Julius baer
Julius Baer books S$242.2 million loss provision on property loans
It is asking for patience from investors as a buyback plan remains on hold
Malaysia enters mediation with Julius Baer on US$112 million 1MDB lawsuit
MALAYSIA said it’s entered mediation talks with Julius Baer Group in a bid to settle a US$112 million lawsuit filed against the Swiss bank by a unit of the failed 1MDB development fund.
Former Citi banker Wang Qiming gets longest sentence in S$3 billion money laundering scandal
Former Julius Baer Group banker Liu Kai is scheduled to plead guilty on Friday
Julius Baer's first-half profit falls 35% on loan provisions, Brazil unit sale
The decline reflected earlier-flagged writedown of 130 million Swiss francs
Julius Baer seeks to cut bonuses of bankers with risky books: sources
The move comes as the Swiss lender’s top management seek to reset and put the bank on a path for growth after a string of missteps
Singapore is most expensive city for HNWIs to live well for third year in a row: report
City still appeals to high-net-worth individuals and businesses due to its stable political climate, safety, and quality services including education and healthcare
Credit Suisse, UOB, UBS, Citi among 9 financial institutions penalised S$27.5 million for roles in S$3b money laundering case
Julius Baer, LGT and UOB Kay Hian also hauled up by MAS; UOB is the only local bank on the list
Julius Baer’s new CEO takes on old guard to revamp Swiss bank
Stefan Bollinger wants to move the 135-year-old Swiss firm beyond the Benko scandal and past setbacks
Julius Baer’s new goals fail to impress in setback for CEO
The Zurich-based wealth manager will seek 130 million Swiss francs in cost reductions to 2028
Julius Baer faces US$156 million loan loss charge
Baer is discussing writing down a loan related to a real estate project in the German city of Hanover that’s on the cusp of default
