Five senior Julius Baer Group Ltd private bankers in the Bahamas and Panama left to join Swiss rival Gonet & Cie.

Patrick Feuz, head of Julius Baer’s Nassau operations, chief operating officer Jean-Marc Fellay, and Patrick Guye-Bergeret, a senior relationship manager serving Latin American clients, have joined Gonet & Cie, according to a statement released at the end of last week.

Juan Carlos Hofer and Matthias Krull, senior relationship managers at Julius Baer in Panama, have also joined Gonet, according to the statement.