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Julius Baer assets under management at US$281 billion, “back to business,” says Collardi

Switzerland’s third-largest private bank by assets, and the industry’s most watched after it bought Merrill Lynch’s international wealth management business last year, Bank Julius Baer said its assets under management had surpassed CHF254 billion (US$281 billion) when it declared earnings yesterday. Even though its stock price softened after results were declared, CEO Boris Collardi sounded upbeat on a conference call…

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