Julius Bär Group AG, known alternatively as Julius Baer Group Ltd., is a private banking corporation founded and based in Switzerland. Headquartered in Zürich, it is among the older Swiss banking institutions. In terms of assets under management, Julius Baer is number two among Swiss banks after UBS and the biggest pure-play private bank.[2] The bank's reputation has been marred by various controversies and legal challenges. These include a legal dispute with WikiLeaks in 2008, allegations of aiding U.S. citizens in tax evasion in 2011, and a censure by the Swiss Financial Market Supervisory Authority (FINMA) in 2020 for deficiencies in combating money laundering. The bank has also been implicated in money laundering scandals involving corrupt Venezuelan officials and has faced investigations for its role in the FIFA corruption case. These controversies have cast a shadow on its legacy and raised questions about its compliance and ethical practices.
Established as a traditional private bank and named after Swiss banker Julius Bär, it provides investment management, real estate financing, wealth management, and select offerings in sales and trading based on an open and managed architecture. The majority of income is generated by commissions and service fees.[3] Located in 28 countries, it is known for its banking secrecy and client confidentiality. Julius Baer employs a staff of over 6,600 worldwide.[4] However, Julius Baer has controversies and legal challenges, including a legal dispute with WikiLeaks in 2008, allegations of aiding U.S. citizens in tax evasion in 2011, and censure by the Swiss Financial Market Supervisory Authority (FINMA) in 2020 for deficiencies in combating money laundering.
The group manages assets for private clients from all over the world. The firm's services consist mainly of wealth management and investment consultancy. The bank provides products via its open architecture platform as well as securities and foreign exchange trading. The shares of the Julius Baer Group are listed on the SIX Swiss Exchange and form part of the SMI MID, the mid-cap stock index comprising the 30 largest and most liquid listed Swiss companies not in the SMI.
^"Julius Baer Group 2023 Key Figures". Julius Baer. 2023-02-01. Retrieved 2022-03-27.
^Jamie Crawley (2019-06-19). "The largest private banks in Switzerland". Julius Baer. Retrieved 2021-08-23.
^"Business Review 2019". Julius Baer. Retrieved 2020-12-21.
^"Key figures". Julius Baer. Retrieved 2021-04-29.
Julius Bär Group AG, known alternatively as JuliusBaerGroup Ltd., is a private banking corporation founded and based in Switzerland. Headquartered in...
businessman and philanthropist. Baer was the founder and namesake of JuliusBaerGroup, and the patriarch of the Baer family. Baer was born in Heidelsheim (today...
Swiss-Italian banker who used to serve as a partner at Pictet Group. Having joined the JuliusBaer Private Bank as COO in 2006, he was the CEO from May 2009...
JuliusBaerGroup, a big Swiss private banking group, has faced numerous controversies over its business practices, raising concerns about the bank's ethical...
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was a Swiss banker who had been the chief executive officer of the JuliusBaerGroup, one of the world's largest providers of private banking services...
first leg (out of four) of the JuliusBaer Challengers Chess Tour, a rapid online event organized by JuliusBaerGroup and Chess24.com for young talents...
[citation needed] JuliusBaerGroup Vontobel Pictet Group Lombard Odier J. Safra Sarasin Union Bancaire Privée EFG International Mirabaud Group Banque Heritage...
Julius Bar can refer to: Julius (New York City), a historic gay bar in New York City JuliusBaerGroup, a Swiss bank founded by Julius Bär This disambiguation...
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April 2019 she was appointed as a member of the board of directors at JuliusBaerGroup. Zoutendijk was born in Curaçao on 1 March 1961 to Dutch parents Prof...
and Credit Suisse, and the largest insurance company was Zurich Insurance Group. Ranked by revenue 2017. Ranked by total assets in 2015. Ranked by gross...
is thus a complement to the newly emerging big bank". The stock of JuliusBaerGroup, which became the country's second-largest bank by assets after Credit...
signed a deal to acquire Italian investment manager, Kairos from JuliusBaerGroup for €20-25 million. "2022 Annual Report" (PDF). Anima Holding. "DOCUMENTO...
lost any protections it might have had. In early February 2008, the JuliusBaerGroup sued WikiLeaks in California to have documents removed from their...
joined GROW Investment Group, a Shanghai-based hedge fund that is backed by Navigator Global Investments and JuliusBaerGroup. At the end of 2011, Hong...
Parley Edward Baer (August 5, 1914 – November 22, 2002) was an American actor in radio and later in television and film. Despite dozens of appearances...
Université Paris Dauphine Florence Rollet, Former head of Marketing at JuliusBaerGroup and European VP for Tiffany and Co. Marion Maréchal, MBA, French Politician...
becoming managing director at Ferrier Lullin which was acquired by the JuliusBaerGroup in 2005 and then worked at HSBC. Goutchkov primarily serviced wealthy...
two wildcards. The tour regulations did not specify what happens if these groups of players overlap. Three different time controls were used in the tour:...
the population. The Inaugural Wealth Report (2014) published by the JuliusBaerGroup stated that Luxembourg has the highest proportion of ‘millionaire...