SpareBank 1 SMN: SB1 Markets established in Sweden as from 1 September 2025

01 Sep 2025 07:30 CEST

The SpareBank 1 banks and Swedbank establish a Nordic investment bank in which
SpareBank 1 SMN holds a 31.9% stake.

SB1 Markets started its operations in Sweden on 1 September 2025 as part of a
partnership between SpareBank 1 and Swedbank to create a leading Nordic
investment bank. SpareBank 1 Markets has changed name to SB1 Markets and taken
over Swedbank’s investment banking and DCM HY business, with a branch in
Stockholm and staff totalling sixty-five in Sweden, and 260 overall.

Swedbank has acquired a 20 per cent stake in SB1 Markets. Upon completion of the
transaction SpareBank 1 SMN owns 31.9 per cent of SB1 Markets. The remaining
48.1 per cent of the shares are in all essentials held by other SpareBank 1
banks.

The transaction has a positive, but limited, financial effect which will be
conclusively determined after completion of the transaction.


Trondheim, 1 September 2025

Contact person at SpareBank 1 SMN:
Executive Vice President, Rolf Jarle Brøske, tlf. +47 911 12 475

More information:
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