Wednesday, April 7, 2010 as of 11:14 AM ET
Julius Bär Group Ltd. (or Julius Baer Group, ) is the leading Swiss private banking group which is the parent company of Bank Julius Baer, a traditional private bank based in Zurich, Switzerland.
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S. are getting closer to a deal on tax evasion after discussions on the sidelines of the International Monetary Fund spring meetings, Swiss Confederation President and Finance Minister Eveline Widmer-Schlumpf said Saturday.Widmer-Schlumpf said there was good progress in talks with U.S. Treasury Secretary Timothy Geithner on tax transparency, although it was too soon to give details of the package."We will look into all options available to us," she told reporters. "U.S. taxpayer money in our banks should be identifiable ... we cannot give details until the package is finalized."In the absence of an agreement, U.S. authorities have started to target individual banks, investigating alleged assistance in helping Americans evade taxes at 11 Swiss banks, including Julius Baer Group AG (JBAXY), Switzerland's largest private bank, and Credit Suisse Group AG (CS, CSGN.VX).Widmer-Schlumpf said the country will seek out an initial deal for these banks. "Switzerland made con...These are challenging times for Swiss private banks.The latest U.S. crackdown on tax havens underlines the reality that the secretive Swiss bank model, which has exi...
ZURICH -- As it reported a decline in full-year net profit, Julius Baer Group (BAER.VX) Monday said it expects to pay a fine as a result of a U.S. campaign to track ...
When Swiss private bank Julius Baer Group (BAER.VX) reports full-year earnings Monday, the numbers are likely to take a backseat as investors look for evidence of ho...
ZURICH (Reuters) - The United States has ended talks with Switzerland aimed at settling a row over investigations into Swiss banks accused of helping Americans dodge...
ZURICH (Reuters) - Swiss bank Credit Suisse <CSGN.VX> is being investigated by the Department of Justice as part of a broader inquiry into banks suspected of helping...
ZURICH (Reuters) - Julius Baer <BAER.VX> Chairman Raymond Baer called for Switzerland to resolve a banking-related tax row with the United States, in comments report...
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