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Julius Baer targets $159m cost savings in turnaround drive

Wealth Management

Professional Services Correspondent

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Julius Baer is targeting a fresh round of cost savings as its new chief executive Stefan Bollinger pushes to turn around the Swiss wealth manager.

Julius Baer is aiming for an additional 130 million Swiss Francs ($159m) of savings by 2028, it said in a 3 June strategy update.

Swiss wealth manager sets new cost-cutting targets

James Booth

Business

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Therese Niklasson is leaving the fund house after just over three years in the role

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The new deal means Boeing avoids a trial that was scheduled to start June 23 in connection with the two crashes, which left 346 people dead.

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Trump Bans Citizens of 12 Countries From Traveling to U.S.

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