Julius Baer Buys ING's Swiss Subsidiary For $505M - CBS News

Julius Baer Buys ING's Swiss Subsidiary For $505M - CBS News: inicios de sesión relacionados

Analysts at Bank Vontobel welcomed the deal, noting that the purchase price for the ING unit was "attractive." Shares in Julius Baer rose 2.4 percent to 40.14 francs ($39.07) on the Zurich exchange.

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HSBC PLC said offering private banking services for rich customers remains "a core business" of the group, which has about 100,000 private banking clients. Shares in HSBC were flat at 7.03 pounds ...

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Charles Schwab buys CyberCorp, cuts commissions. The leading online broker is acquiring CyberCorp, an electronic trading technology and brokerage firm, for about $488 million in stock.

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After a federal judge in San Francisco rebuffed its claims, Bank Julius Baer is abandoning (at least for now) the lawsuit that sought to muzzle Wikileaks.org.

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