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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 08:43 AM
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Julius Baer CEO dies unexpectedly
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Edited on Fri Dec-05-08 08:44 AM by formercia
Source: Reuters


Reuters
Julius Baer CEO dies unexpectedly
Friday December 5, 6:59 am ET

By Katie Reid

ZURICH (Reuters) - Alex Widmer, the chief executive of Bank Julius Baer (VTX:BAER.VX - News) and a well respected figure in Swiss private banking, has died unexpectedly at the age of 52, the bank said.

A source told Reuters he had been informed by close friends of Widmer's family that the banker had committed suicide.

Swiss news website 20Minuten cited two unnamed independent sources as saying it was a case of suicide.

Swiss police declined to comment on the death.

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Read more: http://biz.yahoo.com/rb/081205/business_us_juliusbaer.h...



Another one bites the dust.
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