Swiss bank Julius Baer cautious about US tax probe
GENEVA (AP) — Swiss bank Julius Baer Group has cautioned investors that the outcome of a U.S. probe into whether it helped American clients cheat on their taxes is uncertain.
The Zurich-based bank says it is cooperating with authorities in Switzerland and the United States and has handed Washington data about its U.S. operations in the past.
Julius Baer is one of 11 Swiss banks under pressure from the U.S...
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