Julius Baer has opened a new branch in Ascona,
in the Swiss canton of Ticino.
The new branch, to be led by Andreas
Zwikirsch, opened on 18 April and offers the full range of private
banking services, including e-banking, payment transactions and
credits.
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“Together with the existing office in Lugano,
[the new branch] facilitates the further development of the market
in the Ticino region. Ascona is of strategic importance to the
private banking business since the location enjoys an excellent
international reputation,” said Giovanni Flury, Julius Baer’s chief
executive for Ticino and Italy.
Earlier this month, Julius Baer said that it
would combine its Swiss private client business into a single,
centrally-managed body covering the whole country.
It is currently managed regionally at 16
locations around Switzerland.
Julius Baer’s current head of investment solutions group, Yves
Robert-Charrue, will be appointed as chief executive of the group’s
private client business across Switzerland from 1 July.
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