SEB CEO Falkengren says would like to keep German ops |
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Published
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Thu, 01 Feb 2007 10:43
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FRANKFURT (AFX) - SEB AB chief executive Annika Falkengren told Handelsblatt daily she would like to keep the company's German banking operations.She added that although the unit was not very profitable, 'it's recent development has been fantastic.'SEB at the beginning of 2006 set a two year deadline for the German operations to improve profitability.If it failed to do so, the business could be put up for sale, SEB said previously.alfred.kueppers@afxnews.comamk/lamCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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