is a
Swedish company which specialises in
Stockbroking ,
Investment Banking and
Asset Management .
Carnegie was founded in
1803 when David Carnegie, a
Scotsman , founded ''D. Carnegie & Co AB'' in
Gothenburg . The company was later taken over by Carnegie's nephew, ''David Jr.'', who later returned to
Scotland , leaving the company, which by then had considerable interests in
Brewing and
Sugar production, in the hands of Oscar Ekman. When Carnegie died in
1890 , Ekman inherited a substantial amount of shares and took over the company. In
1907 the company was taken over by Ekman's
Son-in-law Karl Langenskiöld and the sugar interests were divested. In the wake of the
Kreuger Crash , Langenskiöld founded an investment bank called ''Bankirfirman Langenskiöld'' and the brewery interests was sold.
In
1980 , the company changed its name to ''Carnegie''. By this time,
Erik Penser controlled the company. In
1988 , Carnegie was taken over by what later became
Nordea and stayed in their hands until
1994 . Then a newly formed company ''Carnegie Holding'' bought the company. The new
Holding Company was 55 % owned by
British Merchant Bank Singer & Friedlander and 45 % owned by Carnegie's own employees. In
2001 , Carnegie Holding company was merged with D. Carnegie & Co, making that the parent company in the ''Carnegie Group'' and Carnegie was thus listed on the
Stockholm Stock Exchange .
Since
2004 , business is operated through ''Carnegie Investment Bank''.
The company is divided into divisions of investment banking, private banking, asset management and securities.
Stig Vilhelmson replaced
Karin Forseke as
Chief Executive Officer in
2006 . At the same time
Lars Bertmar , a former Carnegie CEO, resigned as Chairman of the
Board Of Directors .
Christer Zetterberg replaced him.
Outside Sweden, Carnegie operates in
Norway ,
Denmark ,
Finland ,
Luxembourg ,
Switzerland , the
United Kingdom and the
United States .
20 % of Carnegie is held by the
Icelandic Bank Landsbanki , after that the second largest shareholder is still the employees of the company.
