Holy Ghost increases Saxo stake
Euromoney, is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Foreign Exchange

Holy Ghost increases Saxo stake

Okay, so something got lost in the translation, but Portugal’s Espirito Santo Financial Group (ESFG) has increased its share holding in Saxo Bank from 2.5% to 5%. In total, ESFG, with its subsidiary Banco Espirito Santo, now owns around 10% of Saxo. At the same time, Saxo is acquiring 25% of Banco Best, the online subsidiary of ESFG and Banco Espirito Santo. The transactions follow an initial agreement signed in January 2008. 

...while Saxo also goes Dutch

Gift this article