Julius Baer Gruppe AG (BAER.S)
20 Nov 2018
Mon, Jul 23 2018
* Bank looking at small and medium-sized acquisitions (Rewrites, adding CEO comments, share price reaction, analysts)
* JULIUS BAER CEO SAYS OPTIMISTIC WILL REACH OR EXCEED GOAL OF 80 NEW ADVISORS THIS YEAR
ZURICH, July 23 Julius Baer highlighted increasingly cautious market conditions amid rising trade tensions on Monday as the Swiss private bank reported a 19 percent rise in adjusted net profit for the first half of 2018.
ZURICH (This version of June 7's story refiles as the bank corrects breakdown of its mandates business to read 34 percent(not 50 percent)advisory mandates, 16 percent discretionary mandates & 50 percent(not 30 percent) remianing business.)
ZURICH, June 7 Swiss private bank Julius Baer 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.