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Julius Baer tries to mitigate Swiss franc’s impact on cost-income ratios

Bank Julius Baer, which has long referred to Asia as its second home, is moving some of its global functions to Singapore and does not rule out the possibility that still more functions may be migrated over time. With Julius Baer’s cost-income ratio creeping up from 65.4% to 68% at the end of 2011, largely due to the strengthening Swiss…

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