Julius Baer Gruppe AG BAER

Investing.com -- Morgan Stanley upgraded Swiss private bank Julius Baer to "equal-weight" from "underweight" and raised its price target to CHF 81 from CHF 67 after Swiss regulator FINMA ended enforcement action against the bank over anti-money laundering breaches.

Switzerland's financial watchdog said Tuesday the bank Julius Baer committed "serious" regulatory violations, but the wealth manager's share price surged as investors turned the page on a probe partly linked to suspected breaches of anti-money-laundering rules.It opened a second phase of the proceeding in August last year -- months after a new chief executive arrived at the firm -- looking into possible breaches of anti-money-laundering rules involving clients linked to two "politically exposed"

The regulator consolidated two proceedings, as both involved lapses in the bank’s risk management as well as culture.

Investing.com -- Julius Baer Gruppe AG (SIX:BAER) shares surged to a 52-week high on Tuesday after Swiss regulator FINMA concluded a long-running enforcement procedure covering legacy risk-management and anti-money-laundering issues.

Andreas Zingg, who currently holds the post, will leave the group on retirement after 23 years at Julius Baer.

The Clarity Act may return to the Senate but this is unlikely before the midterms, making the passage even more difficult depending on the election outcome, said Carsten Menke at Julius Baer. Opposition to the Act was unexpectedly broad, with Democrats and several Republicans voting against the bill.

Oil prices are likely to decline in the near term, Julius Baer's Norbert Rücker said in a note. "The chit-chat of the day is about exchange estimates of how much oil is transiting through the Strait of Hormuz," he added. Oil exports through the strait seems to be expanding incrementally, with estimates of up to 10 million barrels a day.

According to the report, around 40%-45% of allocations in many family offices now go to alternative assets.

The partners will create formal routes for affluent clients under the Dubai Economic Agenda, D33.

The Swiss wealth manager reported IFRS net profit of SFr673m ($831.2m) for the six months to June 2026.

Swiss private banking and wealth management group Julius Baer on Tuesday reported record earnings for the first half of 2026, driven by all-time high assets under management, higher fee and trading income, and significantly lower credit losses. Profit before taxes increased to 813.

Julius Baer appoints a Standard Chartered exec as CFO, Kyndryl and Costa Coffee name new finance chiefs and United Natural Foods reshuffles its C-suite.

Peter Burrill is set to join from Standard Chartered, where he spent nine years.

Swiss wealth management firm Julius Baer Group has appointed a new financial executive, the company announced on Friday. Julius Baer has appointed Peter Burrill as chief financial officer and a member of its executive board, effective August 17.

Investors may be wondering whether Julius Bär Gruppe at CHF64.82 is offering good value right now, or if the easier gains are already behind it. The stock has been fairly steady in the short term, with a 7 day return that declined 0.7% and a 30 day gain of 1.1%. The longer term picture shows a 27.2% return over 1 year and 34.8% over 5 years. Recent coverage has focused on Julius Bär Gruppe as part of ongoing interest in capital markets stocks, with investors paying attention to how wealth...