SEB seeks European scale

Headline: SEB seeks European scaleSource: EuromoneyDate: September 2001 Lars Thunell, president of SEB, in which Investor has a large stake, explains its strategy         Lars Thunell What prompted your merger with ForeningsSparbanken? Our merger with ForeningsSparbanken will allow us to become stronger in our home market and give us the base for […]

Headline: SEB seeks European scale
Source: Euromoney
Date: September 2001

Lars Thunell, president of SEB, in which Investor has a large stake, explains its strategy

       
Lars Thunell
What prompted your merger with ForeningsSparbanken?
Our merger with ForeningsSparbanken will allow us to become stronger in our home market and give us the base for international expansion. Prior to the merger we stood no higher than forty fifth in terms of market capitalization among all European banks and that was much too low.






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