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Baer Absorbs Macquarie Asia Private-Client Bankers in Venture – BusinessWeek


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Baer Absorbs Macquarie Asia Private-Client Bankers in Venture
BusinessWeek
Oct. 13 (Bloomberg) — Julius Baer Group Ltd., the fifth- biggest Swiss wealth manager, will absorb Macquarie Group Ltd.'s private-client business in Asia as part of a venture with the Australian bank. Baer will gain about $ 1 billion in
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