Julius Baer Gruppe AG

BAER: XSWX (CHE)
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Julius Baer: Regulator Closes Private Debt Investigation, Clearing the Path for Buybacks

The Swiss regulator FINMA has closed its enforcement case against Julius Baer over the private debt loans and money-laundering failures. The bank has asked for approval of a share buyback, but all shareholder payments will need advanced approval by FINMA.

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