Nordnet og ABG Sundal Collier går sammen om private banking
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Nordnet and ABG Sundal Collier (ABGSC) have announced plans to form a joint venture, creating a new private banking company. Nordnet aims to rapidly grow in the advisory and management services segment, with ABGSC seen as the perfect partner to develop next-generation private banking offerings, according to Nordnet CEO Rasmus Järborg.
The new company will be equally owned by both Nordnet and ABGSC, with joint representation on the board, as well as one independent member. Jonas Ström, a former ABGSC executive, will serve as chairman. The company is set to launch in Sweden in 2027 and is expected to have around 15-20 employees at its inception, as reported. Martin Ringberg, ABGSC's former CEO for Sweden, will be the new company's managing director.
Both companies have been considering the best way to realize the full potential of their private banking operations, with ABGSC focusing on their strongest areas. Nordnet believes they have found the ideal partner to create a leading player in private banking across Northern Europe, stated ABGSC's acting CEO Kristian B. Fyksen.
Written by urgent.news from E24 Norway's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
