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ZURICH, Nov 14 (Reuters) – Julius Baer said on
Wednesday that overall client asset rose from August and fresh
funds won from wealthy clients are on track with targets.
The Zurich-based private bank’s assets under management rose
to 187 billion at the end of October.
This compares with 184 billion at the end of August, when
Baer last disclosed a trading statement alongside cuts of around
1,000 jobs following its purchase of Bank of America Merrill
Lynch’s (BAC.N> international wealth management business.
