Julius Baer confirms that the competent U.S. Federal Court in New York has approved the motion as filed on 4 February 2019 and formally dismissed the charges against the Bank, thereby terminating the DPA.

Bernhard Hodler, Chief Executive Officer of Julius Baer Group Ltd., said: “This important step confirms Julius Baer’s approach to cooperating constructively with competent authorities and our commitment to fulfill our regulatory obligations and responsibilities.”