Wealth Management

Julius Baer CEO says no new job cuts planned, despite savings drive

But Ex-Goldman Sachs banker Stefan Bollinger did not rule out future job losses as he shaves an extra CHF130m in costs

Julius Baer’s new chief executive is trying to revitalise the Swiss wealth manager Peter Frommenwiler/Bloomberg via Getty Images
Julius Baer’s new chief executive is trying to revitalise the Swiss wealth manager Peter Frommenwiler/Bloomberg via Getty Images

Julius Baer chief executive Stefan Bollinger has no immediate plans to push through more job cuts, as he ramps up his cost savings push at the wealth manager.

But the ex-Goldman Sachs banker did not rule out future job losses.

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