The large Swiss bank will cease to serve Russians

One of the largest Swiss banks, Julius Baer Group Ltd, will cease to serve Russians. Customer accounts are going to close till December 31, 2023, the consulting company reports Main Partner Trust. Julius Baer Group Ltd started sending to clients who constantly live to Russian Federation, notices of the forthcoming closing of accounts. The organization warned that stops all business relations with them as cannot provide services any more, conforming to its standards, "in connection with the current circumstances and developing restrictions". Agreements and contracts, including credit contracts, will be...