Julius Baer to buy Merril Lynch non-US operation

Julius Baer, Switzerland’s third-biggest listed private bank, announced yesterday it will acquire Bank of America Merrill Lynch’s private bank outside the US for $1.5 billion, bumping up its assets by 40 per cent.

Julius Baer, Switzerland’s third-biggest listed private bank, announced yesterday it will acquire Bank of America Merrill Lynch’s private bank outside the US for $1.5 billion, bumping up its assets by 40 per cent.

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