J. Safra Sarasin Group acquires majority stake in Saxo Bank

2nd March, 2026

Sunaina Agarwal

The Safra group has bought 71% stake in Saxo Bank to enable enhanced global potential and strategic growth. The group has appointed Elie Sassoon as new chief executive, while Daniel Belfer will be the new chief executive at Saxo.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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