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tyrolean tycoon rené benko arrested amid billion-dollar real estate collapse
René Benko, the Tyrolean tycoon at the center of the billion-dollar collapse of the Signa real estate group, has been arrested at his villa in Innsbruck on the orders of Austrian authorities. The 47-year-old is under investigation in multiple countries, with significant financial losses reported by Swiss banks, including the Cantonal Bank of Graubünden and Julius Bär, due to unpaid loans to the group.
Sergio Ermotti leads Swiss media mentions despite decline in visibility
Sergio Ermotti dominated Swiss media in 2024 with 4,755 mentions, significantly outpacing other business leaders. Despite a 29% drop from 2023, he remains the most prominent figure, while Thomas Jordan and Thomas Schlegel follow with 3,973 and 2,608 mentions, respectively. The media landscape also saw notable mentions related to the Benko scandal and political initiatives against the EU.
julius baer surprises with appointment of stefan bollinger as new ceo
Julius Baer has appointed Stefan Bollinger, a 50-year-old Swiss wealth manager and Co-Head of Private Wealth Management EMEA at Goldman Sachs, as its new CEO, effective January 9, 2025. His selection comes amid challenges following a costly debacle with investor René Benko, but Bollinger's clean slate and personable nature may help rebuild client trust. This unexpected choice echoes the bank's past success with Boris Collardi, who navigated significant challenges during his tenure.
raiffeisen switzerland boss huber appointed new gkb chairman starting 2025
Huber has been elected as the new Chairman of the Graubünden Cantonal Bank (GKB) for the term from July 1, 2025, to June 30, 2029. Currently the Chairman of Raiffeisen Switzerland, he will succeed Peter Fanconi, who is stepping down early amid scrutiny over GKB's lending practices but will remain in his role until June 2025 to ensure a smooth transition.
raiffeisen ceo heinz huber resigns to lead graubündner kantonalbank
Heinz Huber, CEO of Raiffeisen Switzerland, will resign unexpectedly on December 31, 2024, to become Chairman of Graubündner Kantonalbank (GKB) in July 2025. Christian Poerschke will serve as interim CEO during the transition, as the bank seeks both internal and external successors. Huber's tenure at Raiffeisen saw significant growth despite challenges, including a scandal that impacted the bank's reputation.
heinz huber transitions from raiffeisen to lead graubündner kantonalbank
Heinz Huber, chair of Raiffeisen Switzerland, will transition to president of Graubündner Kantonalbank (GKB) on July 1, 2025, after nearly six years at Raiffeisen. His departure, surprising given his recent commitment to Raiffeisen, follows a period of significant financial success, with profits soaring to 1.39 billion Francs. Huber's new role comes amid leadership changes at GKB, as he aims to drive innovative banking practices and growth strategies.
Heinz Huber appointed Chairman of Graubündner Kantonalbank after Raiffeisen tenure
Heinz Huber, after six years at the helm of Raiffeisen Switzerland, will step down at the end of the year to become Chairman of Graubündner Kantonalbank in July 2025. His tenure saw internal reforms and a profit increase, but critics argue he failed to innovate or diversify the bank's offerings. Huber's successor at Raiffeisen is yet to be determined, with CFO Christian Poerschke temporarily leading the bank amid ongoing strategic challenges.
Heinz Huber Resigns as Raiffeisen CEO to Lead Bündner Kantonalbank
Heinz Huber will leave his position as CEO of Raiffeisen at the end of the year, transitioning to Chairman of the Board of Directors at Bündner Kantonalbank in July 2025. His tenure at Raiffeisen, marked by significant reforms and a failed super app launch, has been overshadowed by digitalization challenges and internal frustrations.
Heinz Huber Departs Raiffeisen After Six Years Amid Digital Setbacks
Heinz Huber's unexpected departure as CEO of Raiffeisen Switzerland follows a successful tenure marked by significant growth, including a rise in group profit from CHF 835 million to CHF 1.39 billion. Despite expanding its client base amid Credit Suisse's decline, the bank faced setbacks in digital services, notably with a delayed app launch. Huber will take over as President of Graubünden Kantonalbank, succeeding Peter Fanconi amid scrutiny over a controversial loan.
Heinz Huber to Lead Graubünden Kantonalbank After Leaving Raiffeisen
Heinz Huber, CEO of Raiffeisen since January 2019, will leave the bank at the end of the year to become Chairman of Graubünden Kantonalbank in July 2025, succeeding Peter Fanconi, who is stepping down amid scrutiny over a controversial loan. Christian Poerschke will serve as interim CEO of Raiffeisen during this transition.
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