Comment & Analysis
Financial Results
Uncategorized
Wealth and Asset Management
Julius Baer Profit Drops 21%
Julius Baer Group's financial performance was again impacted by the continued strengthening of the Swiss franc against key currencies. Operating income decreased by 2%, while average assets under management (AuM) were essentially unchanged, translating into a gross margin of 105 basis points (bps), 2 bps lower than in the first…
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Source: press release