Thursday, 24 October 2013
The Swedish banking group SEB's operating profit of Skr4 618 million
for the third quarter of 2013. That compares with profit of Skr3.857
million corresponding period in 2012.
Monday, 23 September 2013
Typos are common everywhere even in banks. One such case in point,
which happened in a Nordea branch in Denmark, led to a big payout to a
customer.
Monday, 23 September 2013
Analysis of the Danish banking scene shows that the way the banks have
driven their businesses in the past is now pushing them deeper into
severe pressure, something that started when the financial crisis hit
in 2008. Since then, several Danish banks have collapsed and recent
review suggest that more are still to go.
Monday, 16 September 2013
Danske Bank's Board of Directors has appointed Thomas F. Borgen as new
CEO of the company, replacing Eivind Kolding whom the board thinks he
does not have the required qualities to continue the banking operations.
Monday, 26 August 2013
ICA Banken AB did not report to Swedish Financial Services Authority,
or the Finansinspektionen (FI) that the Bank had a new owner, which it
is obligated to do. As a result of this breach, the Bank is receiving a
remark.
Monday, 26 August 2013
The Swedish Financial Services Authority, Finansinspektionen (FI) is
excited that it has been provided with a new powers to put pressure on
Swedish banks to reduce their over reach and work harder to earn their
huge profits.
Wednesday, 17 July 2013
Svenska Handelsbanken reported a EBIT of Skr4.723 million for the
second quarter of 2013, which is better than last year's Skr 4,412
million in the same period.
Wednesday, 17 July 2013
Nordic region's biggest bank Nordea made an operating
profit of
Skr9.1 billion during the second quarter of 2013. That was higher than
what the analysts who monitor the company had expected. Expectations
was for Skr 8.9 billion.
Monday, 15 July 2013
SEB reports an operating profit of Skr4.8 billion in the second
quarter. That compares with an expected Skr4.0 billion.
Tuesday, 18 June 2013
The Swedish government plans to sell up to 230 million shares it owns
in Nordea, the Scandinavian regions biggest bank. That will correspond
to 5.7 percent of its stake in the bank and will mean that Sweden will
cut its overall stake in the bank from 13.4 percent to 7.8 percent.
Monday, 17 June 2013
Sweden based leading Nordic integrated investment bank Carnegie,
announces that it has signed an agreement whereby Carnegie will acquire
NRP Securities, a part of the Norwegian Group Ness, Risan &
Partners.
Wednesday, 22 May 2013
Forex Bank in Sweden has been warned and penalised to pay Skr 50
million for failing to handle its financial operations with a failed
financial services organisation Panaxia. The Swedish Financial
Authority, Finansinspektionen (FI) made this knownin a press release
out today.
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