Tag: Baer
Head of private bank Julius Baer resigns
As of: February 1, 2024 3:15 p.m The private bank Julius Baer granted more than 600 million euros in loans to the Signa Group. After its bankruptcy, the institute writes…
Benko insolvency is spreading – Julius Baer boss has to go – Economy
The collapse of investor René Benko’s Austrian Signa Group, as a result of which the department store chain Galeria Karstadt Kaufhof has already filed for bankruptcy, is spreading further –…
Asset manager Julius Baer reports decline in profits – economy
Higher loan provisions are leaving a clear mark on asset manager Julius Baer. Together with the increase in the tax rate, value adjustments are likely to result in falling profits…