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Julius Baer confirms served with £260m claim

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Swiss private bank Julius Baer said on Friday that it has been served with a £260.74m claim that contends it did not prevent two clients from embezzling assets from a foreign corporation that is now being liquidated.

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Julius Baer confirms served with £260m claim

Swiss private bank Julius Baer said on Friday that it has been served with a £260.74m claim that contends it did not prevent two clients from embezzling assets from a foreign corporation that is now being liquidated.