![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
![Julius Baer shares slide another 5% on Signa worries](/i/c/c2e0727a-1136-6e21-b7c7-4eecbd52ef3c.webp)
Julius Baer shares slide another 5% on Signa worries
ZURICH Wealth manager Julius Baer's shares slumped another 5% on Tuesday, bringing its total decline since the start
2023-11-28 23:55
![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
![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
![Julius Baer Warns of Lower Profit as Credit Provisions Jump](/i/c/52f51056-3863-20fc-6e54-a8243c815adb.webp)
Julius Baer Warns of Lower Profit as Credit Provisions Jump
Julius Baer Group Ltd. warned that its full-year profit will probably decline after provisions for bad loans jumped,
2023-11-20 16:53
![Singapore Banks Tighten Scrutiny of Chinese With Other Passports](/i/c/4670ebc9-d28d-8633-5335-84820ef942c4.webp)
Singapore Banks Tighten Scrutiny of Chinese With Other Passports
Singapore banks are increasing scrutiny of some Chinese-born clients with other citizenships, following last month’s crackdown on money
2023-09-21 11:15
![UBS Seeks to Hire Several Private Bankers to Serve India’s Rich](/i/c/291f6757-9f77-4f82-ea8d-d92c7ca8d398.webp)
UBS Seeks to Hire Several Private Bankers to Serve India’s Rich
UBS Group AG plans to rebuild its team in India as it prepares to create more products to
2023-08-18 11:52
![UK's BAE Systems to buy Ball Aerospace for about $5.55 billion](/i/c/f3d8c134-b91e-b2b8-a0f4-9f04eaefc807.webp)
UK's BAE Systems to buy Ball Aerospace for about $5.55 billion
(Reuters) -British defence group BAE Systems said on Thursday it agreed to buy Ball Aerospace business from Ball Corp for
2023-08-17 14:22
![Swiss bank Julius Baer to end business with clients in Russia-letter](/i/c/3adfc395-e759-9031-205d-c3d27eb68b20.webp)
Swiss bank Julius Baer to end business with clients in Russia-letter
By Brenna Hughes Neghaiwi ZURICH (Reuters) -Swiss private bank Julius Baer will end all business with clients based in Russia,
2023-07-25 18:55
![Julius Baer Profit Jumps With New Inflows From Credit Suisse](/i/c/063f2768-0dd3-d97b-fe5c-dac54f37c0e8.webp)
Julius Baer Profit Jumps With New Inflows From Credit Suisse
Julius Baer Group Ltd.’s profit jumped in the first half of 2023, aided by better-than-expected inflows of client
2023-07-24 14:55