Julius Baer, Siam Commerical JV appoints Adrian Mazenauer as CEO
SCB Julius Baer on Tuesday said it has appointed Adrian Mazenauer, currently the head of its wealth management business in Thailand, as its CEO. Mazenauer, who is also the company's deputy CEO, will be heading the joint venture backed by Swiss wealth manager Julius Baer and Thailand's Siam Commerical Bank.
SCB Julius Baer names CEO
SCB Julius Baer, a strategic wealth management joint venture between Siam Commercial Bank and Swiss wealth management firm Julius Baer, has named Adrian Mazenauer as its CEO, starting immediately.
Julius Baer’s new CEO culls board jobs, signals more job cuts on the way
Julius Baer had reportedly discussed reducing its workforce by 10% or less. The bank had about 7,400 employees at the end of 2023.
Julius Baer announces 400 job cuts, executive board revamp
JULIUS Baer Group’s new chief executive officer Stefan Bollinger announced a radical revamp of the bank’s leadership and a cost-cutting drive that will claim hundreds of jobs at the Swiss wealth manager.
Julius Baer, Siam Commercial JV appoints Adrian Mazenauer as CEO
SCB Julius Baer on Tuesday said it has appointed Adrian Mazenauer, currently the head of its wealth management business in Thailand, as its CEO. Mazenauer, who is also the company's deputy CEO, will be heading the joint venture backed by Swiss wealth manager Julius Baer and Thailand's Siam Commercial Bank.
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Julius Baer sheds 400 jobs, downsizes executive board
The company’s executive board has now been trimmed from 15 to 5 members, as the bank eyes another CHF110m in cost savings.
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The Bank Employees' Association criticizes «clear-cutting» at Julius Baer
The planned job cuts at Julius Baer have outraged the Swiss Bank Employees' Association (SBPV). In addition to the scale of the job reductions, the organization particularly criticizes the excessive ...
Swiss watchdog starts enforcement action against Julius Baer
Switzerland’s financial regulator has opened enforcement proceedings against Julius Baer, the latest hit to the Swiss wealth manager from its exposure to failed property group Signa.
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Swiss banking giant Julius Baer to lay-off nearly 400 employees
Swiss banking giant Julius Baer has announced plans to cut its workforce by around 5%. The layoff is as part of a cost-saving ...
Julius Baer price target lowered to CHF 65 from CHF 70 at RBC Capital
RBC Capital lowered the firm’s price target on Julius Baer (JBAXY) to CHF 65 from CHF 70 and keeps an Outperform rating on the shares.Maximize ...
Signa-Nachspiel: Gegen Julius Bär läuft Enforcement-Verfahren
Im Nachgang der Belastungen, die Julius Bär im Zuge der Signa-Pleite zu schultern hatte, steht die Bank nun im Fokus eines ...
Julius Baer Shares Fall After Hundreds of Job Cuts Envisioned In Savings Push
Julius Baer posted an increase in earnings after the wealth manager drew in more money and managed assets in 2024. The Swiss ...
Julius Baer price target lowered to CHF 66 from CHF 68 at JPMorgan
JPMorgan analyst Amit Ranjan lowered the firm’s price target on Julius Baer (JBAXY) to CHF 66 from CHF 68 and keeps an Overweight rating on the ...