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| Name | Symbol | Market | Type |
|---|---|---|---|
| Julius Baer Group Ltd (PK) | USOTC:JBAXY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.01 | 0.09% | 11.45 | 11.29 | 11.45 | 11.45 | 11.33 | 11.36 | 64,219 | 21:10:15 |
From Jun 2019 to Jun 2024
By Nathan Allen
Julius Baer Gruppe AG (BAER.EB) said Thursday that it will enter a joint venture with Siam Commercial Bank PCL (SCB.TH) to provide wealth-management services to customers in Thailand.
Julius Baer will initially hold 40% in the joint venture, with the option to increase its stake to 49% over time, the company said.
The move will give Julius Baer access to the fast-growing Thai wealth market, which is currently valued at around $300 billion, the company said.
Neither company disclosed financial deals and the joint venture is subject to regulatory approvals.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
March 08, 2018 01:18 ET (06:18 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
1 Year Julius Baer (PK) Chart |
1 Month Julius Baer (PK) Chart |
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