EQS-Adhoc: Baader Bank issues statement on change in competitive situation

Baader Bank issues statement on change in competitive situation

Baader Bank's cooperation partner Scalable Capital announced today that the company will operate with a new and expanded business model from now on. 

This step results in a new competitive market environment for Baader Bank, as the cooperation partner will be able to provide services comparable to Baader Bank from a regulatory perspective.

This step will not have any immediate impact on Baader Bank's account and securities account customers who are currently linked to Scalable Capital.

Baader Bank will publish a detailed press release in due course.

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:

24/08/2024  Börsentag Zurich

07/09/2024  Börsentag Berlin

23-26/09/2024   Baader Investment Conference 2024

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.