Girish Mahajan (Editor)

Varengold Bank

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Traded as
  
FWB: VG8

Founded
  
1995

Key person
  
Yasin Qureshi

Headquarters
  
Hamburg, Germany

Number of employees
  
60 (July 2013)

Varengold Bank wwwvarengolddefileadminBilderPresseLogoVare

Type
  
Public company (Aktiengesellschaft)

Industry
  
Finance Investment banks Brokerage

Key people
  
Yasin Sebastian Qureshi (Chief Executive Officer)

Stock price
  
VG8 (ETR) € 6.30 +0.50 (+8.62%)31 Mar, 5:30 PM GMT+2 - Disclaimer

Varengold bank fx forex


Varengold Bank AG is a German investment bank headquartered in Hamburg. The company provides online trading, brokerage, asset management and commercial banking services.

Contents

Varengold bank is a member of the Bundesverband, a lobby association for alternative investments in Germany

History

Varengold was founded in 1995 by Yasin Sebastian Qureshi and Steffen Fix amongst others. Since foundation of the company main business operations is derivative brokerage as well as Alternative Investments products and services.

In 1998, Varengold obtained the licence for financial institutions by the Bundesaufsichtsamt für das Kreditwesen (BAKred), the German financial regulator at that time. In 2003, Varengold became registered as an investment bank by the Federal Financial Supervisory Authority (BaFin) and in 2013 it obtained a commercial banking license.

Varengold bank is a member of the Entschädigungseinrichtung deutscher Banken (EdB), a private institution legally responsible for guaranteeing the deposits of account holders of German banks.

Products

Products of Varengold investment bank address institutional investors, asset managers as well as financially independent private individuals.

VarengoldbankFX brokerage closed on October 31, 2016.

References

Varengold Bank Wikipedia