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Straumur-Burdaras - Company Profile Snapshot

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Company Profile: Straumur-Burdaras
Ticker: STRB
Exchanges: OTH
2007 Sales: 62,654,000,000
Major Industry: Financial
Sub Industry: Commercial Banks
Country: ICELAND
Employees: 486

Business Description
Straumur-Burdaras. The Group's principal activity is investment banking and providing financial services to Icelandic and international clients. The Group operates in six segments: Proprietary Trading, Corporate Finance, Debt Finance, Treasury, Capital Markets and Asset Management. Proprietary Trading trades in securities for the Group's own account in all major markets. Corporate Finance provides advisory services to corporate clients. Debt Finance provides advice and a range of financing products to clients in Northern & Central Europe. Treasury is responsible for managing the Group's funding, foreign exchange and interest rate risk management. Capital Markets offers securities brokerage service to the Group's clients. Asset Management provides banking and investment service for institutional and private clients. The Group operates in Iceland, other Nordic countries, the United Kingdom and Central and Eastern Europe. The Group acquired eQ Corporation and Wood & Company in 2007.

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