Julius Baer holdings 's Japanese wealth management subsidiary , global Asset holdings , has been renamed Julius Baer asset Management . The bank claims that the unit illustrates its commitment to the Japanese market and its ambition of leveraging its strong international brand to achieve further growth . Julius Baer has held a 60 % stake in the unit since 2013 .
Julius Baer Group's Japanese wealth management subsidiary, TFM Asset Management, has been renamed Julius Baer Wealth Management. The bank said that the rebranding illustrates its commitment to the Japanese market and its ambition of leveraging its strong international brand to achieve further growth. Julius Baer has held a 60% stake in the unit since 2013.