Bank Julius Baer settles accounts with Germany

14th April 2011, Comments 0 comments

Zurich, Switzerland GenevaLunch - Bank Julius Baer has agreed to pay the German government CHF50 million in a one-time payment, to close an investigation the bank describes as potentially lengthy and cumbersome for both sides. The payment “will end the investigations against Julius Baer and unknown employees regarding undeclared assets of persons who are subject ...

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