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Saxo Bank Sells Stake in RegTech Firm to Majority Owner Geely Group

Saxo Bank Sells Stake in RegTech Firm to Majority Owner Geely Group
Saxo Bank has sold its stake in the regulatory technology (RegTech) platform, Saxo Fintech, to its largest shareholder, China-based Geely Holding Group, in a major move targeted at “strengthening its focus on core business and market.” The Danish investment bank and online trading provider announced the sale today (Thursday), noting a change in its ownership structure. Geely Group Buys Out Saxo FintechSaxo Fintech, formally called Saxo Geely Tech Holding A/S, is a fintech firm previously jointly... Read More
Posted: Jun 29 2023, 13:20
Author Name: financemagnates
Views: 102866

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