スイスの bank Julius Baer to end 商売/仕事 with (弁護士の)依頼人s in Russia-letter

By Brenna Hughes Neghaiwi

ZURICH, July 25 (Reuters) - スイスの 私的な bank Julius Baer will end all 商売/仕事 with (弁護士の)依頼人s based in Russia, it told them in a letter seen by Reuters on Tuesday, as wealth 経営者/支配人s navigate a 広げるing 逮捕する of 許可/制裁s and 制限s 関係のある to Moscow's 侵略 of ウクライナ共和国.

Julius Baer will 中止する 商売/仕事 with (弁護士の)依頼人s 住所/本籍d in Russia by no later than Dec. 31, the letter said, while wealth 管理/経営 activities such as 委任統治(領)s managing (弁護士の)依頼人s' 投資s, credit 協定s and credit card 契約s, would be 終結させるd by the end of September.

Julius Baer 拒絶する/低下するd to comment.

The move comes as スイスの banks, 中心s for 沖合いの/海外の wealth, have entered the crosshairs of 当局, who have been using 許可/制裁s, 資産 凍結するs and 犯罪の 調査(する)s to 圧力 Russia's 豊富な エリート and 減ずる support for 大統領 Vladimir Putin.

In March, Bloomberg 報告(する)/憶測d that Switzerland's two biggest banks at the time -- Credit Suisse and UBS --were under scrutiny in a U.S. 司法省 (DOJ) 調査(する) into whether 財政上の professionals helped ロシアの oligarchs 避ける 許可/制裁s.

Credit Suisse has since been taken over by UBS, making Julius Baer the second-largest of Switzerland's 名簿(に載せる)/表(にあげる)d 貸す人s.

In a deviation from its 伝統的な 中立, Switzerland moved in March 2022 to 可決する・採択する 許可/制裁s that the European Union (EU) 課すd on ロシアの people and companies and 凍結する their 資産s to punish the 侵略 of ウクライナ共和国.

It has since continued to 広げる 許可/制裁s in line with EU moves.

As of Nov. 25 2022, Switzerland had frozen some 7.5 billion スイスの フランs ($8.63 billion) in 関係のある 財政上の 資産s, the 機関 over seeing 許可/制裁s said in December, compared to some 46.1 billion フランs in 存在するing deposits held by ロシアの 国家のs and ロシアの-住所/本籍d persons.

In March 2022 Julius Baer said it was 停止(させる)ing any new 商売/仕事 with 豊富な ロシアのs, as European 貸す人s worked to 限界 their (危険などに)さらす to Russia's エリート.

Forbes Russia in May 報告(する)/憶測d that Julius Baer had told ロシアの and Belarusian (弁護士の)依頼人s that their 投資 accounts would be frozen 予定 to 必要物/必要条件s from (疑いを)晴らすing house Euroclear. ($1 = 0.8691 スイスの フランs) (報告(する)/憶測ing by Brenna Hughes Neghaiwi, editing by John Revill and Susan Fenton)

Sorry we are not 現在/一般に 受託するing comments on this article.