Julius Baer
Julius Baer
Julius Bär Group Ltd.is a Swiss private banking group. It has locations in more than 20 countries. Switzerland and Asia are the group’s two home markets, with the head office being located in Zurich. Julius Baer employs a staff of over 5,300 worldwide...
due higher numbers otherwise rather sales
Sales look fine, but otherwise the numbers are rather disappointing, also due to higher expenses.
figures notch prefer private
The figures are a notch better, but valuation is stretched. Therefore, we still prefer other private banks.
value
(It is) an acquisition which we would value as 'not really expensive.