Julius Baer brings in $3.8 bln in net new money, missing forecasts
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;))
Recent news on Julius Baer Gruppe AG
See all newsKBW cuts UBS, Julius Baer to 'underperform' on expectation peak
European banks rally on hopes of Middle East peace deal
India sees $3 bln debt fundraising rush as yields slump after RBI moves, bankers say
Brief: Julius Baer Successfully Places EUR 500 Million Senior Unsecured Notes
HSBC, StanChart fall; JPM says impact of new Chinese rules greater than initially thought