio’s return was -10.93% (net) for the reporting period vs. MSCI World ex USA Small Cap Index that returned -7.86% ...
Swiss Private Bank Julius Bär Cuts 400 Jobs Despite Profit Boost
The bank's profits climbed by 125% to CHF1.02 billion in the 2024 financial year. This follows a poor 2023 when Julius Bär reported a halving of profit due to write-downs of CHF606 million on loans ...
Swiss Bank Watchdog Steps Up Signa Action Against Julius Bär
( MENAFN - Swissinfo) Swiss financial regulator Finma said it had opened an enforcement procedure against Julius Bär, stepping up action against the bank over risk failures linked to the collapse of ...
Financial Services Roundup: Market Talk
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ...
Julius Bär outlines CHF250M cost savings plan while targeting 3% net new money growth in 2025
Q4 2024 Management View CEO Stefan Bollinger, newly appointed in January 2025, emphasized the company's focus on high-quality net new money generation, sustainable long-term growth, and operational ...