Swiss Banking's Hot Spots in 2018
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7. Julius Baer, After Boris Collardi
Switzerland's third-largest private bank after UBS and Credit Suisse was blindsided in November, when CEO Boris Collardi defected. The bank, under chairman Daniel Sauter and new CEO Bernhard Hodler, needs to show it can maintain its immense growth momentum without the dynamic, young CEO.
While Julius Baer faces an ally-turned-competitor, Hodler will struggle to shake the placeholder status with which he took the job. Sauter, who needs to present a big name to succeed Collardi, will inevitably talk to former UBS private bank head Juerg Zeltner, who left that bank suddenly after 30 years last month.
