Baader Bank issues statement on change in competitive situation

Published: 2024-12-10 00:58:03 ET BWB.DE

EQS-Ad-hoc: Baader Bank AG / Key word(s): Alliance Baader Bank issues statement on change in competitive situation 10-Dec-2024 / 06:56 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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 [email protected]

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.

10-Dec-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Archive at www.eqs-news.com

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