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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.36 | 2.73% | 13.54 | 13.38 | 13.65 | 13.58 | 13.37 | 13.38 | 79,493 | 21:11:32 |
By Mauro Orru
Julius Baer Group AG said Friday that it will create a unit for direct private investments such as private equity and private debt.
The Swiss private bank said it will launch the new direct private investments unit as part of its markets division as of Oct. 1, targeting its very wealthy and sophisticated private banking clients.
Giuseppe De Filippo will lead the new unit, who will join the company from UBS Group AG on Oct. 1, Julius Baer said.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
July 10, 2020 02:29 ET (06:29 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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