Julius Baer Enters Italian Onshore Market

Julius Baer, a leading Swiss wealth management group, has announced its expansion into the Italian onshore market. The company is set to open a new branch in Milan, expected in the first half of 2025. This move marks their continued European growth, building upon established presences in Dublin, Madrid, and Barcelona.

The Milan branch will target ultra-high and high net worth clients, including family offices, offering services from a local team. Roberto Coletta, previously with Deutsche Bank and Credit Suisse, will head the branch. He will report to Falk Fischer, CEO of Bank Julius Baer Europe S.A.

This strategic expansion demonstrates Julius Baer's commitment to the Italian market. Sonia Goessi, Head Switzerland & Europe, affirmed the importance of this move in strengthening their European leadership in wealth management.