Julius Baer buys Merrill Lynch wealth management business

GenevaLunch.com ZURICH, SWITZERLAND – Julius Baer Group is buying Merrill Lynchs International Wealth Management business IWM based outside the United States. IWM has CHF81 billion of assets under management AuM. The agreement is subject to regulatory and shareholder approvement and will take two years to fully implement. IWM has more than 2,000 employees, including more than […]