After a period of strong internal tensions, the CEO of Kairos Fabio Bariletti resigns and the Swiss of Julius Baer renounce the sale of the Italian asset management and private banking company
The Swiss complete the acquisition of Kairos but confirm its full autonomy - Paolo Basilico: "From an operational point of view, nothing will change because the Italian management will retain complete managerial autonomy, as it has been in all these years" -…
Julius Baer, which has increased its stake in Kairos to 80%, from the previous stake of 19,9% acquired in 2013 - The second phase is underway which provides for the placement by Julius Baer of a minority stake of…