Julius Baer Sold Off Wergen & Partner Wealth Management
Posted on 05/26/2022
Swiss private bank Julius Baer Group sold Wergen & Partner Wealth Management Ltd. to its management. The deal was agreed on in January 2, 2022. From the deal, Julius Baer lost 5 billion CHF in assets under management. Julius Baer made the decision to divest Wergen & Partner Wealth Management following a review of its…
