Julius Baer AUMs at record high, cost/income ratio at 70%

27 July 2012 | 1 minute read

Half-yearly results released by Julius Baer show the Swiss banking group has CHF179 billion (US$183 billion) in assets under management, a record high for the bank. Total client assets (including assets under custody) went up by 4% to CHF 269 billion (US$275 billion). However, difficult market conditions did leave an imprint, particularly on operating income which was down 4%. The…

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