Julius Baer

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 Davy: have been grappling since early last month with the fallout from a €4.1 million Central Bank fine and reprimand.  Photo: Sasko Lazarov/Rollingnews.ie

Davy has decided to shut Cantor Fitzgerald out of the sales process for the embattled stockbroker, citing concerns over giving sensitive information t(...)

Bernard Byrne said Davy was ‘committed to working as hard as we can’ to restore clients’ trust. Photograph: Sasko Lazarov/RollingNews.ie

Davy’s interim chief executive, Bernard Byrne, told clients in a video message on Monday that he will personally ensure that the buyer of the embattle(...)

Davy formally put itself up for sale on Thursday evening. Photograph: Niall Carson/PA Wire

Minister for Finance Paschal Donohoe said on Friday that a sale of Davy will require “absolute clarity” on whether a bond-deal scandal that has rocked(...)

Credit Suisse: rocked by lurid details of disagreement. Photograph: iStock

The staid world of Swiss banking has been rocked by lurid details of the breakdown in the relationship between Credit Suisse chief executive Tidjane T(...)

The UBS move underscores how banks in Europe and the US are scrambling to prepare for a protracted spell of lower rates. File photograph: Feline Lim/Reuters

UBS plans to levy a negative interest rate on wealthy clients who deposit more than SFr2 million (€1.8 million) with its Swiss bank, as lenders hunker(...)

European Central Bank president Mario Draghi addresses a news conference at the ECB headquarters in Frankfurt on Thursday Photograph: Reuters

The European Central Bank kept its super-easy monetary policy unchanged as expected on Thursday and its president, Mario Draghi, told critics of his s(...)

US stocks slipped from their record levels on Monday as oil weighed on energy shares and as investors awaited this week’s Federal Reserve monetary policy meeting. Photograph: Brendan McDermid/Reuters

European shares had an unsettled session on Monday. Having given up early advances to fall into the red late in the session as a decline in oil prices(...)

 Assets plummeted at Dublin’s Bank of America Merrill Lynch from €361 billion in 2010 to just € 5 billion as of the end of 2015, as the bank continued to retrench its Irish operations.Photograph: Aidan Crawley

Dublin-based Bank of America Merrill Lynch International (BAML) continues to retrench its Irish banking arm, slashing assets and rationalising its br(...)

In the leaked Mossack Fonseca files: golfer Pádraig Harrington, former U2 manager Paul McGuinness, accountant Aidan Phelan, businessman Oisin O’Buachalla, Irish biofuel businessman Bart Bonsall and developer Seán Mulryan

On Monday The Irish Times, in conjunction with the International Consortium of Investigative Journalists (ICIJ) and its international media partners,(...)

Julius Baer: the bank has reached an agreement in principle with US Justice Department, according to a statement. Photograph: Valentin Flauraud/Bloomberg

Julius Baer, Switzerland’s third-largest wealth manager, said it expects to pay about $547 million to settle a US investigation into how it helped Am(...)

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