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Sweden Banking News. Service for global professionals. Constantly updated news and information about Sweden.
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Latest Sweden Banking News

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  • The surprising reason why banks are suddenly repaying their TARP funds. 17 Dec 2009 21:17 GMT
    ... The surprising reason why banks are suddenly repaying their ... of stock. The United States eschewed the Swedish approach— . And it didn't go the ... Reserve rushed to the assistance of the banking sector by guaranteeing banks' debt, intervening in ...

  • Why Banks Are Repaying Their TARP Funds 18 Dec 2009 18:22 GMT
    ... One of the main criticisms of the massive bank ... chunks of stock. The U.S. eschewed the Swedish approach— . And it didn't go the ... Reserve rushed to the assistance of the banking sector by guaranteeing banks' debt, intervening in ...

  • What's So Great About Having Really Sound Banks, Anyway? 17 Dec 2009 22:59 GMT
    ... failures lousy credit. It's the worst of banking worlds. You don't even want average banks. ... the soundest banks in the world. But Sweden follows close behind, then Luxembourg and Denmark. ... Denmark. I'm arguing that you should prefer Swedish banks, or even Danish ones to Canada's. ...

  • UPDATE 3-Sweden holds rates, sees no move until late 2010 16 Dec 2009 12:48 GMT
    ... Nick Vinocur STOCKHOLM, Dec 16 (Reuters) - Sweden's central bank held its key policy rate ... hike coming in April or July. The Swedish crown trimmed gains made versus the euro ... renew an offer of ultra-cheap loans to banks this time. 'Financial markets are functioning better,' ...

  • Sweden: GM threatens Saab shutdown by year's end 18 Dec 2009 07:46 GMT
    ... Sweden: GM threatens Saab shutdown by year’s end ... brand, as officials from Saab and the Swedish government travelled to Detroit to urge the ... of the company. Antonov is involved in banking, with the Convers Group controlling Investbank, which ...

  • Bankers simply must accept a lean year 14 Dec 2009 09:59 GMT
    ... If serious damage is to be done to the ... of a disaster largely brought on by banking excess, it does the financial community no ... Business Media to EQT which is a Swedish private equity group owned by the Wallenberg ...

  • EFG International hires senior trio for Sweden 17 Dec 2009 17:00 GMT
    ... Wilkinson EFG International hires senior trio for Sweden EFG International, the Swiss private bank, has ... a team of three to strengthen its Swedish business, EFG Bank AB. Lars Bjerrek joins ... client relationship officers across both the private banking and institutional businesses. Bjerrek was most recently ...

  • Euro dented by banking concerns 15 Dec 2009 22:53 GMT
    ... Published: December 15 2009 12:19 | Last updated: ... as concerns about the health of eurozone banks and a slip in German economic sentiment ... at $1.4532 late in New York. The Swedish krona fared worse than the euro as ...

  • Swedish c.bank keeps rates on hold again 16 Dec 2009 09:31 GMT
    ... STOCKHOLM, Dec 16 (Reuters) - Sweden's central bank kept its key interest rate ... half of the year. For stories on Swedish interest rate decisions, click on (Editing by ... consent of Thomson Reuters. Bonds, money Central banks Macroeconomic stories, OECD reports Foreign exchange ...

  • European shares end 3-day winning run; banks fall 15 Dec 2009 13:00 GMT
    ... By Dominic Lau LONDON, Dec 15 (Reuters) - European ... the start of the new year.' The banking sector was also weighed down by a ... & Mauritz dropped 1.4 percent after the Swedish fashion retailer undershot expectations with a 9 ...

  • British banks to phase out cheques 17 Dec 2009 00:30 GMT
    ... to become a historic relic after British banks voted to phase it out in favour ... all but disappeared in high-tech countries like Sweden and Norway and their use is under review ... on Messrs Morris and Clayton, scriveners and bankers of the City of London. In those ...

  • Swedish mkts don't need fixed-rate loans now-Ingves 16 Dec 2009 11:34 GMT
    ... STOCKHOLM, Dec 16 (Reuters) - Sweden's central bank did not extend its offer ... extend its offer of ultra-cheap loans to banks at its latest meeting because there is ample ...

  • Sweden's Electrolux to fill vacuum left by banks in Charlotte 16 Dec 2009 20:55 GMT
    ... By Stella M. Hopkins | Charlotte Observer Swedish appliance maker Electrolux said today it will move its North American headquarters to Charlotte, bringing ...

  • UPDATE 4-Sweden holds rates, sees no move until late 2010 16 Dec 2009 17:17 GMT
    ... Nick Vinocur STOCKHOLM, Dec 16 (Reuters) - Sweden's central bank held its key policy rate ... renew its offer of ultra-cheap loans to banks. These have helped keep borrowing costs down and ...

  • Swedbank: Swedbank guarantees Swedbank Mortgage 18 Dec 2009 09:57 GMT
    ... general, unconditional and irrevocable guarantee for Swedbank Mortgage for the purpose of maintaining the present ... 600,000 corporate customers with 419 branches in Sweden, 278 branches in the Baltic countries and ...


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