Julius Baer CEO Hints at M&A Potential

The CEO of Julius Baer discusses the company's strong financial performance, highlighting a 50% profit increase and successful client engagement. The conversation covers risk management, employee compensation, and strategic transformation. The CEO emphasizes a long-term approach to market volatility and outlines future opportunities, including potential M&A activities, while focusing on organic growth.

What was one of the key highlights of Julius Baer's financial performance?

• Decline in FX equities

• Decrease in client activity

• Profits up by 50%

• Reduction in share buyback

How does the CEO view the risk associated with the company's outlook?

• As a temporary issue

• As a negligible factor

• As an opportunity

• As a major threat

What is the company's approach to employee compensation during the COVID-19 year?

• Eliminating bonuses entirely

• Increasing salaries across the board

• Reducing bonuses significantly

• Paying for sustainable value creation

What is the company's stance on market volatility and risk management?

• Short-term adjustments

• Immediate risk aversion

• Complete market withdrawal

• Long-term perspective

What is the main focus of Julius Baer's transformation journey?

• Acquiring new companies

• Cutting operational costs

• Organic transformation

• Reducing client base

How has Julius Baer managed downturns and market hiccups?

• By increasing risk tolerance

• Through a long-term risk management approach

• By reducing client interactions

• By focusing solely on equities

What is Julius Baer's strategy regarding potential future deals?

• Immediate acquisition spree

• Focus on strategic fit and quality

• Avoiding any new deals

• Prioritizing cost-cutting measures