March 18, 2015 BY Andrew Saks-McLeod

Saxo Bank doubles profits as client inflows continue and collateral deposits reach new highs

Saxo Bank has today announced that it has more than doubled its year-on-year net profit in 2014, with earnings reaching DKK 381 million for the year ending 31 December 2014. Client collateral deposits held with Saxo Bank increased by DKK 17.6 billion year-on-year, reaching a record high of DKK 68.2 billion. The collateral deposits continued to climb…

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