Jobs Lost to Brexit ‘Impossible’ to Get Back, Bank Chief Says
- Julius Baer chose Luxembourg over Frankfurt for European hub
- CEO says it would take a decade at least to return jobs
It's Julius Baer's Best Half Year Ever, CEO Says
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Britain should not expect to get back jobs that have been transferred to the rest of Europe in preparation for the country’s departure from the European Union, according to the chief executive officer of Julius Baer Group Ltd.
"Frankly it’s impossible,” Boris Collardi said when asked how difficult it would be to get the jobs back. “It will take a decade if at all.”