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Julius Baer, Swiss bank

Swiss bank Julius Baer to cut workforce by 5% in shake-up under new CEO

By Ariane Luthi ZURICH (Reuters) -Swiss bank Julius Baer plans to cut its workforce by about 5% under new chief executive Stefan Bollinger and is reducing the size of its executive board as it reorganises after heavy losses from exposure to failed property group Signa.

The Financial Times · 17h

Swiss watchdog starts enforcement action against Julius Baer

Switzerland’s financial regulator has opened enforcement proceedings against Julius Baer, the latest hit to the Swiss wealth manager from its exposure to failed property group Signa.

Mena FN · 2h

Swiss Bank Watchdog Steps Up Signa Action Against Julius Bär

( MENAFN - Swissinfo) Swiss financial regulator Finma said it had opened an enforcement procedure against Julius Bär, stepping up action against the bank over risk failures linked to the collapse of the Signa Real estate empire.

18h

Julius Baer CEO’s First Strategy Moves Marred by Benko Hangover

Julius Baer Group Ltd. last month brought in Stefan Bollinger to draw a line under painful losses caused by loans to a ...

18h

Signa-Nachspiel: Gegen Julius Bär läuft Enforcement-Verfahren

Im Nachgang der Belastungen, die Julius Bär im Zuge der Signa-Pleite zu schultern hatte, steht die Bank nun im Fokus eines ...

Reuters8d

Julius Baer chairman to leave as Signa reckoning widens

"Julius Baer promised a fresh start after the Signa story and this is now the consequence," Bank Vontobel analyst Andreas Venditti said. In a statement, Lacher said: "With Stefan Bollinger ...

23hon MSN

Swiss bank Julius Baer to cut workforce by 5% in new CEO's shake-up

By Ariane Luthi ZURICH(Reuters) -Swiss bank Julius Baer plans to cut its workforce by about 5% as part of savings measures ...

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