Stockholms Enskilda Bank, sometimes called Enskilda banken or SEB, was a Swedish bank, founded in 1856 by André Oscar Wallenberg as Stockholm's first private bank. In 1857, Stockholms Enskilda Bank began to employ women, claiming to be the first bank in the world doing so.
Stockholms Enskilda Bank was managed by the Wallenberg family who, thanks to the bank, built a unique position in Swedish business. During World War II, the Wallenberg bank was accused of collaborating with Nazi Germany, putting the bank on blockade by the U.S. Government. In 1972, the bank merged with Skandinaviska Banken to become Skandinaviska Enskilda Banken.
Read more about Stockholms Enskilda Bank: History, Chairmen of The Board, Chief Executives, References
Famous quotes containing the word bank:
“Life is a long Dardenelles, My Dear Madam, the shores whereof are bright with flowers, which we want to pluck, but the bank is too high; & so we float on & on, hoping to come to a landing-place at last—but swoop! we launch into the great sea! Yet the geographers say, even then we must not despair, because across the great sea, however desolate & vacant it may look, lie all Persia & the delicious lands roundabout Damascus.”
—Herman Melville (1819–1891)