Julius Baer to Pay $547 mn to Resolve U.S. Tax Probe
(Bloomberg) Julius Baer Group Ltd., Switzerland’s third- largest wealth manager, said it expects to pay about $547 million to settle a U.S. investigation into how it helped Americans evade taxes, clearing the way for other Swiss banks to resolve similar criminal probes. The bank reached an agreement in principle with the U.S. Justice Department, the […]