Bollinger, who is currently co-head of private wealth management for Europe, Middle East and Africa at Goldman Sachs in London, will join Julius Baer no later than Feb 1, 2025, the Swiss bank said
The Swiss bank said in a statement on Monday that it's "fully provisioned" for the payment, which will resolve claims tied to more than $10 billion in such securities
The Black Money law penalises the concealment of foreign income and imposes criminal liability for attempting to do so
Customer deposits account for 60% of their profits; staff count took a beating this year