Wealth and Asset Management
Julius Baer bulks up in Asia with Merrill deal
Swiss private bank Julius Baer s to buy Bank of America Merrill Lynch's overseas wealth-management business for up to 860 million Swiss francs ($882 million), getting a huge boost in Asian growth markets. Julius Baer's acquisition of the loss-making unit means that about half of all the Swiss bank's clients…
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Click here to read the full story: Reuters