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Julius Baer presents additional information on the acquisition of the International Wealth Management business of Bank of America Merrill Lynch outside the United States and Japan
Oct 9th 2012, 06:12

Following the announcement on 13 August 2012, Julius Baer management will today present additional information to analysts and investors regarding the acquisition of the International Wealth Management business (IWM) of Bank of America Merrill Lynch outside the United States and Japan. The presentation will include further details on IWM's financials, a discussion on the transaction mechanics, the expected timing, and the economics related to the transfer of IWM's financial advisers (FAs) and assets under management (AuM) onto the Julius Baer platforms, as well as targeted profitability improvement measures. Today, Julius Baer also publishes a trading update covering the first eight months...

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