Moody's has confirmed the ratings for Julius Baer, raising the outlook for both the parent company and Bank Julius Baer from negative to stable. The long-term issuer rating remains at "Baa1" and "A3," respectively, following the bank's restructuring efforts and reduced private debt business, despite ongoing concerns about corporate behavior. Despite the positive news, Julius Baer's share price fell by 1.0% to CHF 57.22 in a weak market, although it has gained approximately 22% since the start of the year.
