Julius Baer cost-income ratio rises above 70% in first four months of 2012

By | 16 May 2012 | 2 minutes read

Despite Julius Baer’s increase in assets under management (AUM) of 4% in the first four months of 2012, cost-income ratios have been squeezed above 70% attributed to reduced levels of client activity, especially in equities and foreign exchange, dampened by subdued risk appetite. The bank has stated that it has taken a number of steps to bring down the cost-income…

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