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Julius Baer’s Collardi says 2016 hiring spree is already paying dividends

Julius Baer adds ex-ABN AMRO banker in Singapore

Julius Baer’s CEO, Boris Collardi, expects 2016’s hiring spree to bear fruit in 2017 and beyond, although a rise in the bank’s cost/income ratio has led it to scale back hiring targets for this year. The Swiss pure play added a net total of 116 relationship managers in 2016 (vs. 62 in 2015), primarily in Asia, Switzerland and Monaco, with net new…

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