Finance Swiss bank penalized over alleged FIFA, Venezuela corruption Updated : February 20, 2020 08:23 PM IST Julius Baer has been barred from carrying out “large and complex acquisitions". Julius Baer didn’t do enough to determine clients’ identities or provide information about the source of their wealth, said the authorities Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.