HQ Bank

Calm as Carnegie HQ Bank reopens

9/6/2010 11:33 AM EST

Business started as usual today after the bank had been closed for a week. The bank has already started to successively operate under the name Carnegie. The merger of the banks and the change of name will take place successively during the coming weeks.

Following a week of closure, HQ Bank opened today under the name Carnegie. All systems have functioned and client transactions have proceeded without any...

Information from HQ Bank

9/1/2010 6:46 AM EST

”An agreement for HQ Bank is, in my assessment, close,” says liquidation lawyer Björn Riese.

This matter will be the subject of discussion and decisions by the affected boards during the day. It will also be discussed by the Swedish Financial Supervisory Authority (Finansinspektionen).

The bank will remain closed during Wednesday. Some operations will be conducted according to the same principles as...

The board of directors of HQ has decided on a rights issue of up to SEK 1,000 mi...

8/27/2010 2:39 AM EST

· The board of HQ AB publ (”HQ” or the ”Company”) has decided on a new rights issue with preferential rights for existing shareholders of a maximum of SEK 1,000 million and a minimum of SEK 900 million (the ” Rights Issue”).
· The Rights Issue is being conducted in order to make possible a buyback of HQ Fonder Sverige AB (”HQ Fonder”) and to assure financial stability.
· The Rights Issue is entirely secured...

Merger of HQ Direct implemented

4/1/2009 7:17 AM EST

The Swedish Financial Supervisory Authority has approved the previously announced merger of HQ Direct with HQ Bank, and the merger is being implemented as of today’s date.
HQ Direct is one of the largest players on Nordic equities markets and offers direct market access to a large number of globally leading exchanges. The operation, which was acquired on 22 October 2008, complements HQ’s existing investment...

STABLE FINANCES AND STRONG NET INFLOW

1/29/2009 5:08 AM EST

January-December • OPERATING REVENUE SEK 818 (986) MILLION -17 % • OPERATING PROFIT SEK 278 (405) MILLION -31 % • PROFIT AFTER TAX SEK 246 (290) MILLION -15 % • EARNINGS PER SHARE AFTER DILUTION SEK 9.0 (10.5) -14 % • OPERATING MARGIN 34 (41) PERCENT • ASSETS UNDER MANAGEMENT SEK 54.3 (79.2) BILLION, NET INFLOW SEK 5.0 (8.3) BILLION • PROPOSED DIVIDEND SEK 6.00 (10.00) PER SHARE

Year-end report 2006 – Strongest year ever

2/1/2007 2:15 AM EST

• OPERATING INCOME SEK 931 (518) MILLION
• OPERATING EARNINGS SEK 350 (128) MILLION
• OPERATING MARGIN 38 (25) PERCENT
• EARNINGS AFTER TAX SEK 250 (94) MILLION
• EARNINGS PER SHARE AFTER DILUTION SEK 18.4 (9.7)
• ASSETS UNDER MANAGEMENT INCREASED BY SEK 24 BILLION DURING THE YEAR TO SEK 78 BILLION, OF WHICH NET INFLOW SEK 8.4 BILLION, CORRESPONDING TO ORGANIC GROWTH OF 15 PERCENT
• PROPOSED DIVIDEND SEK...

INTERIM REPORT JANUARY 1 - MARCH 31, 2006

4/19/2006 2:30 AM EST

OPERATING INCOME SEK 219 (95) MILLION
OPERATING EARNINGS SEK 82 (18) MILLION
EARNINGS AFTER TAX SEK 58 (13) MILLION
EARNINGS PER SHARE SEK 8.6 (2.7)
OPERATING MARGIN DOUBLED TO 38 (19) PERCENT
ASSETS UNDER MANAGEMENT INCREASED SEK 10 BILLION IN FIRST QUARTER TO SEK 64 BILLION, OF WHICH NET INFLOW SEK 2.2 BILLION
Comments from CEO Patrik Enblad
Developments in the first quarter have exceeded our expectations....

YEAR-END REPORT JANUARY 1– DECEMBER 31, 2005

2/2/2006 9:25 AM EST

FOURTH QUARTER
• Operating income SEK 184 (140) million
• Operating earnings SEK 57 (37) million
• Operating earnings excluding trading SEK 51 (26) million
• Average earnings per share SEK 7.3 (6.1)

FULL YEAR
• Operating income SEK 518 (519) million
• Operating earnings SEK 128 (142) million
• Operating earnings excluding trading SEK 97 (73) million
• Earnings after tax SEK 94 (107) million
• Average earnings per...

INTERIM REPORT JANUARY 1 – SEPTEMBER 30, 2005

10/14/2005 3:00 AM EST

• Operating earnings third quarter SEK 18 (15) million
• Operating earnings SEK 71 (104) million
• Operating income SEK 334 (378) million
• Earnings after tax excluding divested businesses SEK 50 (74) million
• Earnings per share SEK 11.2 (15.2)
• Operating earnings Private Banking SEK 48 (32) million
• Assets under management SEK 37 (26 per December 31, 2004) billion + SEK 11 billion, of which net inflow SEK 5.2...

INTERIM REPORT JANUARY 1 - JUNE 30 2005

7/15/2005 4:58 AM EST

• OPERATING EARNINGS SEK 53 (90) MILLION
• OPERATING INCOME SEK 234 (291) MILLION
• EARNINGS AFTER TAX LESS MINORITY SHARE SEK 37 (66) MILLION
• EARNINGS PER SHARE SEK 8.1 (12.8)
• OPERATING EARNINGS SECOND QUARTER SEK 35 (30) MILLION
• ASSETS UNDER MANAGEMENT SEK +7 BILLION IN FIRST HALF YEAR, SEK 33 (26) BILLION, OF WHICH NET INFLOW SEK 3.6 BILLION
• PROPOSAL OF MERGER BETWEEN HAGSTRÖMER & QVIBERG AND HQ...

Releases - HQ Bank

Found press releases