0751 GMT - Julius Baer's 2025 profit decline wassmaller than expected, with no new material negatives, Jefferies says in a research note. This should allow the Swiss private bank to move on from its private-credit fiasco, analysts write. The group, which had to write down millions of Swiss francs from bad property loans from its exposure to Austria's Signa and recently concluded a credit review that led to more provisions, is waiting for the resolution of enforcement proceedings before restarting buybacks. The appointment of a new nonexecutive director to its board who is a former CEO of financial markets watchdog Finma shouldn't harm its regulatory relations, they add. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
February 02, 2026 02:51 ET (07:51 GMT)
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