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Julius Baer
| Headquarters location: Fraegutstrasse 40, Zurich 8010 |  | Tel. 41 1 287 6600 Job offers, investor relations: www.juliusbaer.com |
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« ETHICAL » RATING OF JULIUS_BAER
, group
and subsidiaries
[click on the images below or on help for more information] |
| Human: 3 violation(s) of fundamental human rights [+] |
| Job: 11% of company's jobs cut since 1998 [+] |
| Delinquency: 2 act(s) of financial or trade delinquency [+] |
| Tax haven, secret bank account, shell companies: operates in 7 offshore financial center(s) [+] |
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year | business source |
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World locations & Manufacturing |
Julius Baer is managed by |
year name | photo position; compensation source |
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year | employees <> | social impact : country source |
| 2000 | 2286 | |  |
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year | country : description |
| 1993 | Switzerland : Blanchiment 100 millions de $US: Raul Salinas de Gortari (account name Raul Salinas, Novatone Corp) | PBS  |
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year | financial misdemeanor | sales | income | | | source |
| 2008 |
Financial schemes designed by its subsidiary in the Cayman Islands would allow Swiss and German customers of Julius Baer to avoid the taxes of their country. |
| | | |   | | Tsr.ch  |
| 2007 |
Rudolf Elmer, which was dismissed of its post of director of the subsidiary company of Julius Bär in the Cayman Islands, shows the Swiss bank to manage "billion" in this tax haven the Caribbean and to box the profits in Switzerland by dissimulating it with the Swiss authorities. The bank, specialized in the management of fortune for very easy customers, holds according to Mr. Elmer "a double accountancy". In certain documents, the subsidiary company of the Caiman is mentioned like controlling transactions, but those in fact are ordered of the seat from the bank in Zurich, affirms the ex-leader, quoted by German weekly magazine DER Spiegel. The bank would have also set up at the Cayman Islands a "pseudo-company of internal insurance at the group" which would get busy to notch the Swiss tax department. Mr. Elmer shows also the financial institution to grant to certain customers fictitious loans allowing them to reduce the amount of their taxes, and to help of the administrators of goods to box their commissions in the Cayman Islands, in the back of the Swiss tax department. The banking data that he wants to publish cover the period 1997-2002 and relates to "a number of German rich person in particular". In April 2007, a spokesman of the bank had recognized, following an article of press, that a former employee had flown of the files, former to 2003. |
| | | |   | | Tsr.ch  |
| 2002 |
| 1.66 | 0.13 | |   | billion US$ |  |
| 2001 |
| 1.17 | 0.13 | |   | billion US$ |  |
| 2000 |
| 1.49 | 0.27 | |   | billion US$ |  |
| 1999 |
| 1.05 | 0.17 | |   | billion US$ |  |
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