SWX:BAERCapital Markets
Should Julius Bär’s ADGM Push and Compliance Revamp Reshape the Risk Lens for (SWX:BAER) Investors?
Julius Baer Gruppe AG recently received in-principle approval to open Julius Baer (Abu Dhabi) Ltd. in ADGM to serve ultra-high-net-worth clients and appointed long-time Goldman Sachs compliance leader Victoria McLean as its future Chief Compliance Officer and Executive Board member, completing a revamped risk and compliance structure.
These moves point to a simultaneous push into a growing Middle Eastern wealth hub and a material strengthening of governance through a more independent, senior...