J. Safra Sarasin completes acquisition of Saxo Bank majority stake

The Swiss private bank taps Daniel Belfer as the new CEO of Saxo Bank after finishing its acquisition of a majority stake in the Danish firm.
J. Safra Sarasin completes acquisition of Saxo Bank majority stake

Swiss private bank J. Safra Sarasin Group has finished its acquisition of a 71% stake in Denmark’s Saxo Bank, bringing together two financial firms with combined client assets of more than $460 billion.

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