Julius Baer Group has announced the financial results for the 2009 full year. The financial report noted a net profit increase of 7%. Operating income was decreased by 5%, driven by 3% lower average assets under management and gross margins of less than 111 basis points. The company’s operating expenses were further decreased by 8%, due to the adjusted net profit increase of 7%.
Top Best Penny Stocks, a leading financial publication, is pleased to alert investors of stocks on the move. Sign up for our Free Stock Newsletter.
Julius Baer Holding, Ltd. and its Board of Directors has announced that it will hold the Ordinary Annual General Meeting on April 8, 2010. The financial results for the year end will be discussed during the meeting, in addition to proposing a CHF dividend of $0.40 per registered share. A webcast of the conference will be available online at www.juliusbaer.com.
The Julius Baer Group is the leading Swiss private banking group, with an exclusive focus on servicing and advising private clients. Julius Baer’s total client assets amounted to CHF 241 billion at the end of 2009, with assets under management accounting for CHF 154 billion. Bank Julius Baer & Co. Ltd., the renowned Swiss private bank with origins dating back to 1890, is the principal operating company of Julius Baer Group Ltd., whose shares are listed on the SIX Swiss Exchange (ticker symbol: BAER) and form part of the Swiss Market Index (SMI) of the 20 largest and most liquid Swiss stocks. Julius Baer employs a staff of over 3 000 in more than 20 countries and some 40 locations, including Zurich (head office), Buenos Aires, Dubai, Frankfurt, Geneva, Hong Kong, London, Lugano, Milan, Moscow and Singapore.
Sign up for Top Best Penny Stocks' free newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.
Follow us on Twitter: http://www.Twitter.com/topbestps
About Us
Top Best Penny Stocks is a leading stock web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that are on the brink of a financial breakout. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer.
