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The bank said FINMA announced the consolidated enforcement procedure has been concluded. It also said a request regarding its share buyback programme has been submitted to FINMA, pending final approval.
JULIUS BAER GRUPPE AG BX:JGE
The Swiss bank said FINMA has concluded a consolidated enforcement procedure covering a major credit event in its former private debt business and legacy AML matters. Julius Baer also said a request for its share buy-back programme is pending final FINMA approval.