Reported 11 months ago
Swiss wealth manager Julius Baer Group Ltd. has hired senior bankers from UBS Group AG and JPMorgan Chase & Co. to strengthen its business catering to affluent Indians in Dubai. The move comes as global private banking firms increase staff in the Gulf to serve the growing number of wealthy clients in the region. Julius Baer aims to focus on non-resident Indians, a profitable segment due to the rising number of wealthy Indians living overseas.
Source: YAHOO