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Europe Daily Bulletin No. 7910

21 June 2001
Contents Publication in full By article 33 / 40
ECONOMIC INTERPENETRATION / (eu) banks

The Swedish banks FS - BANKEN FOERENINGSPARBANKEN and SE-BANKEN - SKANDINAVISKA ENSKILDA BANKEN have announced their merger to form a group named SEB SWEDBANK, which will be the largest in the Swedish sector with 35,000 employees and a pro forma turnover of SEK 55 billion. Its market value is set at close to SEK 150 billion, cumulated assets of SEK 2,000 billion and 11 million customers in Europe. The SE-BANKEN shareholders will hold 51.5% of the new group against 48.5% for the FS-BANKEN...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION