SWEDEN: RUMOURS OF BANK CONSOLIDATION

Article Abstract:

Goran Collert, chairman of the board in Swedish bank Foreningssparbanken, says that he believes in a continued consolidation of the Nordic bank sector. Collert finds the Swedish bank SE-Banken an interesting partner. Foreningssparbanken has, according to Collert, three possible alternatives: to consolidate within Sweden, to merge with a bank in another Nordic country or to aim at an alliance. A consolidation with SE-Banken would strengthen the market position in Europe, according to Collert.

Clearing Banks, Financial Transactions Processing, Reserve, and Clearinghouse Activities, Sweden, Scandinavia, Commercial banks, Bank clearinghouses, SE Banken

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Understanding retail banking challenges

Article Abstract:

The challenges being faced by the retail banking sector in Europe are discussed.

Europe, Management dynamics, Management, Forecasts and trends, Market trend/market analysis, Company business management

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