DNB Carnegie

Two years ago, we announced the combination of DNB and Carnegie. Today, looking back, it is clear that bringing together two strong Nordic institutions has created something even stronger. Over the past two years, DNB Carnegie has continued to strengthen its position across the Nordic market, combining leading advisory capabilities with broader financing expertise, deeper sector knowledge and an extensive international network. Alexander Opstad, Global Head of DNB Carnegie, comments: "Two years ago, we set out to create a stronger Nordic platform by combining the strengths of DNB and Carnegie. Five full quarters later, we can see that ambition becoming reality. Client revenues increased by 25 per cent in the third quarter 2026, driven by the strongest Q3 ever for our Investment Banking business." "Activity was particularly high within M&A and debt capital markets, complemented by strong performance across equities, commodities and foreign exchange. Most importantly, we believe we have built a broader and more relevant platform for our clients." The progress is not only reflected in our business performance but also in the feedback we receive from clients across the region. Tony Elofsson, CEO of DNB Carnegie Investment Bank, comments: "What makes me particularly proud is the recognition we continue to receive from our clients. Over the past two years, independent client surveys have consistently ranked DNB Carnegie the leading investment bank in the Nordics." "Together with our position as the most active M&A adviser in the Nordic market and the adviser behind more equity capital markets transactions than any other investment bank in Europe, it is a strong confirmation that our clients value the expertise, reach and capabilities we bring to every mandate." These achievements are the result of the trust our clients place in us every day and the dedication of colleagues across all our markets and business areas. Thank you to our clients, partners and employees for being part of this journey. We are only getting started.

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Local market knowledge and sector expertise across Sweden, Norway, Denmark and Finland. Discover our Nordic expertise.

With unmatched strength across products, sectors, and geographies, we deliver tailored financial solutions in M&A, capital markets, and financial advisory services.

DNB Carnegie combines investment banking and wealth management across the Nordic markets. Explore our offering.

DNB Carnegie provides financial advisory services to companies, owners and investors across the Nordics. Explore our expertise.