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H&M Stock Rises Amid Stockholm Market Decline
Business News

H&M Stock Rises Amid Stockholm Market Decline

The Stockholm stock exchange fell in afternoon trading on Tuesday and the broad OMXS index closed at minus 0,9 percent. Against the trend went clothing giant H&M, which rose 2,1 percent
JP Morgan Stock Rises After Strong Earnings Report
Business News

JP Morgan Stock Rises After Strong Earnings Report

The reporting season on Wall Street has started in earnest. And it begins with a thumbs up in the trade on the New York Stock Exchange after an unexpectedly strong report from the American major bank JP Morgan Chase & Co – but downwards for the competitor Wells Fargo
New strength signals from the US banking sector
Business News

New strength signals from the US banking sector

The American major banks Bank of America and Morgan Stanley both report unexpectedly strong results for the fourth quarter of 2024. On Wall Street, it's thumbs up
Banker led a broad upswing on Wall Street
Business News

Banker led a broad upswing on Wall Street

The courses on the New York stock exchanges rose on a broad front on Wednesday. Behind the investors' good mood lay partly a positive inflation report, partly unexpectedly strong financial reports from some of the USA's largest banks
USA's banks are doing better than expected
Business News

USA's banks are doing better than expected

The reporting season in the USA has begun with a series of strong financial reports from the major banks on Wall Street. Both JP Morgan Chase and Goldman Sachs are reporting significantly better results than expected and are getting the thumbs up in the futures market in New York
Klarna wants to sell loan portfolio in the USA
Business News

Klarna wants to sell loan portfolio in the USA

The payment service Klarna is trying to sell a large portion of its loan portfolio in the USA, reports the newspaper Financial Times, citing three anonymous sources. The purpose is to free up capital ahead of a stock exchange listing in New York
Hundreds of thousands of bank jobs are on their way to disappearing
Business News

Hundreds of thousands of bank jobs are on their way to disappearing

Investments in artificial intelligence (AI) will lead to up to 200,000 jobs disappearing in the global banking industry over the next three to five years, according to a report from Bloomberg Intelligence. More clinking in the cash register for the banks is an effect
Tough start to the stock market week
Business News

Tough start to the stock market week

The Stockholm stock exchange's broad OMXS index began the trading week with a decline of 0. 4 percent, weighed down by falling prices among others in heat pump manufacturer Nibe and fashion giant H&M
Major Bank Triggered Market Fall – Fined by the Stock Exchange
Business News

Major Bank Triggered Market Fall – Fined by the Stock Exchange

Top Economist: Trump's Style Can Calm Conflicts
World News

Top Economist: Trump's Style Can Calm Conflicts

Donald Trump has promised quick peace in Ukraine if he wins the election in the USA. He will learn that it is complicated, but Trump's unconventional style could be an opening in several global conflicts, believes top economist Nathan Sheets
Gasoline price continues to fall – lowest in three years
Business News

Gasoline price continues to fall – lowest in three years

The oil price continues to fall to levels not seen since 2021. For both central banks and consumers, it is welcome news
Mixed on the US stock exchange – banks weighed down
Business News

Mixed on the US stock exchange – banks weighed down

Small movements on Wall Street – Nvidia down again
Business News

Small movements on Wall Street – Nvidia down again

AI challenges Swedish major banks
Business News

AI challenges Swedish major banks

Swedish major banks may be on the verge of losing their grip on the banking market in Sweden in the wave of AI investments and fintech challenges, warns Ronit Ghose, head of analysis at American Citi. Sweden no longer looks as favorable for banks to operate in as it was 10-20 years ago
JP Morgan's share is falling – despite record profit
Business News

JP Morgan's share is falling – despite record profit

Three major banks on Wall Street have kicked off the reporting season in the USA. JP Morgan Chase & Co is falling in futures trading after the bank's quarterly figures – despite a record-breaking profit
The Market Relieved - Counts on French Compromise
Business News

The Market Relieved - Counts on French Compromise

The euro is strengthened slightly and risk premiums are dampened on French bond yields, while the Paris stock exchange turns upwards. The market is cautiously positive after the weekend's election in France
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