Swiss Bao Sheng requires small account customers: either increase capital or leave.

According to informed sources, the Julius Baer Group of Switzerland is informing clients with low asset balances to either increase their investment amount with the wealth management institution or find another path. Julius Baer Bank has set different asset thresholds based on the location of operations, aimed at ensuring that each business relationship is worth the operational costs and compliance risks involved. The bank has stopped accepting certain high-profile clients, or so-called "politically exposed persons."