Jyske Bank agrees to buy wealth manager Formuepleje
Reuters2026/09/02 05:58- Jyske Bank agreed to buy 100% of FP Kapital, owner of Danish wealth manager Formuepleje.
- Formuepleje has about 14,000 investors, around DKK 40 billion in assets under management, nearly 100 employees.
- Deal targets faster growth in wealth management, adds exposure to alternative investments such as real estate, private equity.
- Transaction expected to add about DKK 200 million in annual net fee and commission income.
- Closing targeted for Q4 2026; integration costs estimated at about DKK 100 million.
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