Julius Baer Group Ltd. faces significant challenges due to its failed investment in the collapsed Signa Real Estate empire, resulting in a 15% stock slump and a €150 million loan secured with a share pledge. The bank's annual profit plunged over 50% due to the write-off on the Benko exposures. Swiss banks have been plagued with repeated setbacks, with Credit Suisse and Julius Baer facing similar failures in risk control, prompting the bank to rework its risk control structures and seek an external CEO.

Julius Baer's Real Estate Gamble Fails