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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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