Julius Bär Group AG (also Known As Julius Baer Group Ltd) Is A Full-time Multinational Private Bank In Switzerland. The Company Is Headquartered In Zurich And Is One Of The Oldest And Largest Banking Institutions In The Swiss Banking Industry. The Bank Is Distributed In 28 Countries And Has More Than 6,800 Employees Worldwide, Providing Services Such As Wealth Management And Investment Consulting.
History
The Company's History Dates Back To 1890, When Gentleman Ludwig Hirschhorn Founded An Exchange, A Wealthy Businessperson Julius Bär Joined In 1896, And In 1901 Julius Bär Acquired All The Shares And Remained As Chairperson Of The Partnership. Sir Hans E. Mayenfisch Joined The Bank As A Partner On July 1, 1913 Until 1922. Later The Company Became A Partnership Of More And More Members Of The Baer Family, Until 1940, When The Company Began To Expand Internationally. In 1947 Julius's Son Inherited And Introduced The Partner Werner Bär, A Wealthy Merchant. The Third Generation Of Members Was Active From August 21, 1947 To 1996. Hans Bär Served As Chairperson Of The Board From 1993 To 1996, But From 1980 The Bank Gradually Opened Up To Non-family Investors And Became The First Private Bank In Switzerland To Be Listed. In 2005 It Became A Public Company. Currently, Mr. Raymond J. Bär Serves As Honorary Chairperson Of The Board.
Leadership
- Philipp Rickenbacher (CEO)
- Nic Dreckmann (chief Operating Officer And Head Of Intermediary)
- Evie Kostakis (Chief Financial Officer)
- Oliver Bartholet (Chief Risk Officer)
- Yves Bonzon (Chief Investment Officer, Investment And Wealth Management Solutions)
- Nicolas De Skowronski (Investment And Wealth Management Solutions, Head Of Wealth Management Solutions)
- Yves Robert-Charrue (Head Of Switzerland, EMEA)
- Jimmy Lee Kong Eng (Head Of Asia Pacific)
- Beatriz Sanchez (Head Of Americas)
- Luigi Vignola (Head Of Marketing)
WikiLeaks Controversy
In 2011, A Mr. Elmer Handed Over A Batch Of Stolen Customer Information To WikiLeaks. Rudolf Elmer Worked In A Bank From 1980 To 2002. He Was In Charge Of The Caribbean Business At Julius Baer Group In Switzerland For 8 Years. He Was Fired In 2011 For Data Theft. In 2008, Elmer Leaked Bank Information To WikiLeaks, Which Called His Documents "partially True And Partly False." Subsequent Reports Said The Discs Were Empty, And That The Incident Was A Means To Draw Attention To Elmer's Lawsuit In A Swiss Court.
