The plans should be unveiled officially this Friday, December 21. SEB Enskilda’s managers in Lithuania intend to pursue investment banking activities independently, the news site’s sources say.
“We do not comment on rumors hence there is nothing to say,” Žygintas Macėnas, the head of SEB Enskilda Lithuania, said when asked about the changes looming in the Baltic countries. Macėnas has headed the unit since 2002.
According to the news site, SEB Enskilda has a workforce of around 20 in the Baltic countries.
SEB Enskilda provides services in the areas of corporate finance and securities trade, as well as equity research. The company employs around 500 investment banking specialists in its offices in Copenhagen, Frankfurt, Helsinki, London, New York, Oslo, Riga, Stockholm, Tallinn, and Vilnius.