Norway's DNB to grow Sweden ECM unit as property firms seek cash
Norway’s biggest bank plans to add people to its equity capital markets business in Sweden as it sees opportunity in helping the country’s battered real estate companies raise cash.
By Love Liman / Bloomberg
There’s “big interest among investors to participate in the refinancing of Nordic real estate companies,” DNB ASA Global Head of Equities Thomas Breivik said. That’s part of the reason why “we see good opportunities to grow our revenues and market share” in neighboring Sweden, he said.
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