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LGT Hires Ex-Julius Baer Banker for Middle East Wealth Business

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LGT Group, the bank owned by the Princely House of Liechtenstein, hired Peter Schaer to run its Middle East private-banking business in Dubai. Schaer, who headed the Dubai office of Julius Baer Group Ltd. before leaving the third-largest Swiss wealth manager earlier this year, will start on Jan. 1 as…

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