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fxJul 6, 2026, 12:00 AM

J. Safra Sarasin Takes Full Control of Saxo Bank with Purchase of Kim Fournais' Remaining Stake

Bank J. Safra Sarasin agreed to buy founder Kim Fournais' remaining 28.7% stake, taking 100% ownership of Saxo Holding AG and, indirectly, Saxo Bank. Saxo will continue operating separately, with Fournais staying on as chairman of the board.

Bank J. Safra Sarasin agreed to buy founder Kim Fournais' remaining 28.7% stake, taking 100% ownership of Saxo Holding AG and, indirectly, Saxo Bank. Saxo will continue operating separately, with Fournais staying on as chairman of the board.

Read the full story at Saxo Bank

Source: Saxo Bank