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    Willis Palermo

    Research Analyst at Goldman Sachs

    Willis Palermo is a Research Analyst at Goldman Sachs, currently covering companies such as Julius Baer Group with a focus on financial sector equities. His recent performance record publicly shows limited but focused engagement, including participation in key earnings calls. Palermo began his analyst career at Goldman Sachs, with no widely reported prior experience at other major firms. His current professional credentials and securities licenses are not publicly documented, and there are no notable rankings or awards available in major analyst performance databases.

    Willis Palermo's questions to Julius Baer Group (JBAXY) leadership

    Willis Palermo's questions to Julius Baer Group (JBAXY) leadership • Q4 2015

    Question

    Willis Palermo from Goldman Sachs questioned if capital return priorities have changed, asked for an update on the 'Your Wealth' program's implementation and client conversion, and sought details on the Kairos acquisition's financial impact.

    Answer

    CFO Dieter Enkelmann stated that capital priorities have not changed and the board will still consider special dividends or buybacks for excess capital, but noted upcoming acquisitions (Kairos, Commerzbank Lux) will impact capital by about 2 percentage points. CEO Boris Collardi added that 'Your Wealth' is gaining momentum with up-selling observed, and a detailed update will be provided in July. He also confirmed the full AuM of Kairos will be consolidated.

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