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NEWS: ‘We had a few bankers who were crooks’ ex-Julius Baer chief Collardi; claims all ‘dirty money’ now going to Dubai, Middle East

JULIUS BAER: The bank's former chief executive Boris Collardi spoke this week of his time at the bank when it was reprimanded by regulator Finma for terrible AML processes. He told the interviewer: "We had a few bankers who were crooks and a few clients that were crooks. Was it systematic? No."

THE FORMER ceo of Julius Baer, Boris Collardi has spoken about the period when Switzerland’s regulator issued a damning assessment of the bank’s AML regime. “Did we create our own set of issues? Absolutely, yes . . . we had a few bankers who were crooks and a few clients that were crooks. Was it systematic? No,” the…

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