Tag: Lars Seier Christensen

forex industry news update
May 28, 2017 BY LeapRate Staff

Forex Industry Week Review: Binary options CEO ousted, Euronext-FastMatch and ThinkMarkets-Trade Interceptor, and lots more…

Mergers and Acquisitions activity led Forex Industry News this past week, on both the retail and institutional sides of the sector. The key deals - Euronext NV (EPA:ENX) buying FastMatch and ThinkMarkets acquiring Trade Interceptor - highlighted two of the key FX industry trends we've reported a lot on of late: consolidation, and the growing importance…

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Saxo Bank Geely group London Taxi
May 05, 2017 BY LeapRate Staff

London Taxis and Forex: Geely Group buys 30% stake in Saxo Bank

Copenhagen based multi-asset broker Saxo Bank has announced that co-founder Lars Seier Christensen will be fully exiting from his ownership interest in the company, selling his 25.71% stake to Chinese conglomerate Geely Group. Certain minority shareholders are expected to exercise tag-along rights as part of the offer from Geely, which is expected to own about 30% of…

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February 25, 2016 BY Maria Nikolova

Lars Seier Christensen, Bjarne Riis to launch World Tour cycling team

A follow-up to LeapRate's earlier report about the collaboration between Lars Seier Christensen, Saxo Bank co-founder and former co-CEO, and Bjarne Riis, a former manager of the Tinkoff-Saxo team and 1996 Tour de France winner. Earlier today, Mr Riis and Mr Christensen unveiled more information about the project, dubbed Riis*Seier. Both have invested around EUR 5…

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February 03, 2016 BY LeapRate Staff

Saxo Bank co-founder starts new venture capital firm Seier Capital - LeapRate Exclusive

It looks like he won't be retiring after all. LeapRate has learned that Saxo Bank co-founder and longtime co-CEO Lars Seier Christensen has set up a new venture capital firm called, appropriately, Seier Capital. The Seier Capital website went live this week at www.seiercapital.com. Lars Seier Christensen resigned from Saxo Bank’s Board of Management after 20 years…

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September 25, 2014 BY Mike Fox

Saxo Bank CFO states IPO option on the table as TPG Capital to sell its stake

Bloomberg is reporting that popular Copenhagen-based global brokerage Saxo Bank A/S is exploring several options to generate cash, including an initial public offering, as it prepares for TPG Capital to sell its stake, Chief Financial Officer Steen Blaafalk said. Saxo, which said this month it plans to add Saudi, Egyptian and Qatari equities to the…

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