GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Julius Baer Gruppe AG (OTCPK:JBAXY) » Definitions » Altman Z2-Score

Julius Baer Gruppe AG (Julius Baer Gruppe AG) Altman Z2-Score


View and export this data going back to 2009. Start your Free Trial

What is Julius Baer Gruppe AG Altman Z2-Score?

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Altman Z2-Score does not apply to banks and insurance companies.


Julius Baer Gruppe AG (Julius Baer Gruppe AG) Business Description

Address
Bahnhofstrasse 36, Zurich, CHE, 8010
Julius Baer was founded in 1890 and expanded significantly in 2005 when it acquired three Swiss private banks and Global Asset Management from its far larger Swiss rival, UBS. In 2009, Baer spun off GAM as a separately listed firm. The acquisition of Merrill Lynch's wealth management operations outside of the U.S. in 2012 increased Baer's assets under management by 40% and increased its footprint outside of Europe. Julius Baer is currently the largest pure-play private bank in Switzerland and the third-largest Swiss private bank. Baer provides private banking services principally to individuals in Switzerland and Europe and increasingly in Asia and other emerging markets.