もっと詳しく

ZURICH (Reuters) – Julius Baer has credit exposure to a low-single-digit number of clients subject to the recently introduced sanctions, the Swiss bank said on Monday in an update on its exposure to the Russian market and Russian clients. The exposure is in the form of mortgage loans at conservative lending values against residential properties in prime locations in Western Europe, as well as a marginal Lombard credit exposure fully covered by pledged liquid assets collateral, the bank said in a statement. It said it was complying with all national and international sanctions and does not on-b…