https://www.reuters.com/article/us-julius-baer-fifa-dividend-idUSKBN2670KM

9 1 Report

FILE PHOTO: The company's logo is seen at the headquarters of Swiss private bank Julius Baer in Zurich, Switzerland June 22, 2020. REUTERS/Arnd Wiegmann. ZURICH (Reuters) - Julius Baer BAER.S may pay tens of millions of dollars to settle U.S. allegations over its role in soccer body FIFA's corruption affair, the Swiss bank said on Wednesday, adding it will ask shareholders in November to a back a second 2019 dividend tranche. Baer is in what it described as “advanced” talks with the U.S. Department of Justice (DOJ) over the FIFA scandal, a holdover from the era of former Chief Executive Boris Collardi, who is now at Pictet, that has kept its lawyers busy for years. Baer this year was repri... Full story

7 days ago, 16 September

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