Carnegie, the Nordic investment bank, has had its banking license revoked by the Swedish financial supervisory authority for taking "exceptional risks" in its lending practices, 18 months after a separate trading scandal by the bank led to a record fine from the regulator.

The Swedish Government has taken over all shares in the subsidiaries to the publicly traded company D. Carnegie & Co, including all shares in Carnegie Investment Bank and Max Matthiessen. There are no operations left within the listed company.