JBAXY - Julius Baer: Unique Business Profile Isn't Fully Reflected On Valuation
Julius Baer (OTCPK:JBAXY) has a very strong position in the private banking industry in Europe and Asia that isn’t currently reflected in its valuation. It has very good business fundamentals due to its unique profile among medium/large European banks, which also makes it a potential takeover target over the medium to long term.
Company Overview
Julius Baer is the leading Swiss pure-play private banking group with a presence in more than 25 countries. In 2009, the company split itself up, separating the group’s asset management into GAM Holding (OTCPK:GMHLY) from the