Julius Baer
Caproasia.com | The leading source of data, research, information & resource for investment managers, professional investors, UHNW & HNW investors, and advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more

This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.







Julius Baer Reaches $79.7 Million Settlement for Role in FIFA Corruption Events 

9th November 2020 | Hong Kong

Swiss Private Bank, Julius Baer has reached an in-principle agreement of $79.7 million settlement with the U.S. Department of Justice (DOJ), to resolve investigation of the bank’s role in corruption events with world soccer federation – FIFA.

” Julius Baer Reaches $79.7 million settlement with United States DOJ “

 


Ads & Announcements



Julius Baer Settles U.S. DOJ’s FIFA Investigation

 

Since 2015, Julius Baer had been cooperating with the U.S. Department of Justice (DOJ) in its investigation of alleged money laundering and corruption involving officials and affiliates of FIFA and associated sports media & marketing companies.

The related regulatory proceeding in Switzerland was closed in February 2020.

 

 

Julius Baer Strengthens Risk Management, Takes $79.7 Million Provision

Julius Baer through a comprehensive programme initiated in 2016, have taken steps to prevent future occurrences.

The Swiss bank had re-documented each one of the Bank’s client relationships and discontinued certain individual relationships and operations.  Julius Baer had also renewed and strengthened the entire risk organisation, and introduced an enhanced Code of Ethics and Business Conduct.

With the settlement, Julius Baer will enter into a 3-year deferred prosecution agreement and a financial component of which Julius Baer has taken a provision of $79.7 million on its 2020 financial results.

 




2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM

Register Below
Latest 2022 data & reports, insights & news
Every Saturday & Sunday 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

For Investors | Professionals | Executives




New to Caproasia?
Join 10,000 +
Learn More | Sign Up Today







For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Subscribe / Sign Up / Contact Us


    Mailing ListFree TrialInvestor $680 YearlyProfessional $680 YearlyExecutive $2,000 Yearly


    Private WealthFamily OfficePrivate BankingWealth ManagementInvestmentsAlternativesPrivate MarketsCapital MarketsESG & SICEO & EntrepreneursTax, Legal & RisksHNW & UHNWs Insights











    Caproasia | Driving the future of Asia
    a financial information technology co.
    since 2014


    Web links may be disabled on mobile for security.
    Please click on desktop.









    Previous articleAnt Group $300 Billion Record IPO Suspended in both Shanghai and Hong Kong Exchange
    Next articleHong Kong Exchange to Launch New Hang Seng TECH Index Futures & Options
    Caproasia.com covering capital markets, investments and private wealth in Asia. Our users manage, advise & invest $25 trillion assets in Asia