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JBAXY Julius Baer Group Ltd (PK)

11.45
0.01 (0.09%)
25 Jun 2024 - Closed
Delayed by 15 minutes
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

Julius Baer to Create Direct Private Investments Unit

10/07/2020 7:44am

Dow Jones News


Julius Baer (PK) (USOTC:JBAXY)
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   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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