The Swiss bank Julius Baer has agreed to enter a deferred prosecution agreement with the U.S. Department of Justice after being implicated in a sprawling corruption probe surrounding FIFA, the world's soccer governing body.
FILE PHOTO: The logo of Swiss private bank Julius Baer is seen at a branch office in Zurich, Switzerland February 1, 2021. REUTERS/Arnd Wiegmann/File PhotoNEW YORK: The Swiss bank Julius Baer has agreed to enter a deferred prosecution agreement with the U.S. Department of Justice after being implicated in a sprawling corruption probe surrounding FIFA, the world's soccer governing body.
Julius Baer's general counsel confirmed the planned agreement at a hearing on Thursday in the federal court in Brooklyn, New York.
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