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Saxo Bank expands globally

The bank's private wealth management (PWM) business was originally established in May 2006. PWM is run out of the bank's head office in Copenhagen, where a large number of PWM customers are based.

But Soeren Mose, Saxo Bank's executive director for private wealth management, said the bank plans to expand the business globally. Part of the bank's plans includes developing its online trading platform, Saxo-Trader, into an online wealth management platform. This will help drive the expansion of the

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