Julius Baer brings in $3.8 bln in net new money, missing forecasts
22/05/2026 06:09
ZURICH, May 22 (Reuters) - Swiss bank Julius Baer BAER.S on Friday reported net new money inflows of 3 billion Swiss francs ($3.8 billion) for the first four months of 2026, missing analyst expectations of 5.7 billion francs.
Assets under management rose to 528 billion francs, driven by strong equity markets and net new money, Julius Baer said.
($1 = 0.7861 Swiss francs)
(Reporting by Ariane Luthi, Editing by Friederike Heine)
((Ariane.Luthi@thomsonreuters.com;))