Finma closes Julius Baer Signa proceedings, ordering CHF 250m extra capital and CHF 10m confiscation

Swiss regulator Finma has closed its proceedings against Julius Baer over the Signa collapse and money-laundering allegations, requiring CHF 250m in additional capital and confiscating CHF 10m. Reports also point to a possible share buyback at the bank.

Detected & updated continuously · Source: Nebula