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Julius Baer

Credit Suisse hits 5-year low as Q3 eyed

ZURICH (Reuters) - Credit Suisse (CSGN.VX: Quote, Profile, Research, Stock Buzz) shares plunged to five-year lows on Friday, falling faster than Swiss peers and the European banking sector as investors fretted over the impact...

Swiss index closes down

Switzerland's blue-chip index SMI dropped 4.5 percent Thursday to close below 6,000 for the first time since April 2005. Declines in shares of Swiss pharmaceutical companies helped pull down the Swiss Market Index to 5,798.84...

Julius Baer GAM Unit Shuts Equities Fund After Assets Shrink

AG (BAER.VX) will close an equities fund offered by its hedge fund unit GAM after its assets shrunk considerably, the Zurich-based bank said Thursday. The bank's GAM Star International Equity Fund will be closed after shrinking...

GAM to close small UK fund after redemptions

LONDON (Reuters) - GAM, a hedge fund firm owned by Julius Baer AG, said it will close the GAM Star International Equity Fund after receiving redemption notices for more than 50 percent of the net asset value.

Value of Dragon

Unfortunately the share price does not reflect the underlying value of Dragon, but the need of Julius Baer for cash. This has to be a distressed sale by the bank. I think that followers of this BB should dump the conspiracy...

RPT-BRIEF-Komercni says Julius Baer funds acquire stakes

Czech lender Komercni Banka : * Julius Baer International Equity Fund II notified it acquired 3.01 percent stake in voting rights as of Sept. 15. * Julius Baer International Equity Fund informs the issuer that as of...

Richemont may not get big bump from sale of its tobacco holdings

Richemont will become the second-biggest pure luxury goods specialist in Europe if shareholders back plans Thursday to spin off its stake in British American Tobacco. But shedding BAT may not raise the company's stock valuation...

Government promises action in financial crisis

Cabinet minister Eveline Widmer-Schlumpf said capital and liquidity were key (Keystone) The Swiss government says it will act to help stabilise the country's financial system in the wake of the global financial crisis. Acting...

Financials rack up double-digit declines

Oct 6, 2008

European markets posted their biggest percentage fall in more than 20 years plunging through a key psychological floor as fears about the global financial crisis escalated to new heights. People are just unsure about what to...

Rupee rout is avoidable

In 2008, India’s nominal trade-weighted exchange rate has depreciated by more than 12% whereas that of the Chinese currency has appreciated by nearly 10% (source: Bank for International Settlements). Whether by choice or...

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