Julius Baer CEO Denies Credit Suisse Merger Rumors, SamS Says
2015-04-12 08:34:11.387 GMT
By Corinne Gretler
(Bloomberg) -- Julius Baer and Credit Suisse have not held
talks on merger, Baer CEO Boris Collardi tells Schweiz am
Sonntag.
* “It’s obvious that Julius Baer would be a strong asset for
a bank that wants to invest in asset management,” Baer
tells Schweiz am Sonntag. “I do not necessarily see what
the added value would be for our clients and our
employees.”
* Julius Baer is large enough to grow profitably on its own in
the future: Collardi
* NOTE April 8: Julius Baer Jumps on Credit Suisse Takeover
Speculation
* NOTE March 30: Julius Baer Tops European Bank Valuations,
Monte Paschi No. 2
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To contact the reporter on this story:
Corinne Gretler in Zurich at +41-44-224-4100 or
cgretler1@bloomberg.net
To contact the editor responsible for this story:
Matthew Boyle at +44-20-3525-8675 or
mboyle20@bloomberg.net
2015-04-12 08:34:11.387 GMT
By Corinne Gretler
(Bloomberg) -- Julius Baer and Credit Suisse have not held
talks on merger, Baer CEO Boris Collardi tells Schweiz am
Sonntag.
* “It’s obvious that Julius Baer would be a strong asset for
a bank that wants to invest in asset management,” Baer
tells Schweiz am Sonntag. “I do not necessarily see what
the added value would be for our clients and our
employees.”
* Julius Baer is large enough to grow profitably on its own in
the future: Collardi
* NOTE April 8: Julius Baer Jumps on Credit Suisse Takeover
Speculation
* NOTE March 30: Julius Baer Tops European Bank Valuations,
Monte Paschi No. 2
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Corinne Gretler in Zurich at +41-44-224-4100 or
cgretler1@bloomberg.net
To contact the editor responsible for this story:
Matthew Boyle at +44-20-3525-8675 or
mboyle20@bloomberg.net