Glitnir AB becomes HQ Direct

HQ AB acquired during October all shares in Glitnir AB. This transaction complements HQ’s existing operations in Investment Banking, and will add value through an expanded product range and a broadened client base in both Sweden and abroad.

HQ envisages great potential in focusing on the core operations of the company and in developing the specialist expertise offered by the employees in this area. One element of this process is the name change to HQ Direct.

”HQ possesses financial and operational stability and a strong brand. There is a good outlook for continued growth in our core business. In addition we aim to offer our clients access to HQ’s successful case-oriented equity research,” says Lars Hamberg, Acting President, HQ Direct.