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Östgöta Enskilda Bank
Danske Bank, formerly Östgöta Enskilda Bank, is a Swedish commercial bank which is owned by Danske Bank. History The bank was founded in 1837 as ''Öst-Götha-Bank'' in Linköping. The bishop Johan Jacob Hedrén was bank director. In 1846 it changed name to ''Östgötha Enskilda Bank'' and in 1856 to ''Östergötlands Enskilda Bank''. The bank in Kisa, Östergötland was robbed on 28 May 1999 and with police in pursuit the robbers killed two policemen, see Malexander murders. The banks in Stockholm and Östergötland County were called "Östgöta Enskilda Bank" until 2011, when they changed their name to "Danske Bank". Provincial banks The banking license is held by Östgöta Enskilda Bank, but it uses different brand names in various parts of the country, typically named after the historical Provinces or Counties of Sweden. *Bohusbanken (''in Bohuslän and Gothenburg'') *Gävleborgs Provinsbank (''in Gävle'') *Hallands Provinsbank (''in Halland'') *Närkes Provinsbank ('' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |