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Julius Baer primes for second M&A wave in private banking

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Julius Baer's chief executive Bernhard Hodler said that overall, the bank wants to grow its assets under management (AUMs) at a steady clip of 4 to 6 per cent.

Singapore

JULIUS Baer, ranked the fifth-largest private bank in Asia, expects consolidation in the private-banking market in the next three years, as competing players buckle under the strain of costs and call it quits, said its top executive.

Speaking to The Business Times in...

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