Swiss private bank Julius Baer said to plan wealth management JV in China

Swiss private bank Julius Baer said to plan wealth management JV in China

Pedestrians pass the headquarters of Julius Baer Group Ltd. in this photo taken with tilt-shift lens in Zurich, Switzerland. Photographer: Gianluca Colla/Bloomberg

Swiss private bank Julius Baer Gruppe AG plans to set up business in China in partnership with a local financial firm as part of its strategy to boost growth in Asia, people with direct knowledge of the matter told Reuters.