Switzerland's Julius Baer Logs $184 Million Charge

Julius Baer is turning the page on a set of legacy issues with the conclusion of a credit review under which the Swiss bank is taking another large provision for bad property loans.

- BY ELENA VARDON

The Zurich-based private bank has been seeking to clean up its books and move past the fallout from its exposure to the now-insolvent real-estate group of Austrian tycoon René Benko, which led to major losses and the ousting of its former chief ex