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 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.

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.

Wealth manager Julius Baer is set to announce a writeoff related to its exposure to property group Signa that may be around 400 million Swiss francs ($463 million), Swiss newspaper SonntagsZeitung ...

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 ...

Switzerland’s financial regulator is investigating Julius Baer Group Ltd over inadequate risk-control structures that contributed to the bank’s exposure to bankrupt property mogul Rene Benko.

GENEVA (AP) — 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 Swiss francs (dollars) reportedly ...