Tag Archives: baer
Julius Baer Buys Merrill Unit, Sets Rights Issue
Julius Baer Holding AG (BAER.VX) on Monday said it will acquire Merrill Lynch’s wealth-management business based outside the U.S. and Japan from Bank of America Corp. (BAC) and raise fresh equity to finance the deal, as the Swiss private-banking specialist seeks to widen its global footprint and reduce its reliance on Switzerland. Continue reading
Swiss lawmakers vote to accept U.S. tax plan
ZURICH (Reuters) – Swiss lawmakers have passed a tax proposal seen as key to settling a U.S. probe into Swiss banks with hidden offshore accounts Continue reading
UBS Gives Information On Swiss Rivals In US Tax Dispute -Report
American investigators broadened their inquiries into alleged tax evasion to Swiss private banks such as Wegelin & Co. and Julius Baer Holding AG (BAER.VX) using information from voluntary disclosure programs and dossiers obtained from UBS AG (UBS), Handelszeitung reports in an article to be published Thursday. Continue reading
Julius Baer Reports FY11 Adj Net Profit Of CHF 401 Mln, Down 21%
WASHINGTON (dpa-AFX) – Swiss private banking group Julius Baer (JBAXY.PK) Monday released financial results for full year 2011, stating that adjusted net profit for the year declined 21… Continue reading
