Julius Baer has moved its Dublin headquarters to new premises as it prepares to beef up its presence in Ireland to capture a Brexit boom.
Chief executive of Julius Baer International David Durlacher said: ‘We are well positioned to benefit from the material influence Brexit will have on the Irish economy and at a time when other private banks are restructuring or retrenching, we are prepared to invest in our business for the benefit of clients, present and future,’ said
The bank said that the move to the new offices on Hume Street, near St Stephen’s Green in the city centre, ‘reflects the size and potential of the Irish market for private banking and provides Julius Baer with the space to grow'.
‘This is an important move for Julius Baer,’ added Keith Ryan, team head at Julius Baer in Ireland.
‘We are committed to building our business in Dublin to match the long-term growth of wealth in Ireland and the demand for wealth management services.’