Sweden’s Economic Forecast Cut at SEB as Households Squeezed

[ad_1] The outlook for Sweden’s economy has deteriorated with spending by households set to be a determining factor in how big the contraction turns out to be, according to the…

Swedish FSA fines SEB for lax anti-money laundering measures in Baltics

[ad_1] By Colm Fulton, Simon Johnson STOCKHOLM (Reuters) – Sweden’s financial watchdog on Thursday fined lender SEB SEBa.ST 1 billion crowns (£86 million) for failures in compliance and governance in…

Lufthansa Group sells AirPlus to Sweden’s SEB Group

[ad_1] The Lufthansa Group has signed an agreement to sell payment specialist AirPlus to Sweden’s SEB Kort Bank for €450 million, it was announced today. The deal comes shortly after…

Lufthansa Group to Sell AirPlus to Sweden’s SEB Kort Bank

[ad_1] The Lufthansa Group has agreed to sell corporate payment provider AirPlus to Stockholm-based SEB Kort Bank AB, the company announced. The approximately €450 million sale, which includes AirPlus and…

SEB Investment Management: Facilitating the low-carbon transition

[ad_1] Organisation details Name: SEB Investment Management Signatory type: Asset manager HQ location: Sweden Assets under management: SEK684 billion as at 31 December 2022 Covered…

External auditor raises material uncertainty on Sapura Energy

[ad_1] KUALA LUMPUR: Sapura Energy Bhd‘s (SEB) external auditor, Ernst & Young PLT (E&Y) has expressed its unqualified opinion with material uncertainty on the group’s ability to continue as a…

SEB to develop Port Dickson land in NS Corp JV

[ad_1] KUALA LUMPUR: Seremban Engineering Bhd (SEB) has entered into a joint venture (JV) with Negri Sembilan’s investment arm NS Corp to develop three parcels of land measuring 28 acres…

Sweden’s SEB posts forecast-beating profit, as net interest income climbs

[ad_1] By Dominic Chopping STOCKHOLM–Skandinaviska Enskilda Banken AB on Wednesday posted a better-than-expected first-quarter net profit, driven by a sharp rise in net interest income. The Sweden-based bank posted net…