Julius Baer Private Bank Head Widmer Dies at Age 52

Julius Baer Private Bank Head Widmer Dies at Age 52: Julius Baer Holding AG, Switzerland’s biggest independent wealth manager, said private banking head Alex Widmer died at age 52. Widmer passed away “unexpectedly” on Wednesday night, the bank said in a statement from Zurich. Spokesman Jan Bielinski declined to give a cause of death, saying “it’s a matter of privacy for the Widmer family” and “there is no link between their personal tragedy and the ongoing business of the bank.”