Carnegie increased its workforce by 23% in 2001, even though the Nordic broker's income fell 19% over the year.

The group's investment banking income fell 6% to Skr901m (€98m), as a result of a 37% drop in mergers and acquisitions activity in the Nordic region and a 64% drop in Nordic equity offerings. Income from the asset management and securities divisions fell 10% and 29% respectively.