Julius Baer to Pay $547 Million to Resolve U.S. Tax ProbeBy and
Bank says it’s reached an agreement in principle with U.S.
Tax investigation had hampered bank's ability to make deals
Julius Baer Group Ltd said it expects to pay about $547 million to settle a U.S. criminal investigation into how it helped Americans evade taxes, clearing the way for other Swiss banks to resolve similar probes.
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