Julius Baer Hires Bankers From Russia’s Sberbank, Alfa Bank

Julius Baer Group Ltd., Switzerland’s third-largest wealth manager, hired three bankers as part of an expansion of services for Russian clients.

Alexey Dolgikh and equity trader Rufat Askerov joined from OAO Sberbank, Russia’s largest lender, Jan Vonder Muehll, a spokesman for the Geneva-based bank said today. Alexander Muratov, who previously worked at Russian lender Alfa Bank, was also hired.

“We have been expanding our Russian desks in Zurich, Geneva, Vienna, Monaco and Singapore recently,” Vonder Muehll said in reply to e-mailed questions.

Julius Baer’s total assets increased by 7 percent last year, according its earnings statement on Feb. 4. Most of the growth came from Asia, Latin America, the Middle East, Russia and Central and Eastern Europe, the bank said on its website.

To contact the reporter on this story: Jason Corcoran in Moscow at jcorcoran13@bloomberg.net;

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

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