Julius Baer Sees Significant Growth During 20th Year In Guernsey

Bank Julius Baer's 20th year of operation in Guernsey has seen significant growth in the local office following the group's acquisition of the Merrill Lynch International Wealth Management business outside the US.

Paul Van Neste, Branch Manager for Bank Julius Baer in Guernsey, said the integration was extremely positive for the Guernsey office.

He said: "During the on-going integration process, Guernsey has demonstrated its competency to our group offices across the world and as such, is regarded as a centre of excellence."

As a result of the increased business coming from the group, the Guernsey branch has implemented an expansion plan which includes additional recruitment.