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BAADER WERTPAPIERHANDELSBANK AG (FRA:BWB) EQS-News: Baader Bank and Scalable Capital agree on cooperation over the next years

Transparency directive : regulatory news

21/10/2024 12:59

EQS-News: Baader Bank AG / Key word(s): Alliance
Baader Bank and Scalable Capital agree on cooperation over the next years

21.10.2024 / 12:59 CET/CEST
The issuer is solely responsible for the content of this announcement.


Baader Bank and Scalable Capital agree on cooperation over the next years

Baader Bank has signed a future agreement with its B2B2C cooperation partner Scalable Capital to continue working together for several years. The two companies have been cooperating successfully in the areas of brokerage and wealth management since 2015.

‘Scalable Capital has been working side by side with Baader Bank as a reliable and strong partner since its very beginning and will continue to do so in the future,’ says Erik Podzuweit, founder and Co-CEO of Scalable Capital. In order to further develop the partnership, Scalable Capital and Baader Bank have signed a new co-operation agreement for a period of several years.

Baader Bank is consistently focussing on B2B and B2B2C business with its existing and new cooperation partners. Most recently, other existing cooperation agreements in the securities account and securities trading business with Smartbroker, Traders Place, sino and finanzen.net ZERO, among others, were extended for several years, thereby securing long-term earnings potential for Baader Bank.

Furthermore, Baader Bank is consistently driving forward the diversification of its B2B2C co-operation partnerships. At the same time, new product improvements are constantly being implemented and the trading offering is being further optimised under the new Baader Trading brand.

‘Our cooperation partnership with Scalable Capital is already based on a wealth of shared experience. We look forward to the continued cooperation in the future,’ says Oliver Riedel, Deputy CEO of Baader Bank AG.

 

 

 

For further information and media inquiries:

Marlene Constanze Hartz

Senior Manager

Group Communication

T +49 89 5150 1044
marlene.hartz@baaderbank.de

 

Baader Bank AG

Weihenstephaner Strasse 4

85716 Unterschleissheim, Germany

https://www.baaderbank.de

 

 

Next dates:

31/10/2024  Press Release Nine month results 2024

25/11/2024  German Equity Forum 2024, Frankfurt

 

 

About Baader Bank AG:

Baader Bank is one of the leading European partners for investment and banking services. Trading and banking are combined using a single powerful platform that offers a unique setup and optimum access to the capital market using a secure, automated and scalable approach. As a family-run full-service bank with its headquarters in Unter-schleissheim near Munich, Baader Bank AG employs around 550 staff members and operates in Market Making, Capital Markets, Brokerage, Fund Services, Account Services and Research Services.



21.10.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Baader Bank AG
Weihenstephaner Str. 4
85716 Unterschleissheim
Germany
Phone: +49 89 5150 1017
Fax: +49 89 5150 1111
E-mail: communications@baaderbank.de
Internet: www.baaderbank.de
ISIN: DE0005088108
WKN: 508810
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID: 2012619

 
End of News EQS News Service

2012619  21.10.2024 CET/CEST

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