Julius Baer International (JBI) grew revenues, profits, and client assets as it “stuck to its knitting” during the pandemic and had more intensive conversations with clients, chief executive David Durlacher says.
Pre-tax profits for the full-year 2020 were £18.4 million, compared with a loss of £7.1 million in 2019 – with this latter figure mostly attributed to a £17.7 million provision made for the settlement of a legacy matter. Without this, JBI – the Swiss bank’s UK ...