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Julius Baer hires head of structured products from Clariden Leu

Switzerland’s Julius Baer has hired Richard Loretan from Clariden Leu as head of structured products. Zurich-based Loretan will start on January 1 2008 and will report to Peter Gerlach, head of markets.

Loretan will be responsible for expanding Julius Baer’s structured products unit to cover all asset classes and product offerings. He will also be responsible for increasing the distribution of structured products, developing innovative investment solutions and reducing time-to-market for the delivery of offerings.

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