( MENAFN - Swissinfo) Swiss financial regulator Finma said it had opened an enforcement procedure against Julius Bär, stepping up action against the bank over risk failures linked to the collapse of ...

The bank's profits climbed by 125% to CHF1.02 billion in the 2024 financial year. This follows a poor 2023 when Julius Bär reported a halving of profit due to write-downs of CHF606 million on loans ...