Telenor Names Benedicte Schilbred Fasmer CEO

Fasmer is currently CEO of SpareBank 1 SR-Bank, and has previously been a group executive vice president at insurance company Fremtind Forsikring and head of corporate banking at DNB Bank.

Julius Baer Flags Recovery in Client Activity

The private bank’s assets under management stood at $514 billion at the end of April, boosted by a positive currency impact and strong stock markets which was partly offset by lower bond market valuations.