Julius Baer admitted to having conspired to defraud the IRS, file false federal income tax returns and evade federal income taxes. Articles published Thursday at 7:35 p.m., 7:58 p.m. and 10:15 p.m. ET incorrectly stated the bank pleaded guilty. Under a deferred prosecution agreement, a defendant admits guilt; no plea is entered. (Feb. 5, 2016)

(END) Dow Jones Newswires

February 05, 2016 07:43 ET (12:43 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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