Julius Baer reports weak money inflows in early 2024
ZURICH, May 23 - Julius Baer on Thursday reported net new money of 1 billion Swiss francs in the first four months of 2024, undershooting forecasts, as...
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ZURICH, May 23 - Julius Baer on Thursday reported net new money of 1 billion Swiss francs in the first four months of 2024, undershooting forecasts, as...
In a research note published by Anke Reingen, RBC advises its customers to buy the stock. The target price is unchanged at CHF 28.
(Bloomberg) -- The recent selloff in UBS Group AG shares underscores the Swiss bank’s challenge to demonstrate its Credit Suisse Group AG acquisition is on solid ground.Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackFrance’s Macron Calls for Reset of Economic Ties With ChinaBuffett Praises Apple After Trimming It, Drops Paramount StakeTreasury Rally Risks Running Into a $125 Billion Brick WallXi Begins Europe Tour in Paris as Macron Seeks to Reset TiesResu
Analyst Anke Reingen from RBC research gives the stock a Neutral rating. The target price remains set at EUR 16.50.
A year after the failure of Credit Suisse, the Swiss government says UBS may have to find as much as $27 billion to absorb potential losses. Now, the giant Swiss lender is hitting back, saying its finances are robust.