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Slight growth in Julius Baer AUM, net income jumps on client trading

Julius Baer grew its AUM 2% to CHF 434 billion (US$487 billion) across its wealth management business in 2020, while net income deriving from the sale of financial instruments was up 53% YoY, with a marked increase in income from structured products. Switzerland’s third-biggest bank had experienced a dip in AUM mid-2020 on account of the pandemic, but it raked…

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