Handelsbanken

Handelsbanken On 1 October, Dag Tjernsmo will be appointed new head of Handelsbanken Regional Bank Norway. At the same time, he will be appointed Executive Vice President of Handelsbanken and become a member of the Bank's senior management team.

Handelsbanken Handelsbanken has a strictly decentralised working model, whereby most business decisions are taken at the branches, close to the customer. This also means that the Bank has a very flat organisational structure; between branch manager and chief executive there is only one level - head of regional bank. This leads to short, efficient and clear decision paths.

Handelsbanken - Michael Zell appointed new country manager

Handelsbanken Handelsbanken, together with other major owners, has signed a Memorandum of Understanding to sell its shares (24.82%) in NCSD to Euroclear. The transaction is expected to be completed in Q3 2008.

Handelsbanken At the 2008 annual general meeting (AGM), it was resolved to reduce share capital by SEK 22,218,000 through the cancellation without repayment of the 4,830,000 shares that the Bank had repurchased since the 2007 AGM. The annual general meeting also resolved, by means of a bonus issue, to increase the Bank's share capital by SEK 31,173,473.10 through a transfer of this amount from its unrestricted share capital without the issuing of new shares.