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In July of last year, he was appointed to the role of chief executive officer of Julius Baer, his current role. [6] [5] [7] This was after the then CEO, Philipp Rickenbache, was ousted after the bank lost 586 million Swiss Francs on loan to the collapsed property firm Signa, with Nic Dreckmann acting as the temporary CEO for the time being. [8] [3]
Zurich-based Julius Baer said it was exiting the private debt business and the annual results reflected net credit losses of 606 million Swiss francs (about $702 million) — 586 million francs of ...
Marcel Rohner (born 4 September 1964) [1] is a Swiss businessman and banker. Rohner was group chief executive officer (Group CEO) at UBS AG from 6 July 2007 until 26 February 2009, and on the group executive board from October 2007 until his resignation. [2]
Thomas C. Naratil (born 1961) is an American business executive in the financial industry. [2] After serving as president of both UBS Wealth Management Americas and UBS Americas since early 2016, [3] Naratil was appointed CEO of UBS Americas Holding LLC and became co-president of Global Wealth Management of UBS Group AG and UBS AG in early 2018.
As the Swiss National Bank's new chairman Martin Schlegel takes office this week, the jury is out on the central bank's handling of the Credit Suisse crash and its takeover by UBS. Schlegel ...
The former Swiss Bank Tower off of Fifth Avenue in New York City opened in 1990. [16] Swiss Bank began the 1990s as the weakest of the "Big Three" Swiss banks but by the end of 1997 would be the driving force behind the merger with Union Bank of Switzerland. SBC had been impacted by losses on its real estate investments and a series of minor ...
Oswald Jürgen Grübel (born November 23, 1943) is a German banker who was the group chief executive officer of Swiss bank UBS AG from 26 February 2009 until his sudden resignation on the 24 September 2011 in the wake of the 2011 UBS rogue trader scandal. [2] Previously, he has been head of Credit Suisse between 2003 and 2007. [3]
The CEO of a major Nigerian bank, along with his wife and son, were among six people killed in a helicopter crash in the Mojave Desert near the California-Nevada border late Friday night ...