Saxo Bank is forging links with financial firms from banks to family companies as it triples the share of its revenues from the Middle East.
The Danish bank, which specialises in online trading and investments, will focus this year on more direct business with private investors in the high-net worth segment of the market, said Lars Christensen, the bank's chief executive.
"We've been seen as a retail business, but people maybe underestimate how many clients we have in the high-net worth category as well. This year a lot of the focus is on expanding our footprint in the very high-end trading segment."
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