eQ Bank Abp, founded in 1998, is a Finnish bank specialising in internet

brokerage A broker is a person or firm who arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be con ...

and asset management for retail clients. The parent company of eQ Bank Abp, eQ Corporation, was acquired by Straumur Investment Bank in 2007 for approx 260 million euros. Nordnet bought eQ Bank Abp in May 2009 for 400 million Swedish crowns (approx 37 million euros at the time). The bank was sold 22 May 2007 to

Iceland Iceland ( is, Ísland; ) is a Nordic island country in the North Atlantic Ocean and in the Arctic Ocean. Iceland is the most sparsely populated country in Europe. Iceland's capital and largest city is Reykjavík, which (along with its s ...

’s Straumur Investment Bank. Finnish finance journal

Arvopaperi ''Arvopaperi'' (Finnish: ''Securities'') is a monthly business magazine with a special reference to investment. The monthly is published in Helsinki, Finland Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), ...

wrote that now becomes rich persons including the

Ehrnrooth The Ehrnrooth family is a Finnish noble family of German origin. It originated from Pomerania, and came to Finland from Livonia around 1600. Its status descends from Johan Plagman (1623–1696), who was raised to nobility in 1687. The family was ...

s, Antti Mäkinen being eQ manager only for 1½ years received about €26 million and Janne Larma by selling the Advium to eQ Bank with a share capital of eQ in 2004 received ca €26 million. Advium does real estate management including e.g. selling of shopping centers, hotels, retail units, car parks and other large building like

Itis shopping centre Itis (formerly Itäkeskus) is the second largest shopping centre in Finland, located in Itäkeskus in East Helsinki. It is located next to the Itäväylä motorway and the Itäkeskus metro station. The mall has been refurbished a number of times, ...

, and Helsinki city properties of Forum block and Kamppi. Customers include Kapiteeli, Sato, Kesko retail,

KONE Kone Oyj (; officially stylized as KONE and trading as KONE Corporation) is an elevator engineering company employing over 60,000 personnel across 60 countries worldwide. It was founded in 1910 and is now headquartered in Espoo near Helsinki, F ...

main building, Tapiola insurance and other insurance companies. It had MBO in 2009.Nyt syntyy äkkirikkaita

24.5.2007 and Advium corporate data

Straumur Investment Bank

The bank's board of directors in 2007 included Georg J.C. Ehrnrooth, Antti Mäkinen, Antti Pankakoski, Petteri Walldén, William Fall, Johan Horelli, Timo Everi ja Miika Varjovaara. In the end of 2006 Georg J. C. Ehrnrooth (born 1966) was Chairman of the Board and Member of the Board since 15 February 2000.EQ annual reports 2006 and 2007 Major owners in 2007: In the end of 2006 (during the deal) the majority of shares 37.25% were held jointly by brothers Georg J.C. Ehrnrooth,

Henrik Ehrnrooth Henrik Göran Casimir Ehrnrooth (born 7 July 1954 in Helsinki) is a Finnish economist, manager and investor. He has been CEO and President at KONE since April 2014. Previously he served as KONE's CFO between 2009–2014. Prior to his career at KONE, ...

and

Carl-Gustaf Ehrnrooth Carl-Gustaf Casimir Ehrnrooth (born 5 August 1969 in Helsinki) is a Finnish investor. He has been a member of the Guggenheim Foundation's Board of Directors since September 2008. The Guggenheim Foundation was targeting a museum in the city of Hels ...

via Fennogens Investments SA in

Luxembourg Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small lan ...

.EQ annual reports 2006EQ annual report 2007

External links

Official Website

References

Banks of Finland Banks established in 1998 Finnish companies established in 1998 {{Europe-bank-stub