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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
What We Know About Banks at Risk From Benko’s Crumbling Empire
The crumbling of Austrian tycoon Rene Benko’s property empire has investors on edge. Swiss lender Julius Baer Group
1970-01-01 08:00
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
1970-01-01 08:00
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,
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
HSBC Pledges India Wealth Commitment Over Michelin Star Meal
On a rainy July evening in Mumbai’s central business district, HSBC Holdings Plc announced to about 100 wealthy
1970-01-01 08:00
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
1970-01-01 08:00
HSBC Returns to Private Banking in India to Tap Growing Wealth
HSBC Holdings Plc said it began private banking operations in India, marking a return to the market as
1970-01-01 08:00