Investment banking. Landsbanki’s investment banking provided large corporate, local government and institutional investors with a broad range of financial services, including securities brokerage, corporate finance, foreign exchange and derivatives trading. The investment banking sections also handled the bank’s treasury, debt management and proprietary trading. The investment banking was provided through subsidiaries Kepler Equities and Merrion Capital, together with Landsbanki Securities. Kepler had operations in France, Spain, Germany, Switzerland, Italy, the Netherlands and the US. Merrion had operations in Ireland and Landsbanki Securities operated in the UK. These subsidiaries, along with the head office, operated a variety of business lines comprising, equity brokerage, securities brokerage, foreign exchange and derivatives brokerage, structured products and derivatives, corporate finance, asset management and fixed income. In addition to this the bank provided equity research services complementing the securities brokerage.
