Tag: Saxo bank

Danish Saxo bank partner up with Geely Sweden Holding AB to strengthen financial establisments in China

China’s Geely Sweden Holdings AB, a subsidiary of Zhejiang Geely Holding Group Co Ltd, and Denmark’s Copenhagen Saxo Bank A/S signed an agreement on 17th December to established a new joint venture aimed to provide financial and regulatory technology solutions to financial institutions in China. The new company will reportedly utilize all of the cutting-edge…

Chinese car company buys part of Danish Saxo Bank

The Chinese car company Geely bought a stake in Saxo Bank to strengthen the company’s ability to provide on-demand cars. China’s Zhejiang Geely Holding Group acquired a 52% stake in Saxo Bank from its founders and institutional investors on 14 September, according to Asia Nikkei Review. The purchase price was undisclosed, but the transaction values…

Swedish delegation, Nordic participation in Singapore FinTech Festival 2017

As the annual Singapore FinTech Festival (organised by Monetary Authority of Singapore) returns on 13-17 November 2017 it comes with strong elements of Nordic participation, including a Swedish business delegation. By arranging the festival Singapore is out to benefit from Fintech (financial technology) – and learn from its peers. The festival features workshops, a 3-day…