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German Private Bank Expands into Austria

Sal Oppenheim has joined the Vienna Stock Exchange, which will give its clients direct access to end-to-end settlement of transactions via X...
Sal Oppenheim has joined the Vienna Stock Exchange, which will give its clients direct access to end-to-end settlement of transactions via Xetra Vienna. The Cologne-based private bank said in a statement: "Membership of the Vienna stock exchange further underlines the systematic expansion of international business at Sal Oppenheim." Dieter Pfundt, a partner at Sal Oppenheim added: "Membership of another key stock exchange in central Europe that boasts one of the most modern and efficient trading systems represents another step in our bid to become one of the leading investment banks in German-speaking countries."