Julius Baer's profit fell 35% year-on-year to 295 million Swiss francs ($370 million) in the first half, pressured by loan ...

Julius Baer has written off an entire loan against Signa, and the CEO is stepping down to take responsibility for the lapse in judgment. Read why the JBAXY stock is a buy.

Julius Baer's exposure to toppled property group Signa could result in losses that far exceed the provisions taken by the Swiss wealth manager, an analyst said on Monday.

Julius Baer Chairman to Leave as Signa Reckoning Widens. More. Reuters. FILE PHOTO: A logo is pictured on Swiss private bank Julius Baer building in Geneva, Switzerland, November 21, 2024.

Julius Baer says its CEO is resigning and the Swiss bank is quitting the private debt business as well as setting aside more than a half-billion dollars reportedly over its exposure to bankrupt ...

Julius Baer Group Ltd. slumped the most in more than three years as a sudden jump in bad loan provisions revived concerns about the Swiss bank’s exposure to the crumbling property empire of ...

Julius Baer declined to comment further on Tuesday. Shares were down 5.6% by 1505 GMT to trade at their lowest this year, after Morgan Stanley analysts downgraded the stock to underweight.

Die Schweizer Privatbank Julius Bär muss wegen ihrer Kredite an das Signa-Konglomerat von René Benko voraussichtlich rund 400 Millionen Franken oder mehr abschreiben, meldet die Schweizer ...

Julius Baer put the spotlight back on risks at Switzerland’s banks with the departure of its chief executive and a big write-down of loans ... Julius Baer CEO Exits Over $700 Million Signa Loss. By.