Profit of Bank Julius Baer Europe S.A. 2015-2018

In 2018, Bank Julius Baer Europe S.A. reported an overall net loss of roughly 17 million euros. This is an increase from the value reported in the previous year. The Luxembourg subsidiary of the Swiss private bank became the center of European operations in 2017, after Julius Baer acquired the Commerzbank branch located in the Grand Duchy. Several banks from Switzerland, or other countries like China and the United States, established themselves in Luxembourg to gain access to the EU internal market.

Total profit of Julius Baer in Europe from 2015 to 2018

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Release date

September 2019



Survey time period

2015 to 2018

Supplementary notes

* 2015 is from Commerzbank International S.A. Julius Baer acquired the Luxembourg branch of Commerzbank in 2016 and formed this into Julius Baer Europe S.A., which became the center of European operations in 2017.

The figures have been taken from several publications

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Statistics on "Banking in Luxembourg"

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