SE Banken Prepares Risk Advisory Service And Revamps Risk Controls

SKANDINAVISKA Enskilda Banken (SE Banken), the Stockholm-based bank, is hiring treasury risk advisors for a new risk management consulting service. The bank has also formed a new high level risk committee which meets every month. Separately, SEBanken is testing systems to generate intraday VAR reports.

The new treasury advisory service will be headed up by Hans Larsson, SE Banken's head of trading and capital markets in London. Larsson declines to discuss the operations of the new advisory group

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