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Julius Baer Group Ltd.'s issuer rating affirmed at Baa1; outlook changed to negative

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Moody's Investors Service (Moody's) has today downgraded the long-term deposit ratings of Bank Julius Baer & Co. Ltd. (BJB; the bank) to A1 from Aa3. Concurrently, the rating agency downgraded BJB's senior unsecured debt and long-term issuer ratings to A3 from A2. The outlook on these ratings has been changed…

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