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DNB Bank To Acquire Carnegie Holding AB
DNB Bank Agrees to Buy Swedish Banking Group Carnegie For $1.1 Billion
DNB Bank agreed to buy Swedish investment bank and asset manager Carnegie for around 12 billion Swedish kronor ($1.14 billion) in cash as it moves to bolster its Nordic footprint.The Norwegian lender will buy Carnegie from Swedish private equity group Altor and minority shareholders,
Norwegian Bank DNB to Buy Carnegie for $1.14 Billion
STOCKHOLM (Reuters) -Norway's largest bank DNB said on Monday it had agreed to buy Swedish investment bank and asset manager Carnegie from private equity firm Altor and minority shareholders for around 12 billion Swedish crowns ($1.14 billion).
DNB Bank acquires asset manager Carnegie
Additionally, DNB Wealth Management has a large operation in Norway in asset management, private banking, pensions, and savings. Carnegie's brand and lengthy track record in this category, particularly in Sweden and other Nordic markets, and will provide additional prospects for the merged business throughout the Nordic region.
Norway's DNB tops Q3 profit forecast
Norway's DNB tops Q3 profit forecast as lending volumes grow
Norway's largest bank DNB reported a bigger-than-expected rise in its third-quarter earnings on Tuesday boosted by growing lending volumes, sending its shares more than 4% higher in early trading. "There has been a clear shift in customer behaviour through the summer and into the autumn,
DNB shares jump as Q3 results exceed market expectations
Shares of DNB ASA (OL: DNB) jumped after the Norwegian bank posted better-than-expected third-quarter results, outperforming analyst forecasts. At 5:10 am (0910 G
Norway’s DNB Beats on Lending Income With Broad Growth in Volume
Norway’s largest lender, DNB Bank ASA, posted record net interest income in the third quarter as lending volumes increased in all customer segments.
15h
DNB Bank 3Q Net Interest Income NOK16.1B
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
TradeWinds
14h
DNB shipping loan book dips slightly in third quarter as overall profit climbs
DNB Bank’s loans in the shipping sector fell in the third quarter. The loan book decreased to NOK 35.4bn ($3.2bn) from NOK 36 ...
11h
Barclays Reaffirms Their Buy Rating on DNB ASA (0O84)
Barclays analyst Namita Samtani maintained a Buy rating on DNB ASA (0O84 – Research Report) today and set a price target of NOK246.00.
8h
on MSN
'There is strong momentum' in the Norwegian economy, DNB CFO says
Ida Lerner, CFO of DNB, discusses third-quarter earnings and the banking sector. Switzerland gives up neutrality 31 ...
5d
on MSN
Dun & Bradstreet Holdings (DNB): One of the Material Contributors of Vulcan Value Partners
Investment management company Vulcan Value Partners recently released its third-quarter 2024 investor letter. A copy of the ...
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