Julius Baer Group has strengthened its presence in the German market with the opening of a new office through its subsidiary Bank Julius Bär Europe.

Frankfurt-headquartered Bank Julius Bär Europe has opened a branch in Mannheim, bringing the number of offices the firm has in Germany up to eight.

The Swiss-owned private bank now has seven offices in Düsseldorf, Frankfurt, Hamburg, Kiel, Munich, Stuttgart and Würzburg.