Latest Julius Baer Group Stories

2011-07-18 08:47:00

NEW YORK, July 18, 2011 /PRNewswire/ -- CAISfunds, a New York based financial technology company providing an independent, alternatives investment platform to the wealth management industry, is pleased to announce that Dr. Minka Nyberg has joined as European Advisor to the firm. Based in Zurich, Switzerland, Dr. Nyberg will advise CAISfunds on overall European business strategy including wealth management and private banking trends, regulatory changes and client expansion. (Logo:...

2011-01-17 09:56:33

A former bank executive, who says he wanted to expose tax evasion by some of the world's richest and most famous people, has handed over two CDs worth of documents to Wikileaks founder Julian Assange for publication on the controversial website. Rudolf Elmer, a former executive at Julius Baer Bank, gave the CDs to Assange during a press conference at London's Frontline Club, on Monday, according to reports by the UK newspaper The Independent. BBC News said that Elmer, who was fired by the...

2008-10-24 09:00:18

Swiss wealth manager Julius Baer is launching a new physical gold fund, which is claimed to protect investors from market volatility. The fund will exclusively invest in standard gold bars of 400 ounces or about 12.5 kilos and it will not use any derivatives. The fund will be listed on the SWX Swizz Exchange. According to Citywire, the new fund will be available in euro and Swiss franc versions, and it will be currency hedged on a daily basis. Stephen Mueller, from the physical gold...

2008-03-06 08:35:00

Switzerland's Bank Julius Baer dropped its lawsuit against the Web site Wikileaks.org Wednesday, just days after U.S. District Judge Jeffrey White reversed his order to shut down the rebel Web site for posting classified bank documents. The bank didn't provide a reason for their decision, and said they reserved the right to re-file at a later date.   A report by Associated Press said the bank's attorney William Briggs did not return a phone call seeking comment. Judge White had...

2008-02-28 14:35:00

A Swiss bank seeking legal action to shut down the Web site Wikileaks for posting classified documents is experiencing a backlash of unintended consequences.    Last month, documents from bank Julius Baer containing information about several of its wealthy clients were posted to the Wikileaks.org Web site. One of the clients was San Diego venture capitalist Jonathan Lampitt. Mr. Lampitt's lawyer, Jim Ellis, said he received a call from a Julius Baer executive warning him of the...

2008-02-18 17:20:00

A California court has ruled that a popular whistle-blower Web site that allowed users to anonymously post official government and corporate documents online must now be taken down.The Web site, Wikileaks.org, was disconnected Friday night following the ruling in a case brought by lawyers working for the Swiss banking group Julius Baer.  The dispute concerned several documents posted on the Wikileaks that allegedly revealed that the bank was involved with money laundering and tax...

Word of the Day
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'