Saxo Bank’s profits soar
The Danish bank said balanced growth in white-label partnerships, institutional clients and direct professional trading clients over the past year boosted profits from Dkr65 million in 2003.
The results confirmed the bank’s business model and strategic focus as a provider of an aggregated liquidity solution at a global basis. "This is how the bank is able to deliver a best-in-class approach to serving the ultimate trading client," said Kim Fournais, co-chief executive at the bank in Copenhagen.
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