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JuliusBaer

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Julius Baer boosts H1 net profit by 23%

ZURICH, July 21 (Reuters) - Julius Baer BAER.S on Wednesday posted a 23.4% rise in half-year net profit to 606.0 million Swiss francs ($657.9 million), as strong markets and continued client inflows helped the Zurich-based wealth manager grow business. "Following a record-high net profit in the first half of the year, we are entering the second hal
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Miners, UBS help European stocks claw back some losses

* Hard-hit stocks attempt recovery * UBS shines after Q2 report * Volvo, Electrolux warn of chip shortage (Updates to close) By Sruthi Shankar and Susan Mathew July 20 (Reuters) - European stocks stabilised on Tuesday after their worst sell-off this year in the previous session, helped by a handful of positive corporate earnings and production upda
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Julius Baer confirms targets as AuM grow 8% through April

(Corrects to reflect day is Wednesday (not Tuesday) in final paragraph) ZURICH, May 19 (Reuters) - Julius Baer BAER.S said it was on track to deliver on financial targets as the Swiss wealth manager posted an 8% rise in assets under management for the first four months of 2021 to 470 billion Swiss francs ($523.9 billion). "The increase was driven b
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Julius Baer confirms targets as AuM grow 8% through April

(Changes day to Wednesday in second paragraph) ZURICH, May 19 (Reuters) - Julius Baer BAER.S said it was on track to deliver on financial targets as the Swiss wealth manager posted an 8% rise in assets under management for the first four months of 2021 to 470 billion Swiss francs ($523.9 billion). "The increase was driven by continued net new money
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Julius Baer can resume acquisitions after Swiss watchdog lifts ban

ZURICH, March 31 (Reuters) - Julius Baer can resume large acquisitions after markets watchdog FINMA lifted a ban levied against the Swiss private bank last year for failings in combating money laundering involving cash linked to world soccer body FIFA and Venezuela's oil company. In February 2020, FINMA cited scores of failings at Switzerland's thi
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