Julius Baer CEO exits bank over losses on private loans to bankrupt property firm Signa

Julius Baer CEO exits bank over losses on private loans to bankrupt property firm Signa

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Julius Baer on Thursday said its CEO will leave his job at the Swiss bank after taking responsibility for the huge losses suffered by the firm due its exposure to Austria’s largest privately owned real estate company, Signa Holding, following its bankruptcy in Nov. 2023. In a statement, the Zurich…

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