Julius Baer Group controversies

Julius Baer Group, a Swiss private banking group, has faced numerous controversies over its business practices, raising concerns about the bank's ethical practices and regulatory compliance. These controversies have prompted calls for increased transparency and accountability within the banking industry. The Julius Baer Group, founded in the late 19th century by Julius Baer, has traditionally adhered to Swiss-style banking secrecy, which has come under scrutiny by investigators in the United States and Europe for potentially aiding tax evasion by clients.