(IN BRIEF) SEB’s China Financial Index for 2024 revealed a drop to 52.0, indicating a challenging business environment for northern European companies operating in China. This decline, the lowest since May 2020, reflects concerns over customer demand, local competition, and … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, Marketing, News, Politics, Sweden
Tagged break-even, business outlook, CHINA, China Financial Index, Chinese government, Covid-19 crisis, customer demand, economy, EU-China relationship, foreign businesses, foreign direct investment, foreign exchange rates, geopolitical concerns, Investment Outlook, Juliette Xue Lascoux, labor costs, local competition, May 2020, modest investments, northern European companies, order intake, partnership, pessimism, profit outlook, profit shrinkage, profitability, sales growth, SEB, SEB Shanghai, staffing outlook, subsidiaries, trade war, US presidential election, US-China relationship, US-China tensions
(IN BRIEF) SEB’s newly launched AI fund has reported impressive first-year results, outperforming global benchmarks under the management of Alexander Winberg. The fund focuses on investing in companies advancing artificial intelligence, with its performance exceeding both world and benchmark indices. … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AI Fund, AI Infrastructure, Alexander Winberg, SEB, trends
(IN BRIEF) SEB is restructuring its organization to align with its long-term strategic goals, effective January 1, 2025. The changes include consolidating wealth and asset management into a single division, creating a new Chief Operating Officer (COO) role, and renaming … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged appointment, INNOVATION, Johan Torgeby, Jonas Ahlström, leadership, SEB, William Paus
(IN BRIEF) SEB Asset Management has launched the SEB Montrusco Bolton Global Equity Fund in partnership with Canadian firm Montrusco Bolton. This new actively managed fund offers SEB clients access to a concentrated portfolio of global stocks selected through detailed … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Sweden
Tagged CANADA, Equity Fund, Gustaf Runius, Montrusco Bolton, partnership, SEB
(IN BRIEF) SEB, a prominent financial institution, has announced its inaugural participation as an official partner in Stockholm Pride 2024, highlighting its commitment to fostering inclusivity within the organization and beyond. Johan Torgeby, SEB’s President and CEO, emphasized the bank’s … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, Media, News, Society, Sweden
Tagged Inclusion, Johan Torgeby, Kristofer Engman, LGBTQ+, partnership, Robert Celsing, SEB, society, Stockholm Pride 2024
(IN BRIEF) Stora Enso’s innovative Harvesting Partner concept, aimed at fostering entrepreneurship and skillful operators in the forest industry, has expanded across Sweden, Finland, Norway, and Lithuania since its launch in November 2022. In collaboration with SEB, Stora Enso has … Read the full press release
Posted in Banks, Business, Construction, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Lithuania, Management, News, Norway, Sweden, Technology
Tagged entrepreneurs, Financing Model, Finland, Forest Industry, innovative, Jakob Hansson, Lithuania, Mattias Bränngård, Norway, partnership, SEB, Stora Enso, sustainability, Sweden
(IN BRIEF) SEB has been ranked as the top sustainability advisor for large companies and financial institutions in the Nordics for the fourth consecutive year. The ranking covers Sweden, Finland, Denmark, and the overall Nordic region. Prospera’s Sustainability Advisor 2023 … Read the full press release
Posted in Awards, Banks, Energy, Gas & Oil, Environment, Financial, Management, Sweden
Tagged CSRD, financial institutions, Hans Beyer, Nordics, Prospera, SEB, surveys, sustainability advisor, Sustainability Advisor 2023
(IN BRIEF) In the Prospera Institutional Banking 2023 survey, SEB has once again secured its position as the best bank in the Nordic region for the third consecutive year. The bank ranks first overall, as well as in Sweden and … Read the full press release
Posted in Awards, Banks, Business, Economy, Financial, Industrial, Investment, Management, News
Tagged Adam Gavel, Ann Magnusson, Awards, Financial, Institutional Banking Survey, investment, Prospera's 2023, SEB
(IN BRIEF) SEB has announced its investment in Copenhagen Energy Islands, a new development company by Copenhagen Infrastructure Partners (CIP), dedicated to creating energy islands globally. These large-scale offshore energy hubs are poised to play a crucial role in the … Read the full press release
Posted in Banks, Business, Denmark, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Copenhagen Energy Islands, investment, Jakob Baruël Poulsen, Kristian Skovmand, offshore, partnership, renewable energy, SEB, sustainability
(IN BRIEF) SEB’s Investment Outlook for the current economic situation suggests that a soft landing may be on the horizon, characterized by both a cyclical slowdown and ongoing efforts to combat inflation through tight monetary policies. While late-cyclical phases typically … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Sweden
Tagged Financial, Fredrik Öberg, investment, SEB
(IN BRIEF) Ericsson, a leading communications technology company, has successfully issued a €500 million green bond with a 4.5-year maturity. The bond, part of Ericsson’s Euro Medium Term Note Program (EMTN), will fund investments in energy efficiency. Ericsson’s CFO, Carl … Read the full press release
Posted in Business, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Sweden, Technology, Telecom
Tagged 2021 ICMA Green Bond Principles, Carl Mellander, CICERO Shades of Green, Citi, Credit Agricole CIB, Danske Bank, Deutsche Bank, EMTN, energy efficiency, Ericsson, ESG targets, Euro Medium Term Note Program, green bond, green financing, Green Financing Framework, mobile connectivity, renewable energy, SEB, sustainable financing
(IN BRIEF) SEB, a leading financial services group, has revealed its 2030 sector targets aimed at aligning its credit portfolio with net-zero emissions goals. These targets, covering sectors like oil & gas, power generation, steel, car manufacturing, and more, are … Read the full press release
Posted in Banks, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden
Tagged Hans Beyer, Johan Torgeby, net-zero, SEB, sustainability
(IN BRIEF) Finnish forest products company UPM has updated its Green Finance Framework to align with its Biofore strategy and incorporate the latest market practices and standards. SEB served as an adviser in the framework’s structuring. UPM had initially published … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden
Tagged Anssi Kiviniemi, Fredrik von Platen, Green Finance Framework, partnership, SEB, sustainability, sustainability goals, UPM
(IN BRIEF) Kristian Skovmand, currently the head of SEB’s Investment Banking division, has been named the new Country Manager in Denmark. This appointment comes as Mark Luscombe, the previous Country Manager in Denmark, has chosen to explore new career opportunities … Read the full press release
Posted in Banks, Denmark, Financial, Investment, Management, Sweden
Tagged appointment, Denmark, Investment Banking, Jonas Ahlström, Kristian Skovmand, Mark Luscombe, SEB
(IN BRIEF) Skandinaviska Enskilda Banken AB (SEB) has scheduled its Annual General Meeting for March 19, 2024. The bank’s Nomination Committee, responsible for proposing Directors and related matters, consists of members appointed by major shareholders, including Petra Hedengran (Investor) as … Read the full press release
(IN BRIEF) SEB has successfully completed its latest share buyback program, repurchasing SEK 1.25 billion worth of Class A shares. Following this, the Board of Directors has decided to initiate a new buyback program of the same value. The new … Read the full press release
Posted in Banks, Financial, Industrial, Investment, Management, News, Sweden
Tagged Financial, investment, SEB, Share Buyback Program
(IN BRIEF) EQT AB has announced its plan to repurchase a maximum of 1,800,000 of its own ordinary shares, amounting to a total maximum value of SEK 500,000,000. The decision was made in accordance with the authorization granted by the … Read the full press release
(IN BRIEF) SEB, a leading Nordic bank, has been rated as the best foreign exchange (FX) bank in the region according to Prospera’s survey, Foreign Exchange Nordics 2023. SEB’s top ranking reflects its dedication, proactivity, and strong customer focus. Despite … Read the full press release
(IN BRIEF) Deutsche Post AG has successfully issued its first sustainability-linked bond worth €500 million. The bond’s interest rate is tied to the company’s ambitious CO2 emissions reduction targets. Deutsche Post AG aims to decrease its greenhouse gas emissions to … Read the full press release
(IN BRIEF) SEB has maintained its position as the top Foreign Exchange (FX) bank in Prospera’s customer survey, reaffirming its status as the preferred FX-counterpart among Swedish corporates and institutions. The survey, based on interviews with 93 major players, evaluated … Read the full press release
Posted in Awards, Banks, Financial, Investment, Sweden, Technology
Tagged Anna Andrén, best FX bank, Foreign Exchange Sweden 2023, FX Sweden 2023 survey, Marcus Hallberg, Prospera, SEB
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