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Julius Baer CEO: Bank not in talks with Credit Suisse

Apr. 13, 2015 4:02 AM ETJulius Bär Gruppe AG (JBAXY) StockCS, JBARF, JBAXYBy: Yoel Minkoff, SA News Editor
  • "There have been no such talks," declared Julius Baer (OTCPK:JBAXY) CEO Boris Collardi when asked whether the bank held discussions with larger rival Credit Suisse (NYSE:CS) about merging.
  • Talk in Swiss banking circles has long linked Credit Suisse to Julius Baer, which has $297.2B in assets and is the fourth-largest private bank in Switzerland.
  • Previously: Julius Baer hits all-time high on Credit Suisse buyout rumor (Apr. 08 2015)

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