Julius Baer Warns of Lower Profit as Credit Provisions Jump
Julius Baer Group Ltd. warned that its full-year profit will probably decline after provisions for bad loans jumped,
2023-11-20 16:53
Signa Prime Pursues Investors to Bridge €2 Billion Fund Gap
Austrian tycoon Rene Benko’s Signa Prime unit has approached investors over the last few days seeking up to
2023-11-16 14:53
Selfridges Thai Co-Owner to Take Control as Signa Struggles
Thai conglomerate Central Group said it’s taken control of the company behind London’s landmark Selfridges department store after
2023-11-15 01:51
Billionaire Benko’s Property Woes Risk Leaving Scars in Hamburg
A concrete skeleton looming over Hamburg’s harbor was supposed to be the crown jewel of a historic revitalization
2023-11-11 14:57
Lemssouguer’s Arini Hedge Fund Among Signa Unit Bondholders
Arini, the hedge fund founded by former Credit Suisse debt trader Hamza Lemssouguer, is among the largest bondholders
2023-11-10 18:22
Troubled Real Estate Firm SBB Faces Bond Repayment Demand
Embattled Swedish landlord SBB is facing an inflection point after Fir Tree Partners demanded its money back, according
2023-11-10 16:21
Landlord SBB Faces Demand for Bond Repayment on Breach Claim
Embattled Swedish landlord SBB is facing an inflection point after one of its creditors demanded its money back,
2023-11-10 15:28
Signa Ditches Embattled Founder to Save €23 Billion Empire
Signa Holding GmbH replaced founder Rene Benko with a restructuring expert as a financial crunch threatens the troubled
2023-11-08 23:15
Saudi Arabia’s PIF Taps Advisers for Its Debt Exposure to Signa
Saudi Arabia’s sovereign wealth fund has tapped law firm Latham & Watkins LLP to advise on the lending
2023-11-08 02:26