Deals & Cases
Strateo sells and transfers its online trading business and client base to Saxo Bank Switzerland
Strateo, the Swiss branch of Arkéa Direct Bank, has signed an agreement to sell and transfer its online trading business and client base in Switzerland to Saxo Bank Switzerland. The transaction and migration of the clients and their assets are expected to be completed by the end of the first quarter of 2021.
Lenz & Staehelin acts as Swiss counsel to Strateo. The team includes Olivier Stahler (Banking), David Ledermann and Clément Bouvier (Corporate/M&A).