Julius Baer Group Ltd ( (CH:BAER) ) has shared an announcement.
Julius Baer Group Ltd. has completed the sale of its domestic Brazilian wealth management operation to Banco BTG Pactual S.A., which is expected to positively impact its capital ratio and result in a significant one-off gain in operating income. Despite the sale, Julius Baer remains committed to serving Brazilian clients through its international business, maintaining its presence in the broader Latin American wealth management market.
More about Julius Baer Group Ltd
Julius Baer is a leading Swiss wealth management group, renowned for servicing and advising sophisticated private clients globally. With origins dating back to 1890, the company is headquartered in Zurich and operates in about 25 countries. It is listed on the SIX Swiss Exchange and is known for its client-centric approach and solid financial base.
YTD Price Performance: 7.40%
Average Trading Volume: 628,837
Technical Sentiment Signal: Buy
Current Market Cap: CHF12.43B
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