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Client relationships successfully transferred from Leumi Private Bank AG to Bank Julius Baer

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Zurich, 23 March 2015 – In July 2014 Julius Baer announced its strategic cooperation with Bank Leumi, which included the acquisition of Leumi’s private banking business in Switzerland.

Clients with assets under management of more than CHF 4.2 billion and more than 30 employees, including 20 relationship managers, have been transferred from Leumi Private Bank AG in Geneva and Zurich to the Julius Baer platform last week.