The bank’s revised risk and compliance framework continues to weigh heavily on operations. Management expects the resulting de-risking process to persist through 2027, though the institution maintains its long-term ambition of achieving 4% to 5% net new money growth by 2028. Financial results for the period showed a notable recovery, with net profit climbing to 673 million francs—a 128% increase compared to the previous year, which had been hampered by significant loan loss provisions.
CEO Stefan Bollinger noted that internal structural adjustments are yielding results, pointing to the recent appointment of Peter Burrill as the incoming chief financial officer as a milestone in the bank's management overhaul. Despite this progress, the board remains cautious regarding capital returns. Julius Baer declined to provide a timeline for resuming share buybacks, stating that any such decision remains contingent on ongoing assessments by Swiss regulators.





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