Julius Baer not yet in a position to ask for share buybacks, CEO says

Julius Baer Gruppe AG

02/02/2026 08:10

Corrects CEO's first name in first paragraph

ZURICH, Feb 2 (Reuters) - Julius Baer has not yet requested any share buybacks with Swiss financial regulator FINMA, CEO Stefan Bollinger said on Monday, giving no further update on the timeline of an ongoing enforcement assessment.

"We are just waiting for the enforcement proceeding to be completed," Bollinger told analysts on a call. "We're making good progress. We'll take a little bit more time."

Bollinger reiterated that any discussions on a potential buyback could only start when Victoria McLean joins the bank as its new chief compliance officer at the end of February.

(Reporting by Ariane Luthi, Editing by Louise Heavens)

((Ariane.Luthi@thomsonreuters.com;))