February 05, 2018 BY Valentina Kirilova

Saxo Bank sells Privatbank to Alm for US$60 million

Copenhagen based Saxo Bank's new ownership group is moving rapidly to reshape the company, with the latest move being a just-announced sale of one of its major units for USD $60 million, alongside a new partnership with the buyer. Saxo Bank announced this morning the sale of subsidiary Saxo Privatbank, a fully licensed retail bank with…

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