Switzerland's Julius Baer books $153 million charge in East German assets case

ZURICH (Reuters) - Swiss private bank Julius Baer is setting aside 153 million Swiss francs (119 million pounds) to cover demands made by a German government agency seeking to recover East German assets that went missing after the fall of the Berlin Wall.The Zurich Court of Appeal this week ruled in favor of a claim by the German agency tasked with overseeing the remains of East German enterprises, for 97 million francs plus interest since 2009.Baer said in a statement published late on..