Signa’s Lofty Property Valuations Point to Brutal Pain to Come
The Upper West high-rise overlooking Berlin’s bustling Kurfürstendamm shopping boulevard is one of many glittering trophies in the
2023-12-02 16:49
UniCredit Lent About $650 Million to Benko’s Troubled Signa
UniCredit SpA has lent about €600 million ($655 million) to companies that are part of Austrian tycoon Rene
2023-12-01 17:56
Signa Insolvency Engulfs Galeria Stores, Halts Frasers Deal
The insolvency of Signa Holding GmbH is starting to cause ripple effects across Rene Benko’s property and retail
2023-11-30 23:46
Signa Files for Insolvency as Cash Crunch Fells Luxury Empire
Tycoon Rene Benko’s Signa filed for insolvency after a last-ditch attempt to raise emergency funding failed, making the
2023-11-29 18:57
Citi Is in Group That Lent Money to Insolvent Signa Unit
Citigroup Inc. is among lenders that have provided credit to a now-insolvent unit of Rene Benko’s Signa group
2023-11-29 02:16
Signa Insolvency Wave Nears as Last-Ditch Fund Talks Falter
Rene Benko’s €23 billion ($25 billion) retail and property empire is on the cusp of a wave of
2023-11-27 20:45
Julius Baer to Review Private Debt Business Over Signa Exposure
Julius Baer Group Ltd. is reviewing its private debt business after running up an exposure of 606 million
2023-11-27 15:51
Signa Holds Last-Ditch Funding Talks as Insolvency Wave Looms
Signa is holding last-ditch talks with investors, hoping to secure a funding lifeline and avoid a wave of
2023-11-26 05:18
Benko’s €23 Billion Empire Starts Crumbling With Insolvency
A unit of Signa Prime Selection AG filed for insolvency in a Berlin court on Friday, Der Spiegel
2023-11-25 03:24
What We Know About Banks at Risk From Benko’s Crumbling Empire
The crumbling of Austrian tycoon Rene Benko’s property empire has investors on edge. Swiss lender Julius Baer Group
2023-11-23 22:59
Julius Baer’s €600 Million Loans to Signa Draw Swiss Scrutiny
Julius Baer Group Ltd.’s exposure to the crumbling empire of Rene Benko is being monitored by Swiss regulator
2023-11-22 00:16
Signa Prime Pursues Investors to Bridge €2 Billion Fund Gap
Austrian tycoon Rene Benko’s Signa Prime unit has approached investors over the last few days seeking up to
2023-11-16 14:59