SOURCE: Saxo Bank A/S

July 14, 2008 13:33 ET

Press Release: Saxo Bank CEOs Praise Team CSC-Saxo Bank Following 10th Stage of Tour de France

GENTOFTE, DENMARK--(Marketwire - July 14, 2008) - Team CSC-Saxo Bank riders set a cracking pace during the 10th stage of the Tour de France and the two CEOs of Saxo Bank, one of the world's leading online investment banks, congratulated the riders following the stage.

"We have followed the stages, and like all others in Saxo Bank, we are thrilled by the achievements of the team. Today's stage shows that Team CSC-Saxo Bank is one of the world's best teams and has every chance to win this year's Tour," says Lars Seier Christensen, joint CEO of Saxo Bank and co-founder of the bank together with Kim Fournais.

Team CSC-Saxo Banks Fränk Schleck was one second late from taking over the Yellow Jersey and Lars Seier Christensen praised Schleck and his fellow riders.

"Team CSC-Saxo Bank beat up the tempo today and we are very proud of the team. Everyone gave it their very best again. That's what it's all about, to be able to win both as a team and as a person. That's also how we work in Saxo Bank," says Lars Seier Christensen.

Saxo Bank became co-sponsors of the team in June. The agreement runs to the end of this year, and on January 1st, 2009, Saxo Bank becomes the sole main sponsor of the team that, from then on, will be known as Team Saxo Bank. The duration term of the contract is three years.

About Saxo Bank:

Saxo Bank is a global investment bank specialising in online trading in the international Capital Markets. Saxo Bank enables clients to trade Forex, CFDs, Stocks, Futures, Options and other derivatives, as well as providing portfolio management via the SaxoTrader, the leading online trading platform. The SaxoTrader has been developed by Saxo Bank and is available to today's investor directly through Saxo Bank or through one of our global collaborations, where it forms an integral part of their infrastructure. One of Saxo Bank's significant areas of business is White Labelling. This involves the Bank's online trading platform being customised and branded for other financial institutions and brokers. Saxo Bank has more than 120 White Label Partners and boasts thousands of clients in over 170 countries. Saxo Bank currently employs more than 1,300 employees from 72 different countries.

Saxo Bank is headquartered in Copenhagen with offices in London, Geneva, Zurich, Singapore and Marbella. It also runs a representative office in Beijing and an IT development centre in St. Petersburg.

Contact Information

  • Contact info:
    Kasper Elbjørn
    +45 30 65 43 00