Skandinaviska Enskilda Banken
Management
Annika Falkengren, President and Chief Executive Officer
The Skandinaviska Enskilda Banken AB (SEB ) ( German: Scandinavian Private Bank) is a Swedish financial services group headquartered in Stockholm, Kungsträdgården. It is attributed to the " empire" of the Wallenberg family. The majority shareholder is Investor AB. In Germany, SEB is represented by its subsidiary SEB AG.
History
The Enskilda
SEB Enskilda Bank of Stockholm was founded in 1856 as: founded ( Stockholm German private bank ) by André Oscar Wallenberg and was involved in the financing of Swedish industry - in particular the operations of the Wallenberg family - a leading role. She received impersonate private central bank the right notes. In the Swedish banking crisis of 1878, the bank was on the verge of collapse. After a large number of customers of the bank had gone bankrupt, the capital was largely absorbed. Even more serious was the loss of confidence among investors that threatened to end in a " bank run ". Saved the Bank was King Oscar II, who personally makes a deposit of 10,000 Reichstalern undertook demonstrative ( and the government instructed them to be 23 million participate in railway bonds, which had triggered the financial crisis).
1916 saw the establishment of Investor AB by the Stockholm Enskilda Banken. 1945 Stockholms Enskilda Bank ordered the 14 branches with 433 employees.
The Skandinaviska
→ Main article: Skandinaviska banks
1864, Carl Fredrik Tietgen in Gothenburg, Skandinaviska Kreditaktiebolaget, which was later to Skandinaviska banks.
SEB
1972 Stockholms Enskilda Bank merged with Skandinaviska Enskilda Banken Skandinaviska banks. Its first CEO was Lars -Eric Thunholm. To date, they expanded their position, especially in the Baltic region, but also internationally, and is adjacent to the leading Scandinavian bank Nordea.
Was founded in 1976 (together with the Bayerische Landesbank ), the German - Scandinavian Bank as German subsidiary.
Opened in 1982, the Bank 's subsidiaries SEB Corporation in New York and Enskilda Securities in London.
From 1990 to 1992, the bank suffered during the Swedish banking crisis, massive losses on real estate loans of almost 24 billion crowns, but could be rehabilitated and won the late 90s the traditionally excellent earning power back.
Between 1997 and 2001, the Group entered into a European expansion phase. This was followed by acquisitions in the life insurance ( Trygg Hansa merger with ), asset management ( acquisition of ABB Investment Management 1998) and the entry into new markets: Germany, the Baltic States, Poland and Ukraine. The attempt to merge in 2001 with Föreningssparbanken failed.
In 2000, the SEB Group took over in Germany the former BfG Bank.
In April 2001, the name changed to SEB AG was. Since then, the Bank enters into Europe uniformly under the name SEB.
With effect from 31 January 2011, the German retail banking business was transferred to Spain's Banco Santander. Since then, the SEB in Germany focused on corporate banking, the real estate business and asset management.
Business
SEB is a universal bank with a claim to be the leading Nordic bank. Therefore, it is represented in all the Baltic States and the Ukraine with subsidiaries. A worldwide network of branch offices for corporate business is also.
The SEB Group is divided into four business areas: the private customer activities are organized in a global retail banking division. The Wealth Management division leads the two units SEB Asset Management and Private Banking together. Merchant Banking manages 2,600 companies and institutional clients of SEB. Life - this division includes all activities in the field of life insurance.
The SEB Group is active in 20 countries and serves more than 4 million customers. The SEB has approximately 17,000 employees and operates 375 branches.
Sustainability
Since 2009, " Corporate Sustainability " with the sub- areas of " environment", " company " and " company" anchored plan of SEB in the business.
In the environmental field, the SEB Group has committed itself to reduce CO2 emissions by 45 per cent in all business areas by 2015. SEB Germany applies " green power " from 100 percent hydropower. SEB uses the re -balancing mail with the " Go Green Initiative " of the German Post. Since 2011, the Bank has been certified for its environmental management system according to ISO 14001.
SEB has a foundation for " charitable purposes ", as well as supporting sports, science and research, and arts and culture.
Subsidiaries (excerpt)
- SEB Trygg Liv Life Insurance, Sweden
- Germany Germany SEB Asset Management fund business
- Sweden Sweden SEB Kort credit cards
- Germany Germany SEB AG Banking
- Estonia: SEB Pank Banking
- Latvia Latvia: SEB Unibanka Banking
- Lithuania Lithuania: SEB bankas Banking
- Russia Russia: SEB Bank (formerly Petro Ergo Bank ) Banking
- Ukraine: SEB Bank (formerly Faktorialbank ) Banking