Legal merger of BinckBank N.V. and Saxo Bank A/S to take place on 1 July 2024
The legal merger of BinckBank N.V. and Saxo Bank A/S is confirmed and will take place on 1 July 2024.
Saxo Bank News
Saxo Bank trading volumes decline 20% in May as FX drops to multi-year low
Saxo Bank’s core FX trading volumes came in at $79.6 billion for the month, the lowest level they have been at since 2016.
Saxo Bank plans changes to sub-account transfer across currencies
Saxo Bank has announced that cross currency sub-account transfers during FX non-trading hours will no longer be supported starting mid/end June 2024.
Saxo UK hires InvestCloud exec Andrew Bresler as CEO
The hiring marks a return for Andrew Bresler, who was Deputy Head of Sales Trading at Saxo in Singapore from 2016 to 2018.
Saxo’s Global Sales and SXO to merge into single entity named Group Commercial
Saxo Bank has announced the merger of its Global Sales and Saxo Experience Office (SXO) into a single entity named Group Commercial.
Saxo Bank reports client assets exceeding DKK 800 billion
Multi-asset investment specialist Saxo Bank has reached another significant milestone, exceeding DKK 800 billion in client assets.
Sampo completes transfer of its Saxo Bank stake to Mandatum
The parties had previously agreed that the Saxo Bank stake would be included with Mandatum, when Mandatum was spun off of Sampo.
Saxo Bank volumes rebound in April 2024 led by record Equities and Commodities trading
The increased trading activity comes at a very good time for Saxo Bank, which is trying to find a buyer for the company.
Saxo Bank hiring investment bankers to explore sale
Saxo Bank attempted to go public in 2022 via a merger with a Euronext Amsterdam listed special purpose acquisition company (SPAC).
Saxo Bank issues reminder for WLs with delegated end-client EMIR reporting
Multi-asset investment specialist Saxo Bank has issued a reminder to white labels with delegated end-client EMIR reporting.
