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JBARF Julius Baer Gruppe AG (PK)

55.85
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Julius Baer Gruppe AG (PK) USOTC:JBARF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 55.85 54.05 58.98 0.00 21:05:08

Julius Baer Stopped Accepting UBS's US Clients In 2008 - CEO

06/02/2012 9:54am

Dow Jones News


Julius Baer Gruppe (PK) (USOTC:JBARF)
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Julius Baer Group (BAER.VX) stopped accepting American clients of UBS AG (UBS) with offshore accounts in the fall of 2008, Chief Executive Boris Collardi said Monday.

U.S. authorities are targeting 11 Swiss banks, including Julius Baer, which allegedly helped wealthy Americans evade taxes.

"For every bank the situation is different," Collardi said.

By Anita Greil, Dow Jones Newswires; +41 43 443 8044; anita.greil@dowjones.com

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