You just can’t keep Saxo out of the news. One week, the cycling team it sponsors is winning the world’s biggest annual sporting event, and the next it’s announcing that it has carried out an organizational restructuring of its senior management. With this much news flow, I can only assume that the bank is gearing up for an IPO.
The latest development sees joint founders and chief executives Kim Fournais and Lars Seier Christensen stepping aside from running the daily minutiae of the bank.
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