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Julius Baer pushes ahead with hires, M&A under new CEO

It will also propose a dividend of 1.40 francs per share, compared with 1.20 francs given last year

    Published Wed, Jan 31, 2018 · 09:50 PM

    Zurich

    SWISS private bank Julius Baer will push ahead under new chief executive Bernhard Hodler with hiring more client managers and looking for both large and small acquisitions, it said on Wednesday.

    Baer, Switzerland's third-largest listed bank, posted a double-digit percentage rise in 2017 net profit during the first major corporate event since its former chief risk officer took the helm.

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