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Rymarz Zdort Advises Bank Millennium on Consolidating Brokerage Business into Capital Group

Rymarz Zdort Advises Bank Millennium on Consolidating Brokerage Business into Capital Group

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Rymarz Zdort has advised Bank Millennium on the consolidation of its brokerage business into the capital group and represented the bank before the Polish Financial Supervision Authority for the extension of its brokerage license.

Bank Millennium is a Warsaw-headquartered commercial bank.

"The Brokerage Office of Bank Millennium is a stand-alone division of Bank Millennium formed by consolidating the brokerage business formerly operated by Millennium Dom Maklerski," Rymarz Zdort informed.

According to the firm, "the consolidation was effected by transferring the organized part of the enterprise of Millennium Dom Maklerski, which provided brokerage services, to its sole shareholder, Bank Millennium. The bank’s share capital was not increased in the process."

The Rymarz Zdort team was led by Partner Lukasz Gasinsk and included Partners Leszek Tokarski and Robert Krasnodebski, Counsel Katarzyna Lukaszewicz, Senior Associates Szymon Cieniawski, Artur Ciechomski, and Maciej Kostrzewski, and Associates Sebastian Stepinski and Adam Drgas.

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