EE Impact

Julius Baer

Switzerland · Finance & Payments

LeaveRussia detail: Scaling Back

Scaling back

Julius Bär Group is a Swiss bank specializing in private banking and asset management.

Status last verified 03/08/2026Source checked 26/07/2023Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 25/07/2023 · Reference ↗

Wind down Russian office, suspend new business in Russia, reduce current exposure; retain current Russian clients. The Swiss bank Julius Baer, on the instructions received from the Belgian depository Euroclear, will carry out the segregation of securities of Russian citizens who do not have passports, residence permits of the European Union, the European Economic Area and Switzerland. One of the largest banks in Switzerland, Julius Baer, is going to stop serving clients from the Russian Federation in the near future. The financial organization intends to close the accounts of Russians using its services by December 31, 2023.

Local stats (LeaveRussia)

Glob.Revenue, mln.USD
4057

Status history since 2022

  1. 03/08/2026 scaling back · Imported from KSE LeaveRussia

Exposure profile

Full exposure profile is a Professional feature

Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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