Julius Baer Group (JGE.F,BAER.SW) announced organisational and leadership changes. Nic Dreckmann will step down as COO and Deputy CEO on 13 April 2026 by mutual agreement. He will leave the company by summer 2026. The appointed COO Jean Nabaa has over 20 years of international experience in financial services. He joins Julius Baer from HSBC, where he was most recently COO for International Wealth and Premier Banking and COO for Global Private Banking.
Julius Baer noted that a new Group Communications function will also be established and be led by Cindy Leggett-Flynn, who will join Julius Baer in January 2026.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.