Commercial real estate contagion spreads to Europe windsorstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from windsorstar.com Daily Mail and Mail on Sunday newspapers.
Commercial real estate contagion spreads to Europe financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) The more the leadership at Julius Baer Group Ltd. looked at their exposure to Rene Benko’s collapsed property empire, the worse the outlook for Chief Executive Officer Philipp Rickenbacher became.Most Read from BloombergDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoApple’s China Slump Deepens Even as Total Sales Grow AgainQQQ Up in Late Trading as Meta Soars, Apple Falls: Markets WrapApple China Slo
By Ed Frankl Julius Baer Group said its chief executive officer will step down after it reported major losses related to its exposure to Austria's Signa.