Julius Baer

Companies | 5 Feb 16

Swiss private bank Julius Baer said it has reached a deal with the US Department of Justice to pay $547m to settle tax evasion allegations, and at the same time two former Julius Baer bankers pleaded guilty to helping American clients dodge taxes.

People Moves | 28 Jan 16

Swiss private bank Julius Baer named its new chief executive for the UK and Ireland, while Legal & General promoted from within to fill its Cofunds chairman role. Emirates NBD appointed a new wealth management chief investment officer, Vestra Wealth added to its private office, and SBG appointed a new head of lender relationships.

Companies | 12 Jan 16

Swiss private banking group Julius Baer will launch a new investment management (IM) division, to be headed by Yves Henri Bonzon, formerly of Pictet Wealth Management.

People Moves | 12 Jan 16

Board and senior appointments were the name of the game this week with Momentum Pensions and Brown Advisory adding to their boards, while Old Mutual International and Sun Life were among those announcing changes at senior levels.

Equities | 6 Jan 16

Investors may shift equities holdings back into fixed income in 2016 as bond yields increase, Julius Baer has said.