Julius Baer Onboards Cripto Veteran in the middle of a wide reorganization

Despite wide wide pressure on costs, Julius Baer seems to be a focus on digital property with key rental cripto.

The Swiss Group for Wealth Julius Baer cuts the costs under his new General Manager of Stefan Bollinger, the Bank of Interest Michael Martin, who joined as a client advisor in Zurich, focusing on digital assets.

In LinkedIn AnnouncementMartin said he would advise clients “with needs in the field of digital property.”

“I look forward to supporting our customers – whether the prices of our deep experience and trust, seeks best advisory connections or aim to explore exciting opportunities that is a presentation of digital property.”

Michael Martin

Martin has long been in crypto space, as in 2014. in the capital of Kimura, a Provider on the base in London credit for financing trade for goods. Recently worked in amini bank (earlier known as Seba Bank), where he focused Institutional crypts for crypts. Julius Baer also reported, holding minority share in Amini Bank, where his CFO Evangelia Kostakis is serve on the board.

Rent comes as Julius Baer undergoes restructuring program. The initiative involves reducing jobs among relationship managers and aims to subordinate costs for about $ 120 million a year. By reportsThe reorganization of Julius Baera includes a decrease in the labor force of about 400 jobs, with the positions of the team leader who were cut in Hong Kong and Singapore.