Categories: Market

More interest in Julius Baer: Swiss boss also leaves the bank

class = “sc-cffd1e67-0 iQNQmc”>

1/5
The head of Switzerland is now leaving Julius Baer.

There was another management change at Bank Julius Baer. Gilles Stuck, head of the Swiss market, has resigned from his position, a spokesman for the Zurich private bank confirmed on Tuesday.

Stuck will reorient himself professionally outside Julius Baer, ​​the spokesman told the AWP news agency. Export is out of the question.

However: Stuck, who previously worked at Credit Suisse, joined Julius Baer in 2018 as Head of Structured Finance. According to “Bilanz”, at that time he already knew the Austrian real estate entrepreneur René Benko (46). Stuck then arranged the financing for Benko to take over Globus and Selfridges. It is not entirely clear whether he, who has since been promoted to head of Switzerland, was also actively involved in granting bad loans worth 606 million francs to Benko’s Signa Group.

More on the Benko debacle at Julius Baer
great copycat
This is how Julius Baer lost so much money because of Benko
Explosion in Bank Bär
CEO Rickenbacher forced to resign due to debacle at Benko
Analysis of CEO’s departure
How did Bank Bär fail Benko?
Julius Baer, ​​ZKB and Co.
Swiss Signa banks at a glance
Five times more depreciation?
Julius Baer likely to lose even more money due to Benko’s bankruptcy

A woman is taking over for now

Sonia Gössi (53), President of Julius Baer’s Switzerland and Europe Region, will now take over her duties on an interim basis. Stuck became head of the entire Swiss market in November 2021.

At the beginning of February, previous CEO Philipp Rickenbacher (52) resigned from his post and board member David Nicol (68) also resigned. (SDA/rae)

Source :Blick

Share
Published by
Tim

Recent Posts

Terror suspect Chechen ‘hanged himself’ in Russian custody Egyptian President al-Sisi has been sworn in for a third term

On the same day of the terrorist attack on the Krokus City Hall in Moscow,…

1 year ago

Locals demand tourist tax for Tenerife: “Like a cancer consuming the island”

class="sc-cffd1e67-0 iQNQmc">1/4Residents of Tenerife have had enough of noisy and dirty tourists.It's too loud, the…

1 year ago

Agreement reached: this is how much Tuchel will receive for his departure from Bayern

class="sc-cffd1e67-0 iQNQmc">1/7Packing his things in Munich in the summer: Thomas Tuchel.After just over a year,…

1 year ago

Worst earthquake in 25 years in Taiwan +++ Number of deaths increased Is Russia running out of tanks? Now ‘Chinese coffins’ are used

At least seven people have been killed and 57 injured in severe earthquakes in the…

1 year ago

Now the moon should also have its own time (and its own clocks). These 11 photos and videos show just how intense the Taiwan earthquake was

The American space agency NASA would establish a uniform lunar time on behalf of the…

1 year ago

This is how the Swiss experienced the earthquake in Taiwan: “I saw a crack in the wall”

class="sc-cffd1e67-0 iQNQmc">1/8Bode Obwegeser was surprised by the earthquake while he was sleeping. “It was a…

1 year ago