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Financials

Julius Baer says 2016 pay for CEO Collardi rises to 6.49 mln Sfr

ZURICH, March 20 (Reuters) - Julius Baer Chief Executive Boris Collardi received 6.49 million Swiss francs ($6.52 million) in total compensation for 2016, the Swiss private bank said in its annual report on Monday.

This was up from 6.16 million francs in 2015. The Zurich-based bank’s share price fell 7.1 percent last year.

$1 = 0.9961 Swiss francs Reporting by Joshua Franklin; Editing by Michael Shields

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