• SEB on 3 December introduced the speedy SWIFT gpi payment service on all its markets outside of Sweden. SEB already in June introduced the service in Sweden.

  • Next year blockchain will take the leap from hype to reality. That was the message at the blockchain firm R3’s Nordic conference, which was held at SEB in Arenastaden. 

  • Meet Adam Österman who works in SEB's Innovation Lab. He is driven by releasing innovation and creating new ways of working within the bank. 

  • On Friday 2 November, the results of the European Banking Authority's EU-wide stress test were published. 

  • SEB is establishing a new function, specialising in digital business models and strategies. Jan Amethier will head up the new unit.

  • SEB will split its Life & Investment Management division in two, enabling the bank to further strengthen its savings offering and better meet changing customer demands.

  • SEB appoints Nicholas Moch as CIO and Ausra Matuceviciene as responsible for automation in order to strengthen the digitalisation and automation agenda.

  • Operating income for the third quarter amounted to SEK 11.4bn (11.9). Compared to the third quarter 2017, operating income increased by 3 per cent. 

  • SEB is the only Nordic bank participating in the Voltron project which will develop a blockchain-based platform for document processing in trade finance. 

  • SEB offers no products nor participates in structures whose sole purpose is to avoid taxes, says SEB in a commentary on Friday's media reports that the bank carried out financial transactions in Sweden.

  • SEB has not offered or financed transactions in Germany for the purpose of recovering unpaid taxes. We distance ourselves from that type of arrangement, says  SEB in a comment on Thursday's media reports.

  • Pay increases in major advanced economies have speeded up in recent years. But in Sweden, we have not seen any similar pay acceleration, says Håkan Frisén and Olle Holmgren in this week's Reflections.

  • In December last year a reverse mentoring initiative started where members of SEB's Group Executive Committee were paired with a few of the bank's millennials to gain new perspectives. For Mats Torstendahl and Maria Bernstål, sales manager for the SME segment, it was a good match.

  • As opposed to before, the Swedish currency now has some defensive qualities and may therefore not fall in value and provide a cushion for the economy when the next slowdown arrives.

  • Joachim Alpen, co-head of Large Corporates & Financial Institutions at SEB, joins the board at the newly founded Stockholm Sustainable Finance Centre, SSFC. 

  • Sweden’s largest real estate company Vasakronan on 21 September issued the world’s first green certificates.

  • The IT Young Professional Programme, ITYPP, started 2008 to attract new competences to SEB. Kamil Herzog was one of the first to participate and still has a lot to thank the program for.

  • “The financial market has a key role to play in creating economic drivers that contribute to a sustainability shift. The better we are at this, the faster the transformation will take place”, says Karl-Oskar Olming, new Chief Sustainability Strategist at SEB.

  • The inability of the parties to deal with Sweden’s new political landscape will hinder the formation of a strong, decisive government, says Håkan Frisén and Daniel Bergvall in the Economic Insights on the Swedish election coming up.

  • Global import tariffs have trended downward for the past 30 years. But increased populism is fuelling protectionism. The trade war will intensify this autumn, foresees Chief Strategist Robert Bergqvist in his reflections for August. 

  • The European Securities and Markets Authority (ESMA), which monitors compliance with the EU Credit Rating Agency Regulation (CRAR), has issued SEB with a sanction of 495,000 euros.

  • Operating profit for the second quarter 2018 was SEK 10.7bn (5.3). Return on equity was 29.9 per cent (11.6) while return on equity before items affecting comparability was 16.5 per cent (11.6). 

  • Corda Enterprise is now being launched, the next step in the development of a scalable, global infrastructure based on blockchain technology.

  • Our AI Guild recently arranged the very popular AI Day here at Arenastaden. Hundreds flocked to hear both internal experts as well as invited profiled guests talk. Watch the film!

  • SEB now launches its Developer Portal for public use, welcoming developers to sign up and get access to the first APIs that are part of SEB's Open Banking journey.

  • This week SEB was enrolled in SWIFT gpi, a new, global payment service that will lead to faster speed, greater transparency and better tracking of cross-border payments.

  • Hans Christian Kjelsrud will join SEB as Head of Shipping & Offshore.He most recently held the position as Global Head of Shipping & Offshore at Nordea.

  • SEB´s head of Sustainability, Marie  Baumgarts, has been included in The European Commission's Technical Expert Group on Sustainable Finance.

  • In recent months the weak Swedish krona has generated a broad discussion about the consequences of monetary policy. Håkan Frisén and Olle Holmgren comments on it in Economic Insights for June.

  • Peter Branner, CEO of SEB Investment Management AB, has decided to leave SEB to take up a position with a company outside the Nordic region. 

  • SEB commits to support international voluntary recommendations on climate-related financial disclosure. The recommendations have been prepared by an industry-led working group, Task Force on Climate-Related Financial Disclosures, (TCFD) at the request of the G20 Financial Stability Board (FSB).

  • SEB has signed a statement of commitment to the FX Global Code, which will ensure a robust, fair and transparent currency market distinguished by high ethics.

  • The Danish Competition Council, Konkurrencerådet, on 30 May 2018 approved the sale of SEB Pension to Danica Pension.

  • The financial sector has a key role to play in contributing to the green transition, said  Marcus Wallenberg, at the Swedish-French conference on Green economy. 

  • SEB has signed a share purchase  agreement to sell its Fund Services business in Luxembourg to FundRock Management Company S.A. The business, including some 20 employees, will be transferred to FundRock, subject to regulatory approval.

  • This week SEB launched green mortgages. The new loans are available to anyone with housing that Sweden’s National Board of Housing, Building and Planning have assigned an A or B rating for energy efficiency.

  • Through SEB’s collaboration with fintech company Capcito the bank’s small business customers are offered a digital solution which provides simple access to a dynamic overdraft.

  • Operating profit before items affecting comparability for the first quarter 2018 was SEK 5.3bn (6.1). Operating profit for the first quarter 2018 was SEK 5.3bn (4.2). 

  • SEB has published its first Green Bond Investor Report, describing the environmental impact from SEB’s inaugural green bond, issued in February 2017.

  • How can the private sector contribute to the huge investments that need to be made in renewable energy and infrastructure? This was the main question at SEB’s customer seminar on Nordic infrastructure and renewable energy held last week.

  • “What’s most important is that you have mutual trust and can meet face to face – that you feel a sense of engagement and a partnership,” says Lotta Svensson, who together with her brother Anders Svensson runs building supply firm Woody Bygghandel Stockholm Syd.

  • A booming economy and solid central government finances have created room for an expansionary election budget; the “krona-by-krona” principle has been replaced by a splurge mentality, says Håkan Frisén and Daniel Bergvall in Economic Insights for April.

  • "Our partnership with SEB works well for our portfolio managers as well as for our administrative staff,” says Mikko Mursula, Chief Investment Officer of the Finnish mutual pension insurance company Ilmarinen.

  • Confidence and an understanding for each other’s business are the most important factors in a banking relationship. So says Professor Vladas A. Bumelis, founder and Chairman of Biotechpharma, a Lithuanian company that develops and manufactures biopharmaceutical products for the pharmaceutical industry. 

  • After 20 years of marriage, Göran and Eva Brandt came to an impasse and decided to divorce. A year later they changed their minds and began searching for a new home together. It was then they met with their current bank adviser, who really made an impression.

  • No major economic effect from Trump's tariffs, and no further US action is main scenario, writes SEB’s Chief Economist Robert Bergqvist.

  • “What’s most important in a banking relationship is a long-term perspective, partnership and an interest to join us on our journey of growth.” So says Pia Aaltonen-Forsell, CFO of the industrial group Ahlström-Munksjö. 

  • Excluding items affecting comparability the operating result was SEK 22.7bn and return on equity 12.7 per cent. 

  • In cooperation with Danish venture capital fund SEED, SEB is investing 30 million Danish kronor in fintech company Cardlay.