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Outlet profile

Saxo Bank

Danish online investment bank (market research, not a news outlet); finance and markets focus, no clear partisan lean

Owned bySaxo Bank A/S, a Copenhagen-based bank. As of the most recent figures I found: Geely Financials Denmark (part of China's Zhejiang Geely Holding Group) holds about 49.9%, founder and CEO Kim Fournais's Fournais Holding about 28.1%, Finnish insurer Sampo about 19.8%, and minority shareholders about 2.2%.
FundingSaxo is a commercial bank and broker. It earns money from trading commissions, spreads, financing and custody fees, and white-label platform services for other banks. Its market commentary is free marketing content for its clients and the public. It is not funded by ads, subscriptions or the state.
On the administrationmostly neutral

Background

Saxo Bank was founded in Copenhagen in 1992 by Kim Fournais and Lars Seier Christensen as a pioneer of online trading. It grew into a platform that offers stocks, forex, futures and other products to retail and institutional clients, and it supplies technology to other banks. In 2017 Geely Holding Group agreed to buy a majority stake and Sampo agreed to buy about 19.9%. Regulatory approvals followed, and Geely held about 52% for several years. In 2023 Saxo sold its stake in the Saxo Geely Tech fintech joint venture to Geely, which reduced Geely's Saxo stake to about 49.88% as Saxo refocused on its core business. Its Strategy Team, including chief investment strategist Steen Jakobsen in earlier years, publishes daily Market Quick Takes, podcasts and macro outlooks. In 2025 and 2026 it has covered Trump administration tariffs, including the Liberation Day measures, the Greenland-related tariff threats, and the Supreme Court IEEPA tariff case. This coverage is framed around the effects on markets, gold, currencies and bonds, and it often raises concerns about fiscal discipline and policy uncertainty. As a commercial firm with Chinese corporate ownership, its content serves business interests and is not editorial journalism, so it has no clear partisan orientation. Readers should treat it as the analysis of a broker whose clients trade on the views it publishes. I did not independently verify the current leadership of the Strategy Team.

Sources

  1. Saxo Bank (Wikipedia)
  2. Geely Holding Receives Approval to Become Majority Owner of Saxo Bank
  3. Saxo Bank completes sale of FinTech joint venture to Geely Group
  4. Market Quick Take - Wider tariffs and another chip selloff as gold extends its run - 25 August 2026
  5. Trumps tariff threats over Greenland push hard assets back to centre stage

Profile compiled 2026-11-02; refreshed when ownership, funding, or the administration changes.

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