Julius Baer CEO: Looking Into Possible Buyback at Year End

The video discusses client momentum and market trends, highlighting improvements in the macroeconomic environment, particularly in Europe and China. It examines leverage trends in Asia and the impact of deleveraging. The discussion shifts to capital distribution and buyback strategies, emphasizing a consistent approach to handling capital. The importance of setting ambitious targets and achieving them through strategic execution is highlighted. The video concludes with a focus on business growth in the Middle East, noting significant expansion in Dubai, Qatar, and Bahrain.

What factors contributed to the change in client momentum at the beginning of the year?

• Increased interest rates

• Europe's recovery and China's reopening

• Rise in oil prices

• Decline in technology stocks

What is the cornerstone of the company's capital distribution strategy?

• Progressive dividend policy

• Aggressive stock buybacks

• High-risk investments

• Reducing operational costs

How does the company plan to handle competitive pressure in capital distribution?

• By acquiring smaller firms

• By cutting dividends

• By maintaining a consistent capital handling approach

• By increasing debt

What is a key element in the company's growth strategy for the next few years?

• Expanding into new industries

• Cutting technology spending

• Focusing on recurring revenues

• Reducing workforce

Which region is playing a key role in the company's growth strategy?

• Europe

• Middle East

• South America

• North America