Julius Baer stock tumbles amid loan exposure concerns By Investing.com – Canada Boosts
© Reuters. Swiss non-public banking group Julius Baer has put aside important reserves following revelations of a problematic mortgage publicity to a single European conglomerate, triggering issues concerning the financial institution’s threat administration practices and sending its shares down sharply. The Zurich-based financial institution disclosed a full single publicity of CHF 606 million for this…