Wealth and Asset Management
BLKB makes impairments on radicant holding ag and announces personnel changes
BLKB is making impairments of CHF 105.5 million on its investment in radicant holding ag (radicant). The adjustments are primarily due to unforeseen problems in the integration of the trust business of radicant business services ag¹ and an excessively high cost base at the radicant companies. BLKB is planning a…
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