Julius Baer expands its presence in Italy with the opening of an office in Rome

Thursday, 09. December 2010 07:00
Julius Baer Group Ltd. /
Julius Baer expands its presence in Italy with the opening of an office in Rome
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Milan, 9 December 2010 --- Julius Baer, the leading Swiss private banking group,
has opened a new office in Rome. It is the next step after the opening of its
Milan office and further strengthens the presence of the Julius Baer Group in
Italy. The focus of the new location, which will be headed by Andrea Torlonia,
will be similar to the one in Milan, namely on providing investment advice and
wealth management.

The opening of the Rome office marks another important step in the growth
strategy of Julius Baer and reflects the Group's firm commitment to the Italian
market. The new location will enable Julius Baer to strengthen its ties with the
Italian capital and to be closer to the investors from the centre and south of
the country.

Fabrizio Rindi, Chairman of Julius Baer SIM, commented: "The Group is a model of
unparalleled solidity within the international banking sector and boasts one of
the highest core capital ratios in the world. We have one sole focus: to manage
our clients' assets. The Group firmly believes in the Italian market which it
regards, within the European context, as one of the markets with the highest
potential for growth in the wealth management industry."

Gian Paolo Bardelli, CEO of Julius Baer SIM, explains: "We want to continue the
Group's expansion in Italy, providing consultancy services which are highly
specialised and tailored to the clients' needs. I believe it is impossible to
offer an excellent service without the permanent presence of our relationship
managers on site. The opening of our Rome office will allow us to be even closer
to our clients, and to reinforce our bond with them."

The head of the new Rome office will be Andrea Torlonia. He joins from Duemme
Sgr (Banca Esperia), where he was head of institutional client management during
the last eight years.

The new office is based at Via Ludovisi 35.


Julius Baer, Lugano, Martina Venturini Tel. +41 58 885 8146
Julius Baer, Zurich, Media Relations Tel. +41 58 888 8888
Ad Hoc Communication Advisors, Milan, Valentina Zanotto Tel. +39 02 760 67 451

About Julius Baer

The Julius Baer Group is the leading Swiss private banking group, with an
exclusive focus on servicing and advising private clients. Julius Baer's total
client assets amounted to CHF 271 billion at the end of October 2010, with
assets under management accounting for CHF 175 billion. Bank Julius Baer & Co.
Ltd., the renowned Swiss private bank with origins dating bank to 1890, is the
principal operating company of Julius Baer Group Ltd., whose shares are listed
on the SIX Swiss Exchange (ticker symbol: BAER) and form part of the Swiss
Market Index (SMI) of the 20 largest and most liquid Swiss stocks.

Julius Baer employs a staff of over 3,500 in more than 20 countries and some 40
locations, including Zurich (head office), Dubai, Frankfurt, Geneva, Guernsey,
Hong Kong, London, Lugano, Milan, Monaco, Montevideo, Moscow and Singapore.
For more information visit our website at www.juliusbaer.com

--- End of Message ---

Julius Baer Group Ltd.
Bahnhofstrasse 36; P.O. Box Zurich Switzerland

ISIN: CH0102484968;

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Source: Julius Baer Group Ltd. via Thomson Reuters ONE

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