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Julius Bär gibt endgültige Regelung mit dem US-Justizministerium in FIFA-Angelegenheit bekannt

·2-min read

Julius Baer Group Ltd. / Key word(s): Legal Matter

27-May-2021 / 22:01 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.

Zurich, 27 May 2021 - Julius Baer today announced that it has finalised the agreement reached with the U.S. Department of Justice (DOJ) in November 2020, as reported, to settle the FIFA-related investigation in the U.S. Specifically, Julius Baer has entered into a three-year Deferred Prosecution Agreement, pursuant to which it will pay the previously communicated amount of USD 79.7 million, which has already been charged against the 2020 financial results.

Julius Baer welcomes the final resolution of this legacy matter. This marks another step in Julius Baer's continued efforts to pursue the closure of remaining regulatory and legal matters in cooperation with the relevant authorities.

Contacts
Media Relations, tel. +41 (0) 58 888 8888
Investor Relations, tel. +41 (0) 58 888 5256

About Julius Baer

Julius Baer is the leading Swiss wealth management group and a premium brand in this global sector, with a focus on servicing and advising sophisticated private clients. At the end of April 2021, assets under management amounted to CHF 470 billion. Bank Julius Baer & Co. Ltd., the renowned Swiss private bank with origins dating back to 1890, is the principal operating company of Julius Baer Group Ltd., whose shares are listed on the SIX Swiss Exchange (ticker symbol: BAER) and are included in the Swiss Leader Index (SLI), comprising the 30 largest and most liquid Swiss stocks.

Julius Baer is present in over 20 countries and more than 50 locations. Headquartered in Zurich, we have offices in key locations including Dubai, Frankfurt, Geneva, Hong Kong, London, Luxembourg, Mexico City, Milan, Monaco, Montevideo, Moscow, Mumbai, São Paulo, Singapore and Tokyo. Our client-centric approach, our objective advice based on the Julius Baer open product platform, our solid financial base and our entrepreneurial management culture make us the international reference in wealth management.

For more information, visit our website at www.juliusbaer.com


End of ad hoc announcement

Language:

English

Company:

Julius Baer Group Ltd.

Bahnhofstrasse 36

8010 Zurich

Switzerland

Phone:

+41 58 888 11 11

E-mail:

info@juliusbaer.com

Internet:

www.juliusbaer.com

ISIN:

CH0102484968

Listed:

SIX Swiss Exchange

EQS News ID:

1201747


 

End of Announcement

EQS Group News Service

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