Julius Baer CEO Collardi doesn’t rule out further acquisitions
Julius Baer (VTX: BAER), the listed Swiss bank, doesn’t rule out further acquisitions, said Boris Collardi, CEO, The Wall Street Journal reported Saturday. The bank will be eyeing “bigger transactions,” Collardi told the New York-based business daily.
The executive didn’t identify potential purchases in confirming in the interview that the bank would be seeking larger acquisitions in the future. Julius Baer bought the private banking assets of Israel’s Bank Leumi in 2014, the WSJ reported.