 BBY operated as a white-label to Saxo Bank offering Foreign Exchange contracts and other financial products.Court proceedings deemed that BBY illegally pooled a disproportionate level of funds with Saxo Bank which should have been allocated to clients holding Equities and Exchange Traded contracts.On 17 September 2010, Saxo Bank announced plans to invest DKK 59 million in Brorup Sparekasse; a small Danish savings bank founded in 1897 with seven branches, which was renamed to Saxo Privatbank offering core banking services in Denmark.