Julius Baer Gruppe AG (BAER.S)
19 Jan 2018
Thu, Jan 18 2018
BERN, Jan 18 Former Julius Baer chief executive Boris Collardi said on Thursday the chance to go from employee to entrepreneur drove his decision to quit his job to become a partner at Geneva-based rival Pictet Group.
Jan 17 Swiss private banking group Julius Baer on Wednesday said it appointed Calum Brewster as head of U.K. regional offices, based in Edinburgh.
ZURICH Swiss private bank Julius Baer said on Tuesday it bought the 20 percent in Italian wealth management firm Kairos Investment Management SpA it did not already own for 96 million euros ($114 million).
ZURICH, Jan 9 Swiss private bank Julius Baer said on Tuesday it bought the 20 percent in Italian wealth management firm Kairos Investment Management SpA it did not already own for 96 million euros ($114 million).
ZURICH, Dec 11 Julius Baer Group will nominate Goldman Sachs investment banker Richard Campbell-Breeden for election to its board of directors, the Swiss private bank said on Monday.
MILAN (Reuters Breakingviews) - Boris Collardi is bowing out of Julius Baer at the peak. The whizzkid of Swiss private banking is leaving the $13 billion group for smaller rival Pictet after eight years in charge. Bold deals and aggressive expansion in Asia boosted earnings and lifted the wealth manager’s shares to record highs. Replicating such achievements will be harder.
ZURICH Julius Baer said CEO Boris Collardi unexpectedly resigned at the weekend to take a new role at rival Pictet Group, and appointed its top risk officer to replace him "for the foreseeable future".
MILAN European shares inched lower in early deals on Monday with most sectors moving in the red and Julius Baer leading losers after the unexpected resignation of its chief executive.
* Shares fall more than 4 pct (Adds comment from chairman, comment from Pictet and details)
* NEW CEO SAYS YOU CANNOT EXPECT MAJOR CHANGES IN THE STRATEGY; 'I STAND FOR CONTINUITY'