Bank Julius Baer fined £18m for improper Russian oil commissions

SarahDecember 1, 2022
Frankfurt, Hesse / Germany - May 16, 2018: Julius Baer Group branch office in Frankfurt, Germany - Julius Baer is a Swiss multinational private bank founded and based in Switzerland
Credit: Shutterstock/nitpicker

UK regulator the Financial Conduct Authority (FCA) has fined Swiss private bank Julius Baer International (JBI) £18m for breaches of conduct rules in relation to Russian oil deals.

Three senior managers have been issued ba...

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SarahDecember 1, 2022
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