DJ Renell Bank expands management team with the appointment of Tarek Saffaf as Head of Portfolio Management DGAP-Media / 2022-07-20 / 10:19 Renell Wertpapierhandelsbank AG is expanding its management
Renell Bank AG receives BaFin licence for financial portfolio management
Another milestone on the way to expanding the bank into new business areas Renell Bank AG, Frankfurt received the licence for financial portfolio management from the German Federal Financial Supervisory Authority (BaFin) on 24 June 2021. This means that the new business segment can be launched before the end of this year. The Bank will launch two funds at the beginning, the planning of which is already very advanced. Marc Renell, CEO of the bank: The expansion of the bank with new business areas is taking more and more concrete shape, we are pleased to have reached this milestone.
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