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Julius Baer pulls out of bid for Barclays Asia private bank

Julius Baer is no longer in the running to buy Barclays’ Asia wealth arm, sources tell Asian Private Banker. This leaves DBS, UOB and Nomura as possible contenders, based on previous reports. The Swiss pure play had reportedly submitted non-binding bids for the UK private bank in Asia, with Julius Baer group CEO Boris Collardi also telling media earlier this…

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