Swiss Bank J. Safra Sarasin to Buy Majority Stake in Saxo Bank For $1.2 Billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 10 2025
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Source: WSJ
Acquisition Details: Swiss private banking group J. Safra Sarasin has agreed to acquire a majority stake in Saxo Bank for approximately $1.21 billion, finalizing a lengthy search for a new owner for the Danish online trading firm.
Strategic Review Background: The major shareholders of Saxo Bank initiated a strategic review last summer to explore growth opportunities and potential new investors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
