Julius Baer books $153 million charge in East German assets case
The Zurich Court of Appeal has departed from its previous decision and affirmed the claim by the Bundesanstalt für vereinigungsbedingte Sonderaufgaben (BvS) against Bank Julius Baer & Co. Ltd. as successor of Bank Cantrade Ltd. in an amount of approx. CHF 97 million plus accrued interests since 2009 following an…
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