Tag archive for ‘Julius Baer Group’
Ilan Shavit On Friday, February 5th, 2016

Julius Baer admits to U.S. tax fraud, to pay $547 million

Switzerland’s third-largest wealth manager, Julius Baer Group Ltd.,  agreed to pay $547 million to avoid U.S. prosecution and admitted it helped American clients hide billions of dollars in assets from More...

News Brief On Sunday, December 20th, 2015

Julius Baer Seeks Deal With U.S. Next Week, Sonntagszeitung Says

Julius Baer Group Ltd., Switzerland’s third-largest wealth manager, may have to pay more than it anticipated to settle a case with the U.S. Justice Department over American offshore accounts, the Swiss More...

Vered Weiss On Sunday, January 25th, 2015

Julius Baer May Cut Staff as Swiss Franc Surges

  Julius Baer may not exactly be unscathed by the crisis in the Swiss Franc, according to the Financial Times. In the days following the Swiss National Bank’s move to remove the cap from the Swiss More...

Vered Weiss On Thursday, January 22nd, 2015

Julius Baer, Unscathed by Swiss Uncapping of the Franc, Warning of Pain Ahead for Banks

The Swiss National Bank made the shocking move of eliminating its currency cap on the Swiss franc, and many banks lost money. Citigroup, Deutsche Bank and Barclay’s suffered joint losses of $400 million More...

Vered Weiss On Tuesday, January 20th, 2015

Unlike Other Banks, Julius Baer Not Hurting After Switzerland Cancels Franc Cap

  While other banks are bleeding millions, Julius Baer Group said it sustained no losses in the days following the Swiss Central Bank’s sudden decision to cancel its franc cap, according to Bloomberg. More...

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