Julius Baer announces final settlement with the U.S. Department of Justice regarding FIFA matter Donnerstag, 27. Mai 2021 - 22:08

Zurich, 27 May 2021 – Julius Baer today announced that it has finalised the agreement reached with the U.S. Department of Justice (DOJ) in November 2020, as reported, to settle the FIFA-related investigation in the U.S. Specifically, Julius Baer has entered into a three-year Deferred Prosecution Agreement, pursuant to which it will pay the previously communicated amount of USD 79.7 million, which has already been charged against the 2020 financial results.

Julius Baer welcomes the final resolution of this legacy matter. This marks another step in Julius Baer’s continued efforts to pursue the closure of remaining regulatory and legal matters in cooperation with the relevant authorities.