Wealth and Asset Management
Julius Baer Agrees to Raise Stake in Kairos to 80%
Julius Baer Group Ltd., Switzerland’s third-largest wealth manager, agreed to increase its stake in Milan-based Kairos Investment Management SpA to 80 percent to boost its assets under management in Italy. The private-banking group is raising its stake from 19.9 percent, the companies said in a statement Monday without disclosing the…
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