Saxo Bank Revenues Spike Higher as Company Returns to Profit in 2016

[kreslik.news]

Danish multi-asset provider, Saxo Bank has reported its full year 2016 results across its entire business segment and operations – the figures show an outperformance across the board as the group saw several key metrics rebound sharply from the previous year, per a company filing.

2016 shaped up to be an upbeat year for Saxo Bank – the group saw its financials also improve on a year-over-year basis, having been devoid of any major market calamity such as the Swiss National Banking (SNB) crisis in 2015. Looking at its full year results, Saxo’s operating income climbed to $420.0 million (DKK 2.9 billion) ... (read more)