Bank Julius Baer Reports Slight Rise in First Half FX Earnings
NEWS
ZURICH--Bank Julius Baer has achieved a four per cent rise in first-half FX trading results year-on-year, despite a slight decrease in trading volumes.
The bank’s interim report showed FX and precious metals trading revenues of Sfr53.6 million ($31 million), up on 1999’s first-half results of Sfr51.7 million ($30 million).
"Given the market conditions, particularly April through June, we are pleased with the four per cent increase … it shows that our strategy, with an emphasis on client
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