Swiss Watchdog Steps Up Action Against Julius Baer on Benko [Yahoo! Finance]
JULIUS BAER GRP UNSP/ADR (JBAXY)
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Source: Yahoo! Finance
2 min read In This Article JBAXY (Bloomberg) -- Swiss financial regulator Finma said it had opened an enforcement procedure against Julius Baer Group Ltd., stepping up action against the bank over risk failures linked to the collapse of the Signa real estate empire. Most Read from Bloomberg New York's First ‘Passive House' School Is a Model of Downtown Density When French Communists Went on a Brutalist Building Boom Trump Paves the Way to Deputize Local Police on Immigration How the 2025 Catholic Jubilee Is Reshaping Rome Historic London Elevator Faces Last Stop in Labour's Housing Push An enforcement procedure is a formal step that can lead to measures including a reprimand, confiscation of profits or a removal of banking licenses. Fin
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News
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- Julius Bär Gruppe AG (OTCMKTS: JBAXY) was upgraded by analysts at The Goldman Sachs Group, Inc. to a "strong-buy" rating.MarketBeat
- Julius Bär Gruppe AG (OTCMKTS: JBAXY) was downgraded by analysts at Citigroup Inc. from a "strong-buy" rating to a "hold" rating.MarketBeat
- Julius Baer sheds 400 jobs, downsizes executive board [Yahoo! Finance]Yahoo! Finance