Etiket: Signa
Investigations into suspected money laundering at Signa Group
The Munich public prosecutor’s office has confirmed investigations into suspected money laundering at the insolvent Signa Group of the Austrian entrepreneur René Benko. A spokeswoman for the investigative authority said…
Bankruptcy proceedings opened against Signa founder Benko
The Austrian investor René Benko is bankrupt. The Innsbruck regional court opened corresponding insolvency proceedings on Friday, as a court spokesman announced. The founder of the ailing real estate and…
Berlin’s construction senator is backing away from the agreement with Signa
Berlin’s Building Senator Christian Gaebler is moving away from cooperation with the Signa Group. The SPD politician said on Monday in the Committee for Urban Development, Building and Housing that…
6.3 billion euros in claims on insolvent Signa Prime
Creditors are demanding around 6.3 billion euros from the luxury real estate unit of the ailing Signa Group. The insolvency administration announced on Monday in Vienna that around 2.6 billion…
Former Chancellor Gusenbauer leaves the supervisory boards of Signa subsidiaries
Former Austrian Chancellor Alfred Gusenbauer has announced his resignation as chairman of the supervisory board of two subsidiaries of the insolvent Signa Group. Gusenbauer will resign from the supervisory boards…
Signa sells luxury real estate in Austria
The luxury real estate company Signa Prime Selection AG is selling valuable properties in Austria as part of its insolvency proceedings. As the insolvency administration announced on Tuesday evening, the…
Criminal charges against Signa
According to media reports, a group of investors have filed a complaint against Signa Development Selection AG with the Vienna public prosecutor’s office for economic crimes. This develops and rents…
Julius Baer writes off Signa loans and changes boss
Bank Julius Baer wants to clear the air after the Signa debacle. CEO Philipp Rickenbacher is resigning with immediate effect, the group announced on Thursday when the figures were presented…
Julius Baer writes off Signa loans and changes boss
ZURICH (dpa-AFX) – Bank Julius Baer wants to come clean after the Signa debacle. CEO Philipp Rickenbacher is resigning with immediate effect, the group announced on Thursday when the figures…
Signa investor sees hope for many creditors
According to an important investor, many creditors of the insolvent parts of the Signa Group could get away with a black eye. “If the restructuring is successful, (…), I believe…