Julius Baer will reportedly cease doing business with clients residing in Russia by year-end, citing economic restrictions Swiss private bank Julius Baer will end all business with clients based in Russia due to sanctions, Reuters reported on Tuesday, citing a letter sent by the bank.

The revised document reflects “geopolitical change” and seeks to strengthen the force’s resilience Russian President Vladimir Putin on Sunday gave his approval to a revised naval doctrine that takes into account the “change in the geopolitical and military-strategic situation in the world.”

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