Wealth and Asset Management
Julius Baer confirms purchase of Merrill Lynch private bank outside US
Julius Baer has agreed, subject to the regulatory and shareholder approvals, to acquire Merrill Lynch’s International Wealth Management business (based outside the US and Japan from Bank of America with USD 84 (CHF 81) billion of assets under management (AuM) as of 30 June 2012 and over 2,000 employees, including…
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