February 3, 2020 / 9:57 AM / 5 months ago

BRIEF-Julius Baer CFO: restructuring costs around 60 mln Sfr between 2020 and 2021

Feb 3 (Reuters) - Julius Baer Gruppe AG:

* EXECUTIVES SAY NO TARGET FOR RELATIONSHIP MANAGER HIRING IN 2020 AND 2021, WILL LIKELY BE LOWER THAN THE 80 TARGETED IN PREVIOUS YEARS

* CEO SAYS I BELIEVE THE WRAP-UP OF FINMA INVESTIGATION INTO THE BANK IS PENDING SHORTLY, CANNOT COMMENT FURTHER ON ITS OUTCOME

* CFO: SAVINGS PROGRAMME WILL INCUR RESTRUCTURING COSTS OF AROUND 60 MILLION SFR BETWEEN 2020 AND 2021 Further company coverage: (Reporting by Brenna Hughes Neghaiwi)

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