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BERLIN, Shawwal 08, 1433, August 26, 2012, SPA -- Swiss private bank Julius Baer said a Zurich-based employee has been arrested on suspicion of stealing confidential client information that was later passed to German tax investigators, AP reported.
There will be no immediate changes to the management of Merrill Lynch in Bahrain, after the global wealth management firm gets acquired by top Swiss bank Julius Baer, said a senior official.
Bank of China (Suisse) SA will also be added into Bank Julius Baer.
Outstanding Wealth Manager - Customer Relationship Skills 2011 Finalists: Bank Julius Baer, SGPB Hambros, Standard Chartered Private Bank 2010 winner: Bank Julius Baer XI.
Swiss private bank Julius Baer said Thursday it has agreed to pay 50 million euros ($72.
Summary: Risk aversion means regional investors are favouring gold and emerging debt in India and China, says Peter Schaer, managing director for Swiss bank Julius Baer in the Middle East.
Christian Gattiker at Bank Julius Baer said the volatility in the markets over the last few days was a "Black Swan" event fell over 5%, while South Korea's leading index lost 2%.
Abu Dhabi enjoys strong economic growth and favourable market development, holding considerable wealth creation opportunities," Bank Julius Baer chief executive Alex Widmer said.