Search Results for: Julius Baer
Cross-border business with US clients: FINMA announces conclusion of proceedings against Bank Julius Baer
February 10th, 2016
Cross-border business with US clients: FINMA announces conclusion of proceedings against Bank Julius Baer Between 2010 and 2011, the Swiss Financial Market Supervisory Authority FINMA conducted enforcement proceedings against Bank Julius Baer & Co. Ltd. in relation to the ...
Credit Suisse, Julius Baer eye bids for BTG Pactual’s Swiss unit
December 10th, 2015
Credit Suisse (CSGN.VX) and Julius Baer (BAER.VX) are among a handful of banks vying to buy the Swiss private-banking arm of embattled Brazilian investment bank Grupo BTG Pactual SA (BBTG11.SA) in a cut-price deal, sources with direct knowledge of ...
Julius Baer expects to settle U.S. tax case in months
July 21st, 2014
Julius Baer (BAER.VX) expects to strike a deal with U.S. authorities in a matter of months to settle a criminal investigation into the Swiss bank’s role in helping wealthy Americans evade their taxes, its chief executive said on Monday. ...
Swiss regulator fines banks for fixing forex trading
June 14th, 2019
Five banks have been fined a total of 90 million Swiss francs ($90.5 million) for colluding to rig the multi-trillion dollar foreign exchange market, Switzerland’s competition authority said on Thursday. The Swiss fines come on top of 1.07 billion ...
Review: European stocks were slightly lower Monday; Europe’s autos stocks led the losses
February 5th, 2019
European stocks were slightly lower Monday, as market participants monitored another flurry of corporate earnings results. The pan-European Stoxx 600 edged 0.2 percent lower during afternoon trade, with most sectors and major bourses in negative territory. Europe’s autos stocks, ...
Oil prices jumped by more than 5 percent on Monday
December 3rd, 2018
Oil prices jumped by more than 5 percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute, and ahead of a meeting this week of the producer club OPEC that is ...
Oil dips but still set for strongest January in five years
January 29th, 2018
Oil eased below $70 a barrel on Monday as rising U.S. output undermined efforts led by OPEC and Russia to tighten supplies, but prices were still on track for their strongest start to the year in five years. Brent ...
Asian Shares Jump With Won After U.S. Payrolls Boost; Oil Falls
July 11th, 2016
Topix jumps by most since February after Abe election victory Won jumps with ringgit after hiring picks up in U.S. Asia’s stocks and emerging-market currencies rallied, while commodities gained as heightened prospects for stimulus in Japan and better-than-expected U.S. jobs ...
Most Asian markets up in wake of dovish Yellen remarks, but Nikkei lags
March 30th, 2016
Most Asian markets advanced after remarks from Federal Reserve chair Janet Yellen assuaged concerns about a near-term interest rate hike, but Japan’s shares retreated as the yen strengthened. “Janet Yellen doubled down on dovishness, in a speech full of risks to ...
Asia mixed in quiet trading session, with Nikkei up 1.9%
March 22nd, 2016
Asia markets were mixed in a quiet session on Tuesday, with a weaker yen buoying Japanese stocks while Chinese stocks gave up some of their Monday gains. Japan’s Nikkei 225, which reopened after a public holiday Monday, closed up 323.74 ...
