Julius Baer Sees Higher H1 2026 Profit as Inflows Slow to 3 Billion Francs

1 articles · Updated · Bloomberg · May 22

Julius Baer said first-half 2026 profit should be “substantially higher” than a year earlier, signaling further progress in its restructuring.
The Swiss wealth manager tied the stronger outlook to exceptionally high client activity in the first four months of 2026, helped by market volatility linked to the Middle East conflict.
Client inflows still slowed to 3 billion Swiss francs from 4.2 billion francs a year earlier, showing weaker net new money even as trading and engagement picked up.
The update suggests restructuring gains are lifting earnings faster than asset gathering, a key test for Julius Baer’s turnaround.

Julius Baer profits from war-driven volatility, but new client money is drying up. Is its recovery a dangerous illusion?

With oil shocks fueling global inflation, can central banks prevent a recession while holding interest rates high?