Swiss private bank Julius Baer Group will open an office in Tel Aviv in early 2012. Baer has been in business since the 1890s, and currently operates in 40 financial centres in 20 countries. Board members recognised “the value of the Israeli market, and confidence in its ability to grow and thrive.”
http://www.globes.co.il/serveen/globes/docview.asp?did=1000703181&fid=1725