Skandinaviska Enskilda Banken, SEB, has acquired a strategic stake in the Polish bank, Bank Ochrony Srodowiska (BOS), acquiring 31.9 per cent of the shares and votes. BOS, which was founded in 19990, is a medium-sized bank with its head office in Warsaw. It is active both in corporate and private segments. As of June 30, 2000, BOS had total assets of MSEK 9.635, 1,660 employees and 55 branches.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.