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Switzerland: Julius Baer CEO denies deal talks with Credit Suisse

By  |  April 12, 2015

Julius Baer has not held merger talks with rival Credit Suisse, the Zurich-based private bank’s CEO Boris Collardi told the weekly Schweiz am Sonntag, Reuters reported.

“There have been no such talks,” Collardi said in response to a question regarding a possible union.

There have been persistent rumors in Switzerland about a coming link between Credit Suisse to Julius Baer. The latter has assets worth a little over $297 billion, and is the fourth-largest private bank in Switzerland.

 

Full Content: Reuters

 

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