Julius Baer Intends to Increase Hiring in Singapore & Hong Kong
Julius Baer intends to increase hiring in Singapore & Hong Kong as it foresees that Asia will overtake Europe as its largest revenue generating region. . Asia generated about 532 million Swiss francs of Julius Baer’s operating income in 2015.
The percentage of revenue generated in Asia has been growing quickly and it has increased to roughly 20% from about 10% in 2011. Therefore, more than half of the 200 new bankers that Julius Baer wants to hire will be based in Asia.
News Source: Bloomberg
About Julius Baer
Julius Baer Group (SIX:BAER) is the leading Swiss private banking group, which origins date back to 1890. Recognising the importance of Zurich as a centre of international trade, Julius Baer, founder and namesake of the Group, opened shop on Zurich’s famous Bahnhofstrasse in the 1890s. What initially started small, rapidly expanded into wealth management and securities and FX trading – business activities that still remain at the core of the Julius Baer Group today.
- Origin : Zurich, Switzerland
- Assets : CHF 84.12 billion
- Revenue : CHF 2.69 billion
- Employees : 5,364
Official Website: www.juliusbaer.com
News & Media: Press Release
Updated on 8th August 2016