trending Market Intelligence /marketintelligence/en/news-insights/trending/QYsg0YK8He9uLwlZFKzfEA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Julius Bär could buy banks with AUM of up to CHF15B, says CEO

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory

Julius Bär could buy banks with AUM of up to CHF15B, says CEO

Julius BärGruppe AG has thecapacity to buy a bank with AUM of up to CHF15 billion without having toapproach the markets for funding, CEO Boris Collardi told Reuters.

Collardi said that a potential deal would be price sensitiveand anything that is priced above 1% of AUM is "too expensive,"Reuters noted in its July 25 report.

The CEO also said that there is a possibility for the bankto adopt further cost-cutting measures in the second half. Julius Bär earlierthe same day reported first-half IFRS net profit attributable to shareholders of CHF362.0 million,up from CHF39.0 million reported in the year-ago period.

At the earnings conference, Collardi said he was confidentthat there would be M&A opportunities in the future. He also expects JuliusBär to be among the top two private banks in Monaco within two years. "Byour conservative estimate, we should, within the next two years, be either No.1 or No. 2 in Monaco," Collardi said.

CFO Dieter Enkelmann said at the conference that the netnumber of bankers joining the company would be about 120 in 2016, compared toapproximately 40 in 2015.