Former Merrill Lynch asset integration sees
Julius Baer has reported record assets under management for the first half of this year, boosted by the near complete integration of Merrill Lynchs International Wealth Management business.
Julius Baer has reported record assets under management for the first half of this year, boosted by the near complete integration of Merrill Lynchs International Wealth Management business.
Julius Baer’s integration of the Merrill Lynch International Wealth Management business in Hong Kong and Singapore had a 'very high asset transfer' of over 80%, according to its four month interim statement today.
Julius Baer completed the transfer of Merrill Lynchs international wealth management business in Ireland yesterday, the latest step in its integration of the firms business outside of the US.
Julius Baer has acquired a majority stake in Brazilian wealth manager GPS by increasing its ownership from 30% to 80%.
A fund taking a fresh approach to investing in China has been launched by Swiss & Global Asset Management.
Julius Baer has completed the transfer of Merrill Lynchs International Wealth Management businesses based in Lebanon, Bahrain and the UAE, which giving the bank new footholds in Beirut and Manama as well as strengthening its presence in Dubai.
Julius Baer has made another addition to its London team with the appointment of Alan Hooks as UK head of wealth and tax planning.
Julius Baer has opened an office in Mannheim, Germany, its eighth in the country.
Julius Baer has said that it would ‘vigorously contest’ a S$100m (74m/£62m) claim which has been brought against it for alleged damages/losses incurred by the bank arising from share accumulator transactions in 2007 and 2008.
Julius Baer has added to its London team with the return of a senior relationship manager from a posting in Monaco.
Julius Baer has begun the integration of the Hong Kong and Singapore based portion of Merrill Lynch’s International Wealth Management business.
Julius Baer has warned that the EU’s planned agreements on the sharing of tax information between countries on the continent will hit its new money inflows in 2013.