The partnership between SpareBank 1 Markets and Swedbank aims to create a leading Nordic investment bank. As part of the transaction, SpareBank 1 Markets will receive Swedbank’s Corporate Finance and DCM High-Yield business in Sweden and establish a branch in Stockholm through which the business operations will be conducted.
Pursuant to the partnership, Swedbank will become part-owner of SpareBank 1 Markets with a 20% stake thereby strengthening the position of both banks in the Nordic market and creating new opportunities for expansion in investment banking.
The transaction is subject to regulatory approvals and customary closing conditions.
Vinge’s team primarily consists of Samra Tesser, Nils Unckel, Anton Sjökvist and Gustav Wahlberg.