Baer says GAM sale not on the agenda
ZURICH, July 23 |
ZURICH, July 23 (Reuters) - Swiss bank Julius Baer (BAER.VX) has no immediate plans to sell its GAM hedge fund unit, the bank's chief executive said on Wednesday.
A sale of GAM was not on the agenda and Baer was not talking to anybody, Baer CEO Alex Widmer said at a media conference.
(Reporting by Sam Cage)
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