Just months after completing its majority acquisition of Saxo Holding, Bank J. Safra Sarasin has moved to acquire the remaining stake held by founder Kim Fournais, making it the sole shareholder of the group.

Just months after completing its majority acquisition of Saxo Holding, Bank J. Safra Sarasin has moved to acquire the remaining stake held by founder Kim Fournais, making it the…

The Basel-based private bank J. Safra Sarasin has acquired Saxo Bank, a Danish firm specialising in online investment and trading, in its entirety.

J. Safra Sarasin acquires the remaining 28.69% stake in Saxo Bank, creating a $460B+ asset management entity with crypto-adjacent trading capabilities.