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Julius Baer, Banking in Switzerland
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.
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.
Swiss banking giant Julius Baer to lay-off nearly 400 employees
Swiss banking giant Julius Baer has announced plans to cut its workforce by around 5%. The layoff is as part of a cost-saving strategy launched by the new CEO, Stefan Bollinger. The decision comes after the bank suffered significant financial losses due to its involvement with the now-defunct property group Signa.
8h
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 ...
9h
Julius Baer stock has worst day in a decade as results disappoint
Swiss bank Julius Baer shares plunged on Monday after new Chief Executive Stefan Bollinger's plans to cut its workforce by ...
8h
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 ...
finews
16h
Julius Baer Rebounds After Doubling Profit in 2024
One year after its annual profit halved, Swiss private bank Julius Baer has staged a rebound by doubling its bottom line in ...
7d
Julius Baer chairman to leave as Signa reckoning widens
The chairman of Julius Baer, Romeo Lacher, is to step down, the Swiss bank said on Monday as it continued a shake-up of ...
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