Singapore hub for Julius Baer

Wilfried Kofmehl, chief executive private banking South-east Asia in Singapore, said: "This is a major milestone for the bank. We have successfully upgraded our banking licence and operations to be able to support our clients in the region and the tremendous growth of our business here and internationally."

As well as serving as a regional hub, Singapore will also be the main booking centre for the group outside Switzerland, with dedicated teams serving regional and international clients.

At the

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