HQ Bank

Swedish investing bank

HQ Bank was a Swedish finance and banking corporation founded by Sven Hagströmer and Mats Qviberg (the last names of which form the H and the Q of the bank's name). It began operations in 2006. Due to unmanageable risk and losses its banking licence was revoked in 2010, the bank's crash caused the loss of several billion SEK and is one of the largest banking crashing in Sweden. Several board members were prosecuted for fraud but were acquitted. History. https://en.wikipedia.org/wiki/HQ_Bank

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