Danske Bank and Baader Bank announce Cooperation Agreement
Unterschleissheim, 4 February 2020: Danske Bank and Baader Bank today announced their cooperation, with the intention of creating unique platform infrastructure in research and trading by cross-fertilizing their business activities.
Whereas Danske will distribute the Baader Europe research and conference product with its unique platform technology and one of the largest European coverages in Finland and Denmark (in addition to its Scandinavian coverage), Baader Bank will use Danske Bank's strong Scandinavian roots to enlarge the offering for its corporate clients in terms of conference and roadshow and for its institutional clients in terms of conference access.
Oliver Riedel (Member of the Board of Directors, Baader Bank), said "Danske Bank with its strong Scandinavian franchise will improve the distribution of our highly ranked research. Despite the research distribution agreement with Danske Bank, Baader Bank will continue to offer Execution services to investors in Finland and Denmark".
Jukkapekka Laurila (Head of Equities Finland, Danske Bank), added, "Baader Bank has strong research product and coverage - in particular in the GSA and French speaking regions - with an outstanding track record, its leading research technology platform and therefore is the perfect complement to our client offering".
About Danske Bank:
Danske Bank is a Nordic universal bank with strong local roots. Danske's core markets are Denmark, Sweden, Finland and Norway. Furthermore, with presence in 11 additional countries, Danske serves the global needs of its Nordic customers, whilst providing an entry point to the Nordic region for international corporate and institutional customers.
About Baader Bank AG:
Baader Bank is the bank for the capital market. It allows its clients to access international capital markets and to invest in financial products in an effective, efficient and secure manner. The bank uses the latest innovations in the banking industry for products, processes and technology to generate added value for its clients. As a family-run, full-service bank with its headquarters in Unterschleissheim near Munich with around 400 employees, it is active in the business lines of Market Making, Capital Markets, Multi Asset Brokerage, Asset Management Services, Banking Services and Research.
Baader Bank has together with its cooperation partner AlphaValue one of the largest pan-European coverage offerings of over 600 companies from 30 sectors. The interactive Baader Europe research platform enables investors to compile their research preferences themselves, adapt valuation models and compare companies' performance and valuation multiples on a daily basis. As well as equity research, ESG and credit research are available for each company that is covered. Over the last few years, the joint team of 45 analysts has consistently demonstrated the high quality standards that they set themselves through awards and outperformance of the various top pick lists.
Further information is available from:
Baader Bank AG
Weihenstephaner Strasse 4
85716 Unterschleissheim, Germany
Florian E. Schopf
Head of Group Strategy & Communication
T +49 89 5150 1013
M +49 160 718 88 26
Further information can also be found online:
Company website: www.baaderbank.de
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