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Saxo bank increases client assets five-fold to $116 billion
Copenhagen-based broker Saxo Bank has achieved a major milestone, surpassing $116 billion (DKK 800 billion) in client assets. This is a record-breaking feat for the Danish broker, which took 25 years to reach DKK 150 billion and then just 6 years to increase that figure five-fold, adding an additional DKK 650 billion. Saxo Bank said this achievement shows its steady growth in client numbers and deposits, cementing its place as a top financial provider even in tough economic times. Meanwhile, the forex bank won more clients with total active accounts crossing 1.2 million for the first time in the company’s +30-year ... (full story)