Saxo Bank suspenderer direktør

 

wo sind unsere dänischsprachigen Mitglieder, wenn man sie braucht...

 

 

 

 

...to be continued

Ich kann kein Dänämärkisch ;-)

 

 

 

Charles-Henri Sabet - Ist das nicht der exChef von Tradingfloor, der heutigen Saxobank Schweiz?

Ist das nicht der exChef von Tradingfloor, der heutigen Saxobank Schweiz?

 

Ist richtig. Sabet war bis zur Übernahme CEO der Synthesis Bank. Tradingfloor war eines ihrer KeyBrands.

Ich frage mich immer wieder aufs neue, wie ihr ständig an diese Topinformationen kommt? Über den offiziellen Weg lässt sich dazu nichts finden.

Wie jetzt, gehört etwa das Børsen Dagbladet nicht zu deiner täglichen Standard-Börsen-Lese-Lektüre

Ab morgen dann

Saxo suspends trading head

GENEVA - Saxo Bank has suspended Charles-Henri Sabet, global head of trading for the

 

FX Week- hab mich mal für die 2 Wochen Trial registriert ;-)

 

http://fxweek.com/public/showPage.html?val...3Fpage%3D813492

FX Week- hab mich mal für die 2 Wochen Trial registriert ;-)

 

Leider kann man das auch nur als registriertes Mitglied lesen

Ja leider. Ich habe eine Confirmation bekommen, sinngemäß "wir werden ihre Anmeldung prüfen... blabla"

 

Da ich keine realen Daten angegeben habe (die wollten meine Tel.Nr. haben) nehme ich an, dass eine endgültige Freischaltung nie erfolgen wird.

Saxo suspend boss | Denmark's fastest growing bank and sponsor of Bjarne Riis' cycling team, on Thursday suspended one of its top executives Charles-Henri Sabet, head of global trading and member of senior executive management. The bank would not say specify the reason for the suspension, but it is currently launching an internal investigation in connection with the Swiss financial authorities, reports DR. Last year the financial institution bought the Swiss Synthesis Bank, founded and owned by Sabet, as part of its global expansion for online investments. (kr)

 

http://www.cphpost.dk/get/109073.html

Update: 24/10/2008

 

Sabet bites back

But for Sabet, who was the chairman of Saxo’s Swiss subsidiary and its global head of trading, the fact that he has effectively been dismissed from the bank of which he is a significant shareholder is not the issue. Of more concern is what he sees as the tarnishing of his name and reputation.

 

When he was suspended, Saxo said it was because of an investigation by the SFBC. Rumours circulated that this was being conducted because of insider trading related to an equity option trade. However, Sabet denies this, instead arguing that his dismissal was purely because of politics.

 

“This is really about an argument between shareholders,” says Sabet. “I still own around 5% of Saxo and I was not happy with what I saw as the bank’s domestic focus. I offered to leave, but I wanted Saxo to buy my shares as was verbally agreed when it took over Synthesis,” he adds. Sabet says that Saxo is now focused on becoming a well-known name in Denmark, including giving backing to the small, centrist Liberal Alliance political party.

 

Saxo has declined to comment on whether or not the investigation came about because it informed the regulator of an irregularity, rather than the SFBC acting because it suspected suspicious activity. But a letter from the commission makes it clear it was informed by Saxo of the issue. This doesn’t seem so clear in light of an email sent to Saxo employees that states:

 

According to Sabet, the chain of events unfolded after he took the equity option order from a well-established client after the close of the Swiss trading day in July. The order was a call option in biotech pioneer GeneNtech. Sabet says he placed the order the next morning and is adamant that he did not front-run or piggyback it.

 

However, he admits that he was in breach of a Swiss technical regulation, because as the executive of a Swiss bank he should not have accepted a client order himself. But he believes this is countered by the fact that he was also the head of trading of a Danish-regulated bank, which would have allowed him to do so. Saxo has declined to comment.

 

Sabet says he is also particularly upset that his dismissal was followed by a purge of his former employees, including his chauffeur. He believes that he will be fully exonerated when the SBFC reports its findings. In the meantime he is preparing to take legal action to clear his name and to complete the deal that was agreed when he sold Synthesis Bank to Saxo in September 2007; this included the verbal agreement to purchase his remaining shares in the bank.

 

Quelle: Euromoney.com

 

 

#Edit: 09/01/2008

 

DK EN Übersetzung eines Artikels (business.dk) vom 29/11/2008

 

Massive claim against Saxo Bank in dismissal case

By Peter Suppli Benson

 

Link