Julius Baer reveals €1.2bn share buyback

Swiss wealth manager Julius Baer has outlined plans for a Sfr2bn (€1.2bn) share buyback programme, as first-half net profits rose by more than a quarter on the back of a 12% increase in assets under management.

The share buyback programme will extend from 2008 through to 2010, and will account for around 11% of the group's current market capitalisation.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump