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Julius Baer: In Arrears Over Latin America


Beatriz Sanchez, Julius Baer s head of Americas
Monday, 21 December 2020 08:23
| Written by Katharina Bart
Julius Baer: In Arrears Over Latin America
finews.com takes stock three years into Latam boss Beatriz Sanchez’s tenure.
In December of 2017, Zurich-based Julius Baer hired
Beatriz Sanchez away from Goldman Sachs to run its Latin American wealth arm. The job blew up four months later when it emerged that Finma was investigating the wealth manager over wealthy Venezuelan clients.
Three years into the job, Sanchez appears finally prepared to devote her attention to make the business in Latin America grow. At 8.2 percent annually, growth in this wealth market is second only to Asia and it remains a compelling market for Swiss private banks. ....

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