![Signa’s Lofty Property Valuations Point to Brutal Pain to Come](/i/c/0be80658-8d5c-f563-3742-18982779c688.webp)
Signa’s Lofty Property Valuations Point to Brutal Pain to Come
The Upper West high-rise overlooking Berlin’s bustling Kurfürstendamm shopping boulevard is one of many glittering trophies in the
2023-12-02 16:56
![Uber to become S&P 500 constituent -S&P Indexes](/i/c/bbfe3905-2ae7-360b-342d-45d981eeb263.webp)
Uber to become S&P 500 constituent -S&P Indexes
Ride-hailing service Uber Technologies will join the S&P 500 effective at the open of trading on Monday, along
2023-12-02 08:21
![S&P 500 rises to highest close of 2023 amid rate cut optimism](/i/c/abcd40b1-5b63-48ad-4c21-27cc2da57cde.webp)
S&P 500 rises to highest close of 2023 amid rate cut optimism
NEW YORKThe benchmark S&P 500 index closed at its highest level of the year on Friday amid growing
2023-12-02 05:45
![UniCredit Lent About $650 Million to Benko’s Troubled Signa](/i/c/2fc19d19-1e12-a8fb-eefd-1314ea3beb25.webp)
UniCredit Lent About $650 Million to Benko’s Troubled Signa
UniCredit SpA has lent about €600 million ($655 million) to companies that are part of Austrian tycoon Rene
2023-12-01 17:57
![Signa Insolvency Engulfs Galeria Stores, Halts Frasers Deal](/i/c/c1bd2d12-c3a7-67d0-9810-d995d6e6c68b.webp)
Signa Insolvency Engulfs Galeria Stores, Halts Frasers Deal
The insolvency of Signa Holding GmbH is starting to cause ripple effects across Rene Benko’s property and retail
2023-11-30 23:53
![Signa Files for Insolvency as Cash Crunch Fells Luxury Empire](/i/c/9608f197-394f-12e0-dd28-2b0416d30c9c.webp)
Signa Files for Insolvency as Cash Crunch Fells Luxury Empire
Tycoon Rene Benko’s Signa filed for insolvency after a last-ditch attempt to raise emergency funding failed, making the
2023-11-29 18:55
![Signa Insolvency Wave Nears as Last-Ditch Fund Talks Falter](/i/c/85d4af4d-8638-028f-77a3-6d0954ac7be1.webp)
Signa Insolvency Wave Nears as Last-Ditch Fund Talks Falter
Rene Benko’s €23 billion ($25 billion) retail and property empire is on the cusp of a wave of
2023-11-27 20:50
![Julius Baer to Review Private Debt Business Over Signa Exposure](/i/c/29f72147-e823-a71e-1335-240b99917ff4.webp)
Julius Baer to Review Private Debt Business Over Signa Exposure
Julius Baer Group Ltd. is reviewing its private debt business after running up an exposure of 606 million
2023-11-27 15:52
![Signa Holds Last-Ditch Funding Talks as Insolvency Wave Looms](/i/c/ed82a0ae-b9fa-9cdc-8d56-72edcd3bc378.webp)
Signa Holds Last-Ditch Funding Talks as Insolvency Wave Looms
Signa is holding last-ditch talks with investors, hoping to secure a funding lifeline and avoid a wave of
2023-11-26 05:22
![Unit of Benko’s Signa Prime Files for Insolvency, Spiegel Says](/i/c/d27d6c0d-4904-0019-88c0-c5f80f06a5fc.webp)
Unit of Benko’s Signa Prime Files for Insolvency, Spiegel Says
A unit of Signa Prime Selection AG filed for insolvency in a Berlin court on Friday, Der Spiegel
2023-11-25 01:16
![Julius Baer’s €600 Million Loans to Signa Draw Swiss Scrutiny](/i/c/544eeccf-9bca-5f8d-37ab-e4fc7ee7e5f0.webp)
Julius Baer’s €600 Million Loans to Signa Draw Swiss Scrutiny
Julius Baer Group Ltd.’s exposure to the crumbling empire of Rene Benko is being monitored by Swiss regulator
2023-11-22 00:24
![Signa Prime Pursues Investors to Bridge €2 Billion Fund Gap](/i/c/36d23114-e10b-f48a-2811-1fc92d8abe15.webp)
Signa Prime Pursues Investors to Bridge €2 Billion Fund Gap
Austrian tycoon Rene Benko’s Signa Prime unit has approached investors over the last few days seeking up to
2023-11-16 14:53