Saxo Bank doubles profits in 2014
Danish bank sees strong pick-up in trading volumes in second half of 2014,
Foreign exchange trading and investment firm Saxo Bank saw profits hit DKK 381 million ($54.2 million) last year, more than doubling the DKK 162 million gained in 2013, which the company says is a result of increased trading activity while retaining and attracting new clients.
This reflects a return to 2008 levels, which saw the Danish bank record DKK 339 million in profit, but still falls some way short of its returns in 2010 and 2011 when profits went above DKK 600 million.
Saxo Bank has also
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