Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Switzerland
  4. Swiss Exchange
  5. Julius Bär Gruppe AG
  6. News
  7. Summary
    BAER   CH0102484968

JULIUS BÄR GRUPPE AG

(BAER)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Julius Bär Gruppe : Baer partners with the world's biggest online chess tour

12/17/2020 | 08:43am EST

Zurich, 17 December 2020- Bank Julius Baer has today announced it will support the world's biggest online chess event, the Champions Chess Tour 2021.

Julius Baer became a partner of the new tour's forerunner, the Magnus Carlsen Chess Tour, earlier this year. That partnership has now been extended. The Champions Chess Tour, organised by the Play Magnus Group, is a season-long series of tournaments that culminates in the autumn of 2021. It features the world's best chess players, including 30-year-old Norwegian World Champion Magnus Carlsen, co-founder of the Play Magnus Group. Its predecessor, the Magnus Carlsen Chess Tour, was launched in April 2020 at the beginning of the health crisis. Over the summer, the tour was ranked the number 4 ESports event.

As part of the partnership, Julius Baer will place special focus on fostering the educational benefits of chess, supporting in particular children who play chess.

Yves Robert-Charrue, Head Switzerland, Europe, Middle East & Africa at Julius Baer, said: 'We believe in chess's potential to nurture skills such as critical thinking and problem-solving. It is a game with an undeniable heritage, and similar to Julius Baer, this online version of the game is taking a new approach, adapting to trends that will shape our future.'

Magnus Carlsen, founder of the Play Magnus Group, added: 'We are delighted to welcome Julius Baer onto the Champions Chess Tour. Education and helping chess players improve is at the core of what the tour is about and we know Julius Baer has a particular interest in this area. The partnership is a perfect fit.'

Disclaimer

Julius Bär Gruppe AG published this content on 14 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 December 2020 13:42:01 UTC


© Publicnow 2020
All news about JULIUS BÄR GRUPPE AG
11/24EUROPEAN MIDDAY BRIEFING : Lockdown Worries Continue to Drag on Stocks
DJ
11/22Swiss wealth manager Julius Baer says client activity still slowing
RE
11/22Julius Bär's Assets Under Management Climb 12% In First 10 Months
MT
11/22Julius Baer posts significant rise in profitability
RE
11/22JULIUS BÄR GRUPPE : Interim Management Statement for the first ten months of 2021*
PU
11/22Interim Management Statement for the first ten months of 2021*
EQ
11/18Swiss watchdog faults two more banks in Venezuela money-laundering probe
RE
11/11Oil bounces around, settles up despite strong dollar, near $83/barrel
RE
11/10European Natural Gas Prices Slide on Increased Russian Supplies
DJ
11/01Julius Bär Eyes Potential Acquisitions In Core Markets
MT
More news
Analyst Recommendations on JULIUS BÄR GRUPPE AG
More recommendations
Financials
Sales 2021 3 844 M 4 164 M 4 164 M
Net income 2021 1 089 M 1 180 M 1 180 M
Net Debt 2021 5 923 M 6 417 M 6 417 M
P/E ratio 2021 11,1x
Yield 2021 3,64%
Capitalization 11 824 M 12 811 M 12 809 M
EV / Sales 2021 4,62x
EV / Sales 2022 4,50x
Nbr of Employees 6 667
Free-Float 97,0%
Chart JULIUS BÄR GRUPPE AG
Duration : Period :
Julius Bär Gruppe AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends JULIUS BÄR GRUPPE AG
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 57,28 CHF
Average target price 69,42 CHF
Spread / Average Target 21,2%
EPS Revisions
Managers and Directors
Philipp Rickenbacher Chief Executive Officer
Dieter A. Enkelmann Chief Financial Officer
Romeo Lacher Non-Executive Chairman
Nic Dreckmann Chief Operating Officer & Head-Intermediaries
Yves Bonzon Chief Investment Officer
Sector and Competitors