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Heard on the Street: Julius Baer to call Sarasin’s bluff?

Despite a letter reportedly signed by CEO Joachim Straehle and other senior managers at Bank Sarasin asking the its board to resist Julius Baer’s attempts to buy the bank, Julius Baer is going ahead with its bid for the bank according to sources close to the deal. The letter is confirmation that were Rabobank to sell its 46% stake in…

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