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Julius Baer mulls more M&As after 17% profit growth in 2017

Julius Baer said on Wednesday that it is considering targeted acquisitions to complement its organic growth strategy, under an expansionary drive now led by new chief Bernard Hodler, who replaced Boris Collardi following his resignation in November. The dual-pronged approach to growth was detailed in the bank’s 2017 earnings release, which shows a 14% jump in net profits in 2017…

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