Friday, December 05, 2008

Swiss Cheese

Reuters reports: Bank Julius Baer CEO dies unexpectedly.

Alex Widmer, the chief executive of Bank Julius Baer (BAER.VX: Quote, Profile, Research) 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.

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