Saxo Bank announces lower profit, but record number of new clients in 2019 report LeapRate

April 01, 2020 BY Valentina Kirilova

Saxo Bank announces lower profit, but record number of new clients in 2019 report

Kim Fournais, CEO and Founder, Saxo Bank, commented on the results: The result for 2019 is affected by difficult market conditions during the year, with all-time low volatility across most financial markets and continued negative interest rates in many markets. At the same time, the result is negatively impacted by significant price reductions across asset…

February 23, 2018 BY LeapRate Staff

Saxo Bank revenues and profits slow during second half of 2017

Copenhagen based multi asset brokerage group Saxo Bank A/S has released its financial results for 2017, showing moderate growth and improved profitability over 2016, but also revealing that the company's business slowed considerably in the second half of the year. For the full year 2017, Revenues at Saxo Bank came in at DKK 3.03 billion…

September 30, 2016 BY LeapRate Staff

Saxo Bank reports higher profits and client assets in First Half 2016 as diversification strategy yields results

Copenhagen-based Multi Asset broker Saxo Bank has reported a net profit of DKK 158 million (about USD $24 million) for the first six months of 2016. Client collateral deposits continued to rise at Saxo Bank, up by DKK 6 billion compared to H1 2015, to reach a record high of DKK 82 billion. Revenues at Saxo Bank…

Tag: Saxo Bank revenues