Varengold Bank AG

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 issued 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 it obtained a commercial banking license in 2013. 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. Since March 20, 2007, the bank's shares have been publicly traded on the German Frankfurt Stock Exchange. Frankfurt Stock Exchange (Deutsche Boerse) at Entry Standard: ISIN: DE0005479307 Symbol: VG8