on Baader Wertpapierhandelsbank AG (ETR:BWB)
Baader Bank and DJE Solidify Long-term Partnership
Baader Bank and DJE Kapital AG have announced the extension of their strategic partnership. Baader Bank will continue as the custodian bank and infrastructure partner for DJE's digital wealth management. This extension comes with improved pricing conditions for DJE's retail investors. The collaboration, which began nearly a decade ago, has been aimed at offering a robust digital wealth management platform, allowing direct investments in equities and bonds.
The partnership's renewal signifies a mutual commitment to advancing digital wealth management solutions. As part of the new agreement, custodian bank fees in DJE's digital wealth management platform have been significantly reduced, making their service offerings more attractive. Additionally, Baader Bank continues to strengthen its position by planning the introduction of retirement provision custody accounts from 2027 to further diversify growth with B2B partners.
"Our longstanding partnership is founded on mutual trust and shared successes," stated Oliver Riedel, CEO of Baader Bank AG. This collaboration has enabled both parties to grow together, focusing on strategic enhancements to serve their clients better.
R. H.
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