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banks

J. Safra Sarasin Group to acquire remaining stake in Saxo Bank

Bank J. Safra Sarasin has announced an agreement to acquire the remaining stake held indirectly by Kim Fournais in Saxo Holding AG, representing approximately 28.69 per cent, following Bank J. Safra Sarasin’s exercise of a call option in the shareholders agreement entered between the parties. 

Bjorn Ebert, PwC

Border-blind: can bank mergers go pan-European?

Björn Ebert, Financial Services Leader at PwC Luxembourg, writes that in 2007, European Banks held eight of the top 10 spots worldwide in terms of total assets, were growing fast and acquiring aggressively.

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