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News 2026-10-02 07:01 UTC

Norion Bank Consolidates Wealth Units Into Norion Wealth Management

Norion Bank AB will merge Strand into Consensus, rebranding as Norion Wealth Management AB and consolidating funds under Strand Fonder. The unit has approximately SEK 16 billion in assets under management, with completion expected in the first half of 2027, subject to regulatory approvals.