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Julius Baer Faces €306M Demand Over Embezzlement Claim

By Jack Newsham (February 10, 2017, 2:18 PM EST) -- The Swiss private bank Julius Baer Group Ltd. said Friday that an unnamed bankrupt European company has sued for €306 million ($326 million) after years of making demands on the bank for not doing enough to prevent two of its account holders from embezzling the company's assets....

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