| Company type | Public Aktiebolag |
|---|---|
| Industry | Finance |
| Founded | 1856 |
| Founder | André Oscar Wallenberg  |
| Defunct | 1972 |
| Fate | Merged |
| Successor | SEB Group |
| Headquarters | Stockholm, Sweden |
| Products | retail banking, mortgage banking, business finance and merchant processing services |
| Owner | Wallenberg family |
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 to do.[1]
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.[citation needed] In 1972, the bank merged with Skandinaviska Banken to become Skandinaviska Enskilda Banken.[2]
- ^ This is evaluated in a number of academic works, see e.g. Ulf Olsson (1997), as well as Annual reports of the bank. On the internet see: The Wallenberg Foundation on employment reform in 1857 Archived 7 January 2006 at the Wayback Machine.
- ^ Since 1997, SEB is the official trademark of Skandinaviska Enskilda Banken
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