Julius Baer CEO Maintains Risk Appetite Despite Signa Woes bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
For over a decade, Julius Baer had an enormously difficult time with an Italian venture where the Zurich-based bank already lost a lot of money. It s now trying to close that chapter.
The veteran of Credit Suisse has quietly advanced to a new statesman for Switzerland’s financial center. finews.com on how Romeo Lacher hit his stride after leaving the Swiss bank.
Ex-Julius Baer CEO Collardi Reprimanded in Laundering Probe
This content was published on January 21, 2021 - 12:05
January 21, 2021 - 12:05
(Bloomberg) Ex-Julius Baer Group Ltd. Chief Executive Officer Boris Collardi was reprimanded by Switzerland’s financial regulator over a money laundering probe that’s cast a shadow over his move to Geneva private bank Pictet & Cie.
Collardi won’t face further penalties in the case, related to alleged corruption in Venezuela, according to a statement he sent on Thursday. Separately, Swiss watchdog Finma said it’s starting enforcement proceedings against one unidentified Baer manager. The actions come almost a year after the regulator said the bank fell significantly short in combating money laundering in its Latin American business between 2009 and early 2018.
Finma geht gegen frühere Julius-Bär-Manager wegen Geldwäsche vor | Newsticker fuw.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fuw.ch Daily Mail and Mail on Sunday newspapers.