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Assets under management at Julius Baer rose to a record 520 billion francs at the end of October. fabrice coffrini/Agence France-Presse/Getty ImagesJulius Baer is turning the page on a set of legacy issues with the conclusion of a credit review under which the Swiss bank is taking another large provision for bad property loans.
The Zurich-based private bank has been seeking to clean up its books and move past the fallout from its exposure to the now-insolvent real-estate group of Austrian tycoon Rene Benko, which led to major losses and the ousting of its former chief executive early last year.
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