Julius Baer Group

EQS-News: Q3 2023: DWS Progresses with Continued Net Inflows and Stable Revenues in Challenging Market Environment

Retrieved on:

Giovedì, Ottobre 26, 2023

In the first nine months of the year, DWS generated net inflows (ex cash) of EUR 20.8 billion, including Cash of EUR 17.3 billion.

Key Points:

In the first nine months of the year, DWS generated net inflows (ex cash) of EUR 20.8 billion, including Cash of EUR 17.3 billion.
Assets under Management increased marginally in Q3 2023 to EUR 860 billion as net inflows and positive exchange rate movements slightly exceeded the negative impact from market developments.
The adjusted profit before tax was 6 percent lower in Q3 compared to Q2, while net income increased by 2 percent.
Adjusted revenues were virtually stable at EUR 666 million in Q3 2023 (Q2 2023: EUR 668 million).

NewGAMe investor group announces candidate for GAM CEO and provides funding of up to CHF 100 million

Retrieved on:

Martedì, Settembre 26, 2023

GAM (company), Elmar, Swiss Financial Market Supervisory Authority, SWX, GAM, EGM, Rock, Knowledge, Growth, Julius Baer Group, Letter, CHF, Cryptocurrency, Management

The investor group comprised of NewGAMe SA and Bruellan SA, which controls approximately 9.6% of the issued share capital of GAM Holding AG [GAM:SWX] ("GAM"), announces Elmar Zumbuehl as its proposed candidate for CEO of GAM.

Key Points:

The investor group comprised of NewGAMe SA and Bruellan SA, which controls approximately 9.6% of the issued share capital of GAM Holding AG [GAM:SWX] ("GAM"), announces Elmar Zumbuehl as its proposed candidate for CEO of GAM.
Elmar Zumbuehl, a Swiss citizen, joined GAM in 2010 and is currently Chief Risk Officer and a member of the Group Management Board.
Rock Investment SAS, a member of the NewGAMe investor group, has already provided short-term financing of up to CHF 20 million to cover GAM’s immediate liquidity needs.
We are also thrilled that Elmar has accepted the opportunity to work with the new board as CEO of GAM.

New trading segment on the BX Swiss - Julius Baer expands offering in secondary market for investment funds

Retrieved on:

Lunedì, Settembre 18, 2023

ETP, BX Swiss, ETF, Julius Baer Group, Life, Security (finance), Financial services

As of today, 18th September 2023, investors will be able to trade a selection of attractive investment funds on the stock exchange BX Swiss.

Key Points:

As of today, 18th September 2023, investors will be able to trade a selection of attractive investment funds on the stock exchange BX Swiss.
For the new trading segment 'Sponsored Funds' on BX Swiss, Bank Julius Baer & Co. AG will acts as market maker and will be responsible for binding pricing with attractive minimum volumes and bid/offer spreads.
"Sponsored funds are a combination of the almost unlimited investment possibilities of investment funds with the advantages of liquid stock exchange trading", emphasizes Matthias Müller, Chief Commercial Officer of BX Swiss.
The new trading segment Sponsored Funds combines modern trading technology with the world of attractive classic investment funds, thus creating added value for investors, banks and fund providers", says Estelle Pool, from Julius Baer's Funds Secondary team

Julius Baer successfully places CHF 360 million dual-tranche domestic senior unsecured bonds

Retrieved on:

Martedì, Agosto 22, 2023

SIX Swiss Exchange, Julius Baer Group, SBI, CHF, Security (finance)

Zurich, 21 August 2023 – Today, Bank Julius Baer & Co. Ltd., a wholly owned subsidiary of Julius Baer Group Ltd., has successfully placed two series of domestic senior unsecured bonds with Swiss investors: CHF 160 million due in 2027 and CHF 200 million due in 2030.

Key Points:

Zurich, 21 August 2023 – Today, Bank Julius Baer & Co. Ltd., a wholly owned subsidiary of Julius Baer Group Ltd., has successfully placed two series of domestic senior unsecured bonds with Swiss investors: CHF 160 million due in 2027 and CHF 200 million due in 2030.
Both tranches of bonds have been issued in Swiss standard denominations of CHF 5,000 and multiples thereof.
The bonds are expected to be included in the domestic segment of the Swiss Bond Index (SBI).
This announcement is not and shall not be interpreted or construed as a solicitation to purchase any securities of/in Julius Baer Group.

IBM Consulting Collaborates with Microsoft to Help Companies Accelerate Adoption of Generative AI

Retrieved on:

Giovedì, Agosto 17, 2023

With today's news, IBM Consulting, in collaboration with Microsoft, will focus on helping clients to implement and scale Azure OpenAI Service.

Key Points:

With today's news, IBM Consulting, in collaboration with Microsoft, will focus on helping clients to implement and scale Azure OpenAI Service.
It aims to help businesses define an adoption strategy and an initial set of specific and value-add generative AI use cases.
Additionally, IBM Consulting brings expertise and capabilities to help Microsoft clients through its acquisition of Neudesic , which specializes primarily in Microsoft Azure.
IBM Consulting recently announced its Center of Excellence for generative AI, which includes more than 1,000 consultants with specialized generative AI expertise ready to help accelerate its clients' business transformations with enterprise-grade AI, including technology from Microsoft, IBM and other ecosystem partners.

IBM Consulting Collaborates with Microsoft to Help Companies Accelerate Adoption of Generative AI

Retrieved on:

Giovedì, Agosto 17, 2023

With today's news, IBM Consulting, in collaboration with Microsoft, will focus on helping clients to implement and scale Azure OpenAI Service.

Key Points:

With today's news, IBM Consulting, in collaboration with Microsoft, will focus on helping clients to implement and scale Azure OpenAI Service.
It aims to help businesses define an adoption strategy and an initial set of specific and value-add generative AI use cases.
Additionally, IBM Consulting brings expertise and capabilities to help Microsoft clients through its acquisition of Neudesic , which specializes primarily in Microsoft Azure.
IBM Consulting recently announced its Center of Excellence for generative AI, which includes more than 1,000 consultants with specialized generative AI expertise ready to help accelerate its clients' business transformations with enterprise-grade AI, including technology from Microsoft, IBM and other ecosystem partners.

LOKKER Appoints New Chief Technology Officer

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Giovedì, Maggio 4, 2023

Cloud, Morgan Stanley, Apple Store, Amazon Web Services, Bear Stearns, JPMorgan Chase, Julius Baer Group, Financial services, Big data, Data analysis, Apache, Privacy, App Store (iOS/iPadOS), Computation, Cloud computing, Google Play, Schüssler, Legislation, Medical device

REDWOOD CITY, Calif. , May 4, 2023 /PRNewswire/ -- LOKKER, provider of online data privacy and compliance solutions for enterprises, today announced the appointment of Mitch Schussler as chief technology officer (CTO). He will lead LOKKER's software engineering and innovation with a focus on performance, big data, AI/ML, and operational efficiency, to further drive the company's leadership in data privacy solutions for the enterprise.

Key Points:

REDWOOD CITY, Calif. , May 4, 2023 /PRNewswire/ -- LOKKER , provider of online data privacy and compliance solutions for enterprises, today announced the appointment of Mitch Schussler as chief technology officer (CTO).
Schussler has more than 25 years' experience in enterprise technology.
He is an exceptional technology executive with deep experience in AI/ML who will help accelerate our mission to protect our enterprise clients' websites with the latest in web privacy technology, while driving operational efficiency here at LOKKER," said Ian Cohen, CEO.
"Mitch's breadth of experience in high-growth enterprise technology companies will support our goal of delivering significant impact for our customers.

Julius Baer Group Ltd. places inaugural EUR Perpetual Tier 1 Subordinated Bonds

Retrieved on:

Lunedì, Febbraio 13, 2023

SIX Swiss Exchange, Addition, AT1, Julius Baer Group, EUR, Security (finance)

Zurich, 7 February 2023 – Today, Julius Baer Group Ltd. has successfully placed perpetual non-cumulative Additional Tier 1 (AT1) securities in a EUR 400 million transaction with private banks and institutional investors in Europe and Asia.

Key Points:

Zurich, 7 February 2023 – Today, Julius Baer Group Ltd. has successfully placed perpetual non-cumulative Additional Tier 1 (AT1) securities in a EUR 400 million transaction with private banks and institutional investors in Europe and Asia.
The transaction will help to optimise Julius Baer Group’s capital structure and will add flexibility.
They will be issued in denominations of EUR 200,000 and multiples of EUR 1,000 thereof.
This announcement is not and shall not be interpreted or construed as a solicitation to purchase any securities of/in Julius Baer Group.

RLF Communications Expands North Carolina Footprint With Acquisition of BAERING Group Public Relations

Retrieved on:

Mercoledì, Febbraio 8, 2023

RLF, Julius Baer Group, Agriculture, Communication, Acquisition, Culture, Property management

Greensboro, N.C. , Feb. 08, 2023 (GLOBE NEWSWIRE) -- RLF Communications, a full-service public relations agency headquartered in Greensboro, North Carolina, acquired BAERING Group, a Raleigh-based public relations agency on Jan. 31.

Key Points:

Greensboro, N.C. , Feb. 08, 2023 (GLOBE NEWSWIRE) -- RLF Communications, a full-service public relations agency headquartered in Greensboro, North Carolina, acquired BAERING Group, a Raleigh-based public relations agency on Jan. 31.
The acquisition furthers RLF’s strategy to strengthen its footprint across North Carolina, with professional staff in Greensboro, Raleigh and Charlotte, to serve clients conducting business statewide, nationally and internationally.
“Like RLF, BAERING worked with a wide range of industry-leading clients to provide strategic communications counsel, message development, media relations, internal communications, crisis communications, branding and other public relations services,” said Monty Hagler, CEO of RLF Communications.
“RLF Communications has an outstanding reputation as one of the premier public relations agencies in North Carolina,” said Robert Buhler, former chairman and owner of BAERING Group.

Bellevue Asset Management AG: A promising outlook for the biotech sector

Retrieved on:

Venerdì, Novembre 11, 2022

Media release of November 9, 2022

Key Points:

Media release of November 9, 2022
Judging by the market performance of biotech stocks, the past two years have been difficult for the biotech sector.
Nevertheless, the sector outlook is positive, not only for the remainder of the current year, but also for the coming year.
The Bellevue Biotech (Lux) Fund is primarily invested in mid-sized biotech companies with strong innovation and growth momentum and that possess a number of positive triggers in expanding pipelines.
Lukas Leu has joined Bellevue Asset Management in 2021 and is a Portfolio Manager of the Bellevue Biotech Fund.