Wed, 2 Sep 2009: Swedish bank moves to restructure its operations…

He added that this is a part of a long-term process, the objective of which is to form Swedbank into an efficient, singular organization. Customers will not be directly affected by the change. ...

Wed, 28 Feb 2007: Swedbank stock takes dive on lat devaluation fears…

Another Swedish bank, SEB, which owns Uhispank, Unibanka and Vilniaus Bank, also saw its share price take a hit, losing 5 percent over the first four days of last week. International investors ...

Wed, 30 Mar 2005: Swedbank ups ante, wins over Hansa shareholders…

"While fully understanding Swed-bank's business logic of the profitability of the takeover… it does not automatically mean profit to the bank. We find the potential synergies are small," the ind...

Thu, 25 Feb 1999: Swedish bank plans Baltic strategy…

According to the Baltic News Service reports, SEB has apparently not ruled out the possibility of boosting its approximate one-third stake in Estonia's Uhispank and Lithuania's Vilniaus Bankas. Th...

Thu, 3 Dec 1998: Vilniaus Bankas wraps up Swedish deal…

The Swedish heavyweight plans to grab the Lithuanian bank's entire new issue of 4.8 million shares at a price of 46 litas ($11.2) apiece. The Swedish bank's overall investment in Vilniaus Bankas i...

Thu, 26 Nov 1998: Swedes poised to become Baltic banking leaders…

18 with an announcement that SEB would acquire 15 million shares of Uhispank through a share issue at 40 kroons ($2.97) a share. It also purchased 6 million existing Uhispank shares.This is the se...

Thu, 8 Oct 1998: Swedbank gets half of Hansapank shares …

Swedbank said it would guarantee the issue of 14 million shares at a price of 100 kroons ($7) a piece. Hansapank's shareholders may buy one share for every four they own, but if they fail to subsc...
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