Wealth Manager - Essential news for investment professionals

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Julius Baer enters Irish wealth market

Julius Baer enters Irish wealth market

Julius Baer has acquired Merrill Lynch's Dublin-based wealth management arm.

Merrill Lynch has run private banking activities in Dublin since 2001 and both the team, headed by John Crowe, and clients have transferred to Julius Baer.  

The transaction follows the Swiss wealth manager's acquisition of Merrill Lynch's international wealth management arm in August 2012, for which it paid $881 million (£526 million).

'The team in Dublin is very excited to be part of the Julius Baer family,' Crowe said in a statement. 

'It is an extremely positive statement that a major Swiss Private bank such as Julius Baer is launching a new office in Ireland.'

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Sarasin’s Boucher: why I like salmon with chocolate

Sarasin’s Boucher: why I like salmon with chocolate

Henry Boucher, manager of the £129 million Sarasin Food & Agriculture Opportunities fund, explains why he is gobbling up salmon and chocolate stocks.

Play Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Libby Ashby and leading wealth managers analyse what the Alibaba IPO hype means for Chinese equities, slowing growth of the UK economy and whether there’s anything left to play for in the European sovereign bond market.

Play Tesco, Japan and the rise of the central banker

Tesco, Japan and the rise of the central banker

 Libby Ashby and leading wealth managers scrutinise the food retail sector, Japan’s consumption tax hike and political risk in the markets.

Your Business: Cover Star Club

Veteran banker boosts Sanlam’s stockbroking team

Veteran banker boosts Sanlam’s stockbroking team

A veteran private banker has been recruited by Sanlam Private Investments to strengthen its advisory stockbroking team.

Wealth Manager on Twitter