Tag: ACON Actienbank AG

Almost 11 months after JFD Brokers started the acquisition of the investment bank ACON, the German financial industry regulator Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) as well as the Central Bank of Germany (Bundesbank) approved the deal. With the acquisition, the multi asset broker and portfolio manager JFD Brokers enhances its product portfolio with investment banking, trading…

CySEC regulated retail forex and CFDs broker JFD Brokers has announced that it has acquired 51% of established German investment bank ACON Actienbank AG. JFD did not give a price for the acquisition, but did state that it also holds an option to acquire an additional 20% of ACON in the future, which could take its…