Swedbank and SpareBank 1 to establish Nordic investment bank

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Swedbank and SpareBank 1 to establish Nordic investment bank

//business-finance.news-articles.net/content/202 .. ebank-1-to-establish-nordic-investment-bank.html

Published in Business and Finance on Tuesday, March 4th 2025 at 3:40 GMT by Reuters
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Sweden's Swedbank and Norway's SpareBank 1 alliance will establish a jointly owned Nordic investment bank by expanding the Norwegian group's SpareBank 1 Markets operation, the companies said in a joint statement on Tuesday.

Swedbank and SpareBank 1 have announced plans to establish a new Nordic investment bank, aiming to launch operations by the first half of 2025. This new entity will focus on providing investment banking services across the Nordic region, including debt capital markets, equity capital markets, and M&A advisory. The initiative is driven by the need to enhance local expertise and service offerings in response to increasing client demand for specialized financial services. The bank will be headquartered in Oslo, with additional offices in Stockholm, Copenhagen, and Helsinki, and will leverage the existing networks and client relationships of both Swedbank and SpareBank 1 to expand their market presence.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/swedbank-sparebank-1-establish-nordic-investment-bank-2025-03-04/ ]

Publication Contributing Sources

Reuters

N🟁N

Swedbank and SpareBank 1 to establish Nordic investment bank