We Are Investing in the U.K., Says Julius Baer’s International CEO

The transcript discusses Julius Baer's approach to cost management, investment in the UK, and the challenges of retaining talent. It highlights the firm's strategy to remain independent and focus on wealth management. The discussion also covers market volatility, particularly in the US, and the firm's optimistic outlook on growth opportunities despite potential recession concerns.

What is Julius Baer's approach to cost-cutting in the UK?

• Reducing staff

• Investing in new locations

• Focusing on digital banking

• Closing branches in London

How is Julius Baer addressing less profitable markets?

• Hiring more staff

• Increasing investment

• Maintaining current operations

• Closing offices

What is Julius Baer's strategy for retaining talent?

• Implementing strict work policies

• Providing more vacation days

• Offering higher salaries

• Encouraging creativity and development

What is Julius Baer's stance on remaining independent?

• Staying a pure wealth manager

• Becoming a universal bank

• Expanding into retail banking

• Seeking mergers

How does Julius Baer plan to grow globally?

• Through acquisitions and partnerships

• By focusing on digital services

• By opening more branches

• By reducing costs

What is Julius Baer's view on the US market?

• Planning to exit the market

• Anticipating growth

• Focusing on cost-cutting

• Expecting a recession

Which sectors does Julius Baer see growth opportunities in?

• Real estate and retail

• Healthcare and global resources

• Technology and finance

• Energy and transportation