Morning NewsJulius Baer To Review Private Debt Business
Julius Baer said, together with the Board of Directors, it will review the company's private debt business and the framework in which it is conducted. Julius Baer also stated that is very well capitalised and has been consistently profitable under all circumstances. Also, the company reconfirmed its capital distribution policy, under which it targets a dividend payout ratio of approximately 50% of adjusted net profit attributable to shareholders, with the dividend per share at least equal to the previous year's dividend per share.