julius-baer-expands-private-banking-with-new-hires

Julius Baer expands private banking with new hires

The bank adds four senior bankers from UBS and two others to boost its Southeast Asia business.
Julius Baer has poached four new relationship managers from UBS, in an attempt to boost its wealth management business in Southeast Asia. The bank has also appointed a new human resources specialist.

Swiss-based Julius Baer was the fastest growing finance-banking services company in Singapore in 2007 based on a three-year compounded annual growth rate, according to a spokesperson. The bank increased its assets under management by 12% to CHF406 billion $365 billion and net profit by 28% to CHF518 million in the first half of 2007. The groupÆs interim report also states that growth markets, Asia in particular, continued to show strong inflows.

Michael de Santiesteban, most recently a desk head for...
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