SEB Launches Organisational Change Within its German Operations
SEB has decided to initiate organisational change in its German operations. The purpose is to, within the legal entity SEB AG, separate Retail Banking from Merchant Banking/Commercial Real Estate. This is to try to create the flexibility to benefit from the changing German banking market. The organisational change is of internal character solely and will have no implications on daily operations or relations with customers, partners and other stakeholders. SEB Asset Management is not part of the organisational change process.