Skandinaviska Enskilda Banken ABStockholm, Sweden

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SEB AB Company Description

Snow banks are a common winter sight in Sweden; SEB banks are easy to spot year-round. Skandinaviska Enskilda Banken (SEB) operates through four divisions: merchant banking, retail banking, asset management, and life insurance (Trygg Liv) through some 670 offices in a dozen countries, primarily nations in Northern Europe. SEB also has offices in such money centers as London, Paris, Shanghai, and Singapore. SEB's merchant banking division targets large corporations and other financial institutions. Business offerings include cash management, financing, foreign exchange, leases, credit card services, and payroll administration. SEB offers individuals mortgages, auto loans, credit cards, and other products.

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The Company Description provides a historical perspective of SEB AB's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of SEB AB's evolution in the marketplace.

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