Julius Baer named 'Best Private Bank'

18 December 2008

Hong Kong, 18 December 2008 —- Julius Baer has been named ‘Best Private Bank’ by Finance Asia Magazine, the leading publication for the region’s finance industry and capital markets. The prestigious award bears testament to Julius Baer’s premier
position in the wealth management industry.

The award focuses on the quality of investment advice provided by the participating wealth advisors based on a hypothetical case study. The competition is by invitation only and this year included five leading financial institutions.

Commenting on the award, Lara Wozniak, Editor of Finance Asia Magazine, said: “The competition was intense but Julius Baer clearly emerged as the winner. Its success reflects the superior investment advice provided by the Julius Baer team in this most challenging market environment, coupled with the bank’s reputation as a solid and trusted financial partner.”

Andrea Benenati, CEO North Asia at Bank Julius Baer, said: “In these markets, it is particularly rewarding that Finance Asia has recognised that our standards of service to clients to be superior.”

Dr. Thomas R. Meier, CEO Asia, Middle East and Eastern Europe at Bank Julius Baer, commented: “We are delighted to have been named ‘Best Private Bank’. This very pleasing result underscores our positioning as a key player in the private banking industry. As part of our commitment to excellence, we will continue to invest in the enhancement of our client services, while further leveraging our strengths in order to participate in the wealth generation
potential offered by this diverse and dynamic growth region.”

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